Today's stock market analysis and outlook (8.8)

time:2023-03-24 00:48:34 source:clevelanddrifters.com author:Hot industry
Today's stock market analysis and outlook (8.8)

#Header Finance# #stock finance# #[Weekend News] In July, China's exports increased by 23.9% to 2.25 trillion yuan, and imports increased by 7.4% to 1.56 trillion yuan; Sanya refined temporary global static management measures, the city's communities, villages Residential community enterprises and institutions implement closed management, and do not go out, do not move, and do not gather unless necessary, so as to ensure people’s livelihood and supply; the Civil Aviation Administration optimizes and adjusts the circuit breaker measures for international scheduled passenger flights; the Ministry of Natural Resources proposes to improve the protection of strategic mineral resources capacity, and increase the exploration of strategic mineral resources; the price of real biological azvudine tablets is initially set, less than 300 yuan per bottle, 35 tablets per bottle, 1mg per tablet. [Important announcement] Chuanyi Technology plans to set up Jiangsu Chuanyi Na-ion Battery Research Institute Co., Ltd.; Avita 11, a pure electric SUV created by Changan Automobile's Avita, Huawei and CATL, will be officially listed on August 8; Invested 3 billion yuan to build a new project with an annual output of 30,000 tons of lithium hexafluorophosphate, 6,000 tons of high-purity lithium fluoride and supporting by-products; Muyuan Co., Ltd. The average sales price of commercial pigs in July was 21.33 yuan/kg, a month-on-month increase of 29.04%; China Huarong and listed real estate company Sunshine Sunshine Group, the parent company of the city, signed the "Framework Agreement on Relief and Restructuring" and held a strategic cooperation meeting on rescue. [Foreign disk dynamics] The United States added 528,000 non-farm payrolls in July, significantly exceeding the expected 258,000. The Fed is expected to raise interest rates by 75 basis points in September. US stocks were mixed on Friday. The Nasdaq fell 0.5%, up 2.15% last week; the S&P 500 fell 0.17%, up 0.36% last week; the Dow rose 0.23%, down 0.13% last week. The Nasdaq and S&P 500 rose for three consecutive weeks. [Market Review] A-shares rebounded continuously on Friday, and the semiconductor sector stepped out of the daily limit. The Nasdaq rebounded to a new high overnight, superimposed on risk aversion, and the semiconductor sector rose sharply at the opening, but the subject stocks continued to perform in the doldrums, robots and UHV stocks generally fell, and pharmaceutical stocks generally rose, but the overall performance of new energy was weak. The daily limit of semiconductors continued to expand, driving changes in safe-haven products such as software, military industry, and rare earth. The rapid rise in the securities sector drove the Shanghai index higher, and the sentiment of individual stocks recovered significantly. The major indexes collectively recovered 5 antennas. The Shanghai Composite Index rose 1.19% throughout the day, the Genesis Index rose 1.62%, and 29 shares of Semiconductor Concepts rose by the daily limit. [Today's Outlook] A shares rebounded for two consecutive days under the semiconductor outbreak on Friday, but in the short term, it is still difficult to exceed expectations. Policy news drives the market to continue to rise. Although exports in July exceeded expectations, the virus has repeatedly lowered consumption expectations or is under pressure again. The uncertainty of external relations is still large, and the medium-term trend of major indexes is still weak from a technical point of view. The Shanghai Index may continue to consolidate by 3200 points in the short term.

(Responsible editor:Technology stocks)

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