On Wednesday Eastern Time, the three major US stock indexes collectively closed higher. As of the close, the Dow Jones Industrial Average rose 0.45%, the Nasdaq rose 0.75%, and the S&P 500 index rose 0.57%.
Large tech stocks closed higher, with Nvidia rising over 2% and its stock price continuing to hit a new closing high. Meta rose over 3%, while Amazon and Microsoft rose over 1%. In terms of individual stocks, Sony rose more than 4%, and XR Creative made its debut in CES 2024.
Global News

He Lifeng: Attracting more foreign financial institutions and long-term capital to China for business development
On the evening of the 10th, He Lifeng, a member of the Political Bureau of the Communist Party of China Central Committee and Vice Premier of the State Council, met with a delegation of members of the International Advisory Committee of the China Securities Regulatory Commission in Beijing and pointed out that the basic trend of China's economic recovery and long-term improvement has not changed. China will continue to deepen capital market reform and two-way opening, improve the convenience of cross-border investment and financing, and attract more foreign financial institutions and long-term capital to come to China for business development.
Geopolitical risks suppress the seven giants, and Japanese stocks lead the rise in developed markets? Bank of America releases its top ten surprising forecasts for 2024
In its latest report released on Tuesday, Bank of America listed ten situations that may have a positive or negative impact on this year's market performance. Bank of America strategists wrote in their report, "We suspect that any significant market volatility this year could be limited - a sharp drop in stocks could prompt the Federal Reserve to cut interest rates; a sharp rise could further relax financial conditions and reignite inflation that the Federal Reserve believes has been stifled. At least in the United States, this will be a year of range fluctuations."
Fasten your seat belt! BlackRock: There is a risk of inflation rising again. Don't expect the Fed to significantly lower interest rates
BlackRock, the world's largest asset management company, said investors who expect the Federal Reserve to significantly lower interest rates this year may be disappointed.
Company News
Strong Fundamentals+Large Repurchases+Expectations of Interest Rate Reductions... How to Layout US Tech Stocks in 2024?
At the beginning of 2024, large technology stocks continued to strengthen after a brief adjustment. As of January 9th, Nvidia hit a new historical high for two consecutive days, driving the Nasdaq up.
On the eve of the release of Apple Vision Pro, its competitors had already rolled up on CES
Not long after the release date of Apple Vision Pro was announced, many headphone manufacturers opened their screens ahead of schedule at the 2024 Consumer Electronics Show (CES) in the United States. Two leading AR manufacturers from China, XREAL and Thunderbird Innovation under TCL, have successively launched their latest products and actively stated that they will compete with Vision Pro and Meta Quest 3.
Compete against NVIDIA and Qualcomm! Intel to launch automotive chips based on AI PC technology
Intel announced on Tuesday (January 9th) at the International Consumer Electronics Show (CES) that it will launch its latest automotive artificial intelligence (AI) chip aimed at competing with Qualcomm and Nvidia.