Surviving the sharp fall in July and August, the familiar Mag 7 is back again?
The stock prices of the seven giant companies in the US have recently performed well, with related ETFs rising 1.7% this week, and even more significantly increasing by about 12% over the past three weeks. Analysis believes that the Mag 7 is still the powerhouse of the US stock market, and in a world full of uncertainties, investing in large companies seems to be a better choice.
US stock market cap surpassed $50 trillion, reaching a new high, future trends need caution: focus on elections, interest rate cuts, and technology stocks
Against the backdrop of controversies surrounding the U.S. presidential election, changes in Federal Reserve policy, and concerns about economic recession, the U.S. stock market continues to show strong growth momentum.
How Nvidia's Monster Rally Broke Your Tech ETF -- WSJ
US stock early market | The three major indices are mixed, with Apple up nearly 2%; Chinese concept stocks continue to soar, Tal Education up nearly 20%, Nio Inc up over 13%
On the evening of the 30th peking time, the US stock market opened slightly lower on Monday. Chinese concept stocks rose across the board. It is expected that the US stock market will record gains in September and the third quarter. JPMorgan is expected to adjust its options position, which may increase market volatility. Federal Reserve Chairman Powell will deliver a speech on Monday.
Nasdaq opened 0.27% lower, nvidia dropped more than 2.2%, while Chinese concept stocks continued to rise.
GrainSight September 30th | The three major stock indexes in the United States opened slightly lower, with the Nasdaq down 0.27%, the S&P 500 down 0.21%, and the Dow down 0.14%. Apple rose more than 1.4%, planning to launch new smart home devices in the spring that can support Apple's AI capabilities. Nvidia fell more than 2.2%, down over 2% last Friday. Huang Renxun stated that he is making every effort to serve Chinese customers and comply with US government export restrictions. Stellantis fell more than 12.8%, with the full-year adjusted profit margin guidance revised from the previous forecast of "double digits" to between 5.5-7.0%. Today's AH stock collection.
Wedbush: Nvidia (NVDA.US) and microsoft (MSFT.US) are leading the AI revolution, ushering the US technology stocks bull market into a new phase.
Nvidia (NVDA.US) and Microsoft (MSFT.US) continue to lead the artificial intelligence (AI) revolution.