U.S. stocks closed higher on Tuesday following investors digested Powell’s hawk-dove signal.Dow JonesandThat fingerBoth surged more than 200 points. The legal person believes that following the wait-and-see atmosphere in the market fades, it is expected that Taiwan stocks will return to the upward trend following the short-term high-end shocks.
In addition, the quarterly adjustment of MSCI on February 10th, according to legal person analysis, the weight of Taiwan stocks is expected to increase once more, which will help foreign investors to overbuy and Taiwan stocks are expected to continue to strengthen.
Although the pressure to raise interest rates may be greater than expected, Federal Reserve (FED) Chairman Jerome Powell reiterated that inflation will slow down and predicts that inflation will drop sharply this year. The market reacted optimistically, and the four major US stock indexes closed up across the board.
From the performance of US stocks,Dow JonesUp 265.67 points or 0.78%,That fingerUp 226.34 points or 1.9%,fee halfUp 94.40 points or 3.12%, the S&P rose 52.92 points or 1.29%.
In terms of ADR of Taiwan stocks, it showed a general rise. TSMC ADR (TSM-US) rose 2.96%, UMC ADR (UMC-US) up 2.47%, ASE ADR (ASX-US) up 1.50%, Chunghwa Telecom ADR (CHT US) is flat.
With the sharp rise in US stocks and the rise in TSMC’s ADR,stageIn the night trading, the highest point reached 15508 points, up 111 points. Taiwan stocks edged up 8.09 points to close at 15400.91 points on Tuesday, and the turnover shrank to 187.587 billion yuan.
