US Stocks Brief: Nasdaq 100 Down Near 4.7% This Month; Russell 2000 Index Up More Than 10% Over Same Time, Notes Bloomberg TV
The sharp rise of the Japanese yen and the sharp decline of technology stocks: Is there a connection in all of this?
An interesting phenomenon is that the sharp rise of the Japanese yen and the crash of technology stocks both originated from the same day: July 11th. since then, the market cap of the 'Seven Giants' has evaporated nearly a market cap of Amazon, and the US dollar against the Japanese yen has plummeted nearly 800 points!
"Wall Street Wizard": Small stocks may rise more than 15% in August!
Analysts predict that the e-mini russell 2000 index will rebound for about 10 weeks, starting in August, and finally increase by 40%.
U.S. stock market closing | Nasdaq and S&P fell for three consecutive times, Russell 2000 rose more than 1%; technology stocks continued to decline, Google fell another 3%, while Tesla rose nearly 2% against the trend; Ford plunged more than 18% after its
Investors continue to sell technology stocks and instead buy blue chip stocks and small cap stocks. The S&P 500 has fallen for three consecutive days, with chip stocks opening 4% lower and then cutting losses in half, while the Dow Jones and Russell small cap stock indices rose all day, and Tesla rose 4.6% at one point.
Express News | The e-mini Russell 2000 index rose 1%.
How long can the US stock market's “great rotation” last? It may depend on these three factors!
Three major factors, including the Fed's interest rate cuts, may shake the advantage of small stocks.