[U.S. stock market situation]Debt limit negotiation divergence rumors narrowed Dow fell 100 points Nvidia hit 27% record high Nasdaq rose 1.7% (continuously updated) – Hong Kong Economic Daily – Instant News Channel – Market Finance – Stock Market

The U.S. stock market developed separately in the afternoon market. Nvidia (US: NVDA)’s quarterly results drove the Nasdaq to rise. The U.S. debt ceiling negotiation still needs a breakthrough. The Dow once fell 213 points or 0.7%, and the mid-term decline narrowed slightly.

Reuters quoted people familiar with the negotiations as saying that a streamlined version of the U.S. debt ceiling agreement has begun to take shape. President Biden and House Speaker McCarthy are gradually approaching an agreement. The difference between the two parties in terms of discretionary spending is only 70 billion U.S. dollars.

What could end up not being a bill of hundreds of pages that could take lawmakers several days to write, read and vote on, said another person briefed on the negotiations, but a bill with several key figures. streamlined agreement.

Negotiators are expected to hammer out a cap on discretionary spending, including military spending, but leave it to lawmakers to work through the normal appropriations process in the coming months to hammer out details on categories such as housing and education, another source said. The White House declined to comment on the news.

U.S. stocks turned weak in the early part of the day. The debt limit negotiation once spread good news. Republican Congressman Michael McCau said that he was only waiting for the details to be finalized. Republican Senator Mike Lee was dissatisfied that there was no substantive spending reform and threatened to oppose it. The index still rose 0.3%, hitting the 104 level, a two-month high. The yield on the 10-year U.S. bond was at 3.79%.

U.S. Republican Rep. Garret Graves told reporters the White House and Republican debt ceiling negotiators had no plans to talk on Thursday. The White House also confirmed that so far negotiators from both sides have no plans to meet today.

Nvidia (US: NVDA) performed well in the quarter, and it still rose 27% in the afternoon market. The stock price in the market once rose 29% to a new high of 394.8 US dollars. Drive the Nasdaq to do well.

At 1:22 local time this morning, the Dow fell 100 points to 32699, the S&P rose 0.6%, and the Nasdaq rose 1.7% to 12693. Russia signs agreement to deploy tactical nuclear weapons in Belarus.

In the first quarter of the United States, the annualized quarter-on-quarter real GDP was revised from 1.1% to 1.3%, the annualized quarter-to-quarter ratio of personal consumption expenditures (PCE) was revised from 3.7% to 3.8%, and the annualized quarter-to-quarter ratio of core personal consumption expenditures (PCE) was revised from 4.9% Revised to 5%.

The number of Americans applying for unemployment benefits for the first time was 229,000, less than the expected 245,000, and the previous value was revised to 225,000. Continuing Claims came in at 1.794 million for the week ended May 13, below expectations for 1.8 million and from 179.9 previously

U.S. existing home sales did not change month-on-month. The market expected an increase of 1%, the previous value fell 5.2%, and fell 22.6% year-on-year, which was more than the expected 20.1%.

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Current market trend:

[01:33]The White House: I believe there is still a way to move forward on the debt ceiling negotiations, and the only option is Congress to act

[01:25]White House Press Secretary Pierre: The Republican Party and the White House team held an online meeting at 11:30 a.m. local time.

[01:10]JPMorgan Chase has told customers who have personal lines of credit with First Trust Bank that they will no longer be offered those lines when they apply for renewal.

[00:38]Sources: UBS and the Swiss government have yet to agree on the exact terms of the government guarantee, which could delay UBS’ deal to buy Credit Suisse

[00:37]Sources: A stripped-down U.S. debt ceiling deal is taking shape
Reuters quoted sources as saying that U.S. President Biden and House Speaker McCarthy are close to reaching an agreement on the U.S. debt ceiling, and the difference between the two parties on discretionary spending is only 70 billion U.S. dollars. What could end up not being a bill of hundreds of pages that could take lawmakers several days to write, read and vote on, said another person briefed on the negotiations, but a bill with several key figures. streamlined agreement.

