empty
06.07.2023 04:05 PM
Janet Yellen has arrived in Beijing for negotiations

According to recent information, Finance Minister Janet Yellen has arrived in Beijing today for a four-day visit to seek common ground areas. This trip comes as the rivalry between the United States and China intensifies, causing harm to both national economies and global economies.

Experts note that Yellen's visit marks a thaw in relations between the two countries and follows Secretary of State Antony Blinken's visit to Beijing last month, which was the first high-level meeting between the United States and China after several years of tension.

This image is no longer relevant

It is important to highlight that just a few days ago, China imposed restrictions on the export of metals and their compounds in response to recent actions by the United States, which sought to ban the export of AI chips. This escalation has fueled the technological war between Beijing, the United States, and Europe.

During her stay in Beijing, Yellen is expected to discuss possible solutions to the technological conflict with Chinese officials, as it has significant implications for the world's two largest economies.

Chinese President Xi Jinping emphasized in a recent speech that China opposes severing ties and is committed to contributing further to global economic growth, a shared responsibility among many developed countries. Xi Jinping's statement highlighted China's willingness to collaborate with all parties to implement initiatives that foster economic growth and benefit people in different countries. He also condemned protectionism, unilateral sanctions, and the violation of national security concepts.

In pre-market trading, JetBlue Airways shares declined by 1.3% after the company announced the termination of its partnership with American Airlines in the Northeast United States, shifting its focus to Spirit Airlines. American Airlines shares fell by approximately 0.9%, while Spirit Airlines shares rose by 2.3%.

Meta shares, the social network, saw an increase of around 2% in pre-market trading following the launch of Threads, a direct competitor to Twitter. Meta CEO Mark Zuckerberg announced on his Threads account early Thursday morning that 10 million people had registered on the platform within seven hours of its launch.

Sweetgreen's shares surged more than 4% after Bank of America upgraded the stock rating from "hold" to "buy." The decision was based on the growing number of visitors to the network.

Bank of America shares remained relatively stable in pre-market trading after the bank announced an increase in payouts from 22 cents to 24 cents per share. Economists estimate that the 9% increase will result in a dividend yield of approximately 3.3% based on Wednesday's closing price. This increase follows Bank of America's discussion with the Federal Reserve regarding discrepancies in the central bank's stress test results and the internal version of the test.

Microsoft shares rose by 0.8% in pre-market trading as Morgan Stanley raised the target price, suggesting that the company's market value could surpass $3 trillion due to the influence of artificial intelligence.

Regarding the technical outlook for the S&P500, demand for the index has slightly decreased. However, buyers still have the opportunity to continue the upward trend, although bulls need to put in effort to reclaim the levels of $4427 and $4447. If successful, a surge to $4469 may follow. Bulls should also prioritize controlling over $4488 to strengthen the bullish market. In case of further downward movement due to decreased risk appetite, buyers must assert around $4405. Breaking below this level would push the trading instrument back to $4382 and pave the way toward $4357.

Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

El mercado de valores el 14 de marzo: los índices SP500 y NASDAQ continúan cayendo

Los futuros del índice de acciones S&P 500 y NASDAQ continuaron su fuerte descenso y volvieron al desarrollo de un escenario bajista. Las acciones asiáticas, así como los futuros

Jakub Novak 10:16 2025-03-14 UTC+2

Mercado de EE.UU. NASDAQ y S&P 500 en territorio de corrección: 10% por debajo de sus máximos.

S&P500 Análisis del 14 de marzo Mercado de EE.UU.: Corrección profunda. Principales índices de EE.UU. el jueves : : Dow -1.3%, NASDAQ -2%, S&P 500 -1.4%, S&P500 5521, rango 5400

Jozef Kovach 10:15 2025-03-14 UTC+2

Google, la Reserva Federal, Salesforce y los mercados de divisas: eventos que no se pueden ignorar

Los mercados modernos no se detienen: las nuevas tecnologías, los datos macroeconómicos y las decisiones políticas pueden cambiar instantáneamente el equilibrio de poder en la economía global. En este artículo

Natalia Andreeva 11:14 2025-03-13 UTC+2

S&P 500 se acerca a un punto de reversión. ¿Riesgo o oportunidad?

El mercado de valores estadounidense sigue mostrando una alta volatilidad, pero los inversores comienzan a buscar puntos de entrada después de la reciente caída. El enfoque está en la dinámica

Anna Zotova 11:14 2025-03-13 UTC+2

El mercado bursátil el 13 de marzo: el crecimiento de los índices S&P 500 y NASDAQ no duró mucho

Los futuros de los índices S&P 500 y NASDAQ volvieron a caer después de la publicación de los datos de inflación en EE. UU. de ayer, que, sorprendentemente, indicaron

Jakub Novak 07:55 2025-03-13 UTC+2

El mercado de valores el 12 de marzo: los índices SP500 y NASDAQ alcanzaron un nuevo mínimo

Los futuros del índice S&P 500 subieron un 0,2% después de perder un 0,76% al cierre de la jornada anterior, mientras que los contratos de futuros del Nasdaq 100 aumentaron

Jakub Novak 08:18 2025-03-12 UTC+2

El mercado de valores el 11 de marzo: los índices SP500 y NASDAQ cayeron más del 5,0%

La venta masiva de acciones continuó ayer, pero ya se desaceleró hoy durante la sesión asiática, lo que llevó a una recuperación de los futuros de los índices bursátiles estadounidenses

Jakub Novak 08:13 2025-03-11 UTC+2

El mercado de valores el 7 de marzo: los índices SP500 y NASDAQ volvieron a caer

Ayer, los índices bursátiles estadounidenses reanudaron su caída, alcanzando nuevos mínimos semanales. El índice S&P500 perdió un 1,78%, mientras que el tecnológico NASDAQ cayó un 2,61%. Las acciones asiáticas también

Jakub Novak 07:58 2025-03-07 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.