Daily Report | 23 November 2022
Besides the energy stocks, retail stocks propped the S&P 500 up by 50 points. The appreciation of several retail
Besides the energy stocks, retail stocks propped the S&P 500 up by 50 points. The appreciation of several retail
SUN market at the beginning of the week was relatively flat. As for external sentiment, China has again held its
The speculation of China's Zero-Covid Policy re-implementation put pressure on energy stocks. Non-Primary Consumers and
Wait and see ahead of the release of BI 7DRR, and the fading effect of US inflation, colored the market for a week. The
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Wait and See ahead of the BI 7DRR release, and the fading inflation effect makes the JCI remain flat within the week.
Stocks are defensive to prop up the S&P 500, ignoring speculation of a fifth FFR 75Bps gain in December. On the
Jobless claims fell 2% within the week, again giving the Fed a Hawkish room. Data showed that US Initial Jobless Claims
Jobless claims fell 2% within the week, again giving the Fed a Hawkish room. Data showed that US Initial Jobless Claims