On Tuesday Eastern Time, the three major US stock indices collectively closed down, with the Dow Jones Industrial Average falling for nine consecutive days. As of the close, the Dow Jones Industrial Average fell 0.61%, the Nasdaq fell 0.32%, and the S&P 500 index fell 0.39%. Most large technology stocks fell, with Intel and Nvidia falling more than 1%, and Netflix, Google, Amazon, and Meta experiencing slight declines; Tesla rose by over 3%, while Apple and Microsoft saw slight increases. Among them, Nvidia entered a callback period; Tesla and Apple both continue to reach new highs.
Most popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index up 1.97%. Upward Rongke rose by over 5%, while Bilibili, Futu Holdings, and Tencent Music all rose by over 4%. Xiaopeng Motors rose by over 3%, while NIO and Ideal Motors rose by over 2%.
Global News
Trump: US China cooperation can solve all problems in the world
US President elect Trump said on the 16th that the joint efforts of the United States and China can solve all problems in the world. Trump made the above statement during a press conference at Mar-a-Lago Estate in Florida on the same day. China and the United States can work together to solve all the problems in the world. Think about it, it's important, "Trump said.
US retail sales in November increase by 0.7% month on month, expected to be 0.5%
Retail sales in the United States increased by 0.7% month on month in November, with an expected growth rate of 0.5%. The previous value was revised from 0.4% to 0.5%.
Is Broadcom ushering in the era of AI infrastructure 2.0? Another batch of companies in the US stock market set new highs, revealing these signals
Mizuho analyst Jordan Klein said that Wall Street is paying attention to the demand for ASICs from large tech companies, which may be one of the reasons for the decline in Nvidia's stock; Some investors may choose to sell Nvidia stocks in the short term to strengthen their holdings in Broadcom.
This company bought 15359 bitcoins again! Accumulated holdings have reached 45 billion US dollars!
On December 16th, MicroStrategy, which is about to be included in the Nasdaq 100 index, announced that it has purchased an additional 15350 bitcoins. The company currently holds a total of 439000 bitcoins worth approximately $45 billion.
SoftBank announces $100 billion investment in the United States over the next 4 years or in areas such as AI
According to CCTV News, on December 16th local time, US President elect Trump announced that Japan's SoftBank Group will invest $100 billion in the United States. Insiders revealed that SoftBank's investment will create at least 100000 job opportunities, and SoftBank plans to complete this work before Trump's departure in 2029.