On Wednesday Eastern Time, the three major US stock indexes collectively closed lower. As of the close, the Dow Jones Industrial Average fell 0.19%, the Nasdaq fell 0.58%, and the S&P 500 index fell 0.39%. Most popular technology stocks fell, with Nvidia falling more than 2% and Amazon falling more than 1%. The oil and gas, solar energy, and shipping sectors saw the largest decline, with the first solar energy sector falling more than 6%, Senko Energy and Nabos Industries falling more than 5%, XPO falling more than 4%, and Marathon crude oil and Kabi Shipping falling more than 3%. Cruise ships, airlines, and lithium battery sectors saw the highest growth, with Carnival cruise ships up nearly 6%, Yabao in the United States up over 4%, and Norwegian cruise ships, Delta Air Lines, and United Continental Airlines up over 3%. Most popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index rising 0.51%. NIO rose more than 4%, Xiaopeng Motors rose more than 3%, Weibo rose more than 2%, JD.com and Manbang rose more than 1%, while Ideal Automobile, Vipshop, and iQiyi saw a slight increase. Futu Holdings, Alibaba, and Pinduoduo fell more than 1%, while Tencent Music, Baidu, and NetEase saw a slight decline.
International oil prices have plummeted, with WTI crude oil futures falling below the integer level of $70 per barrel, marking the first time since July 4th, with a drop of over 4%. Brent crude oil fell below $75 per barrel, with a daily decline of over 3%.
Global News

Twice the price in three years! The market value of the Indian stock market has exceeded $4 trillion. Analysts: Their institutional T+3 retail T+0
India attaches great importance to investor protection and must repurchase the shares held by investors during delisting to ensure that shareholder rights are not infringed upon. Another trading mechanism is institutional T+3 and individual investment T+0, so these mechanisms ensure that India can maintain a bull market for 20 years.
Wang Yi Holds Telephone Talks with US Secretary of State Brynken
On December 6, Wang Yi, member of the Political Bureau of the Central Committee of the Communist Party of China and Foreign Minister, held a telephone conversation with Secretary of State Brinken of the United States at request, according to Broad Pacific Official Micro blog.
AI will bring systemic risks to the financial system, and the Bank of England will study how to resist this threat
The Bank of England warned on Wednesday that the widespread use of artificial intelligence (AI) may pose systemic risks to the financial system, and stated that it will evaluate and study how to counter this threat in 2024.
Will the US government raise the threshold for hydrogen production subsidies? Industry warning: Biden may ruin the US hydrogen industry!
On Tuesday Eastern Time, a leaked draft US government document showed that the US Treasury Department intends to significantly raise the threshold for tax reductions in the US hydrogen industry. The draft document shows that the US Treasury Department intends to require hydrogen production operations to be powered by newly built wind, solar, or other clean energy projects in the past three years, otherwise tax breaks will not be provided. In addition, starting from 2028, the original annual verification of the power supply source for electrolytic hydrogen facilities will be changed to hourly verification of the power supply source.
Company News
NVIDIA CEO Huang Renxun: Will provide new products that comply with US regulations for the Chinese market
On December 6th, Huang Renxun, CEO of American chip company Nvidia, stated that Huawei is one of Nvidia's "very strong" competitors in the competition to produce the "best" artificial intelligence chips. He revealed that Nvidia is working closely with the US government to ensure that new chips targeting the Chinese market comply with export restrictions.
The US Secretary of Commerce warns Nvidia on how to continue its "China Special Supply" business?
How to comply with the US government's export ban and do more business with Chinese customers as much as possible? For a considerable period of time, this will be one of the most important issues that chip giant Nvidia will always face.
Officially announced about 18 billion yuan! Alibaba will distribute annual dividends for the first time
Alibaba announced today that it will distribute annual dividends for the first time in the 2023 fiscal year, with amounts of $0.125 per ordinary share or $1.00 per American depositary share, to be paid in US dollars. According to the financial report, the total dividend amount is approximately $2.5 billion (approximately RMB 18 billion).
Novo Nord welcomes good news again! Wegovy's drug adherence is much higher than that of regular weight loss drugs
According to analysis of medical records and insurance claims data in the United States, 40% of patients who took the Novo Nordisk weight loss medication Wegovy between 2021 and 2022 continued to take the medication one year later, which is more than three times the proportion of regular weight loss medication.