Negotiators are expected to hammer out a ceiling on discretionary spending, including military spending, but leave it to lawmakers to hammer out details on categories like housing and education through the normal appropriations process in the coming months, another source said. According to U.S. federal data, discretionary spending in the U.S. will reach $1.7 trillion in 2022, accounting for 27% of overall spending of $6.27 trillion. About half of that goes to defense, an area Republicans say they won’t cut.

[00:10]Market news: Pacific Investment Management Company (PIMCO) considers joining the ranks of investors in the bankruptcy lawsuit against Credit Suisse. PIMCO is considering possible legal action to recover part of its $800 million Credit Suisse so-called Additional Tier 1 bonds, or AT1, according to people familiar with the matter. It is reported that after the acquisition of Credit Suisse, these additional tier one bonds were written down to zero, and PIMCO is one of the largest holders of these bonds.

[00:01]According to Reuters news, the US debt ceiling agreement has initially taken shape, and the main focus is on the debt ceiling. Negotiators are likely to reach a stripped-down deal on just a few key figures.

[00:01]Source: The difference between the White House and Republican debt ceiling proposals is less than $70 billion in terms of discretionary spending proposals

[23:55]European Central Bank Governing Council Nott: Need to raise interest rates in June and July, open to raising interest rates in September, the next two interest rate hikes should be increased by 25 basis points each, after that the interest rate should be quite long remain unchanged for a period of time

[23:42]Oil prices were under pressure. New York oil futures fell $0.9, or nearly 4%, to $71.32; Brent oil futures fell $0.8, or 3.6%, to $75.44.

[23:35]European stocks closed down, German stocks fell 0.3%, French stocks fell 0.3%, British stocks fell 0.7%, pan-European STOXX 600 index fell 0.3%

[23:32]US Republican Congressman Garret Graves told reporters that the White House and Republican debt ceiling negotiators have no talks on Thursday. The White House also confirmed that so far negotiators from both sides have no plans to meet today. The Dow fell 144 points, the S&P rose 0.6%, and the Nasdaq rose 1.5%

[22:42]Russia signed an agreement to deploy tactical nuclear weapons in Belarus, Wagner Group withdrew from Bakhmut

[22:38]TSMC’s U.S. stocks rose 10%, AMD rose 9%

[22:36]Boston Fed President Susan Collins says interest rate hikes may be on hold

[21:39]Dow fell 119 points, Nasdaq narrowed to 1.3%

[21:30]The Dow fell 30 points to 32,769, the Nasdaq rose 1.7% to 12,701, and the S&P rose 31 points to 4,146. Nvidia rose 25 percent to $381.71.

[21:27]Republican Senator Mike Lee said that a debt limit agreement without substantive spending reforms will not pass the Senate smoothly. He said all procedural tools at his disposal would be used to block a debt-ceiling agreement that did not include substantial spending and budget reforms.

[20:51]McCarthy said on Thursday morning that progress had been made in the negotiations on Wednesday, but several issues remained unresolved. Negotiators have been instructed to work around the clock to reach an agreement, but not everyone is satisfied. Republican Congressman Mccaul said that an agreement is close, and now only the details remain.

[18:33]The Dow futures fell 48 points, the Nasdaq futures rose 1.9%, and the S&P futures rose 28 points.

[17:14][German Economy]The German economy has entered a technical recession and the European Central Bank will raise interest rates in June

[16:19][Debt Ceiling]Jinda: Four major reasons that the debt ceiling negotiations are most likely to reach an agreement

[12:59]During the Asian session, the Dow futures fell 91 points to 32762 points. Nasdaq futures rose 1.3 percent to 13,833. S&P futures rose 0.4 percent to 4,140. The Dollar Index rose to 104, a two-month high.

