JPMorgan CEO Dimon: The US stock market is "a bit overvalued".
Damon stated that the asset prices in the USA stock market are "somewhat overvalued," and by any measure, asset prices are in the top 10% or 15% of historical valuations. Certain parts of the bond market, such as sovereign debt, are also at "historical highs."
US stock market early session | AI Concept stocks surged across the board, SoftBank's ARM soared by 15%, Taiwan Semiconductor's stock price reached a new high; the AI Industry Chain exploded, Nuclear Power stocks and Robot Concept stocks strengthened, PDY
Moderna once rose over 13%, receiving $0.59 billion for the development of Biological Vaccine; Tesla fell nearly 1%, and the AI Infrastructure project did not mention Tesla.
Famous research company: The historic bull market of the Nasdaq 100 is not over yet.
The head of technical analysis at Evercore ISI believes that both the Nasdaq 100 and the S&P 500 seem poised to reach historical highs in the first quarter.
The S&P 500 Index is nearing a new high, and the Nasdaq rose by more than 200 points in the early session, led by Technology stocks.
Technology stocks surged on Wednesday, with the S&P 500 Index approaching an all-time high once again, opening up 32 points or 0.5%, reaching 6,081 points, about half a percent away from the historical peak. Following Netflix (NFLX.US) surpassing 0.3 billion paid subscribers, the company's stock price skyrocketed by 12% in early trading, causing the Nasdaq to outperform the three major indexes, opening up 146 points or 0.7% and then widening the early gains to 200 points or 1%. Procter & Gamble (PG.US) saw its stock price increase over 3% due to better-than-expected earnings last quarter, boosting the Dow Jones, which opened up 152 points or 0.4%, reaching 44,178 points. USA
Express News | All three major U.S. stock indexes opened higher, with the Dow Jones rising by 0.36%, the Nasdaq by 0.74%, and the S&P 500 Index by 0.58%. Oracle surged over 11% after announcing a joint venture with OpenAI and SoftBank to invest heavily in AI infrastruct
Former Federal Reserve "third in command": Forget about the Federal Reserve, Trump is the focus.
Former New York Federal Reserve President Dudley stated that the outlook for the USA economy will depend more on how and to what extent Trump implements his plans for tariffs and deportations.