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Futu Morning Report | "Interstellar Gate" Concept stocks are in a frenzy, ARM surged nearly 16% overnight; promoting the entry of medium to long-term funds into the market! China's Capital Markets welcome significant proposals.
The CEO of the world's largest sovereign wealth Fund advises: sell USA Technology stocks and buy China Assets; in the face of policy undercurrents after Trump's return, the European Central Bank still plans to continue lowering interest rates; an extreme winter storm hit the southern USA, and multiple states declared a state of emergency.
[U.S. Stock Market Review] U.S. stocks closed higher with the S&P 500 hitting a new intraday high, led by Technology and AI.
On Wednesday (January 22), supported by strong corporate Earnings Reports, AI investment plans, and overall economic resilience, the U.S. stock market performed impressively. Despite the persistent uncertainties of high interest rates and trade policies, market sentiment remains optimistic, with the Technology Sector and AI-related fields likely to continue leading Wall Street in the future.
Forex Today: US Data and Trump Dictate the Sentiment in the FX Galaxy
JPMorgan CEO Dimon: The US stock market is "a bit overvalued".
Damon stated that the asset prices in the USA stock market are "somewhat overvalued," and by any measure, asset prices are in the top 10% or 15% of historical valuations. Certain parts of the bond market, such as sovereign debt, are also at "historical highs."
US stock market early session | AI Concept stocks surged across the board, SoftBank's ARM soared by 15%, Taiwan Semiconductor's stock price reached a new high; the AI Industry Chain exploded, Nuclear Power stocks and Robot Concept stocks strengthened, PDY
Moderna once rose over 13%, receiving $0.59 billion for the development of Biological Vaccine; Tesla fell nearly 1%, and the AI Infrastructure project did not mention Tesla.
Famous research company: The historic bull market of the Nasdaq 100 is not over yet.
The head of technical analysis at Evercore ISI believes that both the Nasdaq 100 and the S&P 500 seem poised to reach historical highs in the first quarter.