[12:35][Science and enterprise layoffs]Meta completed layoffs of 10,000 non-engineering positions in the hardest hit area this week

[11:31][Financial Center]Singapore’s economy grew by 0.4% in the first quarter, and the risk of technical recession increased

[10:32][Debt Ceiling]Pulai Shi: The worst case is the first debt default in the history of the United States, and the U.S. rating is significantly downgraded, which may lead to global market turmoil

【10:18】[Big Bank Report│FUTU]Credit Suisse: Futu’s stock price has already reflected the risk of huge divestment and closure of mainland business in the next few quarters. Upgrade rating to “Outperform”

[10:18][NVDA]Nvidia’s after-hours stock price surged 27% to $388. AI demand drives performance to exceed expectations

[09:31][Debt Ceiling]Fitch put the U.S. rating on the negative watch list, which means that the AAA rating of the U.S. may be downgraded

[08:37][New IPO]iQIYI is discussing the secondary listing in Hong Kong CEO Gong Yu: I am studying the technical details of listing in Hong Kong

【08:15】[Electric car]NIO upgrades the ES6 model with 8% plug-in, but at the same time cuts the price and starts delivering new cars today

===The following is the US stock market situation on May 24===

U.S. President Joe Biden and House Speaker Kevin McCarthy still haven’t reached an agreement on the debt ceiling. The White House and the Republican Party resumed negotiations on the debt ceiling on Wednesday. McCarthy said that there are still huge differences on many issues; How did Janet Yellen arrive at that default deadline.

That is, watch the US stock market close:

Yellen once again publicly stated that the Treasury Department may run out of cash before June 1, and she pointed out that the specific date for the depletion of funds will be determined and the government will be notified to Congress soon. Financial situation, refused to disclose whether there are two-handed preparations. Yellen pointed out that Biden mentioned that it is very important that the United States will not default, so he will continue to work hard to win bipartisan support, and will provide Congress with a more precise timetable in the short term. He believes that an agreement can be reached to avoid default on the debt ceiling.

U.S. stocks opened lower and moved lower on Wednesday. The Dow once fell more than 300 points. As of 4:00 this morning (that is, the market close), the Dow fell 255 points to 32,799 points, missing the 33,000 mark; the Nasdaq fell 76 points or 0.6%, to 12,484 points ; The index fell 30 points to 4115 points. The U.S. dollar index rose 0.4% to 103.88; the 10-year U.S. bond yield was 3.736%.

[Debt Ceiling]Yellen counterattacked, saying that on June 1, he has no money and no two hands to prepare. Read the latest progress in this article (continuously updated)

Federal Reserve Board Governor Waller (Christopher Waller) said that he is worried about the fact that core inflation has not fallen significantly for a long time, and the authorities need to tighten policy to reduce price pressures. The economic data released in the next three weeks will be a key factor in determining the interest rate policy in June; although the Fed may pause interest rate hikes in June, it is unlikely to end the cycle of interest rate hikes. A monthly rate hike is likely to be appropriate.

In addition, Florida Governor Ron DeSantis (Ron DeSantis) officially announced his participation in the 2024 presidential election on Wednesday, becoming former President Trump’s number one opponent in the Republican Party.

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Current market trend:

[03:22]Société Générale said the yen could strengthen by about 7% in the “coming weeks” amid signs the Bank of Japan is expected to raise the cap on benchmark bond yields at its upcoming interest rate meeting.

[01:20]The U.S. bond interest rate on June 1 has risen above 7%

[00:54]Federal Reserve Board Governor Christopher Waller said that whether officials will raise interest rates again at the June meeting or temporarily skip it will depend on key data in the next few weeks, and it is too early to declare that the tightening cycle has ended. “I’m not in favor of stopping rate hikes unless there’s clear evidence that inflation is headed toward the 2% target.
drop. “

[00:53]JPMorgan Chase said that if the debt ceiling agreement is not reached, there is about a quarter chance that the United States will usher in the so-called X-day when the government will run out of funds, and this possibility is still rising. “We still think the most likely outcome is signed into law by Day X, although we put the probability of that date at around 25% and rising if the ceiling is not raised,” said Michael Feroli, chief U.S. economist at JPMorgan. said in a note to clients on Wednesday.

[00:41]According to informed sources, the White House and the Republican negotiators in the House of Representatives have restarted the debt ceiling negotiations at noon on Wednesday Eastern Time.

[23:58]McCarthy: Debt negotiations are expected to make progress today

[23:50]McCarthy said he was sending negotiators to the White House to try to resolve the debt ceiling.

[23:22]Punchbowl reported that Biden administration officials and Republican negotiators will meet at the White House today to discuss the debt ceiling issue.

