Reported about 1 year ago
On July 6, 2024, the Nasdaq Composite Index and S&P 500 Index hit new closing highs again, with Apple, Meta, and Alphabet all reaching new closing highs. TSMC ADR translated into Taiwan stocks approaching the historical mark of 1,200 yuan. The latest employment data further strengthens expectations for the Federal Reserve (Fed) to start cutting rates as early as September. The future trend of US stocks will depend on next week's earnings season performance and the latest inflation data.
Source: YAHOO