U.S. August core CPI rose more than expected on a month-over-month basis, leading the market to believe that the Fed will not make a sharp rate cut next week. U.S. stocks initially dropped, with$Dow Jones Industrial Average (.DJI.US)$plunging over 740 points at one point and$NASDAQ 100 Index (.NDX.US)$falling as much as 1.6%. However, Nvidia's CEO Jensen Huang emphasized the overwhelming demand for AI chips, which drove$NVIDIA (NVDA.US)$'s stock higher, sparking a V-shaped reversal i...
On Monday, U.S. stocks and bonds were closed for Labor Day, while European stocks showed mixed results. The pan-European index halted its four-day winning streak, with German stocks rebounding to a record high, driven by a nearly 2% rise in the real estate sector.$CATHAY PAC AIR (00293.HK)$Cathay Pacific reported an issue with engine parts on its Airbus A350 planes, leading to a 6.5% drop in supplier Rolls-Royce shares, marking their biggest decline in over a year, while Airbus fel...
Jay Powell says 'time has come' for US interest rate cuts If you have money in money market funds (MMFs) or CDs (certificates of deposit), it might be a smart move to shift some of that money into short-term U.S. Treasury bonds. $U.S. Treasury Bond ETFs (BK22866)$
Ahead of the upcoming Jackson Hole Symposium, I am bullish on U.S. Treasury bonds.Anticipated rate cuts could drive bond prices higher as the bond market is highly sensitive to interest rate changes. By investing in U.S. Treasury bonds, I look forward to benefiting from rate cuts and maintaining a keen eye on market dynamics. This strategy may appeal to investors seeking stable returns and risk mitigation. In this macroeconomic environment, U.S. Treasury bonds could emerge as a prominently wa...
If you have money in money market funds (MMFs) or CDs (certificates of deposit), it might be a smart move to shift some of that money into short-term U.S. Treasury bonds.
$U.S. Treasury Bond ETFs (BK22866)$
By investing in U.S. Treasury bonds, I look forward to benefiting from rate cuts and maintaining a keen eye on market dynamics. This strategy may appeal to investors seeking stable returns and risk mitigation.
In this macroeconomic environment, U.S. Treasury bonds could emerge as a prominently wa...
As a result, U.S. stocks opened higher and collectively closed near their daily highs. $S&P 500 Index (.SPX.US)$rose more than 2%, marking its biggest gain since November 2022, $Nasdaq Composite Index (.IXIC.US)$gained nearly 2.9%, $Dow Jones Industrial Average (.DJI.US)$surged over 680 points, $Russell 2000 Index (.RUT.US)$ climbed 2.4%, the Chinese Con...
However, due to rising Middle East tensions and weak demand for the 10-year US Treasury auction, the market's...
Chip and Chinese concept stock indices rose over 3.6%. $NVIDIA (NVDA.US)$ surged over 7% before clo...
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