EUR/USD 1.12095
0.088%
Gold 4204.56
0.222%
Oil 89.583
-1.404%
USD/JPY 158.222
-0.032%
GBP/USD 1.32442
0.030%
GBP/JPY 209.558
-0.001%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Vietnam Oil and Gas Company: Seeking delivery of 1.5 million million British thermal units (MMBtu) of spot liquefied natural gas between October 15 and November 10.On October 12, Russian Presidential Press Secretary Dmitry Peskov stated on the 11th that it is important for Russia to have people within the Kyiv regime demonstrate the political will to accept reality and promote a peaceful resolution to the Ukraine crisis.On October 12th, Honor announced that the Honor WIN2 series will be launched on October 21st at 14:30. The new product is positioned as a "gaming phone" and features a "red and blue buff" gradient design. It will go on sale immediately upon launch.Copernicus Climate Change Service: Global temperatures continue to rise above 1.5°C, making this September the second warmest September on record.On October 12th, DBS Group CEO Shushan Chen stated that the market is reassessing the risks associated with investments in artificial intelligence (AI) infrastructure, which could lead to a more cautious AI financing environment. She said, "The market has sent a signal. This isnt a bad thing, because investors are now demanding higher returns and paying more attention to financing structures." Chen pointed out that the market is examining whether the large amounts of capital invested in the AI capital expenditure ecosystem can generate sufficient long-term returns to ultimately repay debt, bond, or equity investors. DBS believes that some weaker companies may face the risk of credit rating downgrades. However, Chen believes this risk repricing is "healthy" because the market wants to ensure that large-scale AI investments are sustainable and have long-term profitability. She stated, "The market is confirming whether these huge investments are truly sustainable." Chen revealed that DBS has participated in approximately $20 billion in AI-related transactions this year, mostly as the lead arranger for syndicated loans, but the bank itself only holds a small portion of the risk exposure.

NASDAQ, S&P 500, Dow Jones Analysis – Stocks Rebound After Yesterday’s Pullback

Cory Russell

Feb 01, 2023 15:25

微信截图_20230201151811.png

S&P 500

S&P 500 gained ground as traders bought stocks after yesterday’s pullback and continued to prepare for the Fed decision, which will be released tomorrow.


It looks that economic data did not have a significant impact on today’s market dynamics. Case-Shiller Index confirmed the slowdown of the housing market, which was not surprising as interest rates remained at high levels. CB Consumer Confidence report missed analyst expectations.


General Motors was among the biggest gainers in the S&P 500 today. The stock was up by 8% as traders reacted to the better-than-expected earnings report.


Ford stock gained 4% as traders bet that the company’s results would also exceed forecasts. Ford will release its earnings report on February 2, after the market close.


Today’s rebound was broad, and all market segments moved higher. Utilities stocks underperformed as demand for safe-haven assets declined.

NASDAQ

NASDAQ moved back above the 12,000 level as tech stocks rebounded after yesterday’s pullback.

Traders should note that tech stocks are especially sensitive to changes in Fed policy outlook, so NASDAQ will be volatile tomorrow, after the release of the Fed decision.


NASDAQ has been moving higher since the beginning of the year as traders bet on a less hawkish Fed. In case Fed’s commentary is too hawkish, NASDAQ will find itself under material pressure.

Dow Jones

Dow Jones also enjoyed strong support in today’s trading session. The sell-off in Caterpillar shares, which declined by 3.5% after the company’s earnings missed expectations, did not hurt the performance of the index.

Suggestion