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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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Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,316.60, up 0.42%.
● As inflation cools, Macklem says different countries will cut rates at own pace
● Crude oil prices drop as Israel, Iran downplay attacks, easing market concerns, ANZ bank says
● Honda nears deal with Canada to boost electric ve...
● S&P/TSX 60 Index Standard Futures are trading at 1,316.60, up 0.42%.
● As inflation cools, Macklem says different countries will cut rates at own pace
● Crude oil prices drop as Israel, Iran downplay attacks, easing market concerns, ANZ bank says
● Honda nears deal with Canada to boost electric ve...
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Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,302.10, up 0.05%.
● Uncertainty in Canada's tax landscape could weigh on investment: economist
● Lack of investment is a 'big part' of Canada's productivity slowdown — and it could get worse
● Crude oil prices drop amid easing tensions between Iran,...
● S&P/TSX 60 Index Standard Futures are trading at 1,302.10, up 0.05%.
● Uncertainty in Canada's tax landscape could weigh on investment: economist
● Lack of investment is a 'big part' of Canada's productivity slowdown — and it could get worse
● Crude oil prices drop amid easing tensions between Iran,...
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Play safe post one more P/L just in case to complete April P/L challenge
Past April P/L posts:
Bonus: Thank you for 3 months of Nasdaq Totalview
1: March 2024 P/L
2: Slow & steady🐰
3: Daily P/L challenge #3😎
4: 🍎hope u recover soon P/L#4😂
5: Looking good! P/L Challenge#5
6: P/L challenge #6
7: Rain rain go away...P/L challenge #7
8: Slow & steady🐌 P\L challenge #8
9: Weather forecast heavy downpour today...P/L challenge #9
10: P/L Challenge #10
11: P/L challenge #11
Past April P/L posts:
Bonus: Thank you for 3 months of Nasdaq Totalview
1: March 2024 P/L
2: Slow & steady🐰
3: Daily P/L challenge #3😎
4: 🍎hope u recover soon P/L#4😂
5: Looking good! P/L Challenge#5
6: P/L challenge #6
7: Rain rain go away...P/L challenge #7
8: Slow & steady🐌 P\L challenge #8
9: Weather forecast heavy downpour today...P/L challenge #9
10: P/L Challenge #10
11: P/L challenge #11
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After a brief rebound in the US stock market, the S&P 500 index and the Dow Jones Industrial Average declined slightly, while the Nasdaq Composite rose slightly. Among the “Seven Sisters” in the tech sector, Tesla bucked the trend and recorded an increase of nearly 5%, while Meta retreated from its all-time high. The chip industry maintained a positive trend, and TSMC's shares in the US market closed up 1%, despite Nvidia falling 1%.
The strong performance of Tesla's stock price was attributed by some analysts to Elon Musk's urgent announcement of the upcoming autonomous taxi Robotaxi. This move is thought to be aimed at boosting stock prices. At the same time, in addition to its achievements in the graphics processing unit (GPU) performance competition, Nvidia also silently launched NVLink technology, which can significantly increase the data sharing speed between GPU and CPU by 5 to 12 times.
In terms of the US economy, a survey by the Federal Reserve Bank of New York shows that although US inflation expectations seem to remain stable in the short term, concerns about long-term debt have resurfaced. Crude oil prices ended six consecutive gains, while gold hit a record intraday high for seven consecutive days. In the metals market, London copper prices have rebounded to a two-year high, while tin prices have risen by nearly 3.7%, reaching a 14-month high. The price of the cryptocurrency Bitcoin has also risen, once close to a record high.
In the Chinese market, the China Securities Index ended a three-day downward trend. Ideal Auto's stock price rose by nearly 5%, while Baidu's stock price fell by more than 3%...
The strong performance of Tesla's stock price was attributed by some analysts to Elon Musk's urgent announcement of the upcoming autonomous taxi Robotaxi. This move is thought to be aimed at boosting stock prices. At the same time, in addition to its achievements in the graphics processing unit (GPU) performance competition, Nvidia also silently launched NVLink technology, which can significantly increase the data sharing speed between GPU and CPU by 5 to 12 times.
In terms of the US economy, a survey by the Federal Reserve Bank of New York shows that although US inflation expectations seem to remain stable in the short term, concerns about long-term debt have resurfaced. Crude oil prices ended six consecutive gains, while gold hit a record intraday high for seven consecutive days. In the metals market, London copper prices have rebounded to a two-year high, while tin prices have risen by nearly 3.7%, reaching a 14-month high. The price of the cryptocurrency Bitcoin has also risen, once close to a record high.
In the Chinese market, the China Securities Index ended a three-day downward trend. Ideal Auto's stock price rose by nearly 5%, while Baidu's stock price fell by more than 3%...
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$Pfizer(PFE.US$ Where is the science here? We know that the two vaccine shots was not effective, but we know that booster will be? Has any testing been done on how the booster interacts with Omicron? Is there a possibility, remote as it may be, that the booster would make Omicron more precarious?
I really feel disgusted by this push for the booster. We have been lied to related to the vaccine (I am still suffering from its side effects after six months of taking the second shot), and now they want to make the booster mandatory. If this is not appalling, what would be?
I really feel disgusted by this push for the booster. We have been lied to related to the vaccine (I am still suffering from its side effects after six months of taking the second shot), and now they want to make the booster mandatory. If this is not appalling, what would be?
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