The US stock index closed nearly 1.3% lower on Wednesday The Federal Reserve will hold an interest rate meeting next week. The gains in technology stocks have cooled. Taiwan index futures also fell 40 points in the night session. The seven major obstacles are expected of legal persons In the short term, we still need to pay attention to the risk of raising and withdrawing.
The Dow Jones index rose 0.27% to close at 33665.02 points on Wednesday, the Nasdaq index fell 1.29% to close at 13104.9 points, the S&P 500 index fell 0.38% to close at 4267.52 points, and the Feiban fell 0.3347% to close at 1. points; In the night session, it fell by 40 points to 16850 points.
In terms of domestic and foreign news, the Federal Reserve will hold a monetary policy meeting on June 13-14. At the moment, Fed officials have entered a period of silence before the meeting. The market expects that there will be a probability of an increase in the interest rate of the Fed. In June it will be around 70%, The probability of raising interest rates in July is around 66%, which is expected to be the last rate hike this year.
10 Tesla (TSLA-US) vehicles are eligible for a $7,500 tax credit, and the Mongolian government welcomes the prospect of Tesla building an electric vehicle battery factory in Mongolia.
Lin Enping, CEO of Largan (3008-TW), pointed out that the peak demand season for the market in the second half of the year, the current research and judgment on the momentum of customer shipments, is expected to perform’ n better in July than in June, but the inventory of the current market mobile phone, semiconductor (AP) components, and even the inventory of sensing components is still very high, which is still a negative factor for eliminating mobile phones.
Huang Shuike, general manager of Jingce (6510-TW), a large test interface manufacturer, said that last month, customers were still cutting orders, and this month has slowed down, and even started to increase orders. In addition , in response to 3DIC, heterogeneous integration and other technologies, are developing fields The self-made 35um probe is the only one in the world, and will begin small-scale production in the fourth quarter at the earliest.
Formosa Plastics and Four Treasures announced their results and released their forecasts. Formosa Plastics and Formosa Chemicals expect revenue in the second quarter to decline compared to the first quarter, but Nanya is optimistic about this quarter and expects to increase quarter by quarter in the second half of the year Formosa Plastics and Chemicals expects oil prices to decline. It will rise slightly. Taiwan’s exports fell nine times in a row The Ministry of Finance announced that the export value in May totaled US$36.13 billion, a decrease of 14.1% compared to the same period last year (2022); accumulated exports in the first five months were US$169.81 billion, an annual decrease of 16.9%.