On December 13th local time, the US stock market closed with mixed gains and losses. The Dow Jones Industrial Average fell for the seventh consecutive trading day, setting a record for the longest consecutive decline since April. The S&P 500 index remained unchanged, while the Nasdaq rose 0.12%. The market is paying attention to next week's Federal Reserve meeting.
As of the close, the Dow Jones Industrial Average fell 0.20% to 43828.06 points, recording seven consecutive declines, the S&P 500 index remained flat at 6051.09 points, and the Nasdaq rose 0.12% to 19926.72 points. This week, the Dow Jones Industrial Average fell 1.82%, the S&P 500 Index fell 0.64%, and the Nasdaq rose 0.34%.
Most technology stocks fell, with the Wande US Tech 7 Index dropping 0.58%. In terms of individual stocks, Nvidia fell more than 2%, Facebook fell more than 1%, Google fell more than 1%, Amazon fell 0.66%, Microsoft fell 0.51%, and Apple rose 0.05%.
Bank stocks fell across the board, with JPMorgan Chase down 0.65%, Goldman Sachs down over 1%, Citigroup down 0.59%, Morgan Stanley down 0.41%, Bank of America down 0.89%, and Wells Fargo down 0.47%.
Most energy stocks fell, with ExxonMobil falling 0.89%, Chevron falling 0.54%, ConocoPhillips rising 0.1%, Schlumberger falling over 2%, and Western Petroleum falling over 1%.
Most aviation stocks fell, with Boeing up over 1%, American Airlines down over 1%, Delta Air Lines down 0.16%, Southwest Airlines down 0.65%, and United Airlines down 0.9%.
Most chip stocks rose, with the Philadelphia Semiconductor Index up 3.36%, Maiwell Technology up over 10%, TSMC up over 5%, Micron Technology up over 4%, and ARM up over 2%. In terms of decline, AMD Semiconductor fell more than 2%, Microchip Technology fell more than 2%, Nvidia fell more than 2%, Intel fell more than 2%, and Anson Semiconductor fell more than 1%.
Most Chinese concept stocks fell, with the Nasdaq China Golden Dragon Index falling 1.13% and the Wande China Concept Technology Leading Index falling 1.32%. In terms of popular Chinese concept stocks, Lotus Technology fell more than 5%, Kingsoft Cloud fell more than 4%, Xiaopeng Motors fell more than 3%, Yaduo fell more than 3%, and Beike fell more than 3%. In terms of price increases, Tiger Securities rose over 9%, Land Control rose over 3%, and Yamafon Sports rose over 2%.
In terms of individual stocks, Broadcom surged 24.43%, with a market value exceeding $1 trillion. The company's earnings per share for the fourth quarter of 2024 are $0.9, with an expected earnings of $0.79; Revenue of $14.05 billion, expected to be $14.06 billion; Net profit of 4.324 billion US dollars, expected to be 3.56 billion US dollars. Expected revenue for the first quarter of 2025 is approximately $14.6 billion, with analysts expecting $14.61 billion.
Broadcom also stated that it is committed to a long-term partnership with Apple, and its artificial intelligence semiconductor business will surpass other businesses. It is expected that the market size of artificial intelligence (AI) accelerators will reach $15 billion to $20 billion next year.
Tesla has risen by over 4%. The company announced on Friday that it has launched the "Advanced Intelligent Summoning (ASS)" function in China, which supports vehicles to automatically exit from various parking spaces such as horizontal, vertical, and diagonal. Users can remotely "summon" vehicles through a mobile app. This feature is applicable to vehicles equipped with EAP (Enhanced Autonomous Driving Assistance) and FSD (Fully Automated Driving Capability). For car owners who trade in their old cars to purchase Tesla, they can enjoy a free 90 day EAP trial experience.
The US Securities and Exchange Commission (SEC) is preparing to file "multiple charges" against Musk and has restarted an investigation into his brain computer interface company Neuralink. If the SEC determines that Neuralink has engaged in fraudulent behavior, it may cause the company's ongoing human experimentation programs and other businesses to come to a halt or be delayed.
In terms of European stocks, the average price index of 100 stocks in the Financial Times of the London Stock Exchange closed at 8300.33 points, down 11.43 points or 0.14% from the previous trading day. The CAC40 index of the Paris stock market closed at 7409.57 points, down 11.37 points or 0.15% from the previous trading day. The DAX index of the Frankfurt stock market in Germany closed at 20405.92 points, a decrease of 20.35 points or 0.10% from the previous trading day.
International oil prices have risen. As of the close of the day, the price of light crude oil futures for January 2025 delivery on the New York Mercantile Exchange rose by $1.27, closing at $71.29 per barrel, an increase of 1.81%; The London Brent crude oil futures price for delivery in February 2025 rose by $1.08 to close at $74.49 per barrel, an increase of 1.47%.
The US dollar index has risen. The US dollar index, which measures the US dollar against six major currencies, rose 0.04% on the day and closed at 107.003 at the end of the foreign exchange market.