Tech comeback, China, US dollar and rates: Market Takeaways

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Nasdaq Composite Notícia

Jared Blikre,Federal Reserve,Interest Rate Environment

The tech sector (XLK) saw gains of 2.5% in this trading week as the tech-heavy Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) indexes both rose by over 1.1...

comes on Asking for a Trend to detail this week's biggest market trends, including the Chinese economy's seeming adoption of Keynes values and the US dollar's reaction to the Federal Reserve's new interest rate environment.Yah FINANCE Jared Bli joins us now with more on the trading day takeaways.You thought the mega caps and the Mag seven were out?And that's why I say tech roaring back.I'm going to cover the sector action.

Now you take a look at the NASDAQ over this time hasn't necessarily necessarily been about the mag seven, but we're nevertheless seeing some great gains by NVIDIA pressing up against its record highs and meta so kind of, I wouldn't say roaring back.And just at the same time we have the industrials and the financials we got earning season going on.

It's going to be really fascinating to see where the Chinese stock market opens up on Sunday evening here in the US.Well, during election years now, we talked about seasonality in September.But what you're gonna notice here is right in the middle of the month, which we're kind of approaching right now.

I always say, Watch the dollar because that's what you kinda gotta do in these circumstances, when the Fed is lowering rates and interest rates are actually rising doing the opposite.Let me put a year to date chart on Not gonna sh Well, you can kind of see this rise.You can see this is basically two weeks.Nevertheless, that gives me a little bit of pause, because on a 10 year basis, we are launching, Let me give you a 20.

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