Unexpected acceleration in inflation! The USA's November PPI month-on-month growth rate recorded the largest increase since June.

With the rise in food costs, inflation in the USA unexpectedly accelerated in November. The PPI increased by 3% year-on-year, exceeding expectations, marking the largest increase since February 2023, and a month-on-month increase of 0.4%, the highest since June. The significant rise in egg prices overshadowed more moderate cost increases in other areas. The relatively mild increases in other categories suggest that the price indicators favored by the Federal Reserve will also see mild growth. Economists generally believe that this week's CPI and PPI inflation data are basically benign, still pointing to sufficient cooling of inflation.

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Annual review | The top ten explosive stocks in the US stock market for 2024 have been released! Applovin emerges as the dark horse of the year in AI, MSTR astonishes the market with a fivefold increase for the year, and Tesla makes a comeback in the last

As of the market close on December 11, the S&P 500 Index has risen by 27% year-to-date, surpassing 6,000 points; the Nasdaq Composite Index has accumulated a rise of over 33%, reaching a milestone of 0.02 million points, exceeding market expectations.

Futu NewsDec 12 21:40

Invesco QQQ Trust Options Spot-On: On December 12th, 3.51 Million Contracts Were Traded, With 10.9 Million Open Interest

On December 12th ET, $Invesco QQQ Trust(QQQ.US)$ had active options trading, with a total trading volume of 3.51 million options for the day, of which put options accounted for 57.49% of the total

Futu News05:30

Almost 100%! Wall Street is convinced that the Federal Reserve will definitely cut interest rates next week.

Analysis suggests that the Federal Reserve will not deviate from the path of interest rate cuts in December, and there is reason to remain optimistic about the downward trend in inflation, with the most stubborn housing inflation normalizing, and seasonal factors possibly fading in the inflation reports over the coming months.

wallstreetcnDec 12 10:55

Adobe's AI Product Monetization Ability Mitigated Amid Price Pressures, UBS Says

MT Newswires04:28

Could Palantir (PLTR), MicroStrategy (MSTR), and Axon Enterprises (AXON) All Join the QQQ Tomorrow?

24/7 Wall St.03:22