[23:05]Mark Nash of Jupiter Fund Management Company is shorting two-year U.S. Treasury bonds, which is what he calls the “most dangerous” U.S. bonds, betting that the market’s prediction that the Federal Reserve will cut interest rates this year is wrong.

[22:40]The Dow fell 208 points and lost 33,000. The Guanna index fell 1%

[22:34]U.S. Treasury Secretary Jane Yellen reiterated that her department may run out of funds to pay federal bills as early as June 1, but it is difficult to determine when the cash will run out. Hoping to avoid the kind of damage inflicted by the debt standoff in 2011, financial markets are under pressure, including Treasury bill issuance. She declined to specify what actions may or may not be possible after the deadline.

[22:06]Blackstone CEO Schwarzman pointed out that he is negotiating to buy a regional bank in the United States

[21:30]The Dow fell 68 points at the opening and lost the 33,000 mark, and the Nasdaq fell 0.6%

[18:50]Debt limit negotiations have made little progress. Negotiations are expected to resume tonight. Dow futures fell 130 points and narrowly guarded the 33,000 mark

[18:10][Global Economy]”Doctor Doom” Rubini warns: Sino-US cold war will slow economic growth Biden may fail to reach an agreement on the debt ceiling

[17:50][US stock performance]Futu’s net profit in the first quarter doubled, and the number of registered users exceeded 20 million. US stocks rose more than 3% before the market.

[17:20][Chip Wars]U.S. House of Representatives urges Washington to counter the Micron ban, saying it will not tolerate economic coercion.

[16:48][U.S. Inflation]Former Chairman of the Federal Reserve Board Bernanke: The central bank still needs to work hard to curb inflation The longer the overheating time, the greater the degree of currency contraction

[16:15][HSBC HSBC]British CMA accuses 5 banks including HSBC and Citigroup of violating competition law by exchanging sensitive information on bond transactions in Bloomberg chat room

[15:34][UK Inflation]UK CPI increased by 8.7% year-on-year in April, falling below double digits for the first time since August last year

[14:23][NFLX]Netflix expands crackdown on shared accounts to Taiwan and Hong Kong and finds out how much extra is charged for non-cohabiting users? How to define?

[13:39][Shein]Shein is not only “Made in China”?Research and build a factory in Mexico to expand the American territory

[12:32]During the Asian session, the Dow futures rose 35 points to 33167 points. Nasdaq futures rose 0.1 percent to 13,747. S&P futures rose 0.1 percent to 4,164.

[12:14][New Zealand interest rate hike]The New Zealand central bank raised interest rates by 0.25% and said “task accomplished”. It is expected to start cutting interest rates in the third quarter of next year.

[08:00][Debt Ceiling]Wu Zhuoyin: It is expected that the United States can still reach an agreement to raise the debt ceiling this time

[06:45][Debt Ceiling]Republican Party: No next meeting scheduled to suddenly question Yellen’s deadline for default on June 1, read the latest progress (continuously updated)

[ET Fortune Talk]Will the RMB continue to fall? How long will the Hong Kong dollar deposit rate remain high?Honghu Assets Lu Tinglong analyzes and deconstructs for you

===The following is the US stock market situation on May 23===

U.S. President Joe Biden and House Speaker Kevin McCarthy have yet to reach an agreement on the debt ceiling. Although the two sides claimed that the atmosphere of the earlier talks was good and productive, they also indicated that they will continue to negotiate to avoid a catastrophic default in the United States. However, both McCarthy and Republican negotiators said yesterday that there is still some distance from reaching a debt limit agreement. McCarthy said it was still possible to reach an agreement before June 1; however, he said on Tuesday that he had no plans to arrange a meeting with Biden within the day.

That is, watch the US stock market close:

Negotiations on debt limits have yet to come to fruition, dragging U.S. stocks down repeatedly. As of 4:00 this morning (that is, the market close), the Dow fell 231 points to 33,055; the S&P fell 47 points to 4,145; the Nasdaq fell 160 points or 1.26 %, at 12560 points. The 10-year U.S. bond yield was 3.698%, down 0.46%, while the 1-month to 1-year bond yield was still above 5%. The Dollar Index rose 0.34% to 103.55.

