US Market Outlook: The Dow Average rebounds for the first time in 5 business days and starts higher at $12
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This is tonight's reading of NY stocks.![]()
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 12.38 dollars to 38916.42 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, rose 36.66 points to 16285.18. The S&P 500 average, which consists of stocks of 500 major US companies, is 7.03 points higher at 5211.37.
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 12.38 dollars to 38916.42 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, rose 36.66 points to 16285.18. The S&P 500 average, which consists of stocks of 500 major US companies, is 7.03 points higher at 5211.37.
$Dow Jones Industrial Average(.DJI.US$
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 Index(.SPX.US$
Top news
US interest rate reduction forecast, market trend 2 times by the end of the year - 10-year bond yield is 4.5% in view
Traders' confidence in the US Federal Reserve's three 0.25 point rate cuts within the year is rapidly being lost, and the market is currently leaning towards anticipating two rate cuts. The interest rate swap market suggests a cut in US interest rates of about 60 basis points (bp, 1 bp = 0.01%) this year, and there is the highest possibility that interest rates will be cut twice. According to Bloomberg's pricing, the first rate cuts are expected to take place by September. As of the 5th, the possibility that interest rates would be cut 3 times was still over 50%.
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 Index(.SPX.US$
Top news
US interest rate reduction forecast, market trend 2 times by the end of the year - 10-year bond yield is 4.5% in view
Traders' confidence in the US Federal Reserve's three 0.25 point rate cuts within the year is rapidly being lost, and the market is currently leaning towards anticipating two rate cuts. The interest rate swap market suggests a cut in US interest rates of about 60 basis points (bp, 1 bp = 0.01%) this year, and there is the highest possibility that interest rates will be cut twice. According to Bloomberg's pricing, the first rate cuts are expected to take place by September. As of the 5th, the possibility that interest rates would be cut 3 times was still over 50%.
Spot price of gold temporarily breaks through $2,350 per ounce - highest price hit
The spot price of gold temporarily exceeded 1 ounce = 2,350 dollars in trading on the 8th, and hit a new high. After the price of gold rose by 1%, the increase was reduced. Ahead of the announcement of US inflation data for March on the 10th, traders would like to determine when the US Federal Reserve will shift its focus to interest rate cuts. Although it is expected that there will be a cut in US interest rates by the end of the year, it is necessary to further confirm evidence showing that inflation is easing before that. Interest rate increases are usually negative for money without interest.
TSMC is the first overseas base in the US to manufacture 2-nano products at its 2nd and 3rd plants
Of the world's leading semiconductors $Taiwan Semiconductor(TSM.US$ will locally produce 2 nano (nano is 1/1 billion) meter products with huge support from the US government as a tailwind. As an overseas base, it handles cutting-edge production technology. In the future, there is a possibility that further distribution of bases for core functions concentrated in Taiwan, such as research and development, will be required.
Tesla stock has plummeted since the beginning of the year, analyzed on 5 charts
Major US Electric Vehicle (EV) Company $Tesla(TSLA.US$ The company's stock plummeted on the 5th in response to a report by Reuters that development of a low-price model had been stopped. It is said that the company will continue to develop a fully autonomous vehicle “robo-taxi” on the same compact car platform. Tesla has already dropped close to 32% from the beginning of the year until the 4th, $S&P 500 Index(.SPX.US$ It is in the worst performing category among the constituent stocks. I will look back on the turbulence of Tesla stock since the beginning of this year on 5 charts.
Distributor: Nihon Keizai Shimbun, Bloomberg, Reuters, Dow Jones
— MooMoo News Zeber
The spot price of gold temporarily exceeded 1 ounce = 2,350 dollars in trading on the 8th, and hit a new high. After the price of gold rose by 1%, the increase was reduced. Ahead of the announcement of US inflation data for March on the 10th, traders would like to determine when the US Federal Reserve will shift its focus to interest rate cuts. Although it is expected that there will be a cut in US interest rates by the end of the year, it is necessary to further confirm evidence showing that inflation is easing before that. Interest rate increases are usually negative for money without interest.
TSMC is the first overseas base in the US to manufacture 2-nano products at its 2nd and 3rd plants
Of the world's leading semiconductors $Taiwan Semiconductor(TSM.US$ will locally produce 2 nano (nano is 1/1 billion) meter products with huge support from the US government as a tailwind. As an overseas base, it handles cutting-edge production technology. In the future, there is a possibility that further distribution of bases for core functions concentrated in Taiwan, such as research and development, will be required.
Tesla stock has plummeted since the beginning of the year, analyzed on 5 charts
Major US Electric Vehicle (EV) Company $Tesla(TSLA.US$ The company's stock plummeted on the 5th in response to a report by Reuters that development of a low-price model had been stopped. It is said that the company will continue to develop a fully autonomous vehicle “robo-taxi” on the same compact car platform. Tesla has already dropped close to 32% from the beginning of the year until the 4th, $S&P 500 Index(.SPX.US$ It is in the worst performing category among the constituent stocks. I will look back on the turbulence of Tesla stock since the beginning of this year on 5 charts.
Distributor: Nihon Keizai Shimbun, Bloomberg, Reuters, Dow Jones
— MooMoo News Zeber
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