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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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From YouTube
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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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Dividend growth stocks are a time-honored tool for building wealth. With the right approach, these investments can offer a dual benefit of regular income and the potential for capital appreciation. The foundation of a sound dividend growth strategy rests on identifying companies that are not only well-managed but also boast solid financials and a track record of steadily climbing earnings.
A recent Nuveen report highlights...
A recent Nuveen report highlights...
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I missed this rocket $PIE(7095.MY$ , which its share prices jumped from around RM3.80 level to highest near RM6 level, more than 50% gains in just these 2 days!
Quoted from Theedge news: "PIE Industrial extends rally to new all-time high as Kenanga flags new client", a very strong catalyst to the company performance
$PIE(7095.MY$ Daily Chart
From recent low Nov 2022, PIE saw a steady bullish trend, which green candlesticks more than the red, signaled buyer ...
Quoted from Theedge news: "PIE Industrial extends rally to new all-time high as Kenanga flags new client", a very strong catalyst to the company performance
$PIE(7095.MY$ Daily Chart
From recent low Nov 2022, PIE saw a steady bullish trend, which green candlesticks more than the red, signaled buyer ...
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Deposited another $210. The whole last week I was thinking why do I / other people invest in US shares, and could not find an answer… As an investor, i want to receive return on my investments, but average dividend income is only around 3% (hmm not much 🤔). ChatGPT and other people may say that in average US market grow around 7-10% (depending on different source of information). Well, maybe whole market is growing, but shares of any individual company, not sure… they may grow...
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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 1,327.30, down 0.65%.
● Bank of Canada says June interest rate cut 'within the realm of possibilities'
● How will the Bank of Canada's interest rate decision impact real estate?
● US crude oil stocks post week-over-week build of nearly 6 million barrels, EIA reports
● St...
● S&P/TSX 60 Index Standard Futures are trading at 1,327.30, down 0.65%.
● Bank of Canada says June interest rate cut 'within the realm of possibilities'
● How will the Bank of Canada's interest rate decision impact real estate?
● US crude oil stocks post week-over-week build of nearly 6 million barrels, EIA reports
● St...
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