, which has been falling sharply, , the U.S. stock , finally ushered in a sharp rebound last night, with the U.S. stock Dow Jones Industrial Average rising 2.66%; , S&P 500, , 2.59%; and Nasdaq rose 2.27%. Among them, energy, technology stocks , non-ferrous metals performed strongly, Apple , Microsoft rose more than 3%, US Aluminum rose more than 11%, and ConocoPhillips rose more than 7%. Tesla released delivery data for the third quarter of 2022, with delivery volume of 343,830 units, a record high, but below the expected Wall Street of about 358,000 units, and Tesla plummeted 8.61% last night.
Currently analyzing the trends of US stocks and even global stock markets, the core factor is The Federal Reserve's interest rate hike . In history, every round of Fed interest rate hike cycle will have different degrees of impact on the global financial market, and Fed Every interest rate cut and release cycle will also give birth to a large market for various assets.
U.S. stocks want to usher in a reversal, not to mention that the Fed has begun to cut interest rates, at least it will be over the end of rate hikes. Since the current U.S. inflation is highly sticky and must be controlled at the cost of US economic recession and rising unemployment rate. Therefore, the U.S. economic recession is actually a good thing for US stocks.
Last night, the United States announced the September ISM manufacturing PMI index was 50.9, a sharp decline compared with August, and was significantly lower than market expectations, close to the boom and bust line, hitting a new low in more than two years. The main reason is that manufacturing orders contracted for the third time in four months, and US construction expenditures fell for three consecutive months, among which residential construction expenditures led the decline, reflecting the decline in the housing market brought about by mortgage interest rate production.
In addition, market rumors Credit Suisse may encounter a "Lehman-style crisis", exuding a chaos in the financial crisis. Countries are also dissatisfied with the Federal Reserve's "being neighbors" interest rate hikes. Investors began to expect the Federal Reserve to adjust the pace of interest rate hikes when the possibility of a crisis breaks out.
Last night, the yield on the US 10-year Treasury bond plummeted, falling more than 20 basis points. The dollar index also rebounded continuously. The strong dollar, which caused the global stock market to plummet in the early stage, showed signs of easing, and the global financial market is expected to usher in a respite.
As the yield rate of US dollar and US bond fell sharply, gold, silver, crude oil and other factors rebounded sharply. The most active December gold futures market trading price in the New York Mercantile Exchange rose by $30 on the 3rd compared with the previous trading day, closing at $1,702 per ounce, an increase of 1.79%. International oil prices rose sharply on the 3rd, and last night, Brent crude oil futures rose by more than 4%.
Today, the Asia-Pacific stock market also rose generally. As of press time, the Nikkei index rose by 2.17%, the South Korean comprehensive index rose by 1.95%, and the Hong Kong stock has not opened yet. Yesterday, the Hong Kong stock market fell sharply and the Rich Country China A50 Futures Index also fell sharply, which caused many investors to worry. In fact, during the closing of A shares, it is very common for foreign capital to short the Hong Kong stocks and A50. It is more based on the risk preference in the international market, which has little to do with the fundamentals of A-shares. After the A-share market opens, if the A-share trend is strong, Hong Kong stocks and A50 will still rise obediently. Foreign capital will be disgusting for a long time.
Risk warning:
The stock market is risky, investment should be cautious. This article does not constitute investment advice. Readers need to think independently of
