U.S. stocks nearly opened Kohs Department Store more than 7%

Author:Zhongxin Jingwei Time:2022.08.18

Zhongxin Jingwei, August 18th. On Thursday evening, Beijing time, the three major stock indexes of the US stocks were almost flat. The S & P 500 Index opened 0.91 points lower, down 0.02%to 4273.13 points; the Dow Jones Industrial Average opened by 1.54 points to 33981.86 points; the Nasdaq Composite Index opened at 0.34 points to 12937.78 points.

In terms of individual stocks, Cisco rose more than 7%, revenue of US $ 13.1 billion in fiscal quarter in fiscal 2022, and expected to US $ 12.728 billion. Corus Department Store fell more than 7%, and its net profit in the second quarter was US $ 143 million, a year -on -year decrease of 63%. Estee Lauder fell 2.0%, and the net profit of the fourth quarter fell 95%.

In terms of data, on August 18, local time, the US Department of Labor released data. As of the week of August 13, the number of people applied for unemployment relief for the first time in the United States was 250,000, which was lower than the forecast of 265,000; Compared with 252,000 people who applied for unemployment relief for the first time, it reduced by 2,000.

The Federal Reserve Bank of the United States announced that the new monthly manufacturing index was 6.2. In July, the index was -12.3, which was the worst since July 2020. Experts predict that the index in August is -5, and the actual announcement value is higher than the forecast value.

According to the Wall Street Journal Chinese website, the US stock market has rebounded from the low point in mid -June, but the S & P 500 index encountered a strong resistance near a key moving moving average. Observer said that if this resistance cannot be overcome, it may trigger a sharp decline in the stock market in the short term and vomit the recent increase. The same will confirm that this summer's rise is a view that it belongs to the bear market rebound. (Zhongxin Jingwei APP)

Pay attention to the official WeChat public account of JWVIEW (JWVIEW) to get more elite financial information.

- END -