YINN240705C22000
- 1.42
- -1.43-50.18%
Direxion Daily FTSE China Bull 3X Shares ETF Newsroom
US stock pre-market: the three major indices have mixed gains and losses, with large tech stocks generally rising, with Tesla, Apple, Amazon, and Microsoft all up more than 1%; China concept stocks fell across the board, with Xpeng down nearly 10% and NIO
The US stock market opened flat on Friday, and the three major stock indexes in the US will all record gains this week. The number of new non-farm jobs added in June in the United States fell sharply, and the unemployment rate unexpectedly climbed to 4.1%, reinforcing the reason for the Federal Reserve's interest rate cuts.
U.S. stock market preview: Heavyweight news! Non-farm data exceeds expectations, and the three major equity index futures jump; Fed "top three": there is still a long way to go to maintain the 2% inflation target.
The US earnings season will kick off next week, putting the US stock market to the test; the increase in US currency supply indicates a reversal of the concentration trend in the US stock market, and mid-small cap stocks may have opportunities; over 1 million chips will be shipped! Nvidia's sales in China are expected to reach $12 billion this year.
This week's bull stock in the US | Electric vehicle stocks collectively soar! Tesla's rise exceeded 24%, Ideanomics rose nearly 16%; Broadcom rose nearly 8%, and received the layout of "Congress Mountain Stock God" Pelosi.
This week, the Dow Jones Industrial Average rose by 0.48% to close at 39,308 points; during the same period, the S&P 500 index rose by 1.4% to close at 5,537.02 points; and the Nasdaq index rose by 2.57% to close at 18,188.3 points.
Will there be any surprises in the non-farm data? The first major US data release day of the second half of the year has arrived.
If we were to discuss the most unpredictable economic indicators in the US market this year, non-farm payroll data would definitely make the list. Tonight marks the first non-farm evening of the second half of the year. What kind of surprises will this night bring? Will the data performance be unexpected once again?
Biden in danger? Disney heir and other "bigwigs" are pressuring him: no re-election, no money!
Abigail Disney plans to suspend donations to Democrats before Biden drops out; Biden says he has no plans to withdraw from the race.
Futu Morning News | Is the market pricing in the possibility of "Biden dropping out over the weekend"? Biden: I will not drop out; Short sellers get wrecked! Tesla's short sellers lost $3.5 billion in two days.
The Asia-Pacific stock market is booming: Taiwan stocks and Indian stocks hit record highs, Japanese stocks are nearing highs; The Federal Reserve hinted that it is not yet ready to cut interest rates, and bitcoin fell to a two-month low; Xpeng and NIO Inc responded to additional EU tariffs.
How does Wall Street predict the strongest global theme for the second half of the year, with expectations of a rate cut, election suspense, and the trend of US stocks?
As the global central bank interest rate cuts arrive, major events such as inflation rebound, the U.S. presidential election, and earnings season tests may all intensify volatility risks, but they also bring many opportunities for positioning.
The US Federal Reserve has been slow to cut interest rates, and the size of the US money market has surpassed 6.15 trillion US dollars, reaching a new high.
In the week ending on the 2nd, there was a inflow of approximately $51.2 billion into the US fund market, the largest inflow in three months. Some analysts pointed out that as long as the Federal Reserve continues to hold steady, funds will continue to flow into currency funds.
Futu Morning Post | Interest rate cut expectations heat up, S&P and Nasdaq hit new highs again; "Congress Mountain Female Stock God" Pelosi strikes again! Betting on Broadcom and Nvidia.
Fed minutes: Waiting for more information to gain confidence in rate cuts, with the majority of officials believing that the economy is gradually cooling; U.S. June ISM services unexpectedly fell sharply below expectations, with the rate of contraction the fastest in four years.
Are there risks of the US stock market returning to the 1930s?
Richard Bernstein believes that although the current US stock market appears to be full of bubbles and rises highly concentrated in large cap stocks, considering that current corporate profits are accelerating and the banking system is performing well, it is unlikely to trigger another economic crisis.
US stocks rose slightly in early trading, with the three major indexes up. Tesla rose by nearly 4%, and the second-generation humanoid robot Optimus will make its debut for the first time. US stocks will close early today and will be closed tomorrow.
The US stock market opened mostly flat on Wednesday, with the S&P 500 index closing above 5,500 points for the first time in the previous trading day. The private sector employment in the US increased by only 150,000 in June according to ADP report, lower than expected and indicating a gradual cooling of labor demand. The US stock market will close early today and the trading volume is expected to be light.
Unexpected decline! ADP added 150,000 jobs in the United States in June, the lowest level in four months.
Services once again became the industry with the most new job openings. In June, the ADP services industry added 136,000 jobs, far exceeding the 14,000 jobs in manufacturing.
US Stock Market Outlook | Unexpected Slump! US 'Small Non-Farms' Reach Four-Month Low; Federal Reserve Meeting Minutes to be Released Tonight, US Stock Market will Close Early Due to the Holiday.
"Fed Pronouncements": Powell talks about progress in inflation, bringing rate cuts back into view; did the market become conservative? Strategist: The Fed is expected to cut interest rates three times this year! Growth tech stocks fluctuate before the market, Tesla rises nearly 2%, while Microsoft, Apple, and Nvidia fall slightly.
Futu Morning News | Technology stocks continue to soar! Tesla rose more than 10%, Apple and Amazon hit new highs together; Powell's latest statement: Significant progress in reducing inflation.
Biden will meet with Democratic governors to seek support, and several popular candidates for succession will attend. Tesla delivered 444,000 vehicles in the second quarter, higher than expected in the market. Apple is expected to gain a seat on the OpenAI board of directors as an observer.
Is the US labor market showing signs of losing momentum? Investors are closely watching two key reports this week.
The hot labor market has always been a key obstacle preventing the Fed from cutting interest rates.
US stocks in early trading | The three major indexes fluctuated slightly, with the Nasdaq slightly up; large technology stocks rose and fell, with Tesla up more than 7% and Nvidia down more than 1%.
The U.S. stock market opened lower on Tuesday, with major indices partially giving back the gains from the previous trading day. Investors are watching labor market data and a speech from Federal Reserve Chairman Powell.
A leading dove at the U.S. Federal Reserve has spoken out: policymakers should be prepared for interest rate cuts!
Gorsby believes that the inflation rate in the USA will reach 2%, and points out that there have been warning signs in the job market...
US Stock Market Preview | Powell's speech tonight is heart-wrenching; Q2 deliveries are higher than expected, Tesla's pre-market rises more than 4%.
It is recommended to take profits! Morgan Stanley: It's time to unwind short positions in US bonds; the US chip industry faces a labor shortage, and the Biden administration is investing heavily to address it; Maersk CEO: the interruption of Red Sea shipping will continue until the third quarter of this year; Tesla's Chinese deliveries in June decreased by 24% year-on-year, and its global production for the second quarter will be announced later.
Asia Markets Mostly Rise After Gains on Wall Street; Traders React to Hawkish RBA Minutes
Should one consider buying small cap stocks in the US at the moment?
Large cap stocks in the US stock market have much higher valuations than small cap stocks. As of the end of May, the median P/E ratio for the top 10% of stocks by market capitalization in the S&P 500 index was 21.9, while the median P/E ratio for the bottom 10% of stocks by market capitalization during the same period was 15.3, a discount of about 30% compared to the former.