US Stock Log: Profitable Trend Amidst Poor Data
- stock indexes have different trends, and consumption data are not ideal.
- With strong support, the Dow Jones Index once hit a new high, with a close increase of about 30 points.
- l Dow Jones Index Up 34.86 points or 0.02% to 44,946.12 points.
The three major U.S. stock indexes have different trends, and consumption data are not ideal. In addition, Trump revealed that chip tariffs may be as high as 300%, which is not conducive to the stock market atmosphere. Some investors choose to make profits, and the S&P 500 and Nasdaq index are downward;
With strong support, the Dow Jones Index once hit a new high, with a close increase of about 30 points. In summary, the three major indexes rose for the second week in a row, among which the Dow Jones Industrial Average performed better, up more than 1%.
Foreign currency instant quotes in US Stock Stock Exchanges
Market conditions on August 15 (Friday)
l Dow Jones Index Up 34.86 points or 0.02% to 44,946.12 points. In summary, the Dow Jones Industrial Average rose 1.75%.
l S&P 500 Index It fell 18.74 points or 0.29% to 6,449.80 points. Up 0.93% throughout the week.
l Nasdaq Index It fell 87.69 points or 0.40% to 21,622.98 points. This week rose 0.79%.
l New York September oil futures It closed at $62.80 per barrel, down $1.16 or 1.8%. It fell 1.7% in a week.
l New York December gold futures It closed at 3,382.6 yuan per ounce, down 0.6 USD or less than 0.1%. It fell 3.1% throughout the week.
l Bitcoin As of 5 p.m. Eastern Time, it was down $572.02 or 0.48%. This week rose 0.74%.
l U.S. 10-year Treasury bonds Closed at 4.328%, up 3.5 points. 4.3 points per week.
United Health was attracted by the stock god while it was taking advantage of the low price, and the stock price rose sharply by more than 10% to close, and supported the Dow Jones Industrial Average to close against the market.
Chips and related stocks generally fell.MicronFalling more than 3%,AMDandBroadcomFalling more than 1%,NvidiaSoft. Trump said he will set semiconductor tariffs in the next two weeks: “I may set the tax rate at 200%, 300%?”
Semiconductor equipment providerApplied MaterialsThe stock price fell about 14%, and its operating guidelines were not as optimistic as the market, reflecting the decline in demand for sales in China, causing tariff-related performance concerns.CiscoThe stock price fell 4.4% because the expectations for this quarter were not as expected by the market.
IntelThe market is rising against the market, Bloomberg reported that the Trump administration is considering using the CHIPS Act funds to invest in the company.
Financial stocks fell across the board, and the survey showed that Americans’ consumption intentions may decline. The University of Michigan Consumer Confidence Index was 58.6 in early August, down from 61.7 in July, and far below market expectations of 62.
Consumer confidence fell for the first time in four months, mainly due to increased concerns about inflation and a sharp deterioration in terms of purchasing durable goods. Meanwhile, inflation expectations rose sharply from 4.5% to 4.9% in the coming year.
The U.S. Census Bureau announced that retail sales rose 0.5% month-on-month in July, lower than economists’ expectations of 0.6%. However, after consumption significantly declined this spring, it still showed a steady recovery.