A week of soaring US bond yields, with every market hedging, but US stocks held firm.
This week, US bonds were sold off, with yields rising across the board, however, the US stock market showed resilience. Analysis indicates that the main driving factors for stock market returns remain ample liquidity, loose policies, as well as good economic and earnings growth. The rise in bond yields may not necessarily have a negative impact on the stock market rebound.
Major changes may be coming to the US stock market! NYSE plans to extend trading hours, how significant will the impact be?
Wall Street analysts say that extending trading hours may mean financial companies need to strengthen trading during the early morning and evening. Prices may fluctuate more during extended trading hours, providing traders with opportunities to take advantage of these trades.
IShares 20+ Year Treasury Bond ETF Options Spot-On: On October 25th, 411.04K Contracts Were Traded, With 5.59 Million Open Interest
On October 25th ET, $iShares 20+ Year Treasury Bond ETF(TLT.US)$ had active options trading, with a total trading volume of 411.04K options for the day, of which put options accounted for 38.45% of
US stocks early trading | The three major indexes all rose, with the Nasdaq hitting a new all-time high intraday; technology stocks, Chinese concept stocks, and cryptos all rising across the board, with Tesla and Nvidia up more than 2%.
On the evening of the 25th Beijing time, the US stock market continued to rise in early trading on Friday, with technology stocks leading the gains. Tesla continued yesterday's upward trend. The yield on the 10-year Treasury bond slightly declined. The market continues to focus on US stock earnings reports, economic data, the presidential election, and the Fed's interest rate path. US durable goods orders in September fell by 0.8% month-on-month but were better than expected.
The usa election has entered the final sprint stage, and the market is on high alert! Will these sectors benefit regardless of who wins?
In this scenario, traders are also starting to flock to defensive sectors to hedge against volatility. Regardless of Trump or Harris winning, these stocks may deliver decent performance and serve as a 'safe haven' for election trading.
US stock market outlook | The three major futures indexes rose slightly, with Chinese concept stocks generally rising; as tesla soared, "Wood Sister" took the opportunity to sell $22 million worth of shares.
Taiwan Semiconductor rose more than 1% pre-market, and prices for sub-5nm next year may increase again; Spirit Airlines surged nearly 13% pre-market, planning to sell planes and lay off employees to reduce costs; Apple's smart phone market share in China returned to the top 5! The iPhone 16 is expected to kick off a new upgrade cycle.