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US stocks hit new highs, with Apple's market cap surpassing Microsoft's, Tesla rising for the ninth consecutive day, silver futures falling by 3% at one point, and French stocks opening high and falling low.
Waiting for this week's US CPI and PPI inflation and Powell's congressional hearing. The New York Fed survey found that Americans' inflation expectations have fallen for two consecutive months, and the market is still betting on two interest rate cuts later this year. The S&P and Nasdaq have hit new highs for at least four days in a row, and Apple's market cap has surpassed Microsoft to become the largest company. Nvidia's increase has been cut in half after a nearly 4% increase, and TSMC briefly rose more than 4.8% in market cap, breaking the $1 trillion barrier. AI concept stocks such as Arm and Oracle also hit new highs and Intel and Super Micro Computer rose more than 6%. The Chinese concept stock index fell 1%, Xpeng Motors fell more than 6%, and Niu Technologies rose 16%. The second round of the French parliament elections unexpectedly ended without any political party obtaining an absolute majority, and European stocks rose but fell in the final session. The euro and French bond yields also opened high
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Consumer stocks were mixed Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) little changed, paring ea
Express News | Niu Technologies: Large-Scale Retail Expansion to Over 800+ Best Buy Stores, Across United States
NIU Announces Large-Scale Retail Expansion at Best Buy
Supporting Materials: NIU KQi 300X and KQi 300P Electric Kick Scooters NIU KQi 300X and KQi 300P Electric Kick Scooters Electric Mobility Solutions are Now Available at 800+ Best Buy Stores Nationwid
Niu Technologies Reports Robust Q2 Sales Growth
Express News | Niu Technologies Shares Jump 7.7% Premarket After Co Reports Rise in Q2 2024 Sales Volume
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