McCarthy said that he had no further conversations with Biden on the national debt ceiling on Tuesday, and he has no plans to go to the White House within the day. Republican Congressman Ralph Norman (Ralph Norman) revealed that McCarthy said in a closed-door meeting that the gap with the White House on the debt limit issue is still large, and there is no possibility of reaching an agreement.

Yellen’s latest letter to members of Congress pointed out that if Congress does not take action to raise or suspend the debt ceiling in early June, the Treasury Department is likely to run out of cash on June 1 and will no longer be able to meet all government obligations.

Moody’s said that if the U.S. debt fails to repay on schedule, it will trigger a sovereign rating downgrade, which means lowering the U.S. credit rating from AAA to AA1.

[Reserve official]Kashkari: The worst time for banking stress is over but interest rates may need to be raised further

[Reserve official]Daly: It will take time to observe the impact of credit tightening or it is equivalent to raising interest rates twice

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Current market trend:

[05:37]Goldman Sachs analysts expect the dollar to appreciate more in the short term

[05:19]Nvidia CEO says Washington’s move to contain China may hurt U.S. technology industry

[03:14]Powell went to Congress to meet with Democratic representatives, but avoided talking about the debt ceiling issue. Powell sidestepped questions about the debt talks in a closed-door meeting with a group of House Democrats. “We’re talking about the economy as a whole,” said Rep. Ann Kuster of New Hampshire, chair of the coalition of moderate New Democrats who met with Powell, after the meeting.

[01:53]McCarthy says the two sides are ‘not at all close’ to a deal, calling on Republicans to remain united

[01:02]McCarthy says he has no plans to go to the White House today

[00:22]Powell arrives on Capitol Hill for talks with House Democrats

[00:14]Equity and bond markets are divided on the Fed’s interest rate path, rising recession risks, and high valuations prompted JPMorgan Chase & Co. strategist Marko Kolanovic to further reduce the bank’s equity and corporate bond allocations and favor cash .

[00:07]British government bonds underperformed all major European government bonds, and traders increased their bets on further interest rate hikes by the Bank of England, after the International Monetary Fund (IMF) warned that the UK may need to tighten monetary policy further. Investors in gilts were also trimming their positions ahead of key U.K. inflation data on Wednesday, which is expected to show consumer price growth decelerated sharply in April.

[23:27]Philip Lane, chief economist of the European Central Bank, said that officials’ cautious response at the beginning of the inflation shock did not have a very serious impact. “Anyone who has simulated other scenarios over the past few years will see that at the macro level, delaying a rate hike for a quarter or two won’t have a huge impact on inflation or the overall outcome,” he said on the EconoFact Chat podcast, adding Modeling of called employees supports this view.

[22:58]Standard Chartered CEO says the world economy is at a reasonable stagnation

[22:43]Negotiators from the Republican Party and the White House will meet in Congress at 11:00 US time to discuss the debt ceiling. Republican Representative Garret Graves said that he is very worried about time constraints. McCarthy urged Republicans to unite because the negotiating goals were still not met.

[21:30]U.S. stocks opened softly, the Dow fell 167 points to 33119 points, and the Nasdaq fell 0.5%.

[19:17][Reserve Bureau Official]Kashkari: The worst time for banking pressure has passed but interest rates may need to be raised further

[18:50][Reserve Bureau Official]Daly: It will take time to observe the impact of credit tightening or it may already be equal to raising interest rates twice

[18:15]The Dow futures fell 50 points, and the Nasdaq futures fell slightly by 0.1%.

[17:50][Chip Wars]SMIC and Huahong Semiconductor are involved in half of China’s chip industry, and it is reported that Japan’s export ban is stricter than that of the United States

[17:37][Saudi Aramco]Li Jiajie visited the headquarters of Saudi Aramco and hoped that the two sides will deepen cooperation in LNG import, hydrogen energy, energy storage, etc.

[15:47][Japanese stocks]Japanese stocks have more than enough to rise

[15:00][Japan Travel]Japan’s consumption tax refund method may change next year.

