overnightmove

☀️ Morning News · September 09

On the previous trading day, all three major U.S. stock indexes closed lower. The S&P 500 fell 0.58%, and the Nasdaq fell 0.32%, with market sentiment remaining somewhat cautious. This morning, Asian markets showed mixed performance: Japan’s Nikkei 225 dropped 1.07%, while South Korea’s KOSPI rose 0.81% against the trend, diverging from the U.S. market. A-shares opened slightly higher, but Hong Kong stocks were relatively weak. The VIX stood at 15.7, up 2.75% on the day. Although it remains at a low level, risk-aversion sentiment has shown some uptick.

On the macro front, China’s August CPI rose 0.8% year over year, matching expectations. The PPI year-over-year increase widened to 3.8%, and month over month it turned positive. This indicates a recovery in demand on the industrial side, which may provide support for cyclical assets. Today’s risk appetite will most likely remain range-bound and slightly weak. Funds may prefer industrial-sector themes that benefit from the upward trend in PPI, rather than high-valuation growth stocks.

Overnight shock:

BNC up 37.9%　(There is no publicly available news to explain this move.)
GPRO down 12.1%　09-07 Insider Monkey: GoPro (GPRO) Trades its Camera Story for an AI Data Center …

None of the 11 levels mentioned earlier were reached—still posted and waiting.

#Macro #OvernightMove #MarketUpdate
Before the open, are you more focused on the interest-rate direction, or whether the overnight anomaly can continue?

I’ve been trading U.S. stocks for 3 years. I came because Binance can do U.S. stocks. There are two reports every morning and evening—feel free to check them out.