The NASDAQ index reached a record high

Huitong Network5month2Daily news - US stock market S&P500Index and NASDAQ Index Monday（5month1On the rise, large technology stocks such as Apple rose, overshadowing the pressure brought by a series of weak economic data and driving the Nasdaq index to a record high.

Apple stock price jumps2%Set a new record high for the three major companiesstock market indexBring support. The company will release its performance on Tuesday.

The S&P Technology Index Rises0.9%, including MicrosoftAlphabetandFacebookThe stock prices of major technology companies, including others, have reached new highs, with technology stocks being the best performing major sector stocks this year.

Investors are preparing for another week's release of a large number of corporate quarterly reports, and the performance of the financial reporting season so far has exceeded expectations.

Market observers have been searching for evidence to support stock prices in their performance, based on future profit estimates, S&P500P/E ratio higher than long-term average20%。

Chase Investment CounselCEO Peter Tuz"This will be the strongest quarter in several years, which will attract people to the stock market and return to a well performing stock market," he said

Financial stocks up0.6%Despite President Trump's statement that he is actively considering spin off large banks, causing volatility.

US Treasury Secretary Nuchin stated that the US may need up to two years to achieve3%The economic growth rate can be achieved by reducing taxes and relaxing regulations, which can help achieve this growth goal.

A series of lackluster US economic data may have suppressed stock market gains. United States4The monthly manufacturing activity has slowed down,3Monthly consumer spending remains stable, with a key inflation indicator coming from2001For the first time in a year, a monthly decline was recorded.

Investors are eagerly anticipating economic data to be released later this week, including Friday's non farm payroll report and the Federal Reserve's two-day policy meeting on Tuesday.

John Hancock InvestmentsSenior Capital Market Research AnalystMatt Miskin"The economic data released today, prior to the release of employment data on Friday, has made some investors feel uneasy," he said

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