EUR/USD 1.15681
-0.026%
Gold 4688.80
-0.372%
Oil 102.311
1.578%
USD/JPY 159.548
0.156%
GBP/USD 1.32759
0.060%
GBP/JPY 211.819
0.136%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Iranian government spokesman: The Supreme National Security Council is managed by the president, and supporting the war is one of the important matters he frequently instructs on.Goldman Sachs stated on Tuesday, April 7th, that technology stocks, including US stocks, appear cheap after a prolonged period of underperformance, creating potential entry opportunities for investors. "Weve witnessed one of the weakest periods of relative returns for the technology sector in 50 years," the company said. Multiple factors have contributed to the overall weakness of the technology sector since 2025, prompting investors to shift towards value stocks. These factors include the launch of DeepSeek, massive capital expenditures by US mega-corporations, and the disruptive impact of AI-driven software. These factors have provided opportunities for investors to enter the sector, which currently exhibits strong growth but low valuations. The valuation premium for US mega-corporations has declined and is now almost in line with other parts of the sector. Globally, the IT sectors price-to-earnings ratio is lower than that of the consumer discretionary, consumer staples, and industrial sectors. Goldman Sachs noted that despite the low valuations, the technology sectors earnings performance remains strong. Among the S&P 500 sectors, the market consensus is that the IT sectors Q1 earnings per share will grow by 44%, accounting for 87% of the indexs earnings per share growth.Petroleum LOF: Trading will be suspended from the opening of the market on April 8, 2026 until 10:30 on the same day, and will resume at 10:30 on April 8, 2026.On April 7th, local time, the Japanese House of Councillors voted on the budget bill for fiscal year 2026 (April 2026 to March 2027) in a plenary session. The budget bill passed with a majority vote. The budget bill for fiscal year 2026 was passed by the House of Representatives on March 13th and subsequently submitted to the House of Councillors for deliberation. According to Japanese sources, the total size of Japans 2026 budget bill exceeds 122 trillion yen, a record high. Among them, the defense budget has exceeded 9 trillion yen for the first time, also setting a new record.April 7th - According to a source familiar with the matter, Hungary will reach an agreement to purchase oil from the United States during US Vice President Vances visit to Budapest on Tuesday, just days before the countrys crucial election. The source said that Hungarian energy company Mol will agree to purchase 500,000 tons of oil for approximately $500 million. No further details are currently available. Mol had previously increased its oil purchases from Russia after receiving sanctions waivers from the US and the EU. The agreement will be announced at a press conference between Vance and Hungarian Prime Minister Viktor Orbán. Vance is seeking to support the Hungarian leader, whose independent polls suggest he may be ousted in Sundays election after 16 years in power. US President Trump has repeatedly supported Orbán, an ideological ally of the nationalist camp and a frequent source of problems for the EU.

NASDAQ, S&P 500, Dow Jones Analysis – Traders Keep Buying Tech Stocks

Skylar Shaw

Jan 10, 2023 15:11

微信截图_20230110150335.png

S&P 500 (SPX500)

After the recent advance, traders began to take gains, and the S&P 500 slipped away from session highs. Treasury rates attempted to climb higher but lost steam and dropped to fresh lows, giving equities in today's trading session even more support.


The movement today was significant, and most market categories advanced throughout the trading session. However, the stock sell-offs in Baxter International and Regeneron Pharmaceuticals put pressure on the healthcare sector.


Despite the solid recovery in the oil and natural gas markets, energy equities have also seen small increases. The S&P 500's top performer today was Tesla, which is up more than 7%.

NASDAQ (NAS100) 

As chip stocks increased, the NASDAQ stabilized close to the 11,200 mark. Today's trading session has seen gains of 7% for AMD and NVIDIA.


Investors are purchasing equities that saw significant declines in 2022. Investors are prepared to wager on a robust comeback after stocks like AMD and NVIDIA dropped to fair valuation levels.


The Fed is still hawkish, and the economy might enter a recession, so it is unclear if the present rising momentum will last. The market is now positive, nevertheless, and the demand for riskier assets continues rising.

Dow Jones (US30)

The Dow Jones is now the least successful of the main U.S. indexes. Healthcare companies Merck, Johnson & Johnson, and Amgen are the greatest losses in the Dow Jones index.


Although it should be emphasized that the dynamics of tech companies will decide whether the general market advances higher in the following trading sessions, today's weakness of the Dow Jones is somewhat concerning for the wider market. All indexes will rise if traders keep purchasing tech equities.

Suggestion