No Data
Wall Street Today: Nasdaq and S&P 500 Rise Amid Tech Rebound and Tame Inflation Report
The giants of hedge funds in the USA have encountered a series of failures! Brevan Howard has already lost 5% this year, a rare occurrence in history.
Since Howard co-founded Brevan Howard in 2003, the flagship Fund has only experienced a loss exceeding 5% in one year. Since Trump was elected President of the USA last November, geopolitical turmoil and volatility in the Global market have significantly increased, and the performance of the fundamental long-short Fund has recently recorded its largest decline since May 2022.
U.S. stocks closed mixed: the three major Indexes showed varied performance, with Technology stocks rebounding strongly and the Nasdaq rising over 1%.
① Only the Dow Jones index slightly declined among the three major indices, while the Nasdaq rose by over 1%; ② Large Technology stocks generally increased, with Tesla rising by more than 7%; ③ Intel surged by 12% in after-hours trading, and the company appointed Chen Liwu as CEO.
Inflation data boosts U.S. stocks. Analyst: Another major risk in the market still looms.
The recently released moderate inflation data may provide a temporary boost to the market, but investors still need to be cautious.
Express News | The Total Private Credit Market Is Expected to Reach $2.8 Trillion in Assets Under Management (AUM) by 2028, up From Roughly $1 Trillion in 2020
Express News | The Spread Between The American Association of Individual Investors (AAII) Bullish Minus Bearish Readings Has Reported Its 8th Most Bearish Reading In Its History Going Back To 1990. 19.4% Of Respondents Reported Bullish Expectations For The Direction...