[12:42]During the Asian session, the Dow futures rose 46 points to 33406 points; the Nasdaq futures rose 0.2% to 13935 points; the S&P futures rose 0.2% to 4212 points.

[11:40][Yen trend]Bank of America expects the yen to fall to 143 in the third quarter, and 5.45 against the Hong Kong dollar. Japan’s FDI deficit is hugely unfavorable to the yen’s trend

[10:59][TikTok ban]TikTok filed a petition seeking to overturn the Montana ban that violates the constitutional “freedom of speech”

[10:38][Banking Crisis]HSBC was accused of poaching 42 SVB bankers and stealing business secrets from the First Citizens Bank of the United States, exposing the “colonial plan”

[10:29][ChatGPT]Gates: AI assistant will replace Amazon, search engine Microsoft has half the chance of losing?

[08:35][Bank Crisis]JPMorgan Dimon warns: Deterioration of commercial real estate loans may bring crisis to some banks

===The following is the US stock market situation on May 22===

U.S. President Joe Biden and House Speaker McCarthy will meet at 5:30 p.m. local time on Monday to continue negotiations to raise the bond issuance limit. McCarthy believes that time is getting tighter, but believes that after discussing a number of divergent solutions with Biden, he has greater expectations for reaching an agreement, but whether a consensus can be reached is still unknown. The Dow fell repeatedly, while the Nasdaq hit a new high since August last year.

That is, watch the US stock market close:

A small episode occurred in the stock market. An artificial intelligence synthetic false image shocked the US stock market. Online pictures showed an explosion near the Pentagon. The Dow fell 218 points in the early session. As of 4 o’clock this morning (that is, the market close), the Dow fell 140 points to 33286 points; the S&P index rose less than 1 point to 4192 points; the Nasdaq rose 62 points or 0.5% to 12720 points.

Shares of U.S. regional bank PacWest surged 20% on the sale of real estate construction loans. Micron Technology (Micron) products were ordered by China to ban purchases, and its stock price fell 2.9%.

Federal Reserve officials have issued hawks one after another. St. Louis Fed President James Bullard believes that two more interest rate hikes will be required this year to curb inflation.

San Francisco Fed President Mary Daly said the recent tightening of credit conditions due to some regional bank failures could amount to two rate hikes by the Fed.

U.S. Treasury Secretary Janet Yellen (Janet Yellen) once again warned that the United States is unlikely to be able to pay its bills in mid-June due to uncertainties in taxation and spending. Personally, by June 15, the United States is likely to be able to pay all bills Sex is quite low. She admitted frankly that although it is expected to receive a large amount of taxes in mid-June, whether it can last until then is a problem.

Rohrbaugh, head of global markets at JP Morgan Chase, said the US debt ceiling issue will only become a market trading topic in the short term. Most market investors expect the debt ceiling issue to be resolved smoothly.

Bond market giants BlackRock, Pimco and Vanguard Group have all warned that the recent wild swings in U.S. Treasuries are just the beginning of a new era of turmoil that will be shattered until inflation is brought under control. will be difficult to end.

They point out that since 2009, the Fed has bought trillions of dollars of bonds to support economic growth. Mode to fight inflation.

[Reserve official]Bullard: The possibility of a recession is exaggerated, and two rate hikes are still needed this year

[Reserve official]Kashkari: If the U.S. economy remains uncertain, it is not ruled out that the interest rate will be raised to 6%

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hot news︰

[U.S. stocks one-week outlook]Focusing on debt ceiling progress and inflation data, the PCE index rose slightly to 4.3% in April (data table attached)

Current market trend:

[02:00]McCarthy, Speaker of the U.S. House of Representatives: I think everyone can reach an agreement before the debt ceiling comes.

[01:49]The settlement price of June gold futures in New York closed down 0.22% to $1977.2.

[01:44]Market news: First Citizens Bank sues HSBC for poaching dozens of Silicon Valley Bank employees

[01:14]McCarthy, Speaker of the US House of Representatives: We have not yet reached an agreement. In the meeting with Biden, decisions need to start to be made.

[01:07]Meta Platforms said that it will license Bombyx robot technology to Hibot, a Japanese high-tech robot development company.

