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.
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 | Li Auto Slips 2.8%, JD.com Falls 2.1%, NIO Down 9%, Xpeng Down 9.6%
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
In June, China's e-commerce logistics index was 114.8 points, an increase of 0.9 points.
The China e-commerce logistics index for June 2024, jointly released by China Federation of Logistics & Purchasing and JD.com, was 114.8 points, with an expanded increase of 0.9 points.
Amazon's Low-Price Channel to Have Limited Impact on Temu Near Term -- Market Talk
0333 GMT - Amazon's planned rollout of a sales platform for cheap Chinese goods is unlikely to have a big impact on PDD's bargain shopping app Temu in the near term, Jefferies analysts say. Citing an
US stocks closing | S&P, Nasdaq hit new highs again! Tesla rose nearly 35% in seven days, and Nvidia rose more than 4.5% overnight.
S&P has reached a new high for two consecutive days, NASDAQ has reached a new high for three consecutive days, and Dow's intraday decline has significantly narrowed. Google, Apple, Microsoft, Taiwan Semiconductor in the US stock market have all reached new highs. Tesla has risen by 35% in seven days, and the chip stock index has risen by nearly 2%.
PDD HOLDINGS INC. ANNOUNCEMENT: If You Have Suffered Losses in PDD Holdings Inc. F/k/a Pinduoduo Inc. (NASDAQ: PDD), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of PDD Holdings Inc. f/k/a Pinduoduo Inc. (NASDAQ:PDD) resulting from allegations that PDD may have issued materially misleading business information to the investing public.
PDD Holdings Options Spot-On: On July 3rd, 69,887 Contracts Were Traded, With 1.29 Million Open Interest
On July 3rd ET, $PDD Holdings(PDD.US)$ had active options trading, with a total trading volume of 69,887 options for the day, of which put options accounted for 30.81% of the total transactions, and c
Unusual Options Activity: AAL, RIVN and Others Attract Market Bets, AAL V/OI Ratio Reaches 170.7
EST Jul 3rd Afternoon Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends
Express News | Ishares China Large Cap ETF up 1.5%, Kraneshares CSI China Internet ETF Gains 2.5%