US market outlook: Pay attention to economic indicators such as the number of new unemployment insurance claims, and the Dow Average starts at 61.76 dollars lower
Good evening to all Moomoo users!![]()
This is tonight's NY stock reading.![]()
Market Overview
The US market started, the Dow Jones Industrial Average composed of excellent stocks fell 61.76 dollars to 33420.96 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 57.78 points to 11939.08. The S&P 500 average, which consists of 500 stocks that are large American stocks, fell 9.23 points to 4081.15.
Market Overview
The US market started, the Dow Jones Industrial Average composed of excellent stocks fell 61.76 dollars to 33420.96 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, fell 57.78 points to 11939.08. The S&P 500 average, which consists of 500 stocks that are large American stocks, fell 9.23 points to 4081.15.
$Dow Jones Industrial Average(.DJI.US$
$Nasdaq Composite Index(.IXIC.US$
$SPDR S&P 500 ETF(SPY.US$
Top news
New US unemployment insurance applications, 228,000 cases down 18,000 from previous week - forecast 200,000
The number of new US unemployment insurance claims last week fell 18,000 from the previous week to 228,000. The median economist forecast compiled by Bloomberg was 200,000. The previous week was revised to 246,000 cases (preliminary report 198,000 cases).
ECB Lane Director, May Additional Interest Rate Hike Is Appropriate If Basic Scenario Continures - CNA
European Central Bank (ECB) Chief Economist Lane stated that unless the economic outlook changes drastically due to recent financial sector turbulence, there is a high possibility that the ECB will implement additional interest rate increases in May.
Saudi-led crude oil production cuts have a major impact on the Asian economy
“OPEC Plus,” which consists of the Organization of Petroleum Exporting Countries (OPEC) and major non-member oil-producing countries, surprised the oil market by announcing production cuts this week, but according to Vortexa data, there is a high possibility that this production cut will have a greater impact on the Asian economy than Europe and North America.
Credit S17 trillion yen preparations are on the verge of bankruptcy, powerless by the liquidity rule “super speed of light”
The Swiss bank Credit Suisse Group was preparing 120 billion Swiss francs (about 17.4 trillion yen) as of the end of last year in preparation for a net fund outflow of 83 billion Swiss francs (about 12 trillion yen) expected when the crisis continues for one month. However, the outflow of funds accelerated again in the few days until March 19, when the bailout and merger by the UBS Group was announced, and they were driven to the brink of bankruptcy.
Distribution source: Bloomberg, Dow Jones
$Nasdaq Composite Index(.IXIC.US$
$SPDR S&P 500 ETF(SPY.US$
Top news
New US unemployment insurance applications, 228,000 cases down 18,000 from previous week - forecast 200,000
The number of new US unemployment insurance claims last week fell 18,000 from the previous week to 228,000. The median economist forecast compiled by Bloomberg was 200,000. The previous week was revised to 246,000 cases (preliminary report 198,000 cases).
ECB Lane Director, May Additional Interest Rate Hike Is Appropriate If Basic Scenario Continures - CNA
European Central Bank (ECB) Chief Economist Lane stated that unless the economic outlook changes drastically due to recent financial sector turbulence, there is a high possibility that the ECB will implement additional interest rate increases in May.
Saudi-led crude oil production cuts have a major impact on the Asian economy
“OPEC Plus,” which consists of the Organization of Petroleum Exporting Countries (OPEC) and major non-member oil-producing countries, surprised the oil market by announcing production cuts this week, but according to Vortexa data, there is a high possibility that this production cut will have a greater impact on the Asian economy than Europe and North America.
Credit S17 trillion yen preparations are on the verge of bankruptcy, powerless by the liquidity rule “super speed of light”
The Swiss bank Credit Suisse Group was preparing 120 billion Swiss francs (about 17.4 trillion yen) as of the end of last year in preparation for a net fund outflow of 83 billion Swiss francs (about 12 trillion yen) expected when the crisis continues for one month. However, the outflow of funds accelerated again in the few days until March 19, when the bailout and merger by the UBS Group was announced, and they were driven to the brink of bankruptcy.
Distribution source: Bloomberg, Dow Jones
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
