The USA CPI is as expected; did the Federal Reserve's interest rate cut in December become stable?

The latest CPI report indicates that inflation is not worse than expected, and analysts believe this paves the way for the Federal Reserve to cut interest rates by 25 basis points next week.

Golden10 DataDec 11 22:14

Annual Review | The strongest sector in US stocks for 2024 has been revealed! Technology stocks are leading the way, with the "new AI superstar" Applovin skyrocketing over 700%, and NVIDIA rising over 170% at one point becoming the top company by Market C

The three major U.S. stock indices have repeatedly set historical highs this year, with the Dow Jones Industrial Average once breaking the 45,000-point barrier, and the Nasdaq continually approaching the 20,000-point mark. Even more exciting is that the S&P 500 Index has successfully stood above 6,000 points, marking the 57th closing high of the year.

Futu NewsDec 11 17:50

The Nasdaq has first broken through 0.02 million points, with Tesla leading a number of Technology giants to new highs, and Bitcoin has risen above 0.1 million dollars.

The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.

wallstreetcn8minutes ago

US stock market closing | The Nasdaq rose over 1.7%, surpassing 20,000 points for the first time! Tesla, Google, Amazon, Meta, and Netflix all reached historical highs.

① The Nasdaq China Golden Dragon Index fell by 0.74%, with most China Concept Stocks experiencing declines; ② Reports state that Apple is collaborating with Broadcom to develop an AI Chip; ③ Google launched the next generation AI model Gemini 2.0; ④ Musk became the first person in the world with a net worth exceeding 400 billion dollars.

cls.cn28minutes ago

Wall St Advances as Inflation Data Cements December Rate-cut Hopes

The Edge Markets00:32

U.S. stocks are fluctuating | The market is concerned about the company being removed from the NASDAQ 100 Index, Super Micro Computer (SMCI.US) is down more than 5% in pre-market trading.

On Wednesday, Super Micro Computer (SMCI.US) fell more than 5% in Pre-Market Trading, trading at $38.42.

Zhitong FinanceDec 11 22:27