Daily Market News Summary

Let's do the daily U.S. stock market news roundup. First, last night, the three major U.S. stock indices collectively fell sharply, with the Nasdaq leading the decline. The reason was the continued impact of Google's storage compression technology. We could also see that the storage sector performed very poorly last night.

Then, during the session, Donald Trump surprisingly said he thought U.S. stocks hadn't fallen enough, and the oil price increase wasn't that significant either. I don't know if he was trying to calm the market or just boasting about himself. Anyway, the market continued to fall after his remarks.

Perhaps seeing the sharp decline in U.S. stocks and bonds, he turned dovish after hours, saying he would delay the strike time by another 10 days, claiming it was at the other party's request. He also emphasized again that the negotiations were progressing very smoothly. However, the other party quickly came out to deny it, so the market didn't see a good recovery.

Alright, the positive we can see now is that at least both sides are already talking. It's just that both sides' demands are a bit high at the moment. Next, let's focus on the progress of the negotiations.

$Microsoft(MSFT.US)$Sandisk(SNDK.US)$Micron Tech(MU.US)$Invesco QQQ Trust(QQQ.US)$iShares barclays 20+ Yr Treasury Bd(TLT.US)$Alphabet - C(GOOG.US)