After a collapse on Wednesday following the Fed’s hawkish hint of a smaller interest rate cut in 2025, the three major US stock indexes on Thursday showed little rebound and finished lower. The DJIA, which tumbled 1,100 pts yesterday, rebounded 460 pts once in early trading before giving up the gains. It ended the day slightly higher, up 15 pts at 42,342, halting its 10-day losing streak.

The S&P 500 closed 5 pts or 0.1% lower at 5,867, while the Nasdaq fell 19 pts or 0.1% from a rise of nearly 1% to close at 19,372.

Techs jumbled. Nvidia (NVDA.US) and Amazon (AMZN.US) both rose more than 1%. Tesla (TSLA.US), which had picked up more than 3%, closed down 0.9%. Alphabet (GOOG.US) and Meta (META.US) dipped less than 1%. Apple (AAPL.US) added 0.7%.

Micron (MU.US) closed down 16% after reporting weak revenue guidance for the current quarter.
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AAStocks Financial News
Web Site: www.aastocks.com

SG Top Picks
Stock & Type	Code	Strike(Call Level)	Last	Effective Gearing
TSLA (C)	10493	620 (-)	0.660	3.6 X
TSLA (C)	10469	440 (-)	1.390	2.9 X
TSLA (P)	10494	320 (-)	0.495	2.6 X
TSLA (P)	10468	250 (-)	0.188	3.2 X
Nvidia (C)	10447	175 (-)	0.106	5.3 X
Nvidia (C)	10405	160 (-)	0.114	5.7 X
Nvidia (P)	10448	123 (-)	0.213	3.3 X
Nvidia (P)	10300	110 (-)	0.099	4.7 X
AMZN (C)	10406	220 (-)	0.345	5.8 X
AMZN (P)	10449	174 (-)	0.114	5.1 X
META (C)	10440	700 (-)	0.560	5.9 X
META (P)	10436	480 (-)	0.265	5.9 X
APPLE (C)	10321	262 (-)	0.157	10.3 X
APPLE (P)	10495	218 (-)	0.171	5.6 X
APPLE (P)	10410	193 (-)	0.038	9.0 X