[NYDow・Nasdaq・CME (table)] NYDOW: 38,571.03, -115.29 Nasdaq: 16,828.67, +93.65 CME225: 38,650, -290 (compared to TSE) [NY market data] On May 3, the NY market was mixed. The Dow ended trading at 38,571.03, down 115.29 dollars, while the Nasdaq closed up 93.65 points at 16,828.67. The ISM manufacturing index for May unexpectedly declined, and prices paid also fell, which was bought on expectations of interest rate cuts and rose after the opening. However, the Dow turned to selling throughout the day as concerns about a slowdown in economic growth emerged and remained sluggish. On the other hand, the Nasdaq remained solidly supported by purchases due to the recovery of NVIDIA in the semiconductor industry and the anticipation of lower interest rates, and closed mixed. By sector, semiconductors and semiconductor manufacturing equipment, pharmaceuticals and biotechs rose, while energy declined. The Chicago Nikkei 225 futures settlement value was 38,650 yen, down 290 yen from the Osaka daytime session. In the ADR market, Yucho Bank <7182>, Japan Post <6178>, Recruit HD <6098>, Fujifilm <4901>, Mitsui Fudosan <8801>, Terumo <4543>, Komatsu Manufacturing <6301>, etc. fell, and selling was dominant overall.
The NY market continued to rise on the 13th. The Dow Jones Industrial Average closed at 41,393.78, up 297.01 points, and the Nasdaq closed at 17,683.98, up 114.30 points. The buying continued after the opening, driven by expectations of interest rate cuts. The September Michigan Consumer Confidence Index improved more than expected, strengthening the buying sentiment in anticipation of a soft landing, leading to further gains. In addition to more aggressive predictions of interest rate cuts following comments by former Federal Reserve officials, the rise of semiconductor Nvidia (NVDA) further boosted the market, expanding the gains towards the end. In terms of sectors, durable goods and apparel rose, while real estate and management development fell. The settlement value of the Chicago Nikkei 225 futures was 36,220 yen, 70 yen lower than the Osaka day session. In the ADR market, companies like Japan Post <6178>, Mizuho Financial Group <8411>, SoftBank Group <9984>, Toyota Industries <6201>, Sumitomo Mitsui Financial Group <8316>, Mitsubishi UFJ Financial Group <8306>, Orix <8591>, etc., rose, while companies like Japan Post Bank <7182>, Seven & i Holdings <3382>, Murata Manufacturing <6981>, Shin-Etsu Chemical <4063>, Marubeni <8002>, Bridgestone <5108>, Fujifilm <4901>, and others declined, leading to mixed overall performance.
Nasdaq; 17,683.98; +114.30
CME225; 36,220; -70 (comparison to TSE)
[NY market data]
The NY market continued to rise on the 13th. The Dow Inc closed at 41,393.78, up 297.01 points, and the nasdaq closed at 17,683.98, up 114.30 points. Buying continued after the opening, driven by expectations of interest rate cuts. The September Michigan Consumer Confidence Index improved more than expected, strengthening the buying sentiment in anticipation of a soft landing, leading to further gains. In addition to more aggressive predictions of interest rate cuts following comments by former Federal Reserve officials, the rise of semiconductors Nvidia (NVDA) further boosted the market, expanding the gains towards the end. In terms of sectors, durable goods and clothing rose, while real estate and management development fell. The settlement value of the Chicago Nikkei 225 futures was 36,220 yen, 70 yen lower than the Osaka day session. In the ADR market, companies like Japan Post <6178>, Mizuho Financial Group <8411>, SoftBank Group <9984>, Toyota Industries <6201>, Sumitomo Mitsui Financial Group <8316>, Mitsubishi UFJ Financial Group <8306>, Orix <8591>, etc., rose, while companies like Japan Post Bank <7182>, Seven & i Holdings <3382>, Murata Manufacturing <6981>, Shin-Etsu Chemical <4063>, Marubeni <8002>, Bridgestone Corporation Unsponsored ADR <5108>, Fujifilm <4901>, and others declined, leading to mixed overall performance.