The S&P 500 and market fell Wednesday after a morning bump brought the Dow Jones Industrial Average to new highs. The market will close Thursday in observance of the Thanksgiving holiday. Just past 4 pm ET, the$S&P 500 Index (.SPX.US)$traded -0.38%, the$Dow Jones Industrial Average (.DJI.US)$fell 0.31%, after hitting new high of 45,003, and the$Nasdaq Composite Index (.IXIC.US)$fell 0.60% MACRO PCE numbers for October were right as expected ...
Alibaba : Consolidation Continues Alibaba closed at $85.18, down 0.47%. The stock remains within the $80–$90 range, reflecting ongoing consolidation. Short-term performance hinges on progress in its Southeast Asia expansion. Should it break above $90, a further rally toward $95 