Signals of Trump 2.0 going for deregulation? The Vice Chairman of the Federal Reserve in charge of financial regulation will resign early after Trump takes office.

According to the Federal Reserve's statement, Barr's resignation will take effect no later than February 28, and he will continue to serve as a Federal Reserve Governor until the term ends. The statement implies that he is stepping down as Vice Chairman of Supervision more than a year early to avoid potential legal disputes with the Trump administration. The media reports that Barr's decision does not indicate that Powell will also step down from the position of Federal Reserve Chairman early, but it casts a shadow over the prospects of the USA implementing new banking regulations that increase capital requirements.

wallstreetcnJan 7 07:16

U.S. stocks closed lower | All three major Indices fell, the Nasdaq dropped nearly 2%; Technology stocks declined, NVIDIA fell over 6%, Tesla dropped over 4%; Some Chinese concept stocks performed well, with Xiaopeng rising over 9%.

① The Nasdaq China Golden Dragon Index fell by 0.2%, with China Concept Stocks showing mixed results; ② NVIDIA launched its personal computing product Project DIGITS; ③ XPENG Huaitian: Flying cars will be mass-produced and delivered in 2026; ④ Vaccine stocks soared, with Moderna rising nearly 12% and Novavax increasing by nearly 11%.

cls.cn5minutes ago

Trump announced a $20 billion investment plan to build Datacenters in the USA.

① The USA's elected president Trump announced a 20 billion USD investment plan to build new Datacenters to maintain the USA's competitiveness in emerging technology fields; ② The first phase will be implemented in 8 states, mainly supporting AI and cloud technology; ③ Trump hopes to demonstrate the positive impact of his policies by attracting more foreign entities to do Business in the USA, laying the foundation for his second term.

cls.cn13minutes ago

Return of inflation? Economic data triggers market turbulence, with the Nasdaq and S&P 500 Index experiencing significant drops.

The release of two economic data points led to a surge in yields and a sharp decline in the stock market.

Zhitong Finance15minutes ago

ProShares UltraPro QQQ ETF Options Spot-On: On January 7th, 265.26K Contracts Were Traded, With 826.82K Open Interest

On January 7th ET, $ProShares UltraPro QQQ ETF(TQQQ.US)$ had active options trading, with a total trading volume of 265.26K options for the day, of which put options accounted for 39.33% of the

Futu News05:30

U.S. Stocks Fall On Inflation Worry -- Market Talk

WSJ05:05