U.S. stocks hit a new high again! Wall Street's highest target: s&p 500 is expected to soar to 6100 points by the end of the year.
S&P, Dow both hit record highs, Wall Street traders bet that the Federal Reserve will achieve a soft landing, and the crazy rise of US stocks is far from over.
Will the volatility come back? Goldman Sachs expects increased risk and recommends buying VIX call options.
According to Goldman Sachs' model estimation, based on the current macro environment, the VIX level should be 24.5, significantly higher than the current level; and over the past 30 years, the VIX has averaged a 6% increase from September to October each year; the US stock market also faces macro/macro catalysts such as the election, Fed meeting, and October earnings season.
US stocks close | Nasdaq rose 2.5%, Dow Jones, S&P hit record highs; chip stocks, Chinese concept stocks shine, Tesla rose more than 7%, Nvidia rose nearly 4%
The US unemployment benefits data strengthens expectations of an economic soft landing, with the Dow Jones breaking the 0.042 million point mark for the first time and the S&P closing above 5700 points for the first time. The Nasdaq rose 3% at one point, the chip index rose 5.7% at one point, the bank index rose nearly 3%, and the Chinese concept index rose over 4%.
The smaller the plate, the more fierce the rise? Rate cuts plus a soft landing, the Russell 2000 has risen for six consecutive days and may become the 'big winner'!
After the Federal Reserve announced a 50 basis point rate cut, the three major US stock indexes all straight up but ended with losses; the small cap representative e-mini Russell 2000 index also straight up, with greater elasticity, and ultimately closed flat; 'aggressive rate cuts' meets 'strong economy/soft landing', small caps are considered to benefit more from loose mmf policies.
Why did the US stock market rebound on Thursday? The hope of a soft landing, the trading characteristics of Powell, and the catalyst of zero-date options.
Unemployment data strengthens confidence in a soft landing; the market's immediate trend after the Federal Reserve announces interest rate cuts is often unstable and irrational; since Powell took office, the stock market usually declines in the last hour of Federal Reserve decision days; market maker funds flow analysis shows that on Thursday, the S&P was supported at 5700 points, driven mainly by zero-date options 0DTE positions.
"Re-calibration" rate cut sparks frenzy in US stocks, with the Dow Jones Industrial Average breaking through the 42,000-point milestone for the first time.
The US stock market is strong and rising.
The S&P 500 index and Dow Jones Industrial Average hit new closing highs, while the Nasdaq rose 440 points, with Tesla surging 7%.
Following the Federal Reserve's large interest rate cut of half a cent, the US stock market opened higher on Thursday. The S&P 500 index and the Dow both rose over 1% throughout the day, reaching new closing highs. The Nasdaq surged even more by 2.5%. The S&P 500 index closed up by 95 points or 1.7%, at 5,713 points; the Dow closed higher by 522 points or 1.3%, at 42,025 points; the Nasdaq closed higher by 440 points or 2.5%, at 18,013 points. Large technology stocks led the gains, with Tesla (TSLA.US) surging 7.4% for the day, Salesforce (CRM.US) rising by 5.4%, and Apple (AAPL.US) increasing by 3%.
S&P 500 Index Touches New Intraday Record High at 5,725.74 as Fed Kicks Off Easing With Big Rate Cut
After correctly predicting the magnitude of the interest rate cut in September, Morgan Stanley predicts that the next round of significant easing will depend on the job market.
jpmorgan economists, the wall street giant, correctly predicted the 50 basis point rate cut by the federal reserve on wednesday. They stated that another significant rate cut will depend on the weakening of the labor market in the usa.
The Federal Reserve's first rate cut in four years, with Bank of America predicting a further 75 basis point cut before the end of the year.
Bank of America Global Research Company said on Wednesday (September 18th) that it is expected that the Federal Reserve will cut interest rates by 75 basis points for the remaining time this year, which is higher than previously estimated. Bank of America also pointed out that the Federal Reserve may further reduce interest rates by 125 basis points by 2025. On the same day, Goldman Sachs predicted that the Federal Reserve would cut interest rates by 25 basis points multiple times until mid-2025.
Is the Federal Reserve starting an interest rate cut cycle on the cusp of a wave, possibly revealing the outcome of the election in advance?
Taking history as a lesson, in an election year with declining interest rates, the probability of the incumbent president or challenger winning is greater.
Wall Street is in an uproar! After the bold move by the Federal Reserve, where will it go from here?
JPMorgan predicts that the Federal Reserve will cut interest rates by 50 basis points in November, but it depends on the weakness of the US labor market. Bank of America believes that there will be another 75 basis points cut before the end of the year. Goldman Sachs and HSBC, on the other hand, expect a 25 basis points rate cut in each of the next six monetary policy meetings.
Express News | Jefferies Financial Group: Initial jobless claims hit a 5-month low, indicating a stable business environment.
US stocks pre-market: NASDAQ up more than 2%, S&P 500 index, Dow Jones hit new record highs again; growth tech stocks collectively rise, nvidia, tesla up about 5%.
The Federal Reserve has initiated the long-awaited interest rate cut cycle, announcing a 50 basis point cut. This move will protect the world's largest economy from economic recession, causing a wave of risk appetite in global financial markets on Thursday, driving the stock market, US dollar, gold, and oil prices to rise simultaneously.
"Textbook-style" soft landing coming? Powell may recreate the bull market of 1995.
The strategist said that for the economy and the market, a scenario similar to 1995 is now starting to play out.
Express News | Bank of America: Fed cuts interest rates by 50 basis points bullish for investment-grade credit
S&P 500 index hits another all-time high. Industry insiders: the index can continue to rise until the USA election.
September 19th, Guolonghui | The S&P 500 index opened at a record high, and the substantial interest rate cut by the Federal Reserve has strengthened confidence in the central bank's maintenance of the expansion of the U.S. economy. The S&P 500 index rose 1.7% at the opening in New York, hitting a new intraday high of 5,713.02 points. The ratio of rising stocks to falling stocks exceeded 8:1. The nasdaq 100 index, dominated by technology stocks, rose 2.3%, while the Dow Jones Industrial Average rose 1.4%. "As the market digests the substantial interest rate cut by the Federal Reserve, the stock market explosively rose," said Adam, founder of Vital Knowledge.
Express News | The s&p 500 index has reached a new intraday all-time high.
Express News | US stocks opened higher, with the Nasdaq rising more than 2%, and Nvidia rising more than 3%.
5.1 trillion US dollars of options will expire! The "Triple Witching Hour" of US stocks will hit tomorrow night, what impact will it have on the market?
According to derivative analysis company Asym 500 estimates, approximately $5.1 trillion of index, stocks, and ETF options will expire on Friday.