What happened? The Christmas rally in U.S. stocks encountered setbacks, with Goldman Sachs warning that headwinds have exceeded tailwinds in the past two days.

Goldman Sachs estimates that recent rebalancing by retirement funds involved selling 27 million dollars in stocks, noting that retirement funds often begin a portion of their rebalancing trades one or two days in advance. Last Friday's sell-off, accompanied by rising US Treasury yields, was a strong signal indicating that this rebalancing is occurring, and the decline in US stocks last Friday is expected to trigger more CTA sell-offs in the coming days.

wallstreetcn07:19

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.

Futu News28minutes ago

Top 20 by transaction volume | Tesla fell over 3%, with a transaction volume exceeding 27 billion USD; Bitcoin briefly dropped below 92,000 USD, MicroStrategy fell over 8%.

On Monday, the top traded stock in the US was Tesla, which closed down 3.30% with a trading volume of 26.673 billion dollars. The second was NVIDIA, which closed up 0.35% with a trading volume of 23.068 billion dollars. The third was Apple, which closed down 1.33% with a trading volume of 8.953 billion dollars.

Global market report07:27

The U.S. stock market will be closed on January 9 to mourn former president Carter's passing, a tradition that has been in place for a hundred years.

① The U.S. stock market will be closed on January 9 next year to mourn former President Carter; ② Closing the market to commemorate former presidents is also a tradition in the American Financial market that has lasted for over a hundred years; ③ It is reported that the Bonds market will close early at 2 PM on January 9.

cls.cn07:04

U.S. stock market close | The S&P 500 and Nasdaq have fallen more than 1% for two consecutive trading days, Growth Tech stocks generally declined, with Tesla down over 3%.

As the USA debt ceiling will be reinstated on January 2 next year, the Treasury may reach the debt ceiling between January 14 and January 23, at which point extraordinary measures will need to be taken to prevent a sovereign debt default by the USA.

cls.cn06:30

For the first time in history! The assets of USA ETFs have surpassed 10 trillion dollars.

According to the latest data from Cerulli Associates, assets of Exchange-traded Funds in the USA exceeded 10 trillion dollars for the first time in November.

Zhitong Finance06:00