JP Morgan's investment strategy for the US election: Avoid small-cap stocks and cyclical stocks, focus on high-quality stocks.

Morgan Stanley believes that if the Republican Party wins, there may be a negative impact on economic growth due to immigration reform and tariff issues. Considering inflation and fiscal sustainability, these dynamics may pose headwinds to the market's low-quality, cyclical sectors, and small-cap stocks.

wallstreetcn54minutes ago

Express News | Goldman Sachs: The survey results of workers from the US households show that the unemployment rate is about 0.1-0.2 percentage points higher than that announced by the US Department of Labor. However, this is not necessarily a "worrying (labor market) de

Breakings07:48

Express News | The probability of the Fed maintaining the interest rate unchanged in August is 91.2%.

Breakings07:47

Fed's top three officials defended themselves against criticism that they were slow to react to inflation, saying that they performed well in completing their task.

For a long time, many economists have believed that the Federal Reserve's response to the inflation surge during the COVID-19 pandemic was too slow. However, in a recent speech, New York Fed President Williams defended the policymakers' decisions, stating that they were working in an atmosphere of great uncertainty and successfully addressed the extreme downside risks to the economy and financial market.

cls.cn07:11

Top 20 transaction volume | Apple's May shipment in China increased by over 40%, and the stock price rose nearly 3%, hitting a historic high; Tesla rose by more than 6%, hitting a new high of more than five months.

On Monday, Nvidia, the top traded stock with a turnover of $34.906 billion, rose by 0.62%; Tesla, the second traded stock with a turnover of $28.341 billion, rose by 6.05%; and Apple, the third traded stock with a turnover of $13.011 billion, rose by 2.91%.

環球市場播報07:04

US stock market closed | Nasdaq hit another record high! Tesla rose more than 6%, while Nvidia fell more than 3.5% before bouncing back.

After rising by 1.6%, the China concept index saw its gains halved, with NIO Inc and Li Auto Inc rising by about 6.7%, and Xpeng rising by over 5%.

wallstreetcn06:59