Weekend reading | The US election voting day is approaching! Three perspectives on the impact fluctuations.
Overall, the US economy is currently on a steady landing trajectory, with a slowdown but not too rapid decline. This process may be completed during the next presidential term, and the impact from the economic cycle may still be more powerful than the president's policy in the trend over the next four years.
US stocks early market | Non-farm data does not change the rise of US stocks, with all three major indices collectively surging; growth tech stocks erase yesterday's slump, amazon soars 6% approaching historical highs.
Apple fell by 0.54%, profits were dragged down by a hundred billion in back taxes; Intel rose by 5%, fourth quarter revenue and adjusted earnings per share guidance exceeded expectations.
Express News | usa October ISM Manufacturing PMI was 46.5, lower than market expectations.
Viewpoint | The decline in technology stocks in the usa brings buying opportunities.
Recently, the technology sector has shown weakness, but it has not encountered any major troubles.
"Super huge upset"! Non-farm payroll employment in October increased by only 0.012 million, will the Fed cut interest rates next week?
The USA non-farm payrolls added only 0.012 million jobs, a figure possibly affected by hurricanes and strikes, leading traders to increase bets on a 25 basis point rate cut by the US Federal Reserve in November...
Express News | Goldman Sachs: Non-farm data indicates that the Federal Reserve will continue its loose cycle next week.