US stock market
On December 20th local time, the three major US stock indexes opened lower and rose higher, closing up over 1%. As of the close, the S&P 500 index rose 63.77 points, or 1.09%, to 5930.85 points. The Dow Jones Industrial Average closed up 498.02 points, or 1.18%, at 42840.26. The Nasdaq closed up 199.83 points, up 1.03%, at 19572.60 points. This week, the Nasdaq fell 1.78%, the S&P fell 1.99%, and the Dow Jones Industrial Average fell 2.25%.
According to CCTV News, on December 20th local time, US House Speaker Mike Johnson expressed confidence after a meeting that the government will not shut down after the deadline. Johnson stated that Republicans in the House of Representatives have reached a consensus on advancing the appropriations bill.
Most large technology stocks have risen, with Nvidia rising over 3%, Intel rising over 2%, Apple and Google rising over 1%, and Netflix and Amazon rising slightly; Tesla fell more than 3%, Meta fell more than 1%, and Microsoft fell slightly.
European pharmaceutical giant Novo Nordisk's stock price plummeted 17.83% in the US, as the trial results of its weight loss drug CagriSema fell short of expectations.
Most popular Chinese concept stocks closed higher, with the Nasdaq China Golden Dragon Index rising 0.53% and falling 2.21% this week. Douyu rose by over 3%, while NIO and New Oriental rose by over 2%; Alibaba fell more than 2%.
European stock market
The three major European stock indexes fell across the board on the same day. The average price index of 100 stocks in the Financial Times of the London Stock Exchange closed at 8084.61 points on the 20th, a decrease of 20.71 points or 0.26% from the previous trading day. The CAC40 index of the Paris stock market closed at 7274.48 points, down 19.89 points or 0.27% from the previous trading day; The DAX index of the Frankfurt stock market in Germany closed at 19884.75 points, a decrease of 85.11 points or 0.43% from the previous trading day.
Commodity Market
International oil prices have risen. The price of light crude oil futures for delivery in February 2025 on the New York Mercantile Exchange rose 8 cents to close at $69.46 per barrel, an increase of 0.12%; The London Brent crude oil futures price for delivery in February 2025 rose 6 cents to close at $72.94 per barrel, an increase of 0.08%. International gold prices closed higher, with COMEX gold futures rising $37/ounce, or 1.42%, to $2645.10/ounce.