U.S. stock market close | The Nasdaq 100 has risen for four consecutive weeks, Tesla's stock increased by over 4% reaching a new historical high, Broadcom surged over 24% after earnings with a market cap surpassing one trillion dollars.
The three major U.S. stock indexes closed mixed, with the Dow Jones falling for the seventh consecutive Trade day, marking the longest losing streak since 2020, as investors expect the Federal Reserve to slow the pace of interest rate cuts next week.
VanEck Semiconductor ETF Options Spot-On: On December 13th, 113.7K Contracts Were Traded, With 972.94K Open Interest
On December 13th ET, $VanEck Semiconductor ETF(SMH.US)$ had active options trading, with a total trading volume of 113.7K options for the day, of which put options accounted for 51.53% of the total
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Broadcom continues to enhance the bullish logic of AI, and the 'trillion-dollar club' in the US stock market is expected to expand to 10 companies | Highlights for tonight.
1. Trump is quite confused: six years ago he placed an order with Boeing for a new "Air Force One", which is set for delivery in 2029; 2. There are immense opportunities in the AI sector! Broadcom soared 17% in pre-market trading, teaming up with Taiwan Semiconductor to leap into the "trillion-dollar club"; 3. Bezos donated one million dollars to Trump's inauguration fund; 4. Goldman Sachs (China) has received approval for public fund sales qualifications.
US Stock Outlook | Is the unemployment rate in the USA showing warning signs? Societe Generale warns: there will be a risk of recession next year; AI chip stocks are soaring in pre-market, Broadcom has risen over 17% after earnings.
Meta has released a new AI model that will enhance the Metaverse experience; with multiple Bullish factors combined, Taiwan Semiconductor rose over 2% in pre-market trading; Eli Lilly and Co's Mounjaro has replaced Novo-Nordisk A/S's Wegovy, becoming the new favorite weight loss drug in the United Kingdom.