The three major indexes of the US stock market collectively closed higher, with the Nasdaq rising 1.35% and returning to above 20000 points; The S&P 500 index rose 1.1%, while the Dow Jones Industrial Average rose 0.91%. Large tech stocks rose across the board, with Tesla rising over 7%, Netflix soaring over 2%, Apple, Amazon, and Meta rising over 1%, and Nvidia, Google, Intel, and Microsoft rising slightly. Among them, Apple has reached new highs for three consecutive trading days, with a total market value of $3.9 trillion.
Popular Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index rising 0.79%. Fangduoduo has risen by over 5%, NIO and Douyu have risen by over 3%, Upward Rongke has risen by over 2%, and Ideal Auto and Xiaopeng Motors have risen by over 1%.
Global News
American Airlines suspends all flights due to technical issues
The Federal Aviation Administration of the United States has announced that American Airlines has suspended all flights nationwide. American Airlines announced on X that all of its flights are experiencing technical issues. The airline stated in another X post that there is no expected time frame, but it is working hard to resolve the issue in the 'shortest possible time'.
What is the impact of the Biden administration's 301 investigation on China's mature process chip industry?
On the evening of December 23rd, as Biden was about to leave office, the Office of the United States Trade Representative (USTR) launched a 301 investigation into China's mature process chip industry, aimed at examining the impact of China's mature process semiconductors on the US economy.
The Federal Reserve's "Variations" sector still receives high attention
Several well-known foreign institutions have analyzed that the sustained inflationary pressure in the United States makes it difficult for the Federal Reserve to further relax its monetary policy. Although the Fed has recently cut interest rates by another 25 basis points, market expectations for a significant rate cut next year have significantly weakened.
Increase by 200%! The explosive growth of downloads for Meta smart glasses related applications
Goldman Sachs analyst Jack McFerran pointed out in the latest report that the download volume of Meta smart glasses related applications has shown explosive growth. The application download data of Sensor Tower shows that the download volume of Meta View supporting applications surged by more than 200% year-on-year in October.
The US stock market is expected to produce the first $4 trillion market value company within this year, and these technology stocks are soaring
On the eve of Christmas, the US stock market is experiencing a wave of 'Christmas market'. On December 23rd, Apple's market value exceeded $3.85 trillion, and it is expected to become the world's first company to enter the $4 trillion club within the year. This is equivalent to the total market value of major listed companies in the German and Swiss stock markets.