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On Wednesday Eastern Time, the three major US stock indices collectively rose, with the Nasdaq reaching 20000 points for the first time. As of the close, the Dow Jones Industrial Average fell 0.22%, the S&P 500 index rose 0.82%, and the Nasdaq rose 1.77%. Star tech stocks are climbing steadily, with Tesla, Google, Amazon Meta、 Netflix has set a new historical high. Among them, Tesla and Google rose nearly 6%, while Amazon Meta、 Nai skyrocketed by over 2%. Bitcoin has once again risen to $100000, and cryptocurrency concept stocks have collectively surged. MicroStrategy has risen more than 9%, Riot Platforms has risen more than 6%, and Bit Digital and Coinbase have risen nearly 4%.
Global News
US November inflation data in line with expectations supports further interest rate cuts by the Federal Reserve this month
The US CPI for November increased by 2.7% year-on-year, with an estimated growth of 2.7%, compared to a previous growth of 2.6%; The CPI for November increased by 0.3% month on month, with an estimated growth of 0.3%, compared to a previous increase of 0.2%.
The US Department of Commerce has added two Chinese high-tech companies to its entity list on the grounds of "human rights violations", and the Ministry of Foreign Affairs has responded
Mao Ning emphasized that if the US truly cares about human rights, it should first make up for its own human rights "arrears", rather than politicizing and weaponizing human rights issues, interfering in the internal affairs of other countries everywhere, and harming their interests.
Trump's second son Eric: The United States is about to welcome the most cryptocurrency friendly government in history!
Eric Trump, the second son of US President elect Trump, stated on Tuesday that after his father takes office, his government will become the most cryptocurrency friendly government in US history.
The unknown is the most dangerous! The market is becoming increasingly confused about whether the Bank of Japan will raise interest rates next week or not
Over the past week, as officials' comments and media reports have sent mixed signals about the Bank of Japan's intention to raise interest rates, traders have become increasingly confused about when the Bank of Japan will raise interest rates. And this scene is obviously reminiscent of the scene before the "Black Monday" in Japanese stocks in August this year - at that time, there was also no "certainty" from the outside world about whether the Bank of Japan would raise interest rates at the end of July meeting, and the final decision of the Bank of Japan to raise interest rates triggered the subsequent liquidation storm of yen arbitrage trading.
General Motors announces' cutting off 'Robotaxi business, with over $10 billion going to waste. Employee reveals: It's too sudden
On December 10th (Tuesday) local time, General Motors (GM) announced that due to the high time and cost required to expand its business scale, as well as the increasingly fierce competition, after nearly a decade and more than $10 billion in research and development, it will stop providing financial support for the Cruise autonomous taxi project and shift its research and development focus to autonomous driving technology for personal cars.
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