Fresh data released this morning showed the producer-price index rose 0.3% in November, higher than the 0.2% gain economists surveyed by The Wall Street Journal expected. Stock futures immediately turned lower after the report, with$S&P 500 Index (.SPX.US)$futures down around 0.5%.
New stocks today (compared to previous column):$Alibaba (BABA.US)$, with stock options volume increasing.
News Highlights
$Tesla (TSLA.US)$will suspend Model Y assembly at its Shanghai plant between Dec. 25 and Jan. 1, according to an internal memo detailing the automaker's latest production plan.
The Biden administration on Thursday accused$Meta Platforms (META.US)$of trying to buy its way to dominance in the metaverse, kicking off a high-profile trial to try to prevent the Facebook parent from buying virtual reality app developer Within Inc.
Australia's competition regulator said its lawsuit against$Alphabet-C (GOOG.US)$that alleged consumers were misled about expanded use of personal data for targeted advertising had been dismissed by a court.
Hundreds of$Apple (AAPL.US)$workers in Australia are preparing to go on a strike ahead of Christmas to demand better working conditions and wages, union leaders and staff said.
$NVIDIA (NVDA.US)$jumped more than 6%, with a volume of nearly 700k, slightly higher than the daily average.
$Alibaba (BABA.US)$jumped 6.6% along with other US-listed Chinese stocks, with a volume of nearly 460k, and put options volume accounting for 52.4%.
$AMC Entertainment (AMC.US)$rose slightly, with a volume of nearly 390k, and call options volume accounting for over 60%.
Source: Benzinga, Dow Jones, CNBC
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Options Newsman
OPSilverbat
:
New Year's Eve is not considered as a major event in China comparing to Lunar New Year. The national holidays is 31, 1, 2.
Silverbat : Holidays from 12/25 to 1/1, plants in China are closed almost everywhere
J. Silverbat : yea,that's stupid news
Options Newsman OP Silverbat : New Year's Eve is not considered as a major event in China comparing to Lunar New Year. The national holidays is 31, 1, 2.