Home Business The three major U.S. stock indexes rose slightly, and some Chinese concept stocks rose

The three major U.S. stock indexes rose slightly, and some Chinese concept stocks rose

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On June 8, the three major US stock indexes rose slightly. As of press time, the Dow rose by 0.02%, the Nasdaq rose by 0.42%, and the S&P 500 index rose by 0.11%. Some Chinese concept stocks rose, Dada and Douyu rose by more than 13%, Huya rose by more than 10%, Tuya Smart rose by nearly 7%, and MINISO rose by more than 4%.

On June 8, the three major US stock indexes rose slightly. As of press time, the Dow rose by 0.02%, the Nasdaq rose by 0.42%, and the S&P 500 index rose by 0.11%. Some Chinese concept stocks rose,DadaFighting fishRose more than 13%,HuyaRose more than 10%,Tuya SmartRose nearly 7%,MINISOIncreased by more than 4%.

The following is a summary of important information in the global market:

  ▎Global macro

  Risk accumulation in European and American markets Inflation is the biggest worry

Asset prices in some overseas markets have recently increased volatility, and institutional investors’ wait-and-see sentiment has increased.Morgan StanleyThe newly released CMTI indicator (comprehensive market timing indicator, one of the indicators for investment prospects in the European and American markets) even exceeded the level in June 2007, which indicates that European and American market risks are accumulating.

Industry insiders pointed out that the European and American markets will face a series of negative factors in the second half of the year. first of all,MidlandReserve may tighten soonercurrencypolicy. Although interest rates will not be raised soon, the early termination of quantitative easing may be on the agenda, and some European central banks may have to adjust their monetary policies. Second, the weakening of the U.S. dollar may exacerbate the already high price levels in the United States, which is not conducive to economic recovery and will have spillover effects.

  Panamanian parliamentarians: will submit a bill to the parliament To accept Bitcoin and cryptocurrencies

According to reports, a politician in PanamaTwitterThe above stated that he intends to propose legislation in the country to accept Bitcoin and cryptocurrencies. Panamanian Congressman Gabriel Silva said, “Panama cannot be left behind. If we want to become a true center of technology and entrepreneurship, we must support cryptocurrency. We will prepare a proposal for parliament.” Earlier, El Salvador declared that it would be the first to accept Bitcoin. Sovereign countries, this has led to officials from other countries expressing support for this new digital and decentralized world.

  South Korea starts taxing overseas crypto assets next year

Starting in 2022, South Korean residents who have accounts on foreign cryptocurrency exchanges may have to report their holdings for tax purposes. If the account balance of Korean citizens in overseas virtual asset business exceeds 500 million won or 447,900 U.S. dollars at the end of each month, they will be required to pay taxes.

  How will the world‘s lowest corporate tax rate work?How to go next

The Finance Ministers of the Group of Seven (G7) countries reached a landmark agreement on Saturday to support setting the global minimum corporate tax rate at at least 15%, which may subsequently become the basis of a global agreement. This agreement aims to end what the U.S. Treasury Secretary Yellen called the “30-year corporate tax competition” of competing to attract multinational companies.

The Group of 20 (G20) meeting is scheduled to be held in Venice next month and will see whether the G7 agreement is widely supported by the world‘s largest developing country. There are still many issues to be resolved, including indicators for determining how and which multinational companies are taxed.

  ▎U.S. stocks focus

  Heavy data will be released! Last hit 13The biggest increase in the year! The Fed may “step on the brakes” in advance?

On Monday, local time, the three major U.S. stock indexes diverged, and only the Nasdaq closed up.InternationalOil priceFall, the price of gold rises.

The market pays close attention to the US May consumer price index to be released this Thursday. In April this year, this data increased by 4.2% year-on-year, the largest increase since 2008. Investors worry that if inflation continues to rise,MidlandThe Reserve Bank may “step on the brakes” in advance, that is, reduce the scale of debt purchases. Affected by cautious sentiment, trading in blue chip stocks and industrial stocks was relatively flat, and the Dow and S&P indexes also closed slightly.

  “Tax increase + high inflation” worries about the third quarter may become a concentrated flashpoint for US stocks

  Morgan StanleyRecently, it was stated that although the current declining price-to-earnings ratio of U.S. stocks has been largely offset by rising corporate earnings expectations, with rising cost pressures and corporate tax hikes, U.S. stocks may pull back 10%-15% in the next six months. .

Given that in the past four quarters, US stock corporate earnings exceeded expectations by as much as 20%, setting an unprecedented new record. In contrast, the profit situation in the second half of 2021 is relatively severe.

  Liquidity explodes again! The Fed’s overnight reverse repurchase usage hits a new high, breaking 4860One hundred million U.S. dollars

  MidlandReserve to control short-terminterest rateDemand for one of the tools has soared to a record high, as huge amounts of cash are looking for a place to go.Fed’s overnight reversalRepurchaseThe tool is the money marketfundWaiting for counterparties to deposit cash in the centralbankThe way. On Monday, the tool attracted a total of $486.097 billion in funding from 46 participants. Data released by the New York Federal Reserve showed that this exceeded the previous record high of US$485.3 billion on May 27 and was also higher than the US$483.3 billion last Friday.

