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The US stock market showed a strong rebound trend this week. Among them, the S&P 500 Index and the Nasdaq Index both achieved gains of more than 1% for two consecutive days, and the Dow Jones Index also rose for four consecutive days, reaching the highest point in two weeks. The performance of technology stocks was particularly impressive. In particular, Nvidia had a cumulative increase of nearly 4% within two days, making it the leading gainer among the “Seven Sisters” of technology. After falling for seven consecutive days, Tesla experienced a sharp rise of 11% after the after-hours earnings report was released.
In terms of US economic data, the poor performance of the PMI data led to a record low in US bond yields, and the US dollar index hit a new low of more than a week. Meanwhile, the yen quickly rebounded after hitting a new low since 1990. Crude oil prices achieved a V-shaped reversal within a day, and gold and silver prices also rebounded sharply from intraday lows. Furthermore, the price of rentin plummeted by more than 7%, while the price of copper continued to fall from a two-year high.
Against the backdrop of a sharp drop in revenue in the first quarter, Tesla still expects to launch humanoid robots next year, and plans to release more details about its cheap models on August 8. These are all the focus of market attention, and Tesla surged 11% after the market focused. Meanwhile, Apple plans to release the new iPad at a special event on May 7, despite a 19% drop in iPhone sales in the Chinese market.
In the European market, the pan-European stock index also recorded an increase of more than 1%, the biggest one-day increase in three months, and the British stock market continued to hit record highs. Software giant SAP's stock price surged more than 5% after announcing its earnings report.
In the city of China...
In terms of US economic data, the poor performance of the PMI data led to a record low in US bond yields, and the US dollar index hit a new low of more than a week. Meanwhile, the yen quickly rebounded after hitting a new low since 1990. Crude oil prices achieved a V-shaped reversal within a day, and gold and silver prices also rebounded sharply from intraday lows. Furthermore, the price of rentin plummeted by more than 7%, while the price of copper continued to fall from a two-year high.
Against the backdrop of a sharp drop in revenue in the first quarter, Tesla still expects to launch humanoid robots next year, and plans to release more details about its cheap models on August 8. These are all the focus of market attention, and Tesla surged 11% after the market focused. Meanwhile, Apple plans to release the new iPad at a special event on May 7, despite a 19% drop in iPhone sales in the Chinese market.
In the European market, the pan-European stock index also recorded an increase of more than 1%, the biggest one-day increase in three months, and the British stock market continued to hit record highs. Software giant SAP's stock price surged more than 5% after announcing its earnings report.
In the city of China...
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Moomoo, one of the world’s leading investment and trading platforms, and Nasdaq celebrate their six-year collaboration and announced a new Global Strategic Partnership to continue promoting investor education and market access. The signing ceremony of the Global Strategic Partnership was held in Singapore on April 18.
Officially launched in Canada since September 2023, moomoo aims to empower Canadians to make sophisticated investment decisi...
Officially launched in Canada since September 2023, moomoo aims to empower Canadians to make sophisticated investment decisi...
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Cpi came in hotter than expected.
This is bad! The FEDs will reduce the rate cuts and maybe even raise rates.
$Arm Holdings(ARM.US$ $Riot Platforms(RIOT.US$ $iShares Core S&P 500 ETF(IVV.US$
$ProShares UltraPro Dow30 ETF(UDOW.US$ $S&P 500 Index(.SPX.US$ $Tesla(TSLA.US$ $VanEck Gold Miners Equity ETF(GDX.US$
This is bad! The FEDs will reduce the rate cuts and maybe even raise rates.
$Arm Holdings(ARM.US$ $Riot Platforms(RIOT.US$ $iShares Core S&P 500 ETF(IVV.US$
$ProShares UltraPro Dow30 ETF(UDOW.US$ $S&P 500 Index(.SPX.US$ $Tesla(TSLA.US$ $VanEck Gold Miners Equity ETF(GDX.US$
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According to MooMoo its been 773 days and counting. So glad I joined 2yrs ago. Started my journey from ZERO knowledge of how to trade stocks, to options trading somewhat confidently now.
Its a win win when I can trade stocks 📈 and have Smart Subscription to Cash funds 💵 to not let my money idle. (Happy to see daily growth in my cash plus funds) $CSOP USD Money Market Fund(SGXZ96797238.MF$ $Fullerton SGD Cash Fund(SG9999005961.MF$ $Fullerton Fund - Fullerton SGD Liquidity Fund(SGXZ40088619.MF$
Its a win win when I can trade stocks 📈 and have Smart Subscription to Cash funds 💵 to not let my money idle. (Happy to see daily growth in my cash plus funds) $CSOP USD Money Market Fund(SGXZ96797238.MF$ $Fullerton SGD Cash Fund(SG9999005961.MF$ $Fullerton Fund - Fullerton SGD Liquidity Fund(SGXZ40088619.MF$