Today is January 10th. The S&P and Dow Jones indices closed with two consecutive gains, while the Nasdaq index rose slightly, barely reaching three consecutive gains. Tesla shares fell more than 2%. Samsung issued a profit warning, causing the chip stock index to fall by more than 1% in the intraday period and then close slightly higher, while Nvidia's stock price rose 1.7%, once again reaching a record high. It once again fell by more than 1% in the intraday period. Microsoft and OpenAI are under the scrutiny of EU antitrust agencies. The analysis points out that if the investigation continues, the antitrust agency believes that Microsoft's investment of 13 billion US dollars has led to a lasting change in control, or that it meets certain merger and acquisition review standards, and may even cause the two companies to split or make other structural or behavioral changes. In terms of US stocks, the Dow Jones index fell 0.42%, the S&P 500 index fell 0.15%, while the Nasdaq index rose slightly by 0.09%.
According to data released by the World Bank, the global economy is likely to usher in the five weakest years of growth in 30 years. Global economic growth is expected to slow for the third year in a row in 2024, falling from 2.6% last year to 2.4% this year, and economic growth is expected to pick up slightly to 2.7% next year. The World Bank issued a warning that without a “major course correction”, the 2020s will become a “decade of wasted opportunities”.
The 10-year US Treasury yield was 4.0%, but there was an intraday decline and continued to break away from the three-week high. The US dollar index rebounded. After ETF fluctuations, the price of Bitcoin experienced twists and turns and rose to 47,900 in the intraday period...