Wall Street has digested hawkish signals from Xi Jinping and Federal Reserve officials. The major US stock index closed in the positive on Monday (14), led by real estate and non-essential sectors.Dow Jones Indexdropped more than 200 points,NasdaqIndex down more than 1%, S&P etax halfThe index was down nearly 1% and TSMC’s ADR stock price was up more than 7% after hours.

In terms of politics and economics, Christopher Waller, director of the US Federal Reserve, made hawkish comments on Sunday (13), saying that despite the good news from October’s US consumer price index (CPI) released the last week, the Federal Reserve There is still a long way to go before the end of this round of interest rate hikes.

Federal Reserve Vice Chairman Lael Brainard said on Monday that the central bank would likely cut rate hikes soon, but stressed that the central bank has a lot of work to do to reduce inflation, triggering anxiety among investors.

As the midterm elections continue to count, Democrats retain control of the Senate, while Republicans appear poised to take control of the House of Representatives, albeit by a narrower-than-expected margin.

US President Joe Biden concluded a three-hour meeting with Chinese President Xi Jinping on Monday. Xi Jinping proposed to promote US-China relations to return to healthy and stable development. Biden said US-China policy remains unchanged and opposes Chinese coercion Taiwan as.

In order to establish more frequent communications between the US and China, US Secretary of State Antony Blinken plans to visit China early next year, which is seen by the outside world as a sign of thaw in US-China relations. China.

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Major U.S. liquefied natural gas exporter Freeport LNG said on Monday it could extend the shutdown of its Texas plant through December.

The global novel coronavirus pneumonia (COVID-19) epidemic continues to spread. Ahead of the deadline, data from Johns Hopkins University (Johns Hopkins University) showed that the number of confirmed cases worldwide has exceeded 635 million, and the number of deaths exceeded 6.61 million. More than 12.7 billion doses of vaccines have been administered in 184 countries around the world.

On Monday (14), the performance of the four main US stock indexes:
Of the top 11 S&P sectors, only healthcare posted gains, and the top three losers were real estate (-2.65%), consumer discretionary (-1.71%) and financials (-1.71%). 27%). (Image: finviz)
Focus on the actions

The five kings of science and technology collect more hackers. apple (AAPL-USA) down 0.95%; Alphabet (GOOGL-USA) down 0.74%; Microsoft (MSFT-USA) down 2.25%; Half (META-USA) increased by 1.06%; Amazon (AMZN-USA) down 2.28%.

Dow JonesThe constituent actions have their ups and downs. Walmart (WMT-USA) down 2.94%; Home Depot (HD-USA) down 2.55%; Dow Chemical (DOW-US) down 2.24%; Merck (MRK-USA) +2.44%; Johnson & Johnson (JNJ-USA) increased by 1.57%.

tax halfConstituent stocks were generally weak. Nvidia (NVDA-USA) down by 0.20%; Applied Materials (AMAT US) fell 2.64%; Texas Instruments (TXN-USA) down by 1.14%; microns (MU-US) down by 1.18%; intel (INTC-US) down 0.26%; Qualcomm (QCOM-USA) down 0.52%; AMD (AMD-USA) increased by 1.60%.

Taiwan stock ADR received more black. TSMC ADR (TSM-USA) down by 1.40%; ASE ADR (ASX-USA) fell 1.75%; UMC ADR (UMC-USA) fell 1.37%; Chunghwa Telecom ADR (US CHT) up 0.14%.

Company news

TSMC ADR (TSM-USA) closed down 1.40% at US$72.80 per share, and was up more than 7% after hours. The latest documents show Warren Buffett’s Berkshire Hathaway and hedge fund Tiger Global both just bought TSMC.

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amazon (AMZN-USA) fell 2.28% to $98.49 per share. The tsunami of tech layoffs has arrived, and Amazon plans to lay off 10,000 employees, kicking off the layoff plan as early as this week, which could be the largest layoff in company history.

Federal Express (FDX-USA) fell 0.44% to $174.76 per share. FedEx Freight, the freight unit of FedEx, confirmed over the weekend that the company will place some truck drivers on unpaid leave in early December, primarily due to current trading conditions impacting freight volumes.

apple (AAPL-USA) fell 0.95% to $148.28 per share. Apple is not looking to add more advertising to the iPhone and is pleased with current revenue growth, the sources said.

Global automaker Stellantis (STLA-US) fell 0.47% to $14.80 per share. German chipmaker Infineon announced on Monday that it has partnered with global automaker Stellantis (STLA-US) has signed a non-binding memorandum of understanding (MoU) for the supply of SiC semiconductors for several years.

Roche ADR (RHHBY-US) fell 4.58% to $41.27 a share. Roche’s Alzheimer’s pharmaceutical unit’s drug candidates have failed to show an effect on slowing the progression of dementia, with rival Biogen (BIIB-USA) increased 3.32%, Eli Lilly (Eli Lilly) (LLY-US) received a 1.00% bonus.

Wall Street analysis

Jake Schurmeier, Portfolio Manager at Harbor Capital Advisors, said: “I think Branard’s comments emphasize the uncertainty of the tightening cycle and the FOMC’s reliance on data, and he doesn’t want to slow the pace of rate hikes and ease restrictions. . confuse each other”.

“It makes sense for the market to pause its rally, as investors are actually trying to figure out the Fed’s policy path and what’s next,” said Yung-Yu Ma, an investment strategist at BMO Wealth Management.

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The numbers are all updated before the deadline, please refer to the actual quotation


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