U.S. stocks closed: Powell suppressed rate cut expectations, the three major indexes accelerated their decline in the last minutes.
1. China concept stocks were generally down, with the Nasdaq Golden Dragon Index falling by 1.81%; 2. The Trump transition team is planning to cancel the $7,500 tax credit for electric autos; 3. Ford was fined $0.165 billion for failing to comply with recall requests; 4. Blackrock aggressively bought Apple in Q3 and continued to increase its shareholding in the 'Big Seven' companies.
Behind the Scenes of Goldman Sachs Gr's Latest Options Trends
Michael Burry's Scion Fund Exits BioAtla, Boosts Alibaba Stake, Adds Puts: Top Q3 Trades
Scion Asset Management 13F Shows Added Put Position In JD.com With 500,000 Shares; Added Put Position In Alibaba Group With 168,900 Shares; Added Put Position In Baidu With 83,300 Shares
7 Financials Stocks Whale Activity In Today's Session
Leading the rise in overseas bank stocks, is Goldman Sachs really the big winner in the Trump trade?
Analysis suggests that due to the significant growth of private crediting and alternative assets, goldman sachs may become a potential big winner among banks. On one hand, there will be no restrictions on private crediting during Trump's presidency, allowing it to continue growing for the next four years; on the other hand, the rise in government bond yields may also benefit private crediting.