Express News | Li Auto Down 2.0%, JD.com Down 1.8%, NIO Down 1.5%, Xpeng Down 4.3%
Express News | PDD Holdings Down 1.8%, NetEase Down 1.3%, Baidu Down 0.9%
Express News | Ishares China Large Cap ETF Down 0.6%, Kraneshares CSI China Internet ETF Down 0.9%
Express News | Li Auto Down 1.6%, NIO Down 1.3%, Xpeng Down 3.5%
Express News | PDD Holdings Down 1%, Alibaba and JD.com Fall 1.1% Each
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket After Domestic Stocks Close at Over Four Month Low
Futu Morning Post | Major this week! Powell is about to "brave" Capitol Hill; Eight consecutive rises achieved! Tesla soared more than 27% this week, wiping out the year's decline.
Federal Reserve Monetary Policy Report: Inflation cools down, employment market is similar to pre-pandemic, and US stocks rise faster than profit expectations. News report: Most of Taiwan Semiconductor's customers have agreed to increase outsourcing prices in exchange for reliable supplies. Amazon CEO Bezos cashes out $0.3331 billion in stocks.
U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.
In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.
U.S. stocks closed higher as non-farm payroll report boosted expectations of interest rate cuts. The three major indexes all rose, with the S&P and Nasdaq hitting new highs.
①The three major indices collectively rose, with S&P and Nasdaq hitting a new closing high; ②Most large technology stocks rose, with Meta rising nearly 6%; ③China concept stocks were generally down, with the Nasdaq Golden Dragon Index falling 2%.
US stock pre-market: the three major indices have mixed gains and losses, with large tech stocks generally rising, with Tesla, Apple, Amazon, and Microsoft all up more than 1%; China concept stocks fell across the board, with Xpeng down nearly 10% and NIO
The US stock market opened flat on Friday, and the three major stock indexes in the US will all record gains this week. The number of new non-farm jobs added in June in the United States fell sharply, and the unemployment rate unexpectedly climbed to 4.1%, reinforcing the reason for the Federal Reserve's interest rate cuts.
PDD Holdings Unusual Options Activity
High-rolling investors have positioned themselves bullish on PDD Holdings (NASDAQ:PDD), and it's important for retail traders to take note.\This activity came to our attention today through Benzinga's
Express News | Ishares China Large Cap ETF Down 2%, Kraneshares CSI China Internet ETF Down 2.3%
Express News | PDD Holdings Down 1.5%, NetEase Down 2.8%, Baidu Down 1.7%
Today's Analyst Rating | Microsoft Price Target Raised to $480 by Raymond James, Apple Price Target Raised to $260 by Melius Research
Jul 5, Wall Street analysts have updated their stock ratings today including $Microsoft(MSFT.US)$ and $Apple(AAPL.US)$.
U.S. stock market preview: Heavyweight news! Non-farm data exceeds expectations, and the three major equity index futures jump; Fed "top three": there is still a long way to go to maintain the 2% inflation target.
The US earnings season will kick off next week, putting the US stock market to the test; the increase in US currency supply indicates a reversal of the concentration trend in the US stock market, and mid-small cap stocks may have opportunities; over 1 million chips will be shipped! Nvidia's sales in China are expected to reach $12 billion this year.
Express News | NetEase Down 2.6%, Baidu Down 1.3%
Express News | Li Auto Down 2.1%, Xpeng Down 5.3%
Express News | Alibaba Group Down 1%, JD.com Down 1.9%, PDD Holdings Down 1.4%
Express News | U.S.-Listed Shares of Chinese Companies Fall Premarket as China Stocks Close at 4-1/2 Month Low
PDD Holdings And Two More US Growth Companies With Substantial Insider Ownership