Good morning.
 It is a" raccoon dog".


Japan time 2018/10/3 6:00 now



NY Dow   :26,773.94 (+122.73)
NASDAQ  : 7,999.55 (-37.76)
S&P500   : 2,923.43 (-1.16)

Shanghai Composite Index:2,821.35 (+29.58)

Foreign exchange dollar yen:113.62  (-0.04)

Nikkei average futures Osaka Securities Exchange (nighttime):24,220.00

【NY Dow】


On the US stock market, the Dow Jones industrial average averaged 30 dollars, up 122 dollars, 73 cents, to 26,773 dollars 94 cents on the previous day and a record high on September 21, lasting 4 days.
Following concerns over the trade friction between the US and each country (mainly China), capital goods shares with a high share of overseas operations are bought and boosted the market.

Following the conclusion of negotiations to review the North American Free Trade Agreement (NAFTA), the expectation that the Trumpe administration would loosen its hard-line approach to major trading partners strengthened and the expectation that the INTC of semiconductors, CAT of construction machinery, BA of aircraft The ratio of capital goods stocks with high ratio of overseas business such as rise in capital goods stocks was conspicuous.

The brands to be lowered also stand out.
The PEP of beverages and foods that announced "Reduction of profit forecast due to high dollar at the same time as settling increases in sales and profits" declined.
AMZN, which announced "raising the minimum wage covered by the problem", and large-scale high-tech stocks such as FB were sold, "Companies are supposed to be cautious about advertisement shopping and advertising revenue is expected to decline."

【

NASDAQ

】


The Nasdaq Composite Stock Price Index fell and fell 37.755 points to 7999.547.
It seems that the impact of the depreciation of AMZN and FB depressed the index was great.

【FRB lecture】


Powell Federal Reserve Chairman Federal Reserve Chairman Federal Reserve Chairman Federal Reserve Chairman Federal Reserve Chairman Powell pointed out the steady rise in the US economy in a lecture on February 2 and is showing a stance to step up the rate hike again.

Then the raccoon returns to the nest.
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