Original title: five major events in today's financial market: us stocks may fall for the fourth week in a row. Dow futures are down about 150 points. Source: British Finance.
©Reuters.
British Financial Information Investing.com-here are 5 major events that the financial market needs to know on Friday, September 25:
1.Us stocks may fall for the fourth week in a row
Us stock index futures show that after a small rebound on Thursday, US stocks are expected to fall again and may fall for the fourth week in a row.
As of 19:47 Beijing time (07:47 et), Dow futures dominated by blue chips were down 161 points, or 0.60%, S & P 500 index futures were down 15.88 points, or about 0.49%, and technology-dominated Nasdaq Investing.com futures were down 28.37 points, or 0.26%, according to British financial information.
So far this week, the Dow is down 3.04%, the S & P 500 is down 7.25%, and the Nasdaq is down 1.12%, having fallen for three consecutive weeks.
So far this month, the Dow is down 5.68%, the S & P 500 is down 2.20%, and the Nasdaq is down 9.37%. If the three major indices fail to reverse the decline in the rest of September, it could end the previous five months of gains.
Within a few days, opening customers are likely to be the focus of the market, after the company reported better-than-expected fourth-quarter results, but fell more than 3% before the opening as investors stopped shipping.
two。Us to release durable goods order data; Italian business confidence is surprisingly strong
The United States will release durable goods order data for August at 20:30 Beijing time (08:30 et). Analysts expect core durable goods orders, excluding volatile shipments, to rise 1.2 per cent month-on-month, slowing further from the strong momentum in the summer.
Paul Donovan, chief economist at UBS Global Wealth Management at UBS, pointed out that the trend of working from home could boost the purchase of durable goods, especially office equipment, for some time, but on the other hand put pressure on companies to buy the same type of products, leaving the overall level little changed.
Earlier today, Italian Istat manufacturing confidence unexpectedly strengthened and exceeded market expectations, boosting expectations that the second wave of Italy's public health crisis was weaker than the first.
3.Amazon.Com Inc launches cloud game service
After Microsoft Corp (NASDAQ:MSFT), Amazon.Com Inc (NASDAQ:AMZN) also launched a cloud-based game subscription service to attract more consumers in the wave of staying at home.
Amazon.Com Inc's cloud game subscription service, called Luna, is priced at $5.99 a month and can enjoy a discount on the purchase of "Luna Controller" custom game handles for $50.
At the press conference on Thursday, Amazon.Com Inc also launched a number of hardware products, including smart speakers, access to Walt Disney Company +, Netflix, Hulu TV rods, drones and so on.
However, Amazon.Com Inc did not release fitness products. The stock price of Peloton Interactive (NASDAQ:PTON) was hit by rumors earlier this week that Amazon.Com Inc would launch fitness equipment.
4.Republicans put out the fire for Trump, promising an orderly transfer of power
Mitch McConnell, the Republican leader in the Senate, has promised an orderly transfer of power if US president Donald Trump loses the election. Mr Trump has previously hinted that there may not be a peaceful transfer of power.
Mitch McConnell said on Twitter that there would be an "orderly transition, just like the transition every four years since 1792".
Separately, Christopher Wray, director of the Federal Bureau of investigation, rejected Trump's concerns about fraud in mailing ballots on Thursday, telling the Senate Homeland Security Committee that "history has not found any form of coordinated national election fraud in major elections in the past, whether by mail or otherwise."
Interestingly, Christopher Ray was personally appointed by Trump.
5.The European Union is Apple Inc.one hundred and fiftyAppeal against a billion-dollar tax case
The European Commission said on Friday that it would appeal against the European Court of Justice's decision that Apple Inc (NASDAQ:AAPL) did not have to pay 15 billion euros in back taxes.
Earlier this year, the European Court of Justice rejected the European Commission's order for Apple Inc to refund about $15 billion in concessionary taxes to Ireland. The European Commission believes that the tax preference arrangement between Ireland and Apple Inc violates the EU antitrust law, but the European Court of Justice said there was not enough evidence that Apple Inc violated EU antitrust rules.
[this article is from British Financial Information Investing.com. For more information, please log on to cn.investing.com or download British Financial Information App]
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