Performance of North American companies, recorded levels for the last four days
media article
As the North American company's media platform is encouraged by the economy, the platform rose above expectations in four days, and trading ended at a record level on Monday. This runs counter to the fact that positive bets on larger technology stocks have risen due to the influence of the meta platform. Although the jobs report that turned the blanket upside down raised the prospect of a Federal Reserve interest rate cut, it did not have much of an impact on the S&P 500 index, which rose a high 1.3% per session.
As of 16:00 ET (21:00 GMT) on Saturday, the S&P 500 index reached a record of 4,957.75, up 1.3%, and the Dow Jones Industrial Average rose 134 points (or 0.4%) to a record high of 38,654.42. And the Nasdaq Composite rose 1.7%.
The reason is that Meta Platforms paid the first dividend of Meta Platforms stock, increasing the starting price by 20% within the range of the day, and issued an additional $50 billion in primary collateral after the sales of Facebook, the parent company, tripled compared to the previous day. UBS's decision to return capital to Meta's shareholders could open up increased demand for dividend/income funds for META stock. Amazon.com Inc (AMZN) rises more than 7% after reporting fourth-quarter results that beat Wall Street expectations, citing cloud growth and strength in e-commerce boosting performance.
Meanwhile, Apple (AAPL) suffered losses as the closing price ended below the flat line due to the weakness of the Chinese iPhone, but ended in loss. China claims to account for about 20% of iPhone sales, but it is still difficult to stand still due to diplomatic difficulties. However, in contrast to the optimism that older iPhone users in China will upgrade their smartphones, we are optimistic that older iPhone users in China will upgrade their smartphones, and as a chain drinker, we will ultimately support the company.
However, Intel's stock fell more than 2% following reports that it was delaying construction of a semiconductor facility in Ohio. Financial challenges and the lack of support for high-speed computers are observed to be the reason for the slow pace of development as previously expected. Government subsidies to help support technological infrastructure are not appropriate for building a high-end vehicle body. pointed out.
North American companies, which have made their own projections clear thanks to the recent job report, have shown better performance. In the United States, the world's largest economy, nearly 353,000 new workers were added to the workforce last month, according to the census. Recruitment has occurred and is far exceeding expectations, with 187,000 more people expected to be hired. further secured. China's labor market is showing a nearly downward trend, with average hourly earnings increasing by 0.6% (from 0.4% previously). This is instead of a 0.3% decline as recommended by economists.
Some economists are arguing that the first interest rate cut may be delayed due to the threat of fluoride in the supply outlook. In relation to this, "this morning's report and the continued strong consumer activity and sluggish trends indicate that the first interest rate cut could be used to push things further," Stifel wrote in the letter. As an energy company, ExxonMobil and Chevron are also expected to take great action against the plummeting crude oil price to increase supply and demand.
(Thanks to contributors Peter Nurse and Oliver Gray.)