s&p 500 hit 6000 points, achieving a new record high in the stock market!
The Fed's rate cut opens a new cycle, with the s&p 500 index hitting a new record driven by strong profit expectations. Analysts expect it to reach 6000 points in 2024.
Is the stock market party in the United States far from over? The Fed's interest rate cut cycle may usher in a "melt-up" scenario.
A Wall Street veteran compares the impact of the Fed's loose policies to the late 1990s internet bubble era, warning that rapid easing could lead to a stock market melt-up - where the stock market surges into a bubble, and cautions that rapid easing may cause economic overheating.
US stocks are far from peaking! O'Brien: s&p 500 may rise to 7000 points by the end of next year.
①Ohmae Akimoto stated that the bull market in US stocks will continue until 2025, possibly rising to 7000 points; ②The company emphasized the strong market breadth and healthy signs across various industries.
Goldman Sachs top traders: The US stock market is still in a bull market, but the margin for error is quite small, and the risk/return is not very attractive.
"Capital flows will be the main factor determining market direction. The strategy of buying into the market significantly during the past two years when it has not yet pulled back remains effective. Bullish on the US consumer non-essential sector outperforming the large cap, and believes that technology stocks will regain structural advantage over bonds and defensive stocks."
Countdown to the US presidential election! Bank of America predicts in advance: the US stock market may have major movements in the coming days.
1. Bank of America draws the implied daily trend of the S&P 500 index from now until one day after the election based on the option prices, thereby deducing several important trading days for the US stocks in the next six weeks; 2. On November 6th, the day after the election on November 5th, is usually the time when the preliminary election results are mostly released, and it is also the most important day for the US stock market. At that time, the election results will have a huge impact on the US stock market.
Pennsylvania Governor Josh Shapiro Urges Quick Connect For Microsoft's Nuclear Power Plan Involving Three Mile Island
S&P 500 index hits a new high again! Institutions: Breaking through 6000 points is just around the corner.
According to the latest analysis from DataTrek Research, the US stock market may experience "earnings momentum" in the next year.
Futu Morning Post | Federal Reserve officials speak intensively! Opening the door to another significant interest rate cut; Wall Street strategists: Fed rate cuts increase the possibility of a stock market 'melt-up'.
USA's September business activities stabilized, with rising price pressure; spot gold refreshed historical highs above $2630 on Monday; Tesla surged nearly 5% intraday, hitting a two-month high! Barclays: China market may drive deliveries beyond expectations.
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.
Fed officials hint at future actions: the labor market has not yet 'flashed a red light', an additional 50 basis points cut expected this year, multiple rate cuts in the next year.
Bostonic expressed that the Federal Reserve has made "significant progress" in fighting inflation, while risks in the labor market have increased, but the "red light" has not been lit up yet.
Express News | The probability of the Fed cutting interest rates by 25 basis points in November is 45.2%.
How Fed Rate Cuts Could Impact M&A Activity
Amazon-backed Anthropic in Talks to Raise Money at $40B Valuation: Report
The Fed Isn't Following Its Own Communications Policy: Economist
IVV ETF Gains 0.3%
U.S. Stocks Rise Slightly Ahead of Economic Data -- Market Talk
Senate HELP Committee Hearing Could Get Heated as Novo Nordisk CEO Testifies
Overweight Quality Stocks With Positive EPS Revision - MS
Express News | Wall Street strategist Yardeni: The Fed's rate cut has increased the possibility of a 'melt-up' in the stock market.
Minecraft Players Bring New York City To Life: Check Out Stunning Images Of Digital Replica