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...
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.
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.
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.
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.
U.S. stock market close | The three major Indexes had mixed results, with the Dow ending a 10-day losing streak; Quantum Computing concept stocks corrected, with QUBT and Quantum down about 40%; FedEx surged more than 13% after hours.
① The Dow Jones slightly increased, while the S&P 500 Index and Nasdaq slightly decreased; ② Micron Technology dropped over 16%; ③ Nike rose more than 10% in Post-Market Trading.
Analysts warn: next year, more hawkish voters will increase, and the Fed faces more uncertainty regarding interest rate cuts.
1. Analysts warn that with an increase in hawkish members in the voting committee next year, there is more uncertainty surrounding the Federal Reserve's future interest rate reduction path; 2. A more hawkish policy committee may increase dissent, but it may not necessarily change policy outcomes.
The largest "Triple Witching Day" in history is coming! Options worth 6.6 trillion dollars are about to expire.
This Friday is the "Day of the Three Witches", which is expected to be the largest Options expiration day in history.
Express News | The three major U.S. stock indexes closed mixed, with the Nasdaq declining by 0.1%, the S&P 500 Index down by 0.09%, and the Dow Jones up by 0.04%. Among them, the Dow ended its 10-day losing streak.
BMO S&P 500 Index ETF (CAD) Declares CAD 0.21 Dividend
A new round of the Federal Reserve's narrative of "higher for longer" is making a comeback!
Amid all uncertainties, Powell offered a cautionary word: be cautious.
Has the Federal Reserve pushed the market "off the cliff," signaling that the correction in the U.S. stock market may have already begun?
"The rubber band that has been tense for a long time has finally snapped." As the stock market continues to purge excess liquidity, investors should prepare for more declines.
Express News | The USA stock market is experiencing a strong rebound as traders analyze GDP data and weigh the Federal Reserve's hawkish stance.
U.S. stock market open | The three major Indexes rebounded slightly; Growth Tech stocks generally rose, with NVIDIA climbing over 2%, and Accenture increasing nearly 7% after earnings.
The Federal Reserve lowered interest rates as expected but simultaneously showed a hawkish stance, causing the Dow Jones Industrial Average to plunge over 1,100 points overnight. The market's initial reaction to the Federal Reserve's policy may be overinterpreted, and the strong performance of the USA economy could drive the stock market further up.
Wall Street Bounces Back After Fed's Hawkish Cut Triggers Sell-off
Express News | U.S. stocks opened higher and continued to rise, with the S&P 500 Index's intraday increase expanding to 1%.
1 No-Brainer S&P 500 Index Fund to Buy Right Now for Less Than $1,000
U.S. stocks are entering a year-end sprint: these stocks are the biggest winners, who will ultimately claim the title of the largest percentage increase?
With the conclusion of the last Federal Reserve meeting of 2024, all major agendas for the US stock market this year have been completed. Taking advantage of the market's emotional stabilization after yesterday's significant drop is just the right time to review the big winners of this year's thematic speculation.
U.S. stock market preview | All three major index futures are rising! Goldman Sachs: Although the Federal Reserve is hawkish, Powell is more dovish, still expecting three rate cuts next year; NVIDIA Concept stock SoundHound AI soared 7% in pre-market trad
Cryptos concept stocks are strong in Pre-Market Trading, with Coinbase and MARA rising over 3%; Accenture's shares in Pre-Market Trading increased nearly 7%, with Q1 revenue for fiscal year 2025 growing 9% year-on-year; entering the defense Sector, Nukkleus surged nearly 37%, accumulating over 35 times in the last two Trading days.
Annual review | The "report card" for Global major asset classes is out! Bitcoin has surged 136% this year, leading the world, with strong performances from US stocks, China assets, and Japanese stocks.
In this spectacular year, which asset classes have been dominant globally? Which market symbols have underperformed? Let's review together!