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Home / taiwan / US stock market – happy! US-China negotiations next week "Shanghai" debut Dow Jones boosted more than 150 points | Anue Yu Heng

US stock market – happy! US-China negotiations next week "Shanghai" debut Dow Jones boosted more than 150 points | Anue Yu Heng



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Tuesday (23rd). A new round of talks between the US and China was announced on Monday in Shanghai, strong Coca-Cola profits and other successes, while four major US stock indices rose simultaneously, while the Dow Jones index increased by more than 150 points.

On Tuesday (23), the US achieved four major index results:

  • The Dow Jones stock exchange index rose 177.29 points. By 0.65% to 27349.19 points.
  • The Nasdaq index rose by 47.27 points. 0.58%, to 8251.40 points.
  • The S & P 500 index has risen by 20.44 points. 0.68%, to 3005.47 points.
  • The Philadelphia Semiconductor index increased by 19.18 points. 1.23%, so it was 1573.27 points.
In the 11 main sectors of Standard & Poor's, only a segment of public utilities declined, while the material, industrial and financial sectors made profits. (Photo: finviz)
In the 11 main sectors of Standard & Poor's, only a segment of public utilities declined, while the material, industrial and financial sectors made profits. (Photo: finviz)

Fangi rose slightly. Apple (AAPL-US) increased by 0.78%, Alphabet (GOOGL-US) increased by 0.78%, Facebook (FB-US) increased by 0.020%, and Amazon (AMZN-US) by 0.45% and Netflix (NFLX-US) by 1.07%.

The Wall Street Journal reported on Tuesday that the US Department of Justice was conducting an antitrust investigation on Facebook, the subsidiary of Alphabet Google, Apple and Amazon, which led to a drop in share prices after four-speed technology supplies.

Semiconductor inventories were almost up, NVIDIA (NVDA-US) increased by 2.53%, KLA-US by 2.20%, AMD (AMD-US) by 1.95%, Intel (INTC-US ) by 0.78%. Due to Apple's expectation of buying Intel next week, Qualcomm (QCOM-US) fell by 2.41%.

The financial stocks rose together, Morgan Stanley (MS-USA) rose by 1.33%, Bank of America (BAC-US) by 2.32%, and JP Morgan Chase (JPM-US) by 1, 78% and Goldman Sachs (GS-US) by 2.56%; C-US) increased by 1.25%.

Taiwanese ARS. TSMC ADR (TSM-US) fell by 0.40%, Sun Moonlight ADR (ASX-US) increased by 1.12%, Chunghwa Telecom ADR (CHT-US) by 0.03%, AUO ADR AUO-US) by 0.35%, UMC ADR (UMC-US) USA) fell by 0.47%.

Business news

Due to the success of the new beverage formula, Coca-Cola (KO-US) was the latest profit report better than expected, triggering a 6.07% increase in the share price, a major Dow Jones winner, reaching the 52-week highest value 54.64. .

The last report on the revenue of UTC also worked well, and the company also raised the forecast of annual profit and the organic sales forecast, which prompted the rise in the share price by 1.2%.

Wall Street Analysis

CNBC announced on Tuesday that a new round of US-China trade negotiations will begin next week, Bloomberg reports, that the US-China negotiations will start next Monday until Wednesday, while the US delegation will be led by Wright Heyzer, a trade representative.

Kay Anderson Rudnick Chief Investment Officer Doug Foreman said: "Every new trading news will be welcomed. I think that there will be no progress in trade between the US and China, but positive factors will have a positive impact on the market."

Peter Cardillo, Chief Market Economist at Spartan Capital Securities, said: "The US equity market reflects the possibility of corporate earnings and the easing of monetary policy, which has made the investors gather on the stock market."

According to FactSet, more than 18% of S & P 500 companies report revenue for the second quarter. More than 78% of these companies are better than expected. FactSet expects business revenues to fall by 3%.

Brian Kersmanc, senior investment analyst at GQG Partners, said: "The boundaries between developed and emerging markets, American and international markets are becoming very vague. One of the biggest risks is that people underestimate the fact that American companies actually rely on international and emerging markets In order to achieve a growth rate. "


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