Elliott Wave Forecast: Bullish Trends Ahead for Global Indices Including S&P 500, Nasdaq 100 [Video]

FXStreet01:15 ET

Tech giants' financial reporting season is coming again, and this time the focus is still on: nvidia and capital expenditures.

Analysts believe that considering the expensive stock price and the high base of the same period last year, nvidia's Q3 performance may "face challenges", investors closely watching its AI investment and Blackwell chip situation; On the capital expenditure side, Wall Street generally expects it to continue to surge, but still bullish on AI potential.

wallstreetcn00:15 ET

Is the last stock market frenzy? Well-known investment banks warn: s&p 500 may drop 25% next year.

①Strategists predict that the s&p 500 index may climb another 10% this year, to around 6400 points; ②Subsequently, with inflation rising in 2025, the index may experience a sharp decline of 25%, to 4750 points, back to the level at the beginning of 2024.

cls.cn00:05 ET

Options Market Statistics: United Airlines Stock Soars After Earnings Beat; Options Pop

Options Newsman20:27 ET

10/17 [Strength and Weakness Material]

[Bullish and bearish factors] Bullish factors include: dow jones industrial average rose (43,077.70, +337.28), Nasdaq Composite Index rose (18,367.08, +51.49), 1 USD = 149.50-60 yen, Chicago Nikkei futures rose (39,450, +260 compared to Osaka), SOX index rose (5,155.86, +10.65), VIX index decreased (19.58, -1.06), decline in long-term US interest rates, expectation of inflation easing in the USA, active share buyback, request from Tokyo Stock Exchange to enhance corporate value.

Fisco Japan19:31 ET

U.S. stock market closing: all three major indexes rose collectively, with the Chinese concept stock index up nearly 1%.

1. China concept stocks varied, nasdaq china golden dragon index rose by 0.93%; 2. Airbus plans to cut 2,500 jobs in defense and aerospace departments; 3. General Motors invests $0.625 billion in a top lithium project in the USA; 4. E-mini russell 2000 index has reached its highest level in nearly three years.

cls.cn17:33 ET