[00:24]Cryptocurrency trading platform Coinbase will conduct an advertising campaign to promote cryptocurrencies in the United States.

[00:20]The discussions between White House officials and Republican negotiators on the debt ceiling have ended.

[23:43]Asked whether they should be afraid of Google’s monopoly position, Google’s chatbot Bard responded that urgent action should be taken to limit Google’s capabilities.

[23:43]European stocks closed mixed. Germany’s DAX30 index fell 0.3%, Britain’s FTSE 100 index rose 0.2%, France’s CAC40 index fell 0.2%, and the pan-European STOXX 600 index rose less than 1 point.

[22:15]Bostic, President of the Federal Reserve Bank of Atlanta, said that the compensation limit of the Federal Deposit Insurance Corporation (FDIC) is designed for household savers and does not apply in all situations. It is recommended to set up a separate compensation threshold for corporate depositors.

[22:15]The Dow fell 90 points, and the Nasdaq rose 0.5%.

[22:10][Reserve official]Kashkari: If the US economy continues to be uncertain, it is not ruled out that the interest rate will be raised to 6%

[22:00][Reserve official]Brad: The possibility of a recession is exaggerated, and two more interest rate hikes are still needed this year

[21:30]Debt ceiling negotiations continued, Reserve officials released hawks one after another, the Dow fell 16 points, and the Nasdaq fell slightly.

【20:27】[Performance｜Ping An Insurance Department]Financial OneConnect’s net loss in the first quarter narrowed by more than 60% year-on-year to 110 million yuan, virtual silver PAOB revenue increased by more than 50%

[19:13][Chip Wars]Applied Materials AMAT spends 4 billion US dollars to build a chip research center, expressly seeking funding from the chip bill

[18:59][Japanese stock market strategy]Mainland investors snap up Japanese stocks ETF Nikkei index rises but mainland stockholders lose money?

[18:55][Debt Ceiling]HSBC Fan Limin expects the United States to solve the debt ceiling problem

[18:35]Dow futures rose 19 points, Nasdaq fell 0.1%

[18:30][Debt Ceiling]Biden, McCarthy, and Yellen at the White House today said that the Treasury Department’s cash will be difficult to support until June 15. Read the latest progress in this article (continuously updated)

[17:16][US stock focus]Meta was fined 1.2 billion euros by regulators for transmitting EU user data to the United States and fell nearly 1% before the market

[13:49][Credit Suisse Crisis]Credit Suisse AT1 debt write-down provoked investors to file for compensation and employees also plan to join the lawsuit because…

[13:30][Interpretation of Micron’s ban]Micron failed to pass China’s Internet security review Furui: limited impact on Micron’s revenue, the US may countermeasures

[12:36]During the Asian session, the Dow futures fell 24 points to 33472 points; the Nasdaq futures rose 0.1% to 13874 points, and the S&P 500 futures fell 0.02% to 4204 points.

[11:27][META]Instagram crashed this morning Meta: It returned to normal after an hour and a half

[11:24][Debt Ceiling]Goldman Sachs predicts that US cash will bottom out from June 8 to 9, and the probability of reaching an agreement this week is less than 50%

[10:24][Musk’s]SpaceX completes the manned launch mission and the first Saudi woman lifts off

[08:18][US interest rate hike]Kashkari is open to pausing interest rate hikes in June to assess the impact of past rate hikes

[07:36][Debt Ceiling]Negotiations Resumed

[07:30]U.S. stocks first rose and then fell last Friday. The Dow rose 116 points in the early stage. The debt negotiations between the two parties stalled, dragging the Dow down 199 points. Finally, the Dow fell 109 points or 0.3%, to 33426 points. The Nasdaq It fell 30 points, or 0.2%, to 12,657 points; the benchmark index fell 6 points to 4,191 points.

Watch the US stock market close:

[Market Opening Pursuit]Focus on Debt Limit Negotiations Progressing Fast, Meituan Performance Outlook

U.S. stock market updates last week, please see for details:[U.S. stocks close]Debt ceiling talks suspended Dow drops 109 points Powell lowers interest rate hikes U.S. bond yield falls below 3.7%

Editor: Yao Zhuoran