US stocks closed with mixed performance for the three major indexes. Tesla rose more than 9% over the past two days, while NIO soared 14% after its performance announcement.
Before the non-farm data, there is new evidence of the cooling of the US job market, and economic concerns support a substantial rate cut bet. The yield curve of the 2-year/10-year US Treasury bonds, which briefly inverted for the third time in two years. The S&P 500 fell for the third consecutive day, with Broadcom falling more than 4% after hours, Tesla rising nearly 5%, and Nvidia and Chinese concept stocks rising nearly 1%. The yen reached a one-month high, and the offshore renminbi rose by 300 points to break 7.09 yuan. Gold rose briefly by 1%, and oil prices rose more than 2% before falling. US oil fell below $70 for the first time in 15 months over two days.
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Hoang Truong : EJH was dump by a group of scammers on viber and whatapps. This is second time in this year they successfully did the scam, They call for everyone to buy and hold then they sold short, when the time come they call everyone to sell off because some excused reasons. The panic mode of all the members of those group would cause a big sell off. Watch out Royan Lam who is the leader of these scams
MoshDawg : How is EJH an mpox play? Seems they're a services company in China, not sure how that connects to mpox?