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S&P 500 Index Newsroom
Market Rebound Uncertain Amid Weak Consumer Spending
S&P rises over 2%, the best in nearly two years, with chip stocks up about 7%, Nasdaq and Chinese stocks up 2.8%, and US Treasury yields and the yen falling for three consecutive days.
The latest employment data alleviates concerns over the US economy, and US stocks rose more than 1.7%. Nvidia's stock rose more than 6%, and Tesla, Alibaba, PDD Holdings, and Tencent ADR rose more than 3%. Bullish on weight loss drug reports, Eli Lilly and Co's stock rose more than 13%, and Novo-Nordisk A/S's US stock rose nearly 8%. The 10-year US Treasury yield rose above 4%, and short-term bond yields rose by 10 basis points. Oil prices rose for the third consecutive day, gold halted its five-day decline, and digital currency had a big increase.
Jpmorgan: If there is no urgency for the Federal Reserve to relax monetary policy, US stocks still face risks.
JPMorgan's newly appointed market strategy director stated that the US stock market is no longer a one-sided upward trend, but rather a growing number of two-sided trends. The recent rotation of stocks appears to be closing out cycles rather than the beginning of trend-selling over the entire cycle. Kolanovic was JPMorgan's former market strategy director who left in July. An analysis article by Wall Street News pointed out that his departure might not be good news for the US stock market.
S&P 500 Tries Its Best to Rebound With Best Day In A Year | Wall Street Today
S&P 500 Has Best Day Most Since 2023
Apple Plans to Release New Mac Mini Version Later This Year, Bloomberg Reports
S&P 500's Largest Stocks Are Now Cheaper, and Amazon Shines by This Metric
Chubb Limited Board Declares Quarterly Dividend
Earnings Bite Consumer Stocks, Besides Weightloss | Moovin Stonks
Japan's Nikkei 225 And The US S&P 500 Index Weathered Unprecedented Volatility With A Surprising 3% Rebound
Retail Investors Haven't Been This Pessimistic in Nine Months, AAII Survey Finds
Stock Market Likely to Retest Lows in 4-Step Recovery Process, History Suggests
Traders Brace for Volatility and Shift from 0DTE Options Ahead of Jobless Claims Report
US Morning News Call | Traders Expect More S&P 500 Volatility After Jobless Claims
These Stock Picks Were No Ticket to Paradise -- Heard on the Street
Goldman Sachs: Worst market sell-off may be over but caution still needed.
Tony Pasquariello, head of Goldman Sachs' global hedge fund business, said that after a turbulent week in global markets, the worst of the sell-off may be over, but investors need to "exercise caution in directional bets."
Dollar Falls Ahead of Further U.S. Labor-Market Data -- Market Talk
Long-Term Drivers of FX Markets
Goldman Sachs: Currently, the market turbulence is not causing panic at the Federal Reserve, so there is no need for an emergency rate cut.
Goldman Sachs' model analysis results show that even if the economy is currently growing at a rate of more than 2% (which is generally considered healthy), a significant and sustained stock market decline is needed to push the economy into a recession.
American "post-95s" self-mock as the "most unfortunate generation": experiencing three stock market crashes in their first five years of investment.
According to the report, after a sharp drop in the US stock market, the Nasdaq index fell nearly 10% in the previous three trading days, which has caused many tragic "margin calls".