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Dow Jones 1:00 PM Averages

Dow Jones 1:00 PM Averages

Dow JonesDow Jones2026/08/04 17:00

Dow Jones 1:00 PM Averages

Number of Stocks | Index Label | Price | Up/Down | Net Change | Percent Change 30 INDUS 54,146.50 UP 968.09 OR 1.82% 20 TRANSP 21,735.17 UP 503.98 OR 2.37% 15 UTILS 1,113.48 DN 6.38 OR 0.57% 65 STOCKS 17,114.12 UP 285.93 OR 1.70%

(END) Dow Jones Newswires

August 04, 2026 13:00 ET (17:00 GMT)

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When the market worries about the sustainability of AI profitability, HSBC makes a contrarian statement: US stocks are "not expensive," and the structural investment cycle of AI has not yet been fully priced in.

Willem Sels from HSBC believes that the US stock market is not as expensive as it appears on the surface. He points out that current valuations have yet to fully reflect the scale of productivity improvements and profit growth driven by artificial intelligence (AI).

智通财经2026/09/08 11:12
When the market worries about the sustainability of AI profitability, HSBC makes a contrarian statement: US stocks are "not expensive," and the structural investment cycle of AI has not yet been fully priced in.