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U.S. stock market early session | 2024 is the last trading day for U.S. stocks! All three major Indices rebounded collectively, with Tesla rising nearly 1%; China Concept Stocks surged, with Xiaopeng Autos up nearly 5%.
U.S. stocks opened slightly higher on Tuesday, with major indices expected to achieve significant gains this year, and the S&P Index may rise over 20% for the second consecutive year. In 2024, investor enthusiasm for interest rate cuts, economic growth, and AI drives the S&P 500 Index to rise over 20% for the second year in a row.
U.S. stock market preview | Tesla rebounds over 1% in pre-market! The Shanghai energy storage factory has begun trial production; Faraday Future surges nearly 30% in pre-market, after skyrocketing 78% yesterday.
For the first time in history! The USA ETF assets surpassed 10 trillion dollars; the market truth that subverts cognition: the yield curve is steep, which is indeed a Bullish for the seven giants of the USA stock market.
Daily Options Tracking | Bitcoin has fallen continuously! MSTR plunged 8% overnight, with multiple put options expiring on Friday doubling profit; NVIDIA saw a bearish L last night with over 21 million dollars involved.
Tesla faced a three-day decline, with a further drop of 3% overnight; last night, the largest Tesla Options transaction amounted to 8.8513 million dollars, which was in a bearish direction.
Allianz's chief economist: Next year, the Federal Reserve has two bad choices.
The Federal Reserve faces a choice: either accept inflation above the target or risk dragging the economy into recession by lowering inflation.
Key manufacturing indicators in the USA have collapsed! The Chicago PMI unexpectedly plummeted to near the lows experienced during the pandemic.
In December, the Chicago PMI in the USA was 36.9, significantly below the expected 43, with the previous value in November being 40.2. Given the dismal Chicago PMI data, the upcoming critical ISM manufacturing PMI to be released later this week may also be disappointing. The unexpected sharp decline in the Chicago PMI has led to an expansion in the gains of US Treasury prices during the day, and the drop in US stock prices has also widened at one point.
Futu Morning Report | The target point for the end of next year is 6,500 points! Citi urges to seize the opportunity of S&P 500's pullback; on the eve of New Year's Day, Hong Kong stocks will be closed this afternoon.
The US stock market will close on January 9 to mourn former President Carter, a tradition that has been in place for a century; it is expected that the US East Coast will be colder than usual in January, and the price of Henry Hub Natural Gas skyrocketed by 20%; the antitrust investigation passed, and NVIDIA officially completed its acquisition of the AI startup Run:ai.