◀ Anchor ▶
Let’s connect with Shinyoung Securities and learn about the New York Stock Exchange overnight.
Caster Ahn Ye-eun, please tell me.
◀ Ye-eun Ahn/Shinyoung Securities ▶
This is Shinyoung Securities.
The three major New York stock market indices rose simultaneously. The Dow and S&P 500 rose 0.4% and 0.7%, respectively, reaching record highs, while the Nasdaq also rose 0.8%.
Although there were no announcements of economic indicators that could have an impact on the market, the ‘downtrend in international oil prices’ and expectations of ‘improvement in corporate performance’ in the third quarter drove up stock prices.
By stock, the strength of semiconductor-related stocks stood out. ‘Nvidia’ rose 2.4%, breaking an all-time high, and ‘ARM’ also showed a sharp rise of 6.8%.
In addition, ‘Micron Technology’ also rose 1.3%. Tesla, which fell nearly 9% in last weekend’s trading, closed up 0.6%.
International oil prices plunged by more than 2%, and ‘West Texas Crude Oil’ closed at the $73 per barrel level, down 2.2% as OPEC lowered its demand forecast for this year again.
Starting this week, companies are scheduled to announce their third quarter earnings in earnest. Financial stocks such as ‘Goldman Sachs’ and ‘Morgan Stanley’ and ‘Netflix’ are scheduled to report earnings, and the market expects them to show good ‘profit growth’.
Until now, it was Shinyoung Securities.
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