The three major U.S. stock indices rose collectively during the week, with capital driving being the core motive.

The Wall Street Journal reported today: "Even as Trump threatened to replace the tariffs struck down by the Supreme Court with a 10% global tariff, the U.S. stock market maintained its gains. The S&P 500 index rose 1.1% this week, the Dow rose 0.3%, and the Nasdaq rose 1.5%."

Comment: The strength of the U.S. stock market has nothing to do with tariffs, but rather is driven by capital. Global liquidity is loose, the expectation of interest rate cuts is clear, and there is a large net inflow into stock funds. The concentration of capital flowing into the U.S. stock market is the core driving force behind the steady rise in indices.

Original article: toutiao.com/article/1857699221821451/

Disclaimer: This article represents the personal views of the author.