Will the USA government shut down tomorrow? The short-term spending bill supported by Trump was rejected, with dozens of Republicans voting against it.

The short-term spending bill supported by Trump passed with difficulty, and even within the Republican Party, the opposition was very strong, with 38 Republicans voting against it. If the bill has not passed by 12:01 AM local time on Saturday, the USA government will partially shut down, and hundreds of thousands of federal workers will be forced to take unpaid leave...

wallstreetcn22minutes ago

Will a bloody storm arise again in the US stock market? The largest "Triple Witching Day" in history is coming!

On Friday, Eastern Time, the US stock market will face "Triple Witching Day," with $6.6 trillion in Stocks, ETFs, and Index-related Options about to expire, potentially becoming the largest in history. "Triple Witching Day" coincides with a critical period following the Federal Reserve's "hawkish rate cut" that triggered a sell-off in US stocks, and the USA will release important PCE data, which is expected to cause significant market fluctuations.

cls.cn46minutes ago

This year's largest "Three Witches Day" is coming! Wall Street is facing one wave after another.

This Friday, the size of the Options maturing will reach about 6.5 trillion dollars, which ranks among the highest in history, and it coincides with the Index adjustment again.

Golden10 Data51minutes ago

Futu Morning Post | Risk assets are still sluggish! The Dow ended 10 consecutive declines, and the S&P and NASDAQ fell 3 times in a row; the US House of Representatives failed to pass the expedient spending and debt ceiling bill

The Dow Jones finished slightly higher, ending a 10-day losing streak, while Micron Technology fell over 16%. Intel is reportedly finalizing the shortlist for the next round of bidding for its ALTERA chip Business; Intel is reportedly finalizing the shortlist for the next round of bidding for its ALTERA chip Business.

Futu News08:08

The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.

U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.

wallstreetcn07:26

Is the Trump effect returning? The leading economic Indicators in the USA have turned positive for the first time in nearly three years, no longer indicating that the economy will fall into recession.

Among the factors driving the rise in Indicators, building permits and the stock market are the main positive contributors, while ISM new Orders and the USA Treasury yield curve continue to weigh significantly on the Indicators. With the Indicators turning positive in November, the LEI no longer shows signs of an impending recession in the USA economy.

wallstreetcn07:20