US stocks had a good start to the new year. Driven by large technology stocks, the S&P 500 index successfully broke through a record high. The Dow reached 38,000 points for the first time in history, and the NASDAQ was only one step away from the record high.

As time enters February, there will still be many major events happening in the US stock market:

• The Federal Reserve's “2024 debut” is coming: The Federal Reserve will officially hold its first FOMC interest rate meeting in 2024 and will announce the interest rate decision at 3 a.m. on February 1, Beijing time. Afterwards, Chairman Powell will also hold a press conference to deliver a speech related to the latest monetary policy.

• The US stock earnings season has reached its climax: Apple, Amazon, and Meta will perform together after the market on February 1 EST. They are likely to be the key forces determining the next direction of US stocks, along with the US Federal Reserve's decision in the early hours of Thursday morning.

Behind the sharp rise in the stock prices of tech giants, risks also clearly exist. Since the stock prices of most supercap stocks have reached record highs, many industry insiders worry that investors only pay too much attention to a few stocks. If the financial results are not as good as expected, it may cause investors some pain.

• China Securities Earnings Season Begins: Alibaba will disclose the results of the US stock pre-market on February 7, kicking off the first round of China Securities earnings season.

• A series of major data has been revealed one after another: including January non-agricultural data, CPI data, PPI data, PCE data, etc.

Furthermore, on February 7, the US Treasury announced the debt issuance plan for the new quarter; on February 22, the Federal Reserve will also release the minutes of the monetary policy meeting. These also require close attention from investors.

Editor/Somer