The US JOLTs job vacancies data for November recorded 8.098 million, exceeding market expectations and the previous value was revised upward; the ISM non-manufacturing PMI for December recorded 54.1, exceeding market expectations.

After the data was released, the market significantly postponed the Fed's first interest rate cut expectations to June and July this year, which means that not only will there be no interest rate cut in January, but it is also expected that there will be no interest rate cut in the March meeting. Inflation expectations and Fed interest rate expectations are being readjusted, which is a major bad news for the market.