No Data
No Data
Express News | JPMorgan warns that US stock market turmoil is coming tomorrow night.
Futu Morning Briefing | Powell: The Fed is carefully evaluating the timing of interest rate cuts; Tesla successfully achieved a 10-day consecutive increase.
Fed's "megaphone": Powell's important shift suggests rate cuts are imminent; A failed billion-dollar agreement? Oracle's stock dropped by 3%, while Musk's AI negotiation was reportedly terminated. Second-quarter shipments surged 21%! Apple leads the global PC market's recovery.
The US heavyweight CPI report is coming, which is the trading guide given by JPMorgan.
JPMorgan traders have categorized this week's US CPI report into six possible scenarios and predicted how the S&P 500 index will react to it. JPMorgan reminds investors to be prepared for the volatile fluctuations in the US stock market caused by the CPI report this week after a long period of calm.
US stocks closed with the S&P hitting a new high. Tesla rose for the tenth consecutive day, while Nvidia rose nearly 2.5%.
Apple, Applied Materials, and Eli Lilly and Co's stock prices hit new highs again; China concept stocks are generally up, with Baidu up more than 8%.
Fed's 'loudspeaker': Powell's important shift suggests rate cut is imminent.
Powell has made a subtle but important shift in the risks facing the Federal Reserve.
Powell Pushes Back on Rate Cut Bets
The Fed Chair shook things up a bit in his Tuesday testimony after pushing back on rate cut timing and warning against premature easing. This all but takes July rate cut prospects off the table, with September now seen as the earliest date for the next rate cut.