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$1000 Invested In This Stock 15 Years Ago Would Be Worth This Much Today
JPMorgan CEO Dimon: The US stock market is "a bit overvalued".
Damon stated that the asset prices in the USA stock market are "somewhat overvalued," and by any measure, asset prices are in the top 10% or 15% of historical valuations. Certain parts of the bond market, such as sovereign debt, are also at "historical highs."
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Trump 2.0's first trading day: Small Cap stocks led the rise, the Nasdaq index briefly fell, and Bitcoin tested $0.107 million.
On the first trading day after Trump's return to the White House, the Dow Jones rose over 1%, the chip index surged over 2%, multiple institutions downgraded Apple which fell over 3%, losing its throne as the Global Market Cap leader to NVIDIA, Tesla turned negative, Trump's media dropped 11%, and Oracle, which will partner with SoftBank to invest in USA AI Infrastructure, rose over 7%. Netflix's Earnings Reports were Bullish, leading to a post-market increase of over 13% to a new high. The China concept index rose over 1% before turning negative, New Oriental dropped over 23%, and Xiaopeng Autos rose over 6%. European and American long-term bonds led the rise, the dollar hit a two-week low, the Canadian dollar and Mexican peso fell, offshore RMB briefly fell below 7.29 yuan, Trump coin turned positive, US oil fell as deep as 3%, and Gold rose over 1% to the highest level in more than two months.
12 Industrials Stocks Moving In Tuesday's Pre-Market Session
Forex Today: Markets Remain Focused on Trump's Policies