US stocks record strong profits for the third week in a row.. Why?

US stocks record strong profits for the third week in a row.. Why?

Wall Street Stock Exchange US stock indices recorded notable increases during trading in the week ending November 17, continuing their series of gains for the third week in a row, supported by the slowdown in US inflation along with the decline in US Treasury bond yields and the avoidance of a government shutdown scenario. With … Read more

The next day of national medical insurance negotiations: Representatives from Hengrui and Fosun showed up to discuss only one drug with AstraZeneca

The next day of national medical insurance negotiations: Representatives from Hengrui and Fosun showed up to discuss only one drug with AstraZeneca

On November 18, the 2023 national medical insurance negotiations entered the second day. AstraZeneca,Hengrui Medicine(600276)、Fosun Pharma(600196)、Kelun Pharmaceutical(002422) and other well-known pharmaceutical companies appeared. AstraZeneca Vice President Huang Bin, who has led many teams in medical insurance negotiations, appeared again. He told The Paper that only one drug was discussed. Representatives of pharmaceutical companies walk out … Read more

U.S. stocks were almost flat, with the S&P rising for three consecutive weeks, the longest winning streak since July | Anue Juheng – U.S. Stock Radar

U.S. stocks were almost flat, with the S&P rising for three consecutive weeks, the longest winning streak since July | Anue Juheng – U.S. Stock Radar

Investors digested the signs of economic slowdown, major retailers issued excellent financial reports, and the main US stock index closed almost unchanged on Friday (17th). American apparel brand GAP and American discount retailer Ross Stores led the retail stocks higher as their financial reports exceeded expectations. Energy stocks surged on Friday, recovering from the previous … Read more

Bureau of Statistics: Sales prices of commercial residential buildings in all tier cities dropped month-on-month in October, with mixed gains and losses year-on-year.

Bureau of Statistics: Sales prices of commercial residential buildings in all tier cities dropped month-on-month in October, with mixed gains and losses year-on-year.

In October 2023, the sales price of commercial housing in 70 large and medium-sized cities decreased month-on-month, and the number of cities increased slightly. The sales price of commercial housing in cities in all tiers fell month-on-month, with mixed increases and decreases year-on-year. 1. Sales prices of commercial residential buildings in various tiers of cities … Read more

U.S. Pre-Market Stock Futures Performance and Investment Highlights

U.S. Pre-Market Stock Futures Performance and Investment Highlights

one, U.S. pre-market market news and investment highlights 1. Pre-market performance of U.S. stock futures (Taipei time 4pm Point 58 point): Dow Jones Index: fell -55 points, or -0.16% to 34283. Nasdaq 100 Index: down -54, or -0.35%, to 15542.25. S&P 500 Index: fell -11.00, or -0.25% to 4419.50. [Today’s General Economic Data]Japan’s PPI, IBD/TIPP … Read more

Market Update: Dow Jones “Death Cross,” Inflation Data, Xi Jinping’s Meeting, and Fed Remarks

Market Update: Dow Jones “Death Cross,” Inflation Data, Xi Jinping’s Meeting, and Fed Remarks

Investors are awaiting the upcoming release of inflation data, Xi Jinping’s meeting, remarks by Federal Reserve officials, and corporate financial reports.Dow JonesMonday (13th) Squat first and then jump.Dow JonesIt closed more than 50 points higher, but it failed to prevent its 50-day moving average from crossing the 200-day moving average, forming the first “death cross” … Read more

U.S. Pre-Market Market News and Investment Highlights: Stock Futures, Economic Data, and Key Points

U.S. Pre-Market Market News and Investment Highlights: Stock Futures, Economic Data, and Key Points

one, U.S. pre-market market news and investment highlights 1. Pre-market performance of U.S. stock futures (Taipei time 4pm Point 58 point): Dow Jones Index: fell -55 points, or -0.16% to 34283. Nasdaq 100 Index: down -54, or -0.35%, to 15542.25. S&P 500 Index: fell -11.00, or -0.25% to 4419.50. [Today’s General Economic Data]Japan’s PPI, IBD/TIPP … Read more

The Latest Business and Stock Market News: Dow Jones, S&P 500, and Nasdaq Performance, Federal Reserve Comments, and Corporate Earnings – November 8th

The Latest Business and Stock Market News: Dow Jones, S&P 500, and Nasdaq Performance, Federal Reserve Comments, and Corporate Earnings – November 8th

As investors continue to digest corporate earnings reports and comments from Federal Reserve officials,Dow JonesIt closed down more than 40 points on Wednesday (8th), putting utility and energy stocks under pressure. Technology stocks performed best, with Microsoft reaching a new high. The S&P closed up 0.1% on Wednesday, extending its winning streak to eight days, … Read more

Portuguese Prime Minister Facing Corruption Charges Resigns Amidst Government Raids

Portuguese Prime Minister Facing Corruption Charges Resigns Amidst Government Raids

Early on Tuesday morning local time in Portugal, a large number of law enforcement officers swarmed into facilities including the Prime Minister’s official residence and multiple government departments to conduct raids. A few hours later,Portuguese Prime Minister Antonio Costa announced his resignation in a nationally televised speech. Affected by this news, Portugal’s PSI20 index weakened … Read more

Stock Market Update: Federal Reserve Interest Rate Speculation, U.S. Bond Yields, and Stock Performance

Stock Market Update: Federal Reserve Interest Rate Speculation, U.S. Bond Yields, and Stock Performance

Although people are increasingly doubtful whether the Federal Reserve will raise interest rates, the decline in U.S. bond yields supported the stock market. The main U.S. stock index closed higher on Tuesday (7th), Microsoft hit a record high, and AMD, Broadcom and Intel provided support under the “Chip Act” Before the funds, shares were up … Read more