US equites continued rally, propelled by tech stocks on Christmas Eve. Nasdaq +0.9%, S&P +1.1%, Nasdaq +1.4%. Investors continued to buy US equities for the seventh straight week, across the board, from ETF to single stock. Inflow reached USD 100億.
Interestingly, US equities advanced while US Treasury 10-y yield climbed higher to 4.59%, short distance from YTD high of 4.73% in April.