The Dow Jones Index opened up by 231.96 points, with both the S&P 500 and Nasdaq also rising.
According to ChainCatcher, citing Golden Ten Data, the Dow Jones Industrial Average opened on Monday, November 10, up 231.96 points, an increase of 0.49%, at 47,219.06 points; the S&P 500 Index opened up 68.63 points, a rise of 1.02%, at 6,797.43 points; and the Nasdaq Composite Index opened up 365.71 points, an increase of 1.59%, at 23,370.25 points.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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