Last week's global stock market situation review

Last week, the important market index of the European and American market rose in an all -round way, of which the S & P 500 Index rose 4.26%to lead the world; the major stock indexes in Asia generally fell. 0.4%. Last week, the A -share SSE composite index fell 0.51%, closed at 3253.24 points, the Shenzhen Stock Exchange Index fell 1.03%, closed at 12266.92 points, the GEM fell 2.44%, and closed at 2670.45 points. This week's A shares fluctuated lower, and the macro -liquidity continued to converge.

Some market views believe that the pace of interest rate hikes after the Fed will slow after September. As the boots land, the funds on the north may return, and A shares may return to the upward cycle. In addition, the US debt yield and the US dollar index may enter the downward cycle after interest rate hikes, which is conducive to the future performance of A shares, and is particularly conducive to the increase in valuations of higher prosperity.

The U.S. stock market announced the end of July with rising on Friday, and in July, it has also become the best month since US stocks performed since 2020, recovering part of the decline in the first half of the year. Among them, the Standards 500 Index rose 9.1%in July, and the Dow Jones Industrial Index rose 6.7%, which is the two most powerful single -month performance since November 2020. The Nasdaq Composite Index, which is mainly technology stocks, rose 12%in July to the best monthly increase since April 2020.

The market expects that the slowdown in US economic growth may promote the Federal Reserve to raise interest rates at a slower speed, which has formed good news for the stock market. At the same time, the positive signals of multiple US -listed companies' financial report seasons have also encouraged investors. In the past month, the expectations of the company's quarterly profit growth have increased. However, some Wall Street analysts emphasized that the stock market rebound after the Federal Reserve's interest rate hike is a "trap" ▲ (Ni Hao)

- END -