DXD ProShares UltraShort Dow30
- 26.890
- -0.280-1.03%
Trump Is Engineering a Global 'Paradigm Shift.' It Doesn't Favor U.S. Stocks
Employers Added 151,000 Jobs in February, Unemployment Rose to 4.1%
Nasdaq Announces Plans to Launch 24-hour Trading Monday Through Friday
US Morning News Call | Trump Delays USMCA Tariffs on Mexico and Canada Until April 2
The U.S. stock market has come under pressure, what will Trump do?
Reflecting on Trump's performance during his first term, despite the fact that U.S. stocks experienced one of the worst performances in a non-recession year in 2018, Trump still chose to escalate the trade war. Nomura believes that this indicates a high tolerance for the decline of U.S. stocks; therefore, he is more likely to "tough it out" against the decline in the stock market and inflation pressures, rather than quickly resolving trade conflicts.
The Nasdaq has fallen nearly 10% in two weeks, with chip stocks facing heavy short-selling.
In yesterday's Nasdaq crash, chip stocks led the decline, with the PHLX Semiconductor Index plummeting by 4.5%. Short sellers are aggressively shorting Technology stocks, pushing the shorting costs for the VanEck Semiconductor ETF to this year's highest point. The market is worried that Trump's trade disputes, stubborn inflation in the USA, and large-scale layoffs dominated by DOGE could trigger a recession or even stagflation in the USA. Additionally, the improvement of AI capabilities in China has sparked market concerns about the future demand for chips.
U.S. stocks closed: Trump frequently creates uncertainty, and the Nasdaq officially enters a correction zone.
① China Concept Stocks are mixed, with the Nasdaq China Golden Dragon Index down 0.77%; ② The USA lunar lander 'Athena' landed on the moon but did not stand upright; ③ OpenAI and Oracle accelerate the advancement of the Stargate project; ④ The EU discusses an alternative plan for Starlink.
Amidst the significant decline in US stocks, the US Secretary of Commerce remains Bearish on short-term fluctuations, hinting that a surge will eventually be seen.
On Thursday, USA Secretary of Commerce Gina Raimondo downplayed the recent decline of the US stock market when asked about the issue caused by panic from trade conflicts and anticipated significant growth in the future. This week, both Trump and the USA Secretary of the Treasury commented on the sharp drop in the US stock market, stating that the current decline is still acceptable.
ECB Cuts Rates to Guard Stalled Economy Against Tariff Threats
US Morning News Call | OpenAI May Charge $20K/Month for PhD-Level Agents
Wall Street Climbs As Trade Tensions Ease, Dow Jumps 485 Points
U.S. stock market closes: trade tensions ease, market rebounds, China's Golden Dragon Index skyrockets by 6.4%.
① Chinese concept stocks rose broadly, with the Nasdaq China Golden Dragon Index closing up 6.4%; ② The United Kingdom abandons the antitrust investigation into the "Microsoft-OpenAI" combination; ③ Google tests a new AI search model to handle complex queries; ④ Intel releases commercial AI PC products, which will ship at the end of March.
Trump's tariffs "give some leeway," U.S. stock indices rebound over 1%, Chinese concepts surge, Alibaba rises nearly 9%, the dollar plummets, and German bonds hit their worst performance since 1990.
Microsoft rose over 3%, leading the Dow Jones; automotive giants surged, with Stellantis up over 9% and General Motors rising over 7%. The China Concept Index increased by more than 6%, with XPeng Motors up over 7%. German stocks rose over 3%; the yield on ten-year German bonds surged by 30 basis points; the euro climbed over 1% to a four-month high, the USD fell over 1%, experiencing its largest drop in six weeks. The offshore yuan rose over 400 points during intraday trading. The Crude Oil Product closed at its lowest level in nearly six months.
Wall Street Today: Nasdaq, S&P 500 and DJIA Rise as Markets Cheer Pause on Some Auto Tariffs
"The small non-farm report" comes as a surprise! USA's ADP employment numbers for February have dropped to the lowest level since July of last year.
The USA's ADP employment number, known as the "little non-farm payroll," only increased by 0.077 million in February, marking the smallest increase since July 2024, falling far short of market expectations of 0.14 million and the previous value of 0.183 million.
ADP Says Just 77,000 Private Jobs Created in February as Businesses Navigate Trump Tariffs
Express News | U.S. Commerce Secretary Lutnick: Trump Thinking About What Canadian Sectors He Might Give Tariff Relief
US Morning News Call | Trump Calls for Repeal of $52.7 Billion CHIPS Act
What to Focus on From Trump's Address to Congress: Tariffs, Trade Tensions, and Fiscal Overhaul
As soon as the market opened, there was an exodus! Trump's "tariff stick" scared away retail investors in U.S. stocks, with record selling规模 in the first hour of trading on Tuesday.
The moment the bell for the U.S. stock market opening rings, a record wave of Stocks selling hits.