S&P welcomes its 39th new high of the year! The surprise rate cut, though late, has arrived. What will drive the new surge in the US stock market?
In the early morning of September 19th, the Federal Reserve violently initiated a 50 basis point interest rate cut, while the unexpectedly low number of initial jobless claims announced on Thursday further strengthened confidence in a soft landing of the US economy.
US Stock Market Outlook | US Stock Market's 'Triple Witching Day' is coming! $5.1 trillion options are expiring; change of leadership, Nike's pre-market surge of nearly 8%
US stocks hit a new high! The highest target on Wall Street: the S&P 500 could soar to 6100 points by the end of the year; FedEx shares fell nearly 13% before the market opened, narrowing the range of full-year profit estimates.
Maximum of 6 billion! kweichow moutai proposes to buy back shares, implementing repurchase for the first time in 23 years since listing.
①The purpose of repurchasing shares is for cancellation and reduction of the company's registered capital. ②The repurchase price of shares shall not exceed 1795.78 yuan per share (inclusive).
Asia Markets Advance, Europe Edges Lower And Gold Clocks New High At $2,630 – Global Markets Overview
This week's hot US stocks | Chinese concept stocks surge! Li Auto Inc and jd.com lead the way; with the Federal Reserve interest rate cut implemented, the financial crediting sector benefits and rises.
usa's used car dealer Carvana has risen for four consecutive days this week, with a cumulative increase of over 20%, also setting a new high for the year, with a total increase of 222.5% this year.
Daily option tracking | The 'Seven Sisters' party! Tesla, Nvidia, and other call options prices skyrocket, with the highest profit exceeding 9 times.
Apple rose nearly 4% in the previous trading day, the put/call ratio slightly increased to 0.8, options volume slightly increased to 1.475 million contracts; On the options chain, the sentiment between bulls and bears is intense, with the highest volume being calls with a strike price of $230 expiring today, with 0.105 million contracts.
Top strategist: Will the economic data make Powell breathe a sigh of relief and bring about a "rebirth" in the market?
Yardeni Research's Chief Market Strategist stated that in fact, the US manufacturing sector has been improving on its own, and the unemployment data is the best since before the summer. The Federal Reserve does not appear to be falling behind the situation.
Can the Federal Reserve complete its mission? The next six months are crucial for investors!
The BofA Global team believes that this round of Fed easing cycle has no direct correlation with any recent ones, and is not even the 'soft landing' scenario in 1995 that investors and the Fed hope to replicate.
Ping An Insurance's Xie Yonglin: Insurance capital is a prerequisite for becoming patient capital, and industry reform and innovation are still needed to enhance the long-term investment quality and effectiveness.
In Xie Yonglin's view, "long cycle", "high stability" and "large scale" are the three important characteristics of insurance funds, which also constitute the prerequisites for patient capital. Compared with other patient capital, the actual use of insurance funds also faces three major challenges.
Has the Fed's interest rate cut come too late? "Bond King" Gundlach: The US economy may already be in a recession.
Although the US stock market is delighted by the significant interest rate cut by the Federal Reserve, "bond king" Jeff Gundlach still believes that the Fed's interest rate cut came too late; Gundlach believes that the continuously increasing number of unemployed in the United States indicates that the US economy has entered a recession.
Did you really think there was only one dissenting vote? There may be far more Federal Reserve officials opposed to a large interest rate cut than you imagine.
① The Federal Reserve launched this round of easing cycle with a bold 50 basis point rate cut on Wednesday; ② From their forecasts on the dot plot interest rate path, this move may have only received strong support from a slim majority of the 19 Fed policymakers.
People's Bank of China Unexpectedly Holds LPR Rates Steady in September
Another "Triple Witching Day" for US stocks! After the interest rate cut frenzy, Wall Street faces a $5.1 trillion test.
The market is at a critical moment of pricing, coinciding with the "Triple Witching" of the U.S. stock market!
Midday Recap | Hong Kong stocks continue to surge! The Hang Seng Index is up more than 2%; network technology and automotive stocks are performing well, with xpeng rising by about 10% and alibaba reaching a new high in over a year.
Most network technology stocks rose, with SenseTime leading the gains with a more than 6% increase, Bilibili up nearly 4%, Alibaba up more than 3%, Meituan up nearly 3%, Netease and JD.com up more than 1%, and Tencent up nearly 1%.
Futu Morning Post | US Stock Carnival! Yellen praised the interest rate cut as injecting a “positive sign” into the US economy; Chinese securities have exploded! The general index surged by more than 4%
Yellen praised the interest rate cut as a "positive sign" for the US economy, emphasizing that the primary task is to ensure that the job market "remains strong"; Summers, the former US Treasury Secretary and whistleblower on high inflation, said that the future interest rate cut is expected to be less than the Federal Reserve's forecast.
Top 20 turnover | Tesla soared over 7%, with a high target of $310 from Morgan Stanley; Bitcoin rose above $0.062 million, and the holding stock MicroStrategy surged over 9%
On Thursday, Nvidia, ranked first in trading volume in the U.S. stock market, rose by 3.97%, with a trading volume of $34.744 billion. Tesla, ranked second, rose by 7.36%, with a trading volume of $24.69 billion. Apple, ranked third, rose by 3.71%, with a trading volume of $15.249 billion. MicroStrategy, ranked twelfth, rose by 9.04%, with a trading volume of $2.917 billion.
The Federal Reserve's first rate cut in four years, with Bank of America predicting a further 75 basis point cut before the end of the year.
Bank of America Global Research Company said on Wednesday (September 18th) that it is expected that the Federal Reserve will cut interest rates by 75 basis points for the remaining time this year, which is higher than previously estimated. Bank of America also pointed out that the Federal Reserve may further reduce interest rates by 125 basis points by 2025. On the same day, Goldman Sachs predicted that the Federal Reserve would cut interest rates by 25 basis points multiple times until mid-2025.
US stock market preview | All three major futures indexes rose, Nasdaq futures rose more than 2%; technology stocks and Chinese concept stocks rose collectively before the market, Alibaba rose more than 4%, Nvidia and Tesla rose more than 3%
Bitcoin surpassed $63,000 today, with pre-market gains in crypto-related stocks. MSTR and MARA rose over 5%; Tesla rose nearly 3% pre-market, with Robotaxi set to debut soon, and bullish views from Wall Street institutions.
US stocks mining | The Federal Reserve cuts interest rates more than expected! Multiple real estate-related stocks reach new highs for the year; Accelerate the acquisition plan, US private equity giant KKR rises more than 9% in five days
Soft landing expected to ignite! ai optical communication company Coherent rose nearly 4% on the previous trading day, with a cumulative increase of nearly 90% within the year; ai cloud computing service platform servicenow hit another historical high intraday, with a total annual increase of over 26%.
The European Union car market is clouded: new car sales in August hit a three-year low, with EV sales down 43% year-on-year.
1. The new car sales volume in the European Union in August fell by a staggering 18.3% year-on-year, dropping to the lowest level in three years; 2. The European Automobile Manufacturers' Association stated that the sales of full electric vehicles in the European Union in August decreased by 43.9% year-on-year, marking the fourth consecutive month of decline.