1. Pre-market performance of U.S. stock futures (4:41 p.m. Taipei time):
Dow Jones Index: Up 111 points, or 0.33%, to 33389.
Nasdaq 100 Index: Up 95.25, or 0.87%, to 11040.75.
S&P 500 Index: Up 19, or 0.49%, to 3,865.
[Today’s General Manager]US FOMC meeting minutes, November JOLTs job vacancies, December ISM manufacturing PMI。(Extended recommended reading: 2023 investment outlook and impact, with a calendar of important time for investment!)
2. The key points before the US stock market
1. Minutes of the FOMC meeting in December: At 3 o’clock tomorrow morning, the US Federal Reserve will announce the minutes of the FOMC meeting in December; at the FOMC meeting last month, the Fed finally raised interest rates by 2 yards, bringing the interest rate to 4.25%~4.5 % target interval.
However, due to Powell’s hawkish remarks at the post-meeting press conference and his forecast that the end-of-year interest rate will be higher this year and 2023, and the target range is expected to reach 5.25%, US stocks fell again on the day. The minutes of the last meeting were announced today. If it shows additional hawkish information, it may cause the US stock market to fall again today.(Extended recommended reading: How does the US stock market go? Review the growth of these N industries in 2022 against the trend!)
2. The U.S. House of Representatives will be controlled by the Republican Party: The U.S. Congress will be re-elected today, and the House of Representatives will be controlled by the Republican Party. First seen since 1923. The most popular Republican leader, Kevin McCarthy (Kevin McCarthy), won 203 votes in the first and second rounds, and 202 votes in the third round. Due to the delayed delivery of the speaker, the House of Representatives will enter a state of adjournment.
The Speaker of the House of Representatives is one of the most important positions in American politics. He controls the legislative agenda and timetable of the House of Representatives, as well as the seats on various committees. According to the “Presidential Succession Act” passed in 1947, the Speaker of the House of Representatives is second only to the Vice President in the presidential succession, and ranks third in the political order; if McCarthy wins the election, he will be taken over by the current House Speaker Nancy Pelsoi. bit.(For complete US stock information, go to extended reading – US stock market hot topics)
3. TSMC is bearish by Wall Street banks: Affected by weak demand, Wall Street banks such as Goldman Sachs and UBS have become more conservative towards TSMC. UBS analysts led by Sunny Lin said in a report yesterday that TSMC will hardly survive the 2023 industry downturn. The impact of inventory digestion and terminal demand revisions; taking into account weak consumer demand and the impact of slowing high-end computer growth, TSMC’s 2023 revenue forecast has been lowered from 3% to flat.
4. Full recovery of air travel: Yesterday, Europe’s largest low-cost airline – Ryanair (RYAAY.US) announced that it had transported 11.5 million passengers in December, 3% higher than the pre-epidemic Christmas travel peak. Passenger traffic for the year will reach 165.5 million, far surpassing the previous record of 149 million.
Investment extension recommended reading:
1. What should I deposit?Full special sharing 3 Large ETFs: High dividend, ESGmarket capitalization