U.S. stocks closed | S&P 500 and Nasdaq both rose for the fifth consecutive week, with nvidia up nearly 16% for the week and broadcom up 22% for the week.
The rebound in US consumer confidence, the near four-year low in one-year inflation expectations, the support of the former "Fed's three hands" for a 50 basis point rate cut, and the significant increase in betting on substantial rate cuts by the "Fed's communication agency" and others, have returned to the "fifty-fifty" level. Small cap stocks rose by more than 2% on Friday, chip index rose by 10% over the week, NVIDIA rose by nearly 16% over the week, and Broadcom rose by 22% over the week. The two-year US Treasury yield returned to a two-year low, the yen rose above 141, the highest in nearly nine months, offshore renminbi rose above 7.10 yuan, and bitcoin rose to $0.06 million. Oil prices stopped the multi-week decline, and gold rose by over 3% for the best month in a month.
PDD Holdings Options Spot-On: On September 13th, 229.4K Contracts Were Traded, With 1.75 Million Open Interest
On September 13th ET, $PDD Holdings(PDD.US)$ had active options trading, with a total trading volume of 229.4K options for the day, of which put options accounted for 55.19% of the total transactions,
10 Consumer Discretionary Stocks Whale Activity In Today's Session
PDD Holdings Shares Are Trading Higher After the Biden Administration Announce Measures to Curb Low-value Shipments, Which Could Impact Chines E-commerce Companies Shipping to US Customers.
Express News | Temu Spokesperson Says "We Are Reviewing the New Rule Proposals and Remain Committed to Delivering Value to Consumers"
Express News | Temu Spokesperson on Biden Administration Moving to Curb Low-Value Shipments Says Co's Growth Does Not Depend on the De Minimis Policy