.DJUS Dow Jones U.S. Index
- 1330.400
- +3.320+0.25%
Express News | Tianfeng Securities: Hong Kong stocks short-term bearish sentiment has been digested to some extent, and the market sentiment of US stocks has returned to a neutral and low level.
US stock market closing: Nasdaq hit a new high for the seventh consecutive day, Nvidia leads in market cap, while Apple and Microsoft fell back.
On the sixth day of a seven-day period, the S&P 500 index rose again to a new high, while Growth Tech stocks fell. Apple, Meta, Google, and Tesla all fell by more than 1%, while ARM, Taiwan Semiconductor, Qualcomm, and Micron Technology's stock prices hit new highs.
Is the labor market at an inflection point? Goldman Sachs economists insist that the Federal Reserve will cut interest rates twice this year.
Goldman Sachs economist Jan Hatzius' team pointed out that the key driver of labor demand is economic activity, and GDP growth has clearly slowed down. The Federal Reserve may cut interest rates once in September and December.
The Federal Reserve's "big three": as inflationary pressures continue to ease, interest rates will fall.
Williams expects inflation to continue to decline and acknowledges that employment data may be 'exaggerated.'
Consumer spending in the USA has slowed down, and the "September interest rate cut camp" of the Federal Reserve has once again strengthened.
The May retail sales report was weaker than expected, which may provide a reason for the Fed to cut interest rates in September.
Not afraid of high stock prices in the United States? Bank of America survey: Investors still willing to "invest" in the market!
The US stock market is seen as the biggest beneficiary of the reconfiguration of the $6.1 trillion currency market fund, and investor optimism remains at its highest level since November 2021.
Why is the US economy strong? Oaktree Capital's Max explained that it has benefited from economic stimulus policies and the reshoring of manufacturing.
Max said that the economic stimulus policy and the reshoring of manufacturing are the main reasons for the strong performance of the US economy in recent times; He pointed out that the rise of technology stocks such as Nvidia, driven by the AI boom, supported the performance of the US large cap market ;He believes that many people are too optimistic about the development of AI. If this new technology fails to meet investors' expectations, disillusionment and disappointment may occur, and the stock market may decline.
Be prepared! Bank of America Merrill Lynch summarized the top 10 indicators of the end of the US stock bull market.
The red light of the bear market is gradually turning on. Bank of America Merrill Lynch summarizes the top 10 indicators of the stock market's peak, and the current indicator trigger progress has reached 40%. The bull market will peak when the average reaches 70%.
Express News | Goldman Sachs still expects the Fed to cut interest rates twice this year and says US employment is at a turning point.
Harker of the Fed: One interest rate cut is appropriate this year, and I hope to see more data.
Based on his current forecast, he believes that it is appropriate to cut interest rates once this year. He is open to other policy options because uncertainty remains high.
US stocks close | S&P hits new highs, Tesla rises more than 5%, Qualcomm and Broadcom stock prices hit new highs.
Micron Technology and Taiwan Semiconductor hit a new closing high, while GameStop fell more than 12%; Bilibili rose more than 6%, while NIO Inc and Xpeng rose more than 2%.
Goldman Sachs' trading manager: US stocks continue to reach new highs thanks to technology stocks, but the market risks are on the consumer end.
The US stock market has hit another new high, with the main contribution from the technology giants known as the "Seven Sisters". However, Goldman Sachs pointed out that although the US stock market has been continuously hitting new highs, the economic growth expectations of the USA are too optimistic, with the most easily overlooked being the financial deterioration of middle- and lower-end consumers and the decline in consumption.
Express News | There is an 87.6% probability that the Fed will maintain interest rates in August.
Global "clustering" of US stocks, US stocks" clustering" AI.
In the past month, around $30 billion in new funds have flowed into stock funds globally, with as much as 94% invested in USA assets; in Q1, overseas investors purchased $187 billion in csi enterprise bond index, a YoY increase of 61%.
The 'hawkish' stance of the Federal Reserve remains! After the resolution, the first batch of officials spoke: it still depends on several more data points to determine whether or not to lower interest rates.
On Friday, Federal Reserve officials began to give public speeches one after another after the interest rate decision. The first two Federal Reserve officials to speak - Mester and Gulsbie - revealed similar information: they need to see more positive inflation data before they can hope to cut interest rates!
For the third time in half a year! Goldman Sachs has raised its year-end target for the S&P, citing "strong earnings from the big five technology stocks".
Goldman Sachs strategist David Kostin's team on Friday raised their forecast for the end of this year's S&P 500 index from the previous 5200 points to 5600 points, citing earnings revisions below average levels and their belief that higher P/E multiples are now reasonable.
Top 20 transaction amount | Nvidia has risen for the eighth consecutive week, with a market cap of over 3.2 trillion US dollars.
On Friday, Tesla, ranked third in trading volume in the US stock market, fell 2.44% with a turnover of 14.75 billion US dollars; Broadcom, ranked fourth, rose 3.34% to hit a new historical high with a turnover of 12.01 billion US dollars; Adobe, ranked fifth, rose 14.51% with a turnover of 7.81 billion US dollars.
U.S. stocks closed | S&P halted four consecutive gains; Microsoft, Nvidia, and Broadcom hit new closing highs again.
The Dow Jones fell for four consecutive days, the Nasdaq hit a new closing high for five consecutive days; Apple fell and its market cap once again lagged behind Microsoft; Adobe soared more than 14% after its earnings announcement.
Is the US returning to the 19th century? Trump proposed a "full tariff" fiscal revenue system: use import tariffs to replace income taxes.
Analysis indicates that the whole tariff policy combines "increasing tariffs + reducing taxes for enterprises" to the extreme and reverses the economic policy of encouraging free trade and requiring high-income families to pay higher tax rates than the middle class for more than 100 years.
If CPI is not enough, then add PPI? Wall Street "doesn't believe" in the Federal Reserve: betting on two interest rate cuts this year.
If one CPI is not enough to prove that the Federal Reserve can cut interest rates, what about adding PPI? On Thursday, with a series of latest economic data, it shows that US inflation and labor market are cooling down, and US bond yields are weakening again; accordingly, the pricing of the interest rate swap market has returned to the expectation that the Federal Reserve will cut interest rates twice this year.