On Tuesday Eastern Time, the three major US stock indexes closed with mixed gains and losses. The Dow Jones Industrial Average fell 0.42%, the Nasdaq rose 0.09%, and the S&P 500 index fell 0.15%. Popular technology stocks fluctuated, with AMD up over 2%, Google, Nvidia, Amazon up over 1%, and Tesla down over 2%. Uranium, robotics, and retail stocks were among the top performers, with NexGen Energy up over 6%, Denison Mining up over 5%, Shopify up over 3%, and Cole's department store up over 2%. Financial groups and industrial metals saw the largest decline, with Galdor Steel falling more than 6% and Newcastle Steel falling more than 3%.
Most popular Chinese concept stocks fell, with the Nasdaq China Golden Dragon Index falling 1.37%. NIO fell more than 4%, Futu Holdings and Weibo fell more than 3%, Ideal Automobile, JD.com, and Bilibili fell more than 2%, Manbang, iQiyi, Baidu, and Alibaba fell more than 1%, while Xiaopeng Automobile and NetEase slightly declined. Pinduoduo and Vipshop rose by over 1%, while Tencent Music saw a slight increase.
Global News

The hawkish stance of the Federal Reserve has softened! Director Bauman: Interest rate hikes may have ended but it's not yet time to cut rates
As one of the most steadfast hawks within the Federal Reserve, Director Bauman slightly adjusted his monetary policy stance on Monday. She said that the interest rate hike may have ended, but she is not yet ready to start cutting rates.
The US stock market has clearly overbought! Xiao Mo Warning: The downward trend of inflation in the United States may have stopped
On Monday Eastern Time, Marko Kolanovic, Chief Global Strategist at JPMorgan Chase, released a report stating that the US stock market may exhibit more fragility and volatility in 2024, and investors should be mentally prepared for a risk return environment that is worse than expected.
Xiaomo: The Fed's potential 250 basis point interest rate cut this year will help achieve a "soft landing" for the economy
Bob Michele, Global Head of Fixed Income at JPMorgan Asset Management, recently stated that the Federal Reserve is likely to lower interest rates by up to 250 basis points in 2024.
Company News
The selling price is about 25000 yuan! Apple "Rocket" new product official announcement! IPhone sales in China plummeted by 30%
According to Apple's official website, the Apple Vision Pro will be launched in the United States on February 2nd and will begin pre ordering on January 19th. Previously, in the early morning of June 6, 2023, at Apple's WWDC23 event, Cook stated, "Vision Pro represents the beginning of a new journey."
The game NPC is alive! Nvidia's New Development in "Black Technology" Exposes Tencent, NetEase, and MiHoYo All Using It
Nvidia officially said that many game developers are using its ACE technology to develop games, including Genshin Impact developers Mihayou, Tencent, NetEase and Ubisoft.
Surpassing the public for the first time! Tesla's 2023 US market share reached 4.2%, ranking eighth
In 2023, Tesla's total market share in the United States surpassed Volkswagen for the first time, with sales increasing by a quarter year-on-year. On Monday (January 8th), the US automotive research website Kelly Blue Book released car sales data for each manufacturer in 2023. Data shows that General Motors remains the best-selling car company in the United States, with a market share of 16.5% and annual sales of 2.5776 million vehicles, a year-on-year increase of 14.1%.
After the ebb of COVID-19 products, Pfizer CEO said that the focus of business would shift to cancer and weight loss
In 2023, Pfizer, which had once been in the limelight, did not fare well. The company's sales related to COVID-19 declined rapidly, and other businesses suffered setbacks, which ultimately led to the stock price falling by more than 41% last year. On Monday (January 8th) local time, Pfizer CEO Albert Bourla stated that he is taking swift action to solve the problem and plans to pin the company's hopes on one of the most competitive growth areas in the pharmaceutical industry: cancer.