Russell 2000 soared nearly 6% yesterday! With the "Trump trade" and rate cut cycle, are small cap stocks expected to continue rising?
Vincent Juvyns, Global Market Strategist at JPMorgan Asset Management, stated that the tax reduction measures in Trump's plan may benefit a wide range of industries and companies more focused on the U.S. domestic market; while the fiscal measures in Trump's plan may boost the performance of small and medium-sized companies that have underperformed in recent years.
US Stock Market Outlook | The US election dust settles! Global investors turn their attention to Powell; Initial jobless claims data released, narrowing gains in the three major index futures.
Xpeng's pre-market rise by nearly 6%, P7+ launched today, pre-sales orders hit a record high; Goldman Sachs: reiterates 'buy' rating for Nvidia, expects positive earnings revisions to boost stock price.
The dust has settled on the election! How will the US stock market perform after each election? What other heavyweight schedules are worth paying attention to?
Apart from the Federal Reserve, China Merchants Securities also mentioned that the next 1-2 months are crucial periods to observe the impact of Trump's new policies.
The Nasdaq rose by 1.5%, breaking through the s&p 500 index, with Tesla rising nearly 3% again.
The Federal Reserve announced another quarter-point rate cut as expected, indicating that risks are roughly balanced. The s&p 500 index and Nasdaq continued their upward momentum on Thursday to set new historical closing highs, with Nasdaq closing up 285 points or 1.5% at 19,269 points, and the s&p 500 index closing up 44 points or 0.7% at 5,973 points. The Dow Jones trend fluctuated, closing nearly flat at 43,729 points. Technology stocks performed well, with Nvidia (NVDA.US), Apple (AAPL.US), and Alphabet (GOOG.US) all rising by over 2%, Amazon (AMZN.US) up 1.5%, Meta(
Express News | Powell: The pace and goals of monetary policy may change.
Express News | Powell: As we approach the neutral interest rate, it may be necessary to slow down the pace of interest rate cuts.
Express News | Federal Reserve Chairman Powell: The omission of changes in confidence wording in the statement does not imply any hint of inflation stickiness.
Express News | Powell: The election issue will not affect the FOMC's policy in the short term.
Express News | Federal Reserve Chairman Powell: High inflation has greatly eased, inflation will continue to decline to 2%, maintain confidence.
Full text of the Federal Reserve statement: a 25 basis point rate cut, no dissenting votes.
The Federal Reserve cut interest rates by 25 basis points as scheduled, with the policy statement wording remaining basically unchanged. There was no clear signal issued regarding future rate cuts, but the expression of confidence in reaching the inflation target was removed.
Express News | "Fed Whisperer" Nick Timiraos: The Fed cut interest rates by 25 basis points as expected. This decision was unanimously approved. There were minimal changes in the Federal Open Market Committee's statement.
Express News | Federal Reserve FOMC statement: Maintaining the size of the balance sheet unchanged, discount rate lowered from 5.00% to 4.75%.
Express News | The Federal Reserve cut interest rates by 25 basis points.
Express News | Prior to the FOMC statement: The probability of the Fed cutting interest rates by 25 basis points tonight is 99%.
Express News | What are the key points of the Federal Reserve interest rate decision?
US stock market early trading | Nasdaq rose nearly 1%, nvidia rose over 1% to hit a new high! Growth tech stocks, Chinese concept stocks rose across the board, xpeng surged over 12%
The three major stock indexes in the U.S. rose and fell unevenly, with the Dow and Nasdaq hitting historical highs at the beginning of the session. As of the time of writing, the Dow fell 0.05%, the Nasdaq rose nearly 1%, and the s&p 500 index rose 0.43%.
Stock Market Today: Dow, S&P 500, Nasdaq Edge Higher With Trump Election Win, Fed in Focus
Federal Reserve interest rate decision is coming tonight! Several major banks are expected to cut interest rates by 25 basis points.
The Federal Reserve is about to announce the November interest rate decision, here are the expectations of 12 investment banks.
Investment bank: The bull market in the US stock market has just begun.
November 7th by Gelunhui | Evercore ISI strategists said that the US stock market's upward trend is far from over. They believe that Donald Trump's plan to cut bureaucratic red tape will drive the S&P 500 index to rise another 11% by the middle of next year.
Last week, initial jobless claims in the USA rose slightly, with the market focusing on the Federal Reserve interest rate meeting.
Last week, the initial jobless claims in the USA increased slightly, but still remained close to the pre-pandemic average level.