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 150.70 dollars to 37949.67 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 15942.29 with a 77.04 point increase. The S&P 500 average, which consists of stocks of 500 major US companies, is 17.56 points higher at 5068.97.
$Dow Jones Industrial Average(.DJI.US)$
$Nasdaq Composite Index(.IXIC.US)$
$S&P 500 Index(.SPX.US)$
Top news
IMF warns of fiscal expansion in election year “spurred by high prices”
The International Monetary Fund (IMF) sounded an alarm on the “fiscal monitor” announced on the 17th that fiscal expansion due to popularity is likely to progress in 2024, when large-scale elections are held one after another. It is said that in the election year, the budget deficit will be 0.4 points larger than anticipated in advance in terms of gross domestic product (GDP) ratio. There are concerns that price control will become difficult and that long-term economic growth will be adversely affected...

There are also requests for improvements from the Tokyo Stock Exchange, and whether the PBR (stock price-net asset ratio) has exceeded 1 times is also viewed as a watershed in whether the listed companies are the “winners.”
There is also an indication that in order to exceed PBR by 1 times, we should first aim for an ROE (return on equity) of 8% or more,Companies that have a PBR of less than 1 times even though their ROE is over 8%There are also not a few. Among these companies are:After 3rd place in Japan in the industryThis position has also become a bottleneck, and it is a case where stock prices seem to be sluggish due to concerns about future growth potentialThere is also one.
So,The 3 “3rd and higher” stocks have an ROE of 8% or more in the previous fiscal year while PBR is less than 1 times, and have received high praise from analystsSummarize the “growth potential” of and shareholder return policies.
[Stock Pickup Requirements]
・PBR less than 1 times
・ROE for the previous fiscal year is 8% or more
・The average target stock price according to analysts is higher than the current stock price
・Prime listed companies
・The total market value is 500 billion yen or more
・The sales scale within the industry is 3rd or higher
◆ $Mazda Motor(7261.JP)$：EV shift...

Good morning to all moomoo users!Here's an overview of this morning's turnaround. Thank you in advance.
Market Overview
Today's Nikkei Stock Average began at 38750.67 yen, 482.13 yen lower than the previous business day, and the Tokyo Stock Price Index (TOPIX) fell 23.63 points at 2729.57.
Top news
The yen falls further 10%, but the Bank of Japan is reluctant to raise interest rates drastically - T. Lowe
Quentin Fitzsimmons, global bond portfolio manager at T. Lowe Price, pointed out that the yen exchange rate will continue to fall, and there is a possibility that it will fall further 10% and sink to the level it has been since the 1980s. It is said that this is because the Bank of Japan is reluctant to raise interest rates drastically.
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