US stocks early market | Non-farm data does not change the rise of US stocks, with all three major indices collectively surging; growth tech stocks erase yesterday's slump, amazon soars 6% approaching historical highs.
Apple fell by 0.54%, profits were dragged down by a hundred billion in back taxes; Intel rose by 5%, fourth quarter revenue and adjusted earnings per share guidance exceeded expectations.
Express News | usa October ISM Manufacturing PMI was 46.5, lower than market expectations.
Viewpoint | The decline in technology stocks in the usa brings buying opportunities.
Recently, the technology sector has shown weakness, but it has not encountered any major troubles.
Express News | Goldman Sachs: Non-farm data indicates that the Federal Reserve will continue its loose cycle next week.
US stock market outlook: Non-farm data cools significantly! Expectations of interest rate cuts increase for the year; Amazon and Intel performance exceed expectations, easing the downward trend of growth tech stocks yesterday.
Apple's iPhone revenue turned around last quarter, but sales in China were lackluster, dropping nearly 2% pre-market; Buffett has continuously increased his shareholding in Sirius XM, raising his stake to 33%.
Express News | usa non-farm payrolls increased by 0.012 million in October, significantly below expectations.
Hawkish signals hinting at a pause in interest rate cuts? Tonight's non-farm data may provide the final clue for the Fed's actions next week.
Strong non-farm data will enhance the market's expectation for the Federal Reserve to possibly pause rate cuts early next year.
Election night trading guide: key time points, key focus points, will there be any delays?
Goldman Sachs recently released a research report stating that the market has overestimated the risks of uncertainty caused by delayed election results. Goldman Sachs indicated that the speed of counting votes in this election may accelerate, and it may not be as close as reflected in the polls. The trading in the financial markets may reflect the election results on the evening of the election day or the next morning, with the key results of the county-level elections becoming the focus of the market. Although there may be some fluctuations in the first few hours of the election night, it will soon return to normal levels.
"Trump trade" and dealing with "Trump trade"
Analysis suggests that, in response to potential tariff shocks, it may be appropriate to adjust the exchange rates of the Renminbi to cope, and it is recommended to avoid some heavy asset enterprises. Potential tariffs may lead to a contraction in external demand, prompting a stronger focus on stimulating domestic demand, potentially elevating consumer to an unprecedented level in financial stimulus.
US stock market early trading | Trump's media technology group triggered another circuit breaker during the session, now down 10%; china concept stocks fall, alibaba, pdd holdings down more than 1%
Meta fell nearly 3%, the metaverse division continued to suffer serious losses in the third quarter, raising the full-year capital expenditure guidance; Estee Lauder narrowed its decline to 18%, the company withdrew its 2025 fiscal year outlook and lowered its dividend.
Core PCE annual rate slightly exceeded expectations in September, but does the Fed's interest rate cut expectations remain unchanged for this year?
USA's core PCE annual rate slightly exceeded expectations, initial jobless claims declined, the market still bets that the Federal Reserve will cut interest rates by 25 basis points in November.
The initial jobless claims in the usa last week were 0.216 million, dropping to the lowest level since May.
Last week, the number of people applying for unemployment benefits in the USA dropped to 0.216 million, the lowest level since May. Southeastern states are recovering from the impact of two hurricanes. Economists predict that Federal Reserve officials may ignore the employment report next week and cut rates by 25 basis points.
US Stock Market Outlook | The US core PCE annual rate in September remained unchanged from the previous month, with the three major futures indexes maintaining a downward trend; Increased competition in AI causing market concerns? microsoft, Meta shares f
Bank of Japan Governor: Will not be affected by political turbulence, will continue to raise interest rates if the economic and price outlook is achieved; Bridgewater Associates founder Dalio: Both US presidential candidates are unsettling.
Express News | US Weekly Initial Jobless Claims 216000 Vs 230000 Forecast, Prior 228000
Express News | US Sep. Core PCE Price Index YoY +2.70% Vs +2.60% Forecast, Prior +2.70%
Daily options update | Bearish 'big gift'! One put option on super micro computer makes a whopping 84 times profit; 'Trump trade' fizzles out? Trump Media Group's put/call ratio is 45%
Pre-earnings trading volume surged! The trading volume of Meta options nearly doubled to 0.6 million contracts compared to the previous trading day, with put options accounting for 60%. On the options chain, there is tension between long and short positions. The highest volume of call options, expiring this Friday with a strike price of $600, was 0.016 million contracts, with an open interest of 7 thousand contracts.
A must-have for stock market investment! Take a sneak peek at the major events in November, all the days that will impact the rise and fall are highlighted.
Looking ahead to November, global financial markets will see a series of key heavyweight events such as non-farm payrolls, the US presidential election, the Federal Reserve interest rate decision, CPI, and the latest earnings reports from technology giants, leading to significant market volatility.
The Fed cut interest rates significantly, why did mortgage loan rates in the USA 'rise instead of fall'?
Analysis believes that, on the one hand, it is due to the surge in implied volatility of USA Treasury options, investors facing the risk of borrowers repaying early need a higher yield as compensation. On the other hand, the Option Adjusted Spread (OAS) of MBS is rising, investors are demanding additional returns to compensate for MBS risks.
Stay put or cut interest rates as planned? Tonight's PCE will add fuel to the direction of next week's Fed decision.
The latest performance of the inflation index favored by the Federal Reserve is about to be released, the US Department of Commerce will release the US September Personal Consumption Expenditure Price Index (PCE) tonight, a key data disclosed before the Fed's interest rate decision next week.
U.S. Treasury Department's Major Quarterly Refinancing Announcement: Maintaining the same long-bond auction size and guidance unchanged.
The US Treasury Department maintains the quarterly auction size of its long-term debt unchanged, with quarterly refinancing set at $125 billion, and reiterates its guidance that there will be no increase in issuance size 'at least in the next few quarters,' all in line with market expectations. However, some strategists warn that this is the Biden administration's final refinancing plan, and the outcome of next week's election may bring changes to US debt management strategies and related personnel.