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Pre-market: Dow futures fell 0.02% before casino concept stocks fell collectively.
Us stock index futures were mixed before trading on Wednesday as investors were still digesting US August CPI data as Delta mutants raised concerns about economic recovery. As of press time, Dow futures are down 0.02%, S & P 500 futures are up 0.1%, and Nasdaq futures are up 0.2%. The FTSE 100th index in the UK fell 0.5 per cent, Germany's DAX index fell 0.1 per cent and France's CAC-40 index fell 0.8 per cent. The dollar index fell, falling as low as 92.43, while G10 currencies such as euro and sterling rebounded higher. Spot gold remains above the 1800 mark. Britain announced that
Closing: Dow closed slightly lower, NASDAQ closed 0.9% higher
In the early morning of the 31st Beijing time, US stocks closed Monday with mixed ups and downs. The Dow closed slightly lower, and the general rise in technology stocks pushed the NASDAQ up 0.9%. The market is still digesting the Federal Reserve Chairman's remarks last Friday about not being in a hurry to raise interest rates. Investors are paying close attention to various economic data such as the August non-farm employment report to be released this week. The Dow fell 55.96 points, or 0.16%, to 35399.84 points; the NASDAQ rose 136.39 points, or 0.90%, to 15265.89 points; and the S&P 500 rose 19.42 points, or 0.43%, to 4528.79 points. The highest NASDAQ rose to 1 on Monday
JPMorgan Chase & Co: the Federal Reserve will still "flood" the market with about $1 trillion during the contraction period.
Strategists at JPMorgan Chase & Co believe the Fed will still inject about $1,000bn of liquidity into the market during the period when it begins to scale back until the end of its programme to buy $120 billion of bonds a month. JPMorgan Chase & Co strategists Teresa Ho and Alex Roever wrote in a report released on Sunday that this is a conclusion based on the assumption that the Fed announced in December that it would begin to scale back and end its bond purchases by August next year, reiterating their similar views on Aug. 6. Investors will keep a close eye on Wachovia as this week's Jackson Hole global central bank annual meeting opens at the Kansas City Fed.
Wall Street analysts are optimistic about the growth potential of Robinhood users, but the craze for retail trading is still being questioned.
According to reports, Wall Street analysts are generally optimistic about the future of online brokerage Robinhood because they are optimistic about the company's user growth potential, although the company warned a few days ago that retail trading frenzy on its platform would abate. Of the six brokerages that participated in Robinhood's initial public offering, three rated the stock as "buy" and two rated it as "hold." JPMorgan Chase & Co is the only securities firm that rated the stock as "underweight". It believes that Robinhood is in the process of supervision and regulation.
New debtor Gang Rak: If the US economy continues to do this, it will be a matter of time before it is surpassed by China
Jeffrey Gunlach, CEO of Double Tier Capital and known as the “New Debt King,” said in an interview on Monday that the way the US currently runs its economy doesn't seem to care whether the US dollar will lose its position as a global reserve currency. If the US economy continues to operate in this way, it will be a matter of time before China overtakes it. Gunlak reiterated his long-held view that the dollar will depreciate further against other currencies in the next few years, and blamed the current situation on America's current economic policies. “The way our economy is running now almost makes people think that we have no interest in maintaining our position as a global reserve currency,” he said.
Apple Inc employees set up their own website to expose sexual harassment and discrimination to promote change.
A group of Apple Inc employees set up a website for their colleagues to share their experiences of sexual harassment, discrimination and other unfair treatment at the company. The website, called AppleToo, aims to allow Apple Inc employees to share stories of gender discrimination and racial discrimination, harassment and retaliation, and let the tech giant take more responsibility in the face of a model of "isolation, degradation and gas lamp effect". Translation note: the so-called "gas lamp effect" (gaslighting) refers to the manipulator's attempt to make the other party question his own perception of reality in order to achieve the purpose of psychological manipulation. The word comes from the release in 1944.
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