The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.

In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.

wallstreetcnDec 13 07:24

Ideanomics Files for Chapter 11 and Asset Sale

TipRanksDec 6 22:01

Express News | Ideanomics Inc - Dip Lender to Provide up to $11.619 Million in New Financing

BreakingsDec 6 21:34

Express News | Ideanomics Inc - Debtors Enter Dip Loan Agreement With Tillou Management

BreakingsDec 6 21:34

Express News | Ideanomics Inc: On Dec 4, Co, Certain of Its Units Filed Voluntary Petitions for Relief Under Chapter 11

BreakingsDec 6 21:33

US stocks movement | CN Energy rose by 61.79%, making it the biggest gainer among Chinese concept stocks.

December 5th, Gelonghui: The top five stocks with the largest gains in Chinese concept stocks at the close are: CN Energy up 61.79%, Reitar Logtech Holdings up 41.42%, Planet Image International up 35.76%, ideanomics up 35%, and Nano Labs up 25.47%. (Gelonghui)

Gelonghui FinanceDec 5 08:29