Trump-Election Stocks refer to securities closely associated with business dealings, political actions, or events related to Donald Trump. These stocks may benefit from Trump's potential win in the 2024 US presidential election.
Alibaba, Marvell Technology, Rigetti Computing, Broadcom, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Does the Autos industry enjoy special privileges? The U.S. Vice President suggests that other industries will not receive exemptions from U.S.-Mexico tariffs.
1. The Vice President of the USA, Vance, said on Wednesday that other industries besides Auto Manufacturers have also requested tariff exemptions, but he hinted that the Trump administration would not further expand tariff reductions; 2. He also stated that the way to avoid tariffs is to establish factories and facilities in the USA.
Here's the Major Earnings Before the Open Tomorrow
SpaceX Says Starlink Only 'Partial Fix' for Air Traffic Systems, Denies Reports About FAA Contract
U.S. stock market closes: trade tensions ease, market rebounds, China's Golden Dragon Index skyrockets by 6.4%.
① Chinese concept stocks rose broadly, with the Nasdaq China Golden Dragon Index closing up 6.4%; ② The United Kingdom abandons the antitrust investigation into the "Microsoft-OpenAI" combination; ③ Google tests a new AI search model to handle complex queries; ④ Intel releases commercial AI PC products, which will ship at the end of March.
Trump's tariffs "give some leeway," U.S. stock indices rebound over 1%, Chinese concepts surge, Alibaba rises nearly 9%, the dollar plummets, and German bonds hit their worst performance since 1990.
Microsoft rose over 3%, leading the Dow Jones; automotive giants surged, with Stellantis up over 9% and General Motors rising over 7%. The China Concept Index increased by more than 6%, with XPeng Motors up over 7%. German stocks rose over 3%; the yield on ten-year German bonds surged by 30 basis points; the euro climbed over 1% to a four-month high, the USD fell over 1%, experiencing its largest drop in six weeks. The offshore yuan rose over 400 points during intraday trading. The Crude Oil Product closed at its lowest level in nearly six months.