U.S. Stock Exchange 2024.8.2. Key Status

U.S. Stock Exchange 2024.8.2. Key Status

1. U.S. July ISM manufacturing PMI 46.8, lowest in eight months
2. 249,000 U.S. weekly jobless claims, highest in a year
3. 10-year Treasury yield falls below 4%, concerns intensifying over economic slowdown
4. UK central bank cuts key rate by 25 basis points, first since COVID pandemic
5. U.S. and Russia’s massive exchange of prisoners, WSJ reporters and others released
6. Hamas military leader killed in Israeli airstrikes, fears of escalation in Middle East
7. EU Enforces World’s First ‘AI Regulation Act’, “Obligation to Transparency in Big Tech Technology”
8. Apple, Amazon, Intel earnings report, after-hours plunge on ‘earnings shock’ after-hours
9. U.S. July job cuts plan 26,000 jobs, 47% drop month-on-month
10. BOE cuts interest rate to 5.00% from 5.25%, first since pandemic
11. BOE Governor Bailey “Enough easing of inflationary pressure”
12. Atlanta Fed to 2.5% from Q3 GDP forecast of 2.8%
13. CRFA Offers 12-Month Target For S&P 500 At 6,145
14. Wall Street Raises Meta Goals In unison
15. Amazon Hits Ad Revenue Expectations, Sluggish Guidance
16. ARM Holdings, Royalty-based Semiconductor Shipments Expected to Decline
17. Intel plans to cut staff to cut costs
18. BYD Supplies 100,000 Electric Vehicles To Uber
19. Moderna, Vaccine Market Struggles, Downgrades Guidance
20. Jebbound confirms Eli Lilly heart failure improvement effect
21. U.S. Commerce Department Rejects Applied Materials Semiconductor Act