Overnight stock market
On Wednesday, Eastern Time, US stocks closed mixed, with the Dow Jones down 0.22%, the S&P 500 index up 0.82%, and the Nasdaq up 1.77%, breaking through 20,000 points for the first time and setting a new historical high. Star tech stocks continued to rise, with Tesla, Google, Amazon, Meta, and Netflix all hitting new all-time highs.
The Nasdaq Golden Dragon China Index fell 0.74%, with most popular Chinese stocks declining. Tencent Music fell over 5%, JD.com fell over 3%, Xpeng Motors fell over 2%, and Bilibili, NIO, and Pinduoduo all fell over 1%. On the upside, Tiger Brokers rose over 3%, while Youdao and Gaotu rose over 1%.
The three major European stock indexes closed slightly higher, with Germany's DAX index up 0.34% at 20,399.16 points, France's CAC40 index up 0.39% at 7,423.40 points, and the UK's FTSE 100 index up 0.26% at 8,301.62 points.
Commodity market
WTI January crude oil futures rose by $1.70, an increase of 2.48%, to $70.29 per barrel. Brent February crude oil futures rose by $1.33, an increase of 1.84%, to $73.52 per barrel. NYMEX January natural gas futures rose by 6.80%, to $3.3780 per million BTUs.
International precious metal futures generally rose, with COMEX gold futures up 1.3% at $2,753.8 per ounce, and COMEX silver futures up 0.13% at $32.79 per ounce.
Bitcoin surged again, rising 5.4% within the day to reestablish itself above $100,000; Ethereum rose over 6%, approaching $3,800.
Market news
[Hungarian Prime Minister: Zelensky clearly rejected the ceasefire on December 25]
Hungarian Prime Minister Orban stated on the 11th local time that Ukrainian President Zelensky explicitly rejected the proposal for a ceasefire on December 25, saying, 'Hungary's rotating presidency of the EU is coming to an end, and we are making our latest efforts for peace, proposing a ceasefire on December 25 and a large-scale prisoner exchange. Zelensky clearly rejected and ruled out this possibility.' Hungarian Foreign Minister Szijjarto stated that Orban mentioned the relevant ceasefire and prisoner exchange proposal during a call with Putin, but the Kyiv side rejected it. It is reported that the Hungarian government contacted Ukrainian Foreign Minister Kuleba and the head of the Ukrainian president's office, Yermak.
[Multiple pieces of evidence confirm the criminal facts of the suspect in the murder case of the UnitedHealth Group executive]
Jessica Tisch, the police chief of New York City, stated that the gun found on Luigi Mangione, the suspect in the murder of the CEO of UnitedHealth Group, matched the shell casings found at the crime scene. Additionally, Mangione's fingerprints matched those found on a water bottle and protein bar wrapper discovered near the shooting site. Currently, Mangione remains detained in Pennsylvania.
[FBI Director: Will resign before Trump takes office]
FBI Director Christopher Wray announced at a town hall meeting with FBI employees that he will resign before Trump takes office as President of the United States. Wray was appointed FBI Director by Trump in 2017 for a 10-year term, but subsequently faced criticism from Trump and his congressional allies over the FBI's handling of the investigation into Trump. Trump indicated he intends to remove Wray and nominate Kash Patel as the new FBI Director.
[Reports say Apple is collaborating with Broadcom to develop AI chips]
According to technology media reports, a person with direct knowledge of the project revealed that Apple is developing a server chip specifically designed for artificial intelligence (AI) and is collaborating with Broadcom to develop the networking technology for this chip. The new chip is internally codenamed 'Baltra' and is expected to go into mass production in 2026. Analysts point out that this reflects Apple's long-standing position of avoiding purchasing chips from Nvidia, which currently dominates the AI chip market.
[Google launches a new generation AI model, Gemini 2.0]
Google launched its next-generation AI model, Gemini 2.0 Flash, on Wednesday. It can natively generate images and audio, while also supporting text generation. 2.0 Flash can also utilize third-party applications and services, enabling access to Google Search, execution of code, and more. Starting Wednesday, the experimental version of 2.0 Flash will be available through the Gemini API and Google’s AI development platforms (AI Studio and Vertex AI). However, the audio and image generation features are only available to 'early access partners' and are planned for a full rollout in January next year.
[Musk becomes the world's first person with a net worth exceeding $400 billion]
Musk became the first person to reach a net worth of $400 billion, setting a new milestone among the world's richest. The recent catalyst was the sale of internal stock at SpaceX, which increased Musk's net worth by approximately $50 billion to $439.2 billion. At the end of 2022, Musk's net worth had once dropped by over $200 billion; however, after Trump won the election last month, Musk's value skyrocketed as he was one of Trump's biggest financial backers. On Wednesday, SpaceX and its investors agreed to purchase $1.25 billion worth of stock from employees and other insiders. This deal values the private space exploration company at about $350 billion, making SpaceX the most valuable private startup in the world.
[To prevent arterial embolism, Brazilian President Lula will undergo surgery again on the 12th]
According to a recent announcement from the medical team at the Syria-Lebanon Hospital in São Paulo, Brazil, President Lula, who is currently hospitalized there, will undergo surgery again on the morning of the 12th local time as part of his treatment plan. The announcement states that Lula will undergo an intracranial vascular surgery to address and prevent arterial embolism. The attending physician indicated that the surgery carries low risk. According to reports from Brazilian media Globo, the purpose of the surgery is to further control bleeding in the affected area. The 78-year-old Lula was admitted to a hospital in Brasília late on the 9th due to a headache and was transferred to the São Paulo hospital headquarters after intracranial bleeding was diagnosed, undergoing a craniotomy to control the bleeding. Lula is currently still under observation in the intensive care unit, and the hospital has reported that his post-operative condition is stable, with no complications; he can eat, talk, walk, and has received visits from family. The medical team will hold a press conference on the morning of the 12th to provide more information.
[The Bank of Canada cut interest rates by 50 basis points for the second consecutive time, preparing for Trump's tariff hikes]
On Wednesday local time, the Bank of Canada lowered its key policy interest rate from 3.75% to 3.25%, marking the second consecutive month of a 50 basis point rate cut, in line with market expectations. The Bank of Canada has now cut rates 5 times this year, totaling 175 basis points, making it one of the central banks with the most significant rate cuts among major economies. However, the central bank also hinted that after the expected significant rate cuts by the market and most economists, there may be another small rate cut in 2025, indicating a preparation to slow down monetary easing.#市场调整后的方向 