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Today is February 6th. Powell's speech and new economic data together affected the market, leading to an adjustment in interest rate cut expectations, and a double decline in the US stock and bond markets. Although US stocks experienced a brief rise, they soon experienced a correction. The three major indices failed to continue their gains and were separated from their historical highs. Specifically, McDonald's fell nearly 4% after announcing its earnings report, making it one of the biggest losers in the Dow Jones Index.
Meanwhile, Apple bucked the trend and rose by nearly 1% after the launch of Vision Pro, while Tesla rebounded slightly after a sharp drop. In the chip industry, despite poor overall market performance, companies such as Nvidia achieved a reverse market rise, reaching record highs for three consecutive days. Among other industry trends, Estée Lauder's stock price surged 12% after announcing the layoff plan, while the AI concept stock Palantir rose more than 10% in post-market trading after the earnings report.
In Europe, the overall performance of the stock market was poor, but Novo Nordisk rose 3.6% after reaching a record high. Powell stressed that although interest rates will not be cut immediately, the Federal Reserve is actively considering future interest rate cuts and hopes to have greater confidence in reducing inflation to 2%. US bond yields and the US dollar index both rose, while crude oil prices rebounded after falling for three consecutive days.
In China, the stock market showed a strong rebound, especially in the technology sector. Wealth stocks such as Ningde Era performed strongly. China Securities also performed well in the US stock market. Alibaba and JD achieved gains of nearly 4% and nearly 3% respectively. Meanwhile, China...
Meanwhile, Apple bucked the trend and rose by nearly 1% after the launch of Vision Pro, while Tesla rebounded slightly after a sharp drop. In the chip industry, despite poor overall market performance, companies such as Nvidia achieved a reverse market rise, reaching record highs for three consecutive days. Among other industry trends, Estée Lauder's stock price surged 12% after announcing the layoff plan, while the AI concept stock Palantir rose more than 10% in post-market trading after the earnings report.
In Europe, the overall performance of the stock market was poor, but Novo Nordisk rose 3.6% after reaching a record high. Powell stressed that although interest rates will not be cut immediately, the Federal Reserve is actively considering future interest rate cuts and hopes to have greater confidence in reducing inflation to 2%. US bond yields and the US dollar index both rose, while crude oil prices rebounded after falling for three consecutive days.
In China, the stock market showed a strong rebound, especially in the technology sector. Wealth stocks such as Ningde Era performed strongly. China Securities also performed well in the US stock market. Alibaba and JD achieved gains of nearly 4% and nearly 3% respectively. Meanwhile, China...
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$Genting Sing(G13.SG$ top priority…👀 bo 103
$Sembcorp Ind(U96.SG$ $Keppel(BN4.SG$ $SIA(C6L.SG$ $Geo Energy Res(RE4.SG$ $Food Empire(F03.SG$ 👀 follow tru days…take some profit if get extended
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$Sembcorp Ind(U96.SG$ $Keppel(BN4.SG$ $SIA(C6L.SG$ $Geo Energy Res(RE4.SG$ $Food Empire(F03.SG$ 👀 follow tru days…take some profit if get extended
Secondary 👀 list $ComfortDelGro(C52.SG$ $Delfi(P34.SG$ $OCBC Bank(O39.SG$ may have bo surprises
May the BIG ang bao 🧧🧧🧧force be with us
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$Synopsys(SNPS.US$ fingers crossed. Hope report is good.
Does moomoo have cfd?
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$Cassava Sciences(SAVA.US$
The Evidence is clear that SAVA, Simufilam, SavaDX, is the real deal and will prove how it really helps patients on many more levels again with Phase 3. There is no more fear or doubt that shorts or bears or bloggers can use. The Citizen Petition was bogus. FDA SPA agreement, SAVA is Life/World Changing . This is History and will save lives !!!
The Evidence is clear that SAVA, Simufilam, SavaDX, is the real deal and will prove how it really helps patients on many more levels again with Phase 3. There is no more fear or doubt that shorts or bears or bloggers can use. The Citizen Petition was bogus. FDA SPA agreement, SAVA is Life/World Changing . This is History and will save lives !!!
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$Cassava Sciences(SAVA.US$
12 month data is out . cognition scores improvement 3.2🚀🙌🏾
12 month data is out . cognition scores improvement 3.2🚀🙌🏾
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$Cassava Sciences(SAVA.US$ Cassava Science rose more than 20% premarket after announcing data on an Alzheimer's study.
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