  Bank of AmericaStrategists Mark Cabana and Olivia Lima said in the report that even if the Fed adjusts excess reservesinterest rateThe reverse repurchase rate is only a short-term solution to alleviate the pressure on interest rates in the money market.

  Start this week! United States 25The state ended the payment of supplementary unemployment benefits early Is the job market heading for an inflection point?

Large-scale fiscal stimulus and transfer payments are considered by the US government to be an important measure to combat the economic recession caused by the new crown pneumonia epidemic. However, with the restart of business activities, the pace of recovery in the job market in various regions has been lagging behind the recovery of the overall economy. According to a poll released by Quinnipiac last month, 54% of respondents agreed that states should cut federal benefits as soon as possible.

  FuGuo bankEconomist Sara Cotsakis said in an interview with a reporter from China Business News that as the new crown vaccination rate rises and the economy continues to recover, the job market will continue to gradually recover, but there are still some obstacles that may be Put pressure on labor supply, such as the mismatch between job seekers’ skills and industry demand in the post-epidemic economic environment. Combined with the current economic environment, she believes that the level of the US labor market may need to be restored to pre-pandemic levels by the end of next year.

  ▎US stock company

  Apple releases iOS 15: Door card, focus mode, new notification “online”

In the early morning of June 8,appleThe annual World Developers Conference (WWDC) opens. Due to the new crown epidemic, this year’s WWDC continues to be held online,appleIn accordance with the usual practice, a new generation of operating systems such as iOS15, WatchOS 8 and macOS Monterey have been launched.

This time iOS 15 brings a new feature of “focus mode”, allowing users to stay focused and reduce distractions. In order to stay focused, users can set up the device by creating a custom focus mode or selecting a suggested focus mode. The latter will use the device-side smart technology to suggest people and apps that can send notifications to users.

  Google and France reach an antitrust agreement Will adjust global advertising behavior

Google has reached an antitrust settlement agreement with the French authorities and will adjust its global advertising business to ensure that it will not abuse its dominant position. This is the first time Google has succumbed to antitrust pressure and made adjustments to its business.

The French supervisory agency stated that, according to the antitrust settlement agreement, Google promised to adjust its online advertising auction platform AdX within three years to provide other advertisers with a better level of playing field, and an independent trustee will supervise this. Implementation of the decision. These measures will be implemented in the first quarter of 2022, and Google will not appeal the decision.

  Dada Group (DADA.US)Quarterly report: total revenue exceeds market expectations JD Daojia’s two-year compound growth rate of revenue is nearly 100%

On the morning of June 8th, Beijing time, China‘s leading local instant retail and distribution platformDadaThe Group (DADA.US) released its unaudited financial report for the first quarter ended March 31.

The financial report shows thatDadaThe group’s revenue for the first quarter of 2021 was RMB 1.7 billion, a year-on-year increase of 52%, exceeding the guideline ceiling and higher than market consensus. For the 12 months ending March 31, 2021,JingdongDaojia’s total transaction volume (GMV) was RMB 28.1 billion, a year-on-year increase of 79%.

  Tesla Electric Truck TeslaSemiSupervisor resigns Responsible for all automotive business

News on June 8, Beijing time, according toTeslaThe company’s filing documents submitted to the US Securities and Exchange Commission (SEC), the company is responsible for the development and final production of the Tesla Semi electric truckExecutivesJerome Guillen has left the company.

GillanTeslaHe has served for 10 years and has held a number of positions, including his most recent role as the head of the heavy truck business. In 2012, he began to serve asTeslaActing Vice President of Vehicle Engineering, then became Model S Project Director. From September 2018 to March 2021, he led the entire Tesla automotive business. In March of this year, he served as the president of heavy truck business.

  The China Probably Educational Unit has collapsed! The biggest layoff in the history of online education?Some departments don’t stay alone

No one thought that online education, which was still hot money surging last year, is experiencing an industry “big earthquake”, industry supervision has become stricter, and the storm continues. After the approval of the “double reduction” opinions in late May and the “three no rumors” (no classes during holidays, no listings of training institutions, no advertisements), on June 1, the new version of the “Law on the Protection of Minors” came into effect At the same time, the State Administration for Market Regulation also announced that 15 off-campus training institutions will be subject to top fines for false propaganda and price fraud. This has made the relevant regulations in the Advertising Law and the Anti-Unfair Competition Law begin to be taken seriously by the industry. .

Previously, many media reported that due to the implementation of the “Minor Protection Law” on June 1, many online education companies have reduced the scale of recruiting fresh graduates, and a large number of fresh graduates who have received admission notices have been unprovoked by online education companies. Breach of contract, involving companies includingGaotu, Homework Gang, Yuanjiao, and many other online education companies.

  AMCSeveral insiders in theaters sell some stocks

According to InsiderScore’s analysis of regulatory documents, since the start of the latest round of gains on May 28,AMC CinemasA total of 7 insiders sold part of the stock at a price range of US$27.42 to US$62.67.

(Article Source:Oriental wealthResearch center)

(Editor in charge: DF075)

Solemnly declare: The purpose of this information is to spread more information, and it has nothing to do with this stand.


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