Impacting the movement of $7 trillion in funds! The Russell index undergoes a "major revision" with restrictions on company weights.
Revised index for Russell growth stocks and value stocks: the weight of a single company does not exceed 22.5%, and the total market value of companies with a weight of 4.5% or more does not exceed 45% of the index.
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Weekend reading | The US election voting day is approaching! Three perspectives on the impact fluctuations.
Overall, the US economy is currently on a steady landing trajectory, with a slowdown but not too rapid decline. This process may be completed during the next presidential term, and the impact from the economic cycle may still be more powerful than the president's policy in the trend over the next four years.
Wall Street review of October non-farm payrolls: the data is very poor, but it does not affect the Federal Reserve's 25 basis point rate cut this month.
In the USA, the non-farm payroll employment in October plummeted to 0.012 million, far below expectations, with a 4.1% unemployment rate meeting expectations. Nick Timiraos, a Wall Street Journal reporter known as the 'New Federal Reserve News Agency,' stated that the analysis of this employment report can be subjective, with most Wall Street analysts believing that the poor data was mainly due to two hurricanes in October and the Boeing strike, but some analysts are also concerned that the job market is indeed deteriorating. Almost all analysts believe that this report will not affect the expected 25 basis point rate cut by the Federal Reserve this month.
Are U.S. stocks in danger? This important indicator has hit a new high in two and a half years.
In the final weeks before the presidential election on November 5th, the sentiment on Wall Street tends to be optimistic, this "contrarian signal" may indicate that there is limited upside potential for the stock market in the usa.
What are the common driving and ending signals for the simultaneous rise of US stocks and gold?
In the past 2 years, the US stock market and gold have risen together. In the past 6 instances when the US stock market and gold rose together for at least 2 years, the US dollar index fell. Since 2023, two possible reasons for loose liquidity are: (1) Non-US central banks lowered interest rates before the Federal Reserve, leading to a global liquidity overflow effect that boosted US stocks and gold. (2) Liquidity released through other means in the United States offset the Federal Reserve's balance sheet reduction, resulting in significant liquidity loosening. It is expected that the US economy will accelerate its downturn in 2025, causing a reversal in dollar liquidity, and the resonance rise in US stocks and gold over the past 2 years due to liquidity expansion will reverse.
Tesla Investor Says EV Giant Will 'Admit' It Needs Lidar Despite Elon Musk Calling It A Crutch
Investing 200 billion this year and planning to increase investment next year! The third quarter report reveals the big bets made by the four giants in Silicon Valley on AI.
Microsoft, Meta, Google, and Amazon are expected to reach a record-breaking total capital expenditure of over $200 billion this year, with executives warning of even higher spending next year. They are all trying to convince Wall Street that these massive investments will make their future business more profitable than their current business of selling digital ads, commodities, and software.
Dow Jones is shocked by the reorganization! Nvidia is about to enter splendidly, while Intel exits sadly.
①Nvidia will replace Intel, Sherwin-Williams will replace Dow Inc in the Dow Jones Industrial Average index, effective before the opening on November 8. ②This adjustment aims to ensure higher representativeness of the semiconductor industry and materials industry. Nvidia's inclusion reflects the vigorous development of artificial intelligence and the significant transformation in the semiconductor industry.
Amazon's performance 'exploded', stock price soared! Bezos plans to cash out over 3 billion US dollars.
Just as amazon's performance 'explodes', the stock price soars, amazon's founder Bezos plans to reduce his shareholding to cash in. On Friday local time, a regulatory filing showed that Bezos plans to sell approximately 16.35 million shares of amazon stocks, expecting to cash in over $3 billion. After post-market trading on that day, amazon dropped by 0.44%.
Goldman Sachs trader exclaimed that the current trading is rare: I don't remember when the "panic index" exceeded 20, and clients are still uniformly bullish.
Goldman Sachs traders have also found that hedge funds continue to trade as "winners of Republican policies" at an extremely high speed. If Harris is elected, these recently increased positions will be drastically liquidated; a month ago, clients' views were "risk reduction" and "wait and see", until the election results were announced, now completely changed, clients have started to take an aggressive stance on Trump trades, shorting the tariff basket, going long on the Republican policy theme basket, and going long on cryptos ETF.
Top 20 turnover | nvidia rose nearly 2%, with a turnover exceeding 28.1 billion US dollars; amazon soared over 6% after performance, with a turnover exceeding 19.8 billion US dollars
On Friday, Nvidia ranked first in trading volume in the US stock market, with a 1.99% increase, trading $26.528 billion. Amazon ranked second with a 6.19% increase, trading $19.592 billion. Apple, the third, dropped by 1.33%, trading $14.138 billion.
U.S. stocks closed | The three major indexes all rose! Amazon's post-performance surged more than 6% to a three-and-a-half-month high, nvidia rose nearly 2% and will be included in the Dow.
On Friday, November 1st, despite the disappointing Apple earnings report, weak US October non-farm payrolls boosted rate cut expectations, coupled with the bullish reports of Amazon and Intel, lifting the optimistic sentiment in the technology sector. The Nasdaq, up nearly 1.5%, and semiconductor indices up nearly 2.2%, bid farewell to two consecutive days of declines. However, looking at the week as a whole, both the Nasdaq and Nasdaq 100 said goodbye to the previous seven weeks of consecutive gains.
Changing times! Nvidia will be included in the Dow Jones Industrial Average, replacing Intel.
On Friday, November 1st, in the post-market trading of US stocks, S&P Dow Jones Indices announced that Nvidia (stock code: NVDA) will be added to the Dow Jones Industrial Average, replacing Intel (code: INTC) as the current chip sector component stock. Another adjustment announced for the Dow index is that Sherwin-Williams Co. (code: SHW) will replace Dow Inc. (code: DOW).
NVIDIA And Sherwin-Williams Set To Join Dow Jones Industrial Average; Vistra To Join Dow Jones Utility Average
Market Volatility Soars Ahead Of Elections, Tech Earnings Mixed, Strikes And Hurricanes Knock Employment Down: This Week In The Markets
SPDR S&P 500 ETF Options Spot-On: On November 1st, 8.1 Million Contracts Were Traded, With 20.36 Million Open Interest
On November 1st ET, $SPDR S&P 500 ETF(SPY.US)$ had active options trading, with a total trading volume of 8.1 million options for the day, of which put options accounted for 57.12% of the total
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