.DJI Dow Jones Industrial Average
- 39908.000
- +349.890+0.88%
Top 20 Turnover | Nvidia rose 3.58%, investment bank targets $1,200
On Wednesday, Tesla, which ranked 3rd in terms of US stock turnover, closed down 2.01%, and traded $13.905 billion; 16th place MicroStrategy closed 15.86% higher with a transaction of US$2,906 million.
Kashkari expects high interest rates to remain high for some time, saying the Federal Reserve is closely monitoring housing inflation
① Kashkari said during the discussion that he was very surprised by the resilience the US economy has shown in the high interest rate environment so far; ② “We may need to wait a little longer until we figure out the direction of potential inflation before drawing a conclusion.”
US stocks closed | CPI revived expectations of interest rate cuts, and the three major indices reached new highs; Meme stocks pulled back, Game Station fell nearly 19%
The chip stock index rose four times in a row. Nvidia closed up more than 3%, the AI “monster stock” ultra-microcomputer rose nearly 16%, and Dell rose more than 11%.
The three major US stock indexes collectively closed up, the NASDAQ rose more than 1.4%, the S&P 500 index rose more than 1.2%, and the Dow Jones index rose more than 0.9%.
The three major US stock indexes collectively closed up, the NASDAQ rose more than 1.4%, the S&P 500 index rose more than 1.2%, and the Dow Jones index rose more than 0.9%.
Express News | Wall Street reviews US CPI: Opening the door to this year's interest rate cuts will be enough for the Federal Reserve to cut interest rates in September
US retail sales in April fell short of expectations, and the outlook for the Fed to cut interest rates was supported
According to the data, retail sales in the US increased 0% month-on-month in April, falling short of market expectations of 0.4% and lower than 0.6% after a downward revision in March.
CPI data rekindles expectations of interest rate cuts! “New Federal Reserve News Agency” splashes cold water: there is no hope until September
Nick Timiraos pointed out that millions of Americans are still facing huge price pressure, and after the April report, two CPI reports are needed to boost confidence in the Federal Reserve.
Early trading of US stocks | US stocks rose slightly, Meme stock gains cooled down, Game Station fell more than 29%
US stocks opened higher on Wednesday. The US CPI report for April showed that inflation was cooling down, causing the market to expect the Federal Reserve to speed up the pace of interest rate cuts in 2024, and US retail sales slowed markedly in April.
Interest rate cuts are on the rise! The annual rate of the US core CPI fell to its lowest level in nearly three years, and US stocks reached a new high
Before the market on Wednesday local time, the US Department of Labor disclosed the consumer price index for April, with a nominal CPI rate of 3.4% per annum, in line with expectations; the CPI rate increased by 0.3%, slightly lower than expectations of 0.4%; and the more critical core CPI annual rate fell further to 3.6%, in line with expectations, while falling to its lowest point since April 2021.
Express News | After the CPI report, Damo updated the US PCE growth forecast for April
Express News | “Federal Reserve microphone”: The Federal Reserve may still not cut interest rates until September
Express News | After the CPI data was released, the probability that the Federal Reserve would stay on hold in June remained basically unchanged
Express News | Analyst: The basic situation is that the Federal Reserve will cut interest rates this year
Express News | Analyst: Prices need to cool down further before the Federal Reserve cuts interest rates
The US CPI fell as scheduled in April, and expectations of the Fed's interest rate cut are picking up!
The US CPI declined as scheduled in April. Does the data give hope that the Fed will cut interest rates? J.P. Morgan analysts say inflation is experiencing a “sweet time” of falling...
Express News | US core CPI decelerated in April for the first time in six months
Heavy! The US core CPI in April was the lowest since 2021, and the market is boiling
Today's CPI data shows that the US economy is indeed showing signs of slowing down.
Express News | The US core CPI monthly rate has cooled down for the first time in six months, giving the Federal Reserve a sigh of relief
Express News | US CPI Data Quick Review
US stock outlook | US CPI rose 3.4% year on year in April, in line with expectations, and the three major futures indices are rising in a straight line
WSB concept stocks generally fell before the market, and Game Station and AMC theaters plummeted by more than 8%; ready for the summer fun! UBS and Bank of America both held high bullish flags.