Outlook for the US market: the rise in US stocks will run out of gas, and the Dow Jones average will start at $68 lower
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This is the reading for tonight's NY stock.![]()
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, fell 68.79 dollars to 36135.65 dollars, and the NASDAQ Comprehensive Stock Price Index, which has a high high-tech stock ratio, began at 14126.40 with a 59.09 point drop. The S&P 500 average, which consists of stocks of 500 companies that are large American stocks, fell 12.53 points to 4557.25.
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, fell 68.79 dollars to 36135.65 dollars, and the NASDAQ Comprehensive Stock Price Index, which has a high high-tech stock ratio, began at 14126.40 with a 59.09 point drop. The S&P 500 average, which consists of stocks of 500 companies that are large American stocks, fell 12.53 points to 4557.25.
$Dow Jones Industrial Average(.DJI.US$
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 Index(.SPX.US$
Top news
FRB is equipped with “live guns” and can be used with financial support - Apollo's Mr. Zelter
James Zelter, co-president of the alternative investment company Apollo Global Management, stated that the Federal Reserve (FRB) decision to maintain US policy interest rates at a high level means that if the economic situation worsens, there is a “gun with live ammunition that can be used as needed.”
Interest rate messages from US authorities lose strength, market completely ignores - Mr. Elarian
The US Federal Reserve is losing the power of messages about interest rates, but Mohamed Elarian, who serves as Allianz's chief economic adviser, stated that it is wrong to expect financial markets to be close to interest rate cuts.
The rise in US stocks is out of gas, and short-term investors who supported it also sold - Goldman
The driving force behind the rise in US stocks in November is rapidly being lost, and investors need to prepare for a fall. Goldman Sachs Group tactical specialist Scott Rubner, who guessed the rise in the same month, showed such a point of view.
US fund loan expansion 160 trillion yen for 4 major companies, 40% increase in 2 years
The private credit market, where investment funds lend to companies, is expanding. The total assets managed by the four major investment funds increased by 40% in 2 years. The number of acquisition-related loan projects in 2023 is about six times that of banks where it is difficult to increase loans due to strengthened regulations. However, behind the rapid expansion, concerns about default (default) of loan recipient companies due to high interest rates are also smoldering.
US NVIDIA to establish research center in Japan AI human resource development
Major US semiconductor company $NVIDIA(NVDA.US$Chief Executive Officer Jenson Hwang (CEO) of Japan revealed the idea of establishing an artificial intelligence (AI) related research and development base in Japan on the 5th. Cooperation with universities and research institutes will be taken into consideration. The company's cooperation will lead to a boost in domestically produced generative AI development.
Meta and IBM partner with 50 companies and organizations for generative AI “open type”
paddy $Meta Platforms(META.US$ and rice $IBM Corp(IBM.US$On the 5th, it was announced that a new organization has been launched with over 50 companies, research institutes, etc. to promote the development and use of generative AI (artificial intelligence) using open source that anyone can freely use and modify. Also from Japan $Sony Group(6758.JP$ and SoftBank's generative AI development subsidiary have joined the new organization.
— MooMoo News Zeber
Distribution source: Bloomberg, Nihon Keizai Shimbun
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 Index(.SPX.US$
Top news
FRB is equipped with “live guns” and can be used with financial support - Apollo's Mr. Zelter
James Zelter, co-president of the alternative investment company Apollo Global Management, stated that the Federal Reserve (FRB) decision to maintain US policy interest rates at a high level means that if the economic situation worsens, there is a “gun with live ammunition that can be used as needed.”
Interest rate messages from US authorities lose strength, market completely ignores - Mr. Elarian
The US Federal Reserve is losing the power of messages about interest rates, but Mohamed Elarian, who serves as Allianz's chief economic adviser, stated that it is wrong to expect financial markets to be close to interest rate cuts.
The rise in US stocks is out of gas, and short-term investors who supported it also sold - Goldman
The driving force behind the rise in US stocks in November is rapidly being lost, and investors need to prepare for a fall. Goldman Sachs Group tactical specialist Scott Rubner, who guessed the rise in the same month, showed such a point of view.
US fund loan expansion 160 trillion yen for 4 major companies, 40% increase in 2 years
The private credit market, where investment funds lend to companies, is expanding. The total assets managed by the four major investment funds increased by 40% in 2 years. The number of acquisition-related loan projects in 2023 is about six times that of banks where it is difficult to increase loans due to strengthened regulations. However, behind the rapid expansion, concerns about default (default) of loan recipient companies due to high interest rates are also smoldering.
US NVIDIA to establish research center in Japan AI human resource development
Major US semiconductor company $NVIDIA(NVDA.US$Chief Executive Officer Jenson Hwang (CEO) of Japan revealed the idea of establishing an artificial intelligence (AI) related research and development base in Japan on the 5th. Cooperation with universities and research institutes will be taken into consideration. The company's cooperation will lead to a boost in domestically produced generative AI development.
Meta and IBM partner with 50 companies and organizations for generative AI “open type”
paddy $Meta Platforms(META.US$ and rice $IBM Corp(IBM.US$On the 5th, it was announced that a new organization has been launched with over 50 companies, research institutes, etc. to promote the development and use of generative AI (artificial intelligence) using open source that anyone can freely use and modify. Also from Japan $Sony Group(6758.JP$ and SoftBank's generative AI development subsidiary have joined the new organization.
— MooMoo News Zeber
Distribution source: Bloomberg, Nihon Keizai Shimbun
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