The first decline in September, US stocks have risen by 5% this year... Powell's second day of bravery on Capitol Hill! The survey shows how the market will go from here.

Federal Reserve Chairman Powell entered the second day of "braving" Capitol Hill.

Zhitong Finance17minutes ago

Has the reason for the US economy's resilience under high interest rates been found?

A new report from the Dallas Federal Reserve found that this trend has boosted the US economy, but has hardly pushed inflation ...

Golden10 Data56minutes ago

US Stock Market Preview | Three major futures prices rose before trading! Powell returns to Capitol Hill tonight; JPMorgan warns: market turmoil is coming on Thursday.

Growth tech stocks rose across the board before the market opened, with Nvidia and Taiwan Semiconductor rising by about 2%; Bitcoin exceeded $59,000 per coin intraday, and digital currency concept stocks rose across the board; Competition is fierce! Tesla's market share in the United States fell below 50% for the first time.

Futu News20:16

UBS Group's Annual Wealth Inventory Report: $83 trillion will be transferred through inheritance over the next 25 years.

In dollar terms, the global wealth total increased by 4.2% in 2023, completely offsetting the impact of wealth reduction in 2022; The perception of wealth growth varies around the world, but the overall trend is that the growth rate is starting to slow down; Inheritance of wealth among the wealthy has become a hot topic this year.

cls.cn20:09

Be prepared for intense fluctuations! Bloomberg: What does the duel between Biden and Trump mean for the US stock market?

In the USA, investors are working hard to deal with uncertainties related to inflation, interest rates, and geopolitics, and they are preparing for the volatility that may come with the November presidential election. Election years are usually good for the US stock market. Since 1960, the S&P 500 index has risen in almost every election year. The exceptions were 2000 and 2008, which were affected by the bursting of the Internet bubble and the financial crisis, respectively. The records of recent elections even look better. In the three election years since 2008 (2012, 2016, 2020), the benchmark index has risen by at least 10%.

FX16819:58

U.S. Stock Market Preview: The three equity index futures show mixed gains and losses. Powell heads to Capitol Hill again.

On July 10th (Wednesday) pre-market trading, U.S. equity index futures are mixed.

Zhitong Finance19:42