secondary battery-related stocks also gained strength in the Korean stock market

Current Market

Semiconductor-related stocks led the rise in the Korean stock market on a conference call by Texas Instruments, which announced its earnings after the closing of the U.S. stock market. On top of that, secondary battery-related stocks also gained strength in the Korean stock market as Tesla surged after citing low-cost vehicle production schedules and robotaxi despite its sluggish performance after the after-hours earnings announcement.

Meanwhile, the Australian dollar strengthened after the consumer price index exceeded expectations at 10:30 a.m., and the U.S. government bond rate expanded as interest rates on Australian government bonds continued to rise. Of course, the rise in after-hours futures on the U.S. stock market is one of the reasons for the rise in government bond rates amid weakening preference for safe assets. Meanwhile, the dollar also shrank its weakness, turning it slightly stronger now. We need to pay attention to the impact of the dollar and interest rates on the U.S. stock market today.

As economic indicators, orders for durable goods will be announced, but the market is expected to improve from 1.3% to 2.3% month-on-month. However, the figure excluding transportation is expected to slow from 0.5% to 0.3%. Other bids for five-year government bonds are also noted. Depending on the results, volatility in government bond rates may increase.

The earnings announcements included Summer Fisher (TMO), AT8&T (T), Boeing (BA), Boston Scientific (BSX), Humana (HUM), Biogen (BIIB), Hasbro (HAS) and others before the market opened,
After the market closes, there are schedules such as Meta Platforms (META), IBM (IBM), ServiceNow (NOW), Lam Research (LRCX), Chipotle Mexican Grill (CMG) and Ford (F).