Will the US labor market remain strong? Can Friday's non-farm payrolls bring a 'surprise'?
Market attention is increasingly turning to the labor market. Will non-farm payrolls break the deadlock this week?
Top Morgan Stanley strategist: Only an impact similar to the 'Bear Market' in the US stock market in 2022 can overturn the dominance of technology giants.
Large technology giants have been at the top of the US stock market in recent years, but their level of control has never been as strong as it is now.
Bank of America report: Active funds cool on semiconductor stocks, while Nvidia remains popular.
The relative weight of the semiconductor industry has continued to decline from 1.16 times the level in June 2023 to 0.99 times.
Value stocks are about to rebound! These stocks are about to take off.
With the possibility of an improvement in the economic situation and the growing expectation of a Fed rate cut, these undervalued stocks are about to encounter a good opportunity for rebound.
"Fed Loudspeaker": Powell talks extensively about inflation progress, letting interest rate cuts return to the agenda.
Powell's speech highlighted a cautious optimism, but he refused to reveal whether he is preparing for a rate cut in September, reiterating that a sudden deterioration in employment growth could stimulate faster rate cuts.
Has the market become conservative? Strategist: The Federal Reserve is expected to cut interest rates three times this year!
According to the strategist of Lazard asset management, the rise in unemployment may push inflation and economic cooling, prompting the Fed to cut interest rates more than the market expects.
Could there be hope for a rate cut in July from the Federal Reserve? This week's non-farm payroll report is crucial!
According to the recent report from TSLombard economists, if the unemployment rate rises in June, a rate cut in July may ultimately be triggered.
Amazing turnaround! Trump's Q2 campaign funding has surpassed Biden's, further expanding his chances of winning.
Biden's fundraising in the second quarter of this year was unexpectedly surpassed by Trump, which means that Biden's chances of winning the election this year have decreased by another ten percent.
Powell's 'dovish tone' leads to a drop in US bond yields, with a focus on the minutes of the Federal Reserve meeting tonight.
The stabilization of the bond market that day was largely due to the "dovish tone" emanating from the Federal Reserve. The minutes of the Fed's meeting early Thursday morning are expected to be a major focus going forward.
Will the US employment suddenly deteriorate? On the eve of the non-agricultural employment data, this data is of interest tonight.
Economists predict that the number of initial jobless claims for the week ending June 29 may slightly increase from 233,000 the previous week to 235,000, and this potential upward trend may indicate a cooling job market.
Citigroup: Predicting the S&P 500 index to reach 5600 points by the end of the year, suggesting to increase shareholding in these sectors.
Citi said that there is more upward potential for the S&P 500 index in the second half of the year, and it is focusing on sectors such as real estate and finance.
Futu Morning News | Technology stocks continue to soar! Tesla rose more than 10%, Apple and Amazon hit new highs together; Powell's latest statement: Significant progress in reducing inflation.
Biden will meet with Democratic governors to seek support, and several popular candidates for succession will attend. Tesla delivered 444,000 vehicles in the second quarter, higher than expected in the market. Apple is expected to gain a seat on the OpenAI board of directors as an observer.
Fed officials: Maintaining interest rates will increasingly restrict the economy; if inflation data is satisfactory, they will be confident in cutting rates.
Chicago Fed President Charles Evans said that in the case of continued downward inflation, maintaining current policy interest rates will put greater downward pressure on demand, which will actually have a tightening effect on monetary policy. Since July last year, the Federal Reserve has not adjusted monetary policy, and the federal funds rate target range has been maintained at 5.25% to 5.50%, the highest level in over 20 years.
Top 20 turnover | Tesla surged more than 10%, vehicle deliveries in the second quarter exceed expectations; Nvidia fell more than 1% facing antitrust charges in France.
On Tuesday, Tesla, with a transaction volume of USD 46.445 billion, rose 10.2%, ranking first. Nvidia, with a transaction volume of USD 26.659 billion, fell 1.31%, ranking second. Apple, with a transaction volume of USD 12.72 billion, rose 1.62%, ranking third.
US stocks close | S&P and Nasdaq hit new closing highs, Amazon, Apple, and Microsoft hit new highs again, and Tesla surged more than 10%.
Chinese concept stocks index rebounds and breaks away from its 5-month low, with alibaba, nio inc, li auto inc rising about 2%.
Shares Edge Higher, US Treasury Yields Weaken as Markets Weigh Fed Chair Comments
Global stocks edged higher while US Treasury yields dipped on Tuesday as markets weighed data showing a persistently tight labour market, and prospects of interest rate cuts after comments from Federal Reserve (Fed) Chair Jerome Powell.
Express News | The probability of the Federal Reserve keeping interest rates unchanged in August is 91.7%.
Powell emphasizes progress in inflation, and the S&P 500 index closes above 5,500 points for the first time. Nasdaq hits a new high again.
During a speech at the European Central Bank forum, Federal Reserve Chairman Powell acknowledged progress on inflation, but emphasized that the central bank is not yet ready to lower interest rates. Investors reacted to Powell's remarks and the latest employment report, with the S&P 500 index and the Nasdaq index both closing at historic highs on Tuesday, up 0.6% and 0.8% respectively to 5,509 and 18,028 points. The blue-chip Dow Jones Industrial Average rose 162 points or 0.4% to 39,331. Among the large-cap stocks, Apple (AAPL.US) and Amazon (AMZN.US) rose 1.4%-1.6%, with delivery volumes exceeding expectations.
U.S. Stocks Climb As Powell Sees Progress on Inflation -- Market Talk
U.S. stocks rise after Fed Chair Powell says the U.S. has made "a lot of progress" on inflation and Labor Department data suggested the jobs market is gradually cooling to pre-pandemic norms.
Express News | The three major indexes of the US stock market closed up collectively. The Dow rose 0.41%, the Nasdaq rose 0.84%, and the S&P 500 index rose 0.62%. Most popular technology stocks rose, with Tesla up more than 10%, and Amazon, Google, and Apple up more tha