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.
Express News | Goldman Sachs: Non-farm data indicates that the Federal Reserve will continue its loose cycle next week.
Express News | usa non-farm payrolls increased by 0.012 million in October, significantly below expectations.
Every Options Tracking | Nvidia plunged nearly 5% overnight, a put contract made nearly 3 times the profit; bears still hold the upper hand! The 'audit storm' of the super micro computer continues to ferment, multiple put contracts doubled.
Pre-market up over 5%! Intel's Q3 datacenter revenue exceeded expectations, with options volume surging 110% to 0.71 million contracts, implied volatility rising to the highest percentile level within the year. Looking at the options chain, the most active trades are calls expiring on December 20 with strike prices of $25 and $30, both trading over 0.02 million contracts.
Hawkish signals hinting at a pause in interest rate cuts? Tonight's non-farm data may provide the final clue for the Fed's actions next week.
Strong non-farm data will enhance the market's expectation for the Federal Reserve to possibly pause rate cuts early next year.