Overview
The U.S. stock market is experiencing a rally, driven by strong corporate earnings and trade negotiation optimism, leading to record-high closes. Investors' sentiment is on the rise as economic indicators remain positive despite warnings of potential asset overvaluation.
| Nasdaq Composite | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
Major News Story
- Trade Negotiation Optimism: President Trump's discussions with major countries regarding trade agreements are reviving global investor confidence.
- Robust Corporate Earnings: Over 80% of S&P 500 companies have reported earnings that surpassed expectations, fueling market gains.
- Interest Rate Policy: President Trump and Chairman Powell's meeting has increased expectations for a possible interest rate cut by the Fed. The Fed is likely to hold rates steady before potentially cutting them in the near future.
Tomorrow's Economic Indicators
| Time | Event |
|---|---|
| 08:30 | U.S. Durable Goods Orders |
| 14:00 | U.S. 2-Year Treasury Auction |
General Opinion
With strong corporate earnings and optimism surrounding trade negotiations, the U.S. stock market closed at record highs. Upcoming economic indicators and the Federal Reserve's interest rate policy direction will be key determinants for the future market trajectory. Investors should pay attention to major big tech companies' earnings reports.
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daily stock summary
