Investors are waiting for Fed ChairmanballSpeaking of, the US bond market remains under pressure with 2-year TreasuriesYieldThe three major US stock indexes were mixed in early trading on the 16th, close to the important psychological level of 5%. The Dow Jones Industrial Average rose 0.25%, trying to break its sixth consecutive losing streak.stamp 500The NASDAQ fluctuated in a narrow range with the NASDAQ trading near flat; TSMC ADRs fell 0.5%.

Tesla fell 4.5% to US$154.27 in early trading. Its market cap crossed the US$500 billion mark and reached approximately US$494 billion. This was primarily due to the company’s largest layoffs in history, which led to external concerns about its future growth trajectory. Worry.

Ball is scheduled to deliver a speech at noon Eastern Time on the 16th, before the U.S. 2-year and 10-year Treasury bond yields rose, helping the dollar rise for the fifth consecutive day.

Still, the early days of earnings season give Wall Street optimism. According to FactSet, less than 10% of the companies in the S&P 500 index have released financial reports, but nearly four-fifths of those released have exceeded market expectations. The financial report released by banking giants Morgan Stanley and Bank of America on the 16th led to Morgan Stanley rising by 3%, but Bank of America reversed the trend and fell by 4%.

Finance(tagstotranslate)Yield(T)Ball(T)S&P 500