Look at the performance of US stocks tonight. With the support of actual economic data, US stocks generally rose!
The seven technology giants rose collectively, led by Tesla, followed by Amazon.
However, the focus should not be only on the Nasdaq and S&P. The easily overlooked Russell 2000 index rose more than the Nasdaq. Small-cap stocks are collectively exerting their strength, which is also the positive effect brought by tonight's retail data.
However, how long can this positive data last? This week should be the limit, and then the risk market will begin to anticipate various problems and reactions after the interest rate cut.
Gold maintained a small and stable rebound, and the US dollar index began to fall. For such economic data, gold and the US dollar are the most sensitive, and they are also the fastest to decline in such positive sentiment.
