US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
U.S. solar stocks have fallen across the board, with canadian solar dropping over 4%.
Glory Times 26th November | Photovoltaic stocks all fell, Trump's actions causing renewed distress among investors. Array, Sunrun, Canadian Solar ADR down more than 4%, Enphase Energy, Jinkosolar ADR, SolarEdge down at least 3.3%, etf TAN down by about 1.2%.
Revolve Expands Canadian Solar Projects With New Acquisition
U.S. lawmakers propose to suspend the 45X manufacturing tax credit, leading to a general rise in American solar energy stocks.
usa Republican Representative John Moolenaar and Democratic Representative Jared Golden of Maine submitted a resolution to the House proposing a suspension of the US 45X Advanced Manufacturing Production Tax Credit (PTC).
SA Sentiment: Nuclear Wins as the Best Alternative Energy Source
Canadian Solar Analyst Ratings