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a giant suddenly broke out, and 33,000 workers went on strike

2024-09-14

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on friday, september 13th, eastern time, the three major u.s. stock indexes all closed higher, with the s&p 5000 and nasdaq recording five consecutive increases, marking their best single-week performance this year.

one sentence and the stock price surged by 30%! trump said he had no intention of selling his shares after the lock-up period. trump media was instantly "detonated", rising more than 30% during the session and finally closing up 11.8%.

boeing's 33,000 workers went on strike, the first time since 2008.

s&p 500, nasdaq post biggest weekly gains in nearly a year

as of the close, the dow jones industrial average rose 0.72% to 41,393.78 points, the s&p 500 rose 0.54% to 5,626.02 points, and the nasdaq rose 0.65% to 17,683.98 points. both the s&p 500 and the nasdaq recorded five consecutive days of gains.

us stocks performed strongly this week, with the dow jones industrial average up 2.6%, the s&p 500 up 4.02%, and the nasdaq up 5.95%. among them, the s&p 500 and the nasdaq recorded their largest weekly gains since november last year, and the dow jones industrial average recorded its largest weekly gain in a month.

deutsche bank raised its year-end target for the benchmark s&p 500 to 5,750 from 5,500, citing increased share buybacks, strong corporate earnings and robust fund inflows driven by strong risk appetite.

the new target represents a 2.75% upside from the s&p 500's thursday close of 5,595.76, and suggests the index could hit another all-time high.

the market is awaiting the federal reserve's monetary policy meeting on september 17-18. currently, most market participants expect the fed to cut interest rates by 25 basis points.

trump's words

dtj surged 30% instantly

trump holds 114.75 million shares of trump media & technology group (dtj), accounting for 57% of the total share capital. according to spac listing regulations, there is a six-month lock-up period for the shares of listed companies.

trump said on friday he does not plan to sell his stake in djt when the lock-up period ends at the end of this month.

dtj surged more than 30% in an instant during trading, but quickly gave up more than half of the gains and closed up 11.8%.

gold prices continue to hit new highs

international gold prices continued to hit new highs, with spot gold and comex gold futures both rising by more than 3% this week.

london spot gold rose 0.74% to $2,577.615 an ounce on friday, and rose 3.21% this week.

comex gold futures rose 0.99% to $2,606.2 an ounce on friday, up 3.31% this week.

gold stocks rose across the board, with colderene mining up 6.42%, sand storm gold up 3.32%, harmony gold up 2.89%, gold fields up 2.6%, anglogold up 2.25%, barrick gold up 1.21% and eldorado gold up 1.07%.

33,000 boeing workers go on strike

33,000 workers at boeing's two u.s. factories will go on strike from midnight on september 14. 96% of boeing's u.s. factory workers voted in favor of the strike. boeing's union said 94% of the votes were against the labor contract. workers at boeing's 737 and 777 aircraft production plants are on strike.

according to the preliminary agreement reached between boeing and the union, employees' wages will increase by 25% in total over a four-year period, while reducing workers' medical insurance costs and increasing vacation time. however, many members insisted on a 40% pay increase.

boeing ceo kelly ortberg has previously warned that the strike will undoubtedly deal a major blow to its efforts to reverse its factory operations at a critical moment when the company is trying to recover from years of turmoil.

in addition, the chairman of the u.s. senate permanent subcommittee on investigations said that federal aviation administration administrator michael whitaker will testify at a boeing investigation hearing on september 25.

airline stocks were mixed. boeing fell 3.59%, american airlines fell 1.75%, delta airlines rose 2.11%, southwest airlines fell 0.64%, and united airlines rose 1.15%.