NASDAQ reaches 20,000 point milestone! Tesla led a group of tech giants to reach new highs. Has the Christmas market started?

Historically, every year on the seven trading days after Christmas, that is, the five trading days at the end of the year and the first two trading days of the following year, investors tend to go long, and US stocks are likely to rise. This seven-day market is called the “Christmas market.” The data shows that in the past 70 years, the S&P 500 index has an 80% chance of rising in these seven trading days.

Futu News07:46

The USA CPI is as expected; did the Federal Reserve's interest rate cut in December become stable?

The latest CPI report indicates that inflation is not worse than expected, and analysts believe this paves the way for the Federal Reserve to cut interest rates by 25 basis points next week.

Golden10 DataDec 11 22:14

Futu Morning Post | Pushing US Stocks to Reach New Highs? Trump will ring the opening bell for the NYSE on Thursday; star tech stocks hit new highs, and Bitcoin will rise to 0.1 million dollars

The AI transformation was bumpy, and Adobe's revenue outlook for 2025 fell below expectations, falling more than 8% after the market; Apple launched Siri integrated with ChatGPT, and it is reported that the iPhone SE 4 will be released around March next year.

Futu News08:11

Nasdaq Up Big, Dow Down a Bit, Following CPI, Budget Data

Zacks 05:55

US stock market forecast | November CPI data meets expectations, the three major futures indexes rise sharply; Quantum Computing concept stocks surge before the market, with Rigetti and Quantum both climbing over 10%.

Pre-market up over 1%, Tesla's sales in China for December usher in a "good start": first week sales of 0.0219 million Autos, Cybertruck has completed Energy consumption declaration in China; Google executive: Search AI is the biggest bet, with an expected investment of 50 billion in 2024.

Futu NewsDec 11 21:06

Major Wall Street firms collectively warn: investors' "frenzy" is waning, and the momentum of the U.S. stock market may slow down.

The famous short seller at Morgan Stanley stated, "The kind of fervent sentiment that helps people purchase U.S. stocks will face a reality check next year."

Golden10 DataDec 11 20:25