The market value of the United States stock market has increased by almost $1 trillion this week, and the technology unit has risen, further bringing the Standard 500 index to historical highs. This round of market growth was driven mainly by weaker than expected employment data in the United States.
Main indicators are up this week.
According to reports, the NASDAQ 100 index rose by 1.69 per cent this week and the General 500 index by 1.24 per cent. After the current round rebound, the PTP 500 index was only about 0.5 per cent above the historical closing point.
The index is close to high, indicating that market risk preferences continue. The Science and Technology Unit, as a more sensitive block for interest rate changes, has again been the direction of capital flows.
Employment data lower interest rate expectations
The market generally links this week's rise to United States employment data. As new employment performances were weaker than expected, investors' bets on further tightening of monetary policy in the future declined.
Such anticipated changes usually have a direct impact on higher-valued technology companies. The reduced upward pressure on interest rates has made it easier for the plates to obtain buy-a-pledge support and has also contributed to the overall lifting of the main equity.
Next week, focus on inflation and the Fed.
Next, the focus of the market will turn to inflation data released next week, as well as the latest statement by Fed officials. These two factors will continue to influence investors ' judgement about the interest rate path.
If the signs of inflation continue to slow, the current upward dynamics may continue; if the data are re-emergenced, market expectations for policy prospects may be re-adjusted.