"Cash is king" is outdated, these assets are more worth buying.
The outlook for cash assets is becoming bleak, and a rate cut by the Federal Reserve will erode the yield of cash assets.
US stock market morning | The three major indexes fell together, with Q3 delivery data falling short of expectations, tesla dropped nearly 6%; Chinese concept stocks continued to rise, china Golden Dragon Index rose by over 4%
usa September ADP employment number exceeded expectations. The escalation of tensions in the Middle East weakened risk appetite, driving up oil prices. The market is paying attention to the impact of the major strike by American dock workers and is waiting for the non-farm employment data on Friday.
USA's ADP employment numbers rebounded higher than expected in September, with the previous value revised upward, while the wage growth rate decreased again.
On the eve of the release of the heavyweight non-farm payroll data, the ADP employment data supported by the "small non-farm" exceeded expectations, showing significant improvement compared to the previous month, indicating that despite some signs of weakness in overall employment in the usa, it generally remains stable.
Slowdown in medical care recruitment impacts the USA labor market, investors focus on Friday's non-farm data.
The slowdown in recruitment in the medical care industry in the USA poses a threat to the overall stability of the labor market.
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday as Investors Exercise Caution Amid Mid-East Tensions
Express News | US September ADP Nonfarm Employment Change +143000 Vs +124000 Forecast, Prior +99000
US stock market outlook | The three major equity index futures all fell, while Chinese concept stocks continued to soar before the market opened! Ke Holdings surged more than 12%, with a threefold increase in long positions in FTSE China ETF soaring 21%.
Goldman Sachs sees global hedge funds pouring into China, with an inflow of $2.4 billion in three days; the Chinese stock market surges, causing short sellers to lose nearly $7 billion, further boosting Chinese concept stocks; Nike withdraws its full-year performance guidance, dropping more than 5% in pre-market trading.
The Federal Reserve faces another dilemma, a major strike may reignite inflation!
Former Cleveland Fed President Mester said that if the strike continues for a long time, it will definitely have an impact on prices.
U.S. Stock Market Prospecting | Is the sky the limit? Chinese concept stocks continued to surge overnight! Ke Holdings soared more than 17% in a single day, while Futu nearly doubled within the year.
In terms of major players hitting record highs in the US stock market, alibaba rose 6.24% to the top of the list, lockheed martin rose 3.64% to second place, and rtx corp rose 2.67& to third place.
The Ensign Announced The Acquisition Of The Real Estate And Operations Of St. Joseph Rehabilitation And Care Center, An 83-bed Skilled Nursing Facility; And Skyview Villa Assisted Living, A 20 Licensed-bed Assisted Living Facility
The first confrontation between the vice presidential candidates of the usa, how did the 'battle' go? Read this article to understand.
On October 1st, USA two vice presidential candidates held the debate as scheduled; Overall, although the two of them were arguing fiercely, their attitudes were still considered "friendly".
Chinese concept stocks experienced a "short squeeze" with short sellers losing nearly $7 billion.
Despite the recent rise in Chinese stocks listed in the US, the short sellers are not eager to close their positions. If the market continues to rise, analysts expect a significant short squeeze to further boost stock prices.
Is the volatility of US stocks intensifying in October? Strategist: Maintain a moderate optimistic attitude and bullish on the public utility sector.
October is usually a strong month for the US stock market, but it is also known for its volatility and occasional market crashes.
Futu Morning Post | The situation in the Middle East has escalated! US oil and gas stocks rose; BlackRock raised Chinese stock ratings, Chinese assets fervent
China increases subsidies for electric vehicles, tesla is expected to achieve its first quarter sales growth this year; New carmaking forces show strong potential: Li Auto sets a new delivery record with 'Zhiling Xia', nio has delivered over 20,000 vehicles for 5 consecutive months.
Iran warns of devastating blow if retaliated against, Israel may carry out major retaliation in the coming hours.
Iran launched the largest-ever missile attack on Israel overnight! Iran warns that any response from Israel will result in a devastating attack, with Prime Minister Netanyahu vowing to make them pay, and the usa is ready to defend Israel.
U.S. stocks closed | the Nasdaq fell by 1.5%, Meta and defense stocks hit new highs, while the Chinese index rose more than 5% against the market trend.
Popular Chinese concept stocks surged, Bilibili rose over 14%, Li Auto Inc rose over 11%; Growth Tech Apple fell by 2.91%, Meta rose by 0.70% to a new high, Microsoft fell by 2.23%, Tesla fell by 1.38%, Nvidia dropped by 3.66%.
Top 20 turnover | Nvidia fell more than 3%, with a turnover exceeding 35 billion US dollars; china concept stocks soared, pdd holdings rose more than 8%.
On Tuesday, Tesla, the world's second largest stock by turnover, fell by 1.38%, trading at 22.256 billion US dollars. According to analysts' estimates, Tesla's global deliveries in the third quarter are expected to be around 0.4639 million vehicles, an increase of about 7% from the same period last year. Apple, ranking third, dropped by 2.91%, trading at 14.29 billion US dollars. Barclays mentioned soft demand for Apple's iPhone 16.
IShares Russell 2000 ETF Options Spot-On: On October 1st, 1.52 Million Contracts Were Traded, With 12.1 Million Open Interest
On October 1st ET, $iShares Russell 2000 ETF(IWM.US)$ had active options trading, with a total trading volume of 1.52 million options for the day, of which put options accounted for 62.57% of the
10 Industrials Stocks With Whale Alerts In Today's Session
Pence vs. Harris! What are the highlights of the upcoming debate for the usa vice presidential candidates?
①USA Democratic vice presidential candidate Walz and Republican vice presidential candidate Vance are about to engage in a head-on confrontation in the only television debate before the election on November 5; ②At 9:00 AM on October 2 (Peking time) 21:00 on October 1st (Eastern time), this debate will be held; ③Political analysts say that this debate may be intense, but usually does not affect the election results.