US stock market preview | The three major futures indexes fell before the market, Chinese concept electric vehicle stocks continued to rise; Is a significant rate cut hopeless? Powell expects two more 25 basis point rate cuts this year.
Blackrock upgrades its rating on Chinese stocks to overweight; Tesla wins the lawsuit in the investor lawsuit triggered by Musk's autonomous driving marketing.
Goldman Sachs' Chief Global Equity Strategist: US stock market's rise will slow down, valuation expansion depends on Europe and China.
Strategist Peter Oppenheimer predicts that US stocks appear expensive, and any further upward movement in the future will be moderate; a large number of european stocks with exposure to china will further benefit from china's massive stimulus.
Blackrock CEO warns: The market is seriously wrong, the Fed will not cut interest rates so many times.
BlackRock's CEO stated that he finds it hard to see the Fed cutting interest rates by another 200 basis points because "more policies introduced by the government tend to lean towards inflation rather than deflation."
U.S. stocks are surging | Chinese concept stocks continue to strengthen! Futu surged nearly 12% overnight; U.S. retail sector as a whole on the rise, Home Depot, Lowe's both hitting new highs for the year.
In terms of major tech companies reaching all-time highs in the US stock market, Home Depot rose 1.42% to the top of the leaderboard, Lowe's Companies increased by 1.39%, and Fiserv financial services rose by 0.71%.
Express News | Blackrock CEO: No signs of a US economic landing, market expectations for Fed rate cuts are excessive.
A general strike is imminent, with port employers in the USA proposing a 50% pay raise.
The United States Maritime Alliance (USMX) has announced a nearly 50% increase in dock workers' wages in an effort to resume negotiations with the International Longshoremen's Association (ILA).