Services Sector Surges In September, Raising Questions For Fed's November Rate Cut
U.S. stock market morning session | Nasdaq, S&P turned from decline to rise intraday; semiconductor sector strong increase, nvidia, AMD rose nearly 4%
As of the press time, the Dow Jones fell by 0.24%, the Nasdaq rose by 0.20%, and the s&p 500 rose by 0.02%.
IShares 20+ Year Treasury Bond ETF Declares Monthly Distribution of $0.3158
USA's initial jobless claims rose slightly last week, showing continued resilience in the job market.
In the usa, the number of initial claims for unemployment benefits in the week ending September 28 was 0.225 million, a slight increase of 6000 people from the previous week, lower than the expected 0.221 million, and lower than the previous value of 0.218 million.
The Fed leads the way! The global rate cut pace is starting to accelerate significantly
①The latest statistics in the industry show that led by the Federal Reserve, central banks of developed economies implemented the largest scale interest rate cuts since the outbreak of the new crown epidemic in September; ②Among the G10 central banks that convened interest rate meetings in September, five of them lowered their benchmark interest rates in that month.
US stock market outlook: Three major futures indexes narrowed their pre-market declines, with most Chinese concept stocks weakening; Goldman Sachs is once again 'rooting' for the S&P! US stocks will see a big rise at the end of the year.
The Fed leads the way! The global rate cut pace is beginning to accelerate significantly; ongoing strikes at US ports lead to a sudden increase in inflation risks; Berkshire Hathaway plans to issue yen bonds for the second time this year, analysts say Buffett may be eyeing financial and shipping stocks.