U.S. stocks closed | S&P, Dow hit new highs again; the China concept index soared over 9% to a two-year high, jd.com surged 14%, pdd holdings rose over 11%.
Unexpectedly sharp drop in US consumer confidence caused a decline in US bond yields and the US dollar, with US stocks initially turning lower followed by a sharp rise. Nvidia rose by about 4%, China concept stocks index surged over 9% to a four-month high and the largest increase in about two years, Bilibili rose by 17%, JD.com rose by nearly 14%, Pinduoduo, Xpeng, Nio, and Li Auto all rose by over 11%. Industrial giant Caterpillar hit a new high, European and American mining, casino, automotive, and luxury goods stocks rose, offshore renminbi rose nearly 600 points from the daily low to touch 7.01 yuan during the session.
Broadcom Options Spot-On: On September 24th, 227.14K Contracts Were Traded, With 2.2 Million Open Interest
On September 24th ET, $Broadcom(AVGO.US)$ had active options trading, with a total trading volume of 227.14K options for the day, of which put options accounted for 31.39% of the total transactions,
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US stocks closed | The three major indexes rose together, with the Dow and S&P hitting new highs again, Tesla surged nearly 5%, Intel rose over 3%; Miniso fell more than 16%.
US manufacturing PMI hits 15-month low, but service prices increase, with several Federal Reserve officials sending mixed signals but all confirming further rate cuts. US stocks rose across the board except for small caps, with Chinese concept stocks index briefly up 2.5% and nvidia closing higher after a 1% drop, while intel and li auto inc rose by about 3%. Poor economic situation in Europe boosts expectations of rate cut by the ECB, as the yield curve of German bonds no longer inverted. Offshore yuan plunges by 230 points to briefly breach 7.06 yuan, oil prices drop by 2% before trimming losses by half.
Broadcom Insider Sold Shares Worth $4,240,505, According to a Recent SEC Filing
Broadcom Options Spot-On: On September 23rd, 163.34K Contracts Were Traded, With 2.57 Million Open Interest
On September 23rd ET, $Broadcom(AVGO.US)$ had active options trading, with a total trading volume of 163.34K options for the day, of which put options accounted for 38.31% of the total transactions,
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US stocks early trading | Three major indexes rise together, tesla up nearly 4%, Meta continues to hit a record high, miniso drops nearly 15%
View the latest market quotes on the evening of the 23rd, Beijing time, the US stock market opened higher on Monday, with the Dow expected to hit another historic high. The market's optimistic sentiment sparked by the significant rate cut by the Federal Reserve continues to drive up stock indices. The market is paying attention to speeches by several Federal Reserve officials today. Minneapolis Fed President Kashkari hinted at supporting another 50 basis point rate cut this year. Last week, the Federal Reserve decided to make a significant 50 basis point rate cut, the first rate cut in four years, signaling a shift from a defensive stance against inflation to boosting the job market with an aggressive approach. The dot plot last week also showed that Fed officials predict a median of another 50 basis point rate cut at the remaining two meetings this year.
Broadcom Delivers Industry Leading 200G/lane DSP for Gen AI Infrastructure
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Express News | A picture explains the highest market cap of the top 24 companies globally. How much have they multiplied in the past decade?
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Daiwa believes that the AI bubble is about to burst, and expresses concerns about the prospects of south korean memory chip manufacturers SK Hynix and Samsung Electronics.
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Broadcom (AVGO.US) has made an acquisition offer to Intel (INTC.US) without evaluation.
Sources revealed that Broadcom is currently not evaluating a takeover bid for Intel.
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