US market outlook: TSMC increases sales and profit for the first time in 4 quarters, and the Dow average starts at 93 dollars higher
Good evening to all Moomoo users!![]()
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 93.90 dollars to 37847.21 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 15705.69 with a 22.32 point increase. The S&P 500 average, which consists of stocks of 500 major US companies, is 9.31 points higher at 5031.52.
Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 93.90 dollars to 37847.21 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 15705.69 with a 22.32 point increase. The S&P 500 average, which consists of stocks of 500 major US companies, is 9.31 points higher at 5031.52.
$Dow Jones Industrial Average(.DJI.US$
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 Index(.SPX.US$
Top news
The G7 reaffirmed in a statement the recognition that “excessive exchange rate fluctuations have an adverse effect on the economy”
The seven major countries (G7) held a meeting of finance ministers and central bank governors in Washington on the 17th (local time), and reaffirmed in a joint statement their commitment that excessive fluctuations in exchange rates would adversely affect the economy. There is also a view that Japan, facing rapid depreciation of the yen, could become an “indulgence mark” for defending its own currency through exchange intervention.
The yield on 10-year US bonds is even 5%, and there is a fear that large loss sales will occur - Vanguard
Vanguard pointed out that the US bond market is approaching a level where there is a risk of inducing large-scale sell-offs, and there is a possibility that 10-year bond yields will reach 5%. Vanguard's head of international interest rates, Ares Kooteney, said in an interview, “We are in dangerous waters right now.” He said that if even a slight increase in yield exceeds the important level of 4.75%, investors will be forced to resolve positions that anticipate price increases, and there is a possibility that a wave of sales will rush in that will push yields to the high level in 2007.
IMF's Georgieva urges fiscal tightening - prepare for next shock
Executive Director Georgieva of the International Monetary Fund (IMF) called for fiscal tightening against major countries that have increased their debt on a large scale in the past few years in response to the novel coronavirus crisis.
US Berkshire yen bonds become the second largest bond issue in the past - expectations for investment in Japanese stocks
US investment and insurance company led by famous investor Warren Buffett $Berkshire Hathaway-A(BRK.A.US$ The conditions for issuing yen-denominated corporate bonds were decided on the 18th. The total amount issued is 263.3 billion yen, which is the second largest Berkshire yen bond after the initial bond in 2019, and there are voices pointing out the possibility of additional investment in Japanese stocks in the market.
[Financial Results] Taiwan TSMC returns to growth trajectory of increasing sales and profit for the first time in 4 quarters
The world's largest contract semiconductor manufacturer $Taiwan Semiconductor(TSM.US$ has announced financial results for the 1st quarter of 2024. Net profit increased 8.9% from the same period last year, the first increase in profit in a year. Sales and net profit hit record highs for the same period.
Tesla terminates contract for 300 temporary employees in Germany without re-hiring
Tesla, a major US electric vehicle (EV) company $Tesla(TSLA.US$ It was revealed on the 18th that the contract period for 300 temporary employees ended in Germany, and no re-contracts were made. The company plans to cut its global workforce by more than 10 percent.
Collect information by exhibiting at competitors such as Amazon and Rakuten WSJ coverage
paddy $Amazon(AMZN.US$ Through a company that has hidden ties with its company $RAKUTEN GROUP INC(RKUNF.US$ or rice $Walmart(WMT.US$ It was exhibited on the e-commerce (EC) site, and it became known that information on competitors was collected. The US paper Wall Street Journal (WSJ) reported on the 17th.
Distributor: Nihon Keizai Shimbun, Bloomberg, Dow Jones, Reuters
— MooMoo News Zeber
$Nasdaq Composite Index(.IXIC.US$
$S&P 500 Index(.SPX.US$
Top news
The G7 reaffirmed in a statement the recognition that “excessive exchange rate fluctuations have an adverse effect on the economy”
The seven major countries (G7) held a meeting of finance ministers and central bank governors in Washington on the 17th (local time), and reaffirmed in a joint statement their commitment that excessive fluctuations in exchange rates would adversely affect the economy. There is also a view that Japan, facing rapid depreciation of the yen, could become an “indulgence mark” for defending its own currency through exchange intervention.
The yield on 10-year US bonds is even 5%, and there is a fear that large loss sales will occur - Vanguard
Vanguard pointed out that the US bond market is approaching a level where there is a risk of inducing large-scale sell-offs, and there is a possibility that 10-year bond yields will reach 5%. Vanguard's head of international interest rates, Ares Kooteney, said in an interview, “We are in dangerous waters right now.” He said that if even a slight increase in yield exceeds the important level of 4.75%, investors will be forced to resolve positions that anticipate price increases, and there is a possibility that a wave of sales will rush in that will push yields to the high level in 2007.
IMF's Georgieva urges fiscal tightening - prepare for next shock
Executive Director Georgieva of the International Monetary Fund (IMF) called for fiscal tightening against major countries that have increased their debt on a large scale in the past few years in response to the novel coronavirus crisis.
US Berkshire yen bonds become the second largest bond issue in the past - expectations for investment in Japanese stocks
US investment and insurance company led by famous investor Warren Buffett $Berkshire Hathaway-A(BRK.A.US$ The conditions for issuing yen-denominated corporate bonds were decided on the 18th. The total amount issued is 263.3 billion yen, which is the second largest Berkshire yen bond after the initial bond in 2019, and there are voices pointing out the possibility of additional investment in Japanese stocks in the market.
[Financial Results] Taiwan TSMC returns to growth trajectory of increasing sales and profit for the first time in 4 quarters
The world's largest contract semiconductor manufacturer $Taiwan Semiconductor(TSM.US$ has announced financial results for the 1st quarter of 2024. Net profit increased 8.9% from the same period last year, the first increase in profit in a year. Sales and net profit hit record highs for the same period.
Tesla terminates contract for 300 temporary employees in Germany without re-hiring
Tesla, a major US electric vehicle (EV) company $Tesla(TSLA.US$ It was revealed on the 18th that the contract period for 300 temporary employees ended in Germany, and no re-contracts were made. The company plans to cut its global workforce by more than 10 percent.
Collect information by exhibiting at competitors such as Amazon and Rakuten WSJ coverage
paddy $Amazon(AMZN.US$ Through a company that has hidden ties with its company $RAKUTEN GROUP INC(RKUNF.US$ or rice $Walmart(WMT.US$ It was exhibited on the e-commerce (EC) site, and it became known that information on competitors was collected. The US paper Wall Street Journal (WSJ) reported on the 17th.
Distributor: Nihon Keizai Shimbun, Bloomberg, Dow Jones, Reuters
— MooMoo News Zeber
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
