U.S. stocks close | U.S. stocks wrap up 2024! The S&P 500 has risen over 20% for two consecutive years, but it has experienced its longest year-end decline in fifty-eight years.
The S&P 500 and Nasdaq fell for four consecutive days, with NVIDIA dropping over 2% and Tesla dropping over 3%. The China concept Index rose 1% in the morning, performing well throughout the day, with PDD Holdings increasing by nearly 3%. The yield on the 10-year U.S. Treasury initially fell then rose, the dollar reached a two-year high, Bitcoin tested $0.096 million before retreating, and the offshore yuan briefly pressured down to 7.37 yuan, marking a two-year low.
S&P 500 Delivers First Back-to-back Annual Gains of More Than 20% Since 1998
U.S. stock market early session | 2024 is the last trading day for U.S. stocks! All three major Indices rebounded collectively, with Tesla rising nearly 1%; China Concept Stocks surged, with Xiaopeng Autos up nearly 5%.
U.S. stocks opened slightly higher on Tuesday, with major indices expected to achieve significant gains this year, and the S&P Index may rise over 20% for the second consecutive year. In 2024, investor enthusiasm for interest rate cuts, economic growth, and AI drives the S&P 500 Index to rise over 20% for the second year in a row.
SA Sentiment: What's the Price Target for the S&P 500 in 2025?
U.S. stock market preview | Tesla rebounds over 1% in pre-market! The Shanghai energy storage factory has begun trial production; Faraday Future surges nearly 30% in pre-market, after skyrocketing 78% yesterday.
For the first time in history! The USA ETF assets surpassed 10 trillion dollars; the market truth that subverts cognition: the yield curve is steep, which is indeed a Bullish for the seven giants of the USA stock market.
The "Trump 2.0" will officially begin! What important dates are there in January in the USA political scene?
① With the official commencement of the new government and the new members of Congress gradually taking their oaths of office, the next month will feature several significant days for the political landscape in the USA. ② Many industry insiders have already circled several dates on the January Calendar: January 3rd, January 6th, January 20th...
Daily Options Tracking | Bitcoin has fallen continuously! MSTR plunged 8% overnight, with multiple put options expiring on Friday doubling profit; NVIDIA saw a bearish L last night with over 21 million dollars involved.
Tesla faced a three-day decline, with a further drop of 3% overnight; last night, the largest Tesla Options transaction amounted to 8.8513 million dollars, which was in a bearish direction.
Allianz's chief economist: Next year, the Federal Reserve has two bad choices.
The Federal Reserve faces a choice: either accept inflation above the target or risk dragging the economy into recession by lowering inflation.
Goldman Sachs 'Ten Questions' for Trump 2.0: Where is the USA economy and the Federal Reserve headed in 2025?
Goldman Sachs Analysts emphasize that as the new year begins, the fundamentals of the USA economy are expected to remain robust.
Key manufacturing indicators in the USA have collapsed! The Chicago PMI unexpectedly plummeted to near the lows experienced during the pandemic.
In December, the Chicago PMI in the USA was 36.9, significantly below the expected 43, with the previous value in November being 40.2. Given the dismal Chicago PMI data, the upcoming critical ISM manufacturing PMI to be released later this week may also be disappointing. The unexpected sharp decline in the Chicago PMI has led to an expansion in the gains of US Treasury prices during the day, and the drop in US stock prices has also widened at one point.
450 billion Outflow vs. 1700 billion Inflow, USA active funds suffered greatly, while ETF is the big winner.
Analysts indicate that in recent years, traditional stock-picking Funds have struggled to justify their relatively high fees, as their performance lags behind the Wall Street Index driven by large Technology stocks. As older investors, who typically prefer active strategies, exit the market, younger savers are shifting towards cheaper passive strategies, accelerating the outflow of funds from active strategies.
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.
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.
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.
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.
U.S. stocks continue to experience a correction, with Growth Tech and popular Sectors all declining! What has happened?
US stocks have suddenly faced a fierce sell-off.
U.S. stock market morning | All three major Indexes fell, with the Nasdaq down nearly 2%, and Broadcom down nearly 4%; Quantum Computing concept stocks lost momentum, with RGTI down over 14%; Faraday Future rose more than 55% against the market.
As of the time of writing, the three major indices have all fallen, with the Dow Jones and S&P 500 Index down over 1% and the Nasdaq nearly 2% down. U.S. stocks are entering the year-end trading period, with low trading volume during the holiday season. Due to year-end uncertainties, some investors are opting to reduce their positions.
US Stock Market Outlook | The three major futures indices have sharply declined in the short term, with Nasdaq futures dropping over 1%; NVIDIA plans to launch a new generation humanoid robot computing platform.
Tesla fell over 2% in pre-market trading, as analysts expect this year's delivery volume to be slightly lower than last year; Goldman Sachs predicts that by 2035, the market size of the humanoid robot Industry will reach 38 billion dollars.
Annual Review | The most powerful month saw a threefold increase! Looking back at the monthly explosive rise of US stocks in 2024, AI and Trump Trade swept the whole year, with three Stocks making the list twice.
The US stock market continues to rise in 2024, mainly due to two significant trends: the tech stock frenzy driven by the AI boom and Trump's return to the White House.
A must-have for U.S. stock market investments! Major events in January are previewed, and the days that impact market fluctuations are all marked out.
Looking ahead to January, numerous significant events are approaching in the US stock market, including the CES Global Consumer Electronics Show, a new round of Earnings Reports in the US stock market, Trump's inaugural speech, and the Federal Reserve's monetary policy meeting, among others.