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Daily US Stock Market Highlights Express (Friday, May 31)

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2024-05-31 12:55:46
< br > < b > IMPORTANT NEWS < br > < span class = "section-news" > 1. The Fed's favored core inflation measure cooled, with the core PCE price index registering a lower-than-expected monthly rate of 0.2% in April. < br > < span class = "section-news" > 2. After the release of the US PCE data, the pricing of the interest rate swap market has remained stable, and the Fed is expected to cut interest rates at least once in 2024. < br > < span class = "section-news" > 3. "Fed Messenger" Nick Timiraos: Today's PCE results are not expected to change the Fed's "wait-and-see" attitude in the near future. < br > < b > Individual stock news < br > < span class = "section-news" > 1. According to media compilation data, the "Big Six" of US stocks Microsoft, Apple, Nvidia, Google parent Alphabet, Amazon and Meta currently account for about 30% of the S & P 500 index weight. < br > < span class = "section-news" > 2. Tesla (TSLA. O) shareholders reject Musk's compensation plan. < br > < span class = "section-news" > 3. Jia Yueting: "Jia Yueting and FF admit that the company will never be profitable" is completely untrue. < br > < span class = "section-news" > 4. UBS says Microsoft (MSFT. O) may be NVIDIA's biggest customer, accounting for nearly 20% of its revenue < br > < span class = "section-news" > 500 million millionaire investor Bill Ackerman plans to IPO Pershing Square, which is expected to be valued at about $10.50 billion. < br > < span class = "section-news" > 6. Tesla (TSLA. O) is recalling 125,227 U.S. vehicles. < br > < span class = "section-news" > 7. Dell (DELL. N) 's total revenue for the fiscal first quarter was higher than expected, but adjusted operating profit missed expectations.
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