No Data
Has the pullback in the US stock market ended? Deutsche Bank raised its target price for the s&p 500: three major bullish factors support the US stock market to reach new highs.
Deutsche Bank has raised its year-end target for the S&P 500 index from 5500 points to 5750 points, citing increased stock buybacks, strong corporate earnings, and strong inflow of funds driven by strong risk preferences. According to Deutsche Bank analysts, the recent two-month period of volatile pullback in the US stock market is now basically over, and the US stock market will continue to rise in the future.
This week's bull stock in the US stock market | AI concept stocks rebounded strongly, helping the S&P and Nasdaq to rise for four consecutive days! Nvidia surged nearly 16% in four days, while Broadcom rose more than 20%.
This week, the US stock market quickly rebounded, with the S&P 500 and the Nasdaq rising for 4 consecutive days, led by Nvidia, the AI concept stock. Among them, the Dow Jones Industrial Average rose 1.86%, the S&P 500 Index rose 3.46%, and the Nasdaq, which is dominated by technology stocks, performed the best, soaring 5.27%.
Daily futures tracking | Chip stocks have rebounded over the past few days, Nvidia and Broadcom single trading are active; gold and silver spot has soared, and related ETF bullish options have earned nearly 20 times overnight
Are bears sniping at Intel? The bearish ratio rose to 72%, and put trading volume increased dramatically; Broadcom rose by 3.97% to lead the rise in star technology stocks, and earned 6 times the profit from a single call due in October.
The former Fed 'three-headed monster' said: it is still necessary to cut interest rates by 50 basis points next week!
①Former New York Fed Chairman Dudley said that there is still a possibility of a 50 basis point rate cut at next week's Fed interest rate meeting; ②He said, "I think it makes sense to lower rates by 50 basis points, whether they like it or not."
Small cap stocks are picking up! The e-mini Russell 2000 index rose 4% in Q3, outperforming the S&P 500 index.
Even though small cap stocks in the US were hit harder than large cap stocks in September, they still outperformed the S&P 500 index in the third quarter.
Morning Bid: Super-sized Fed Cut Climbs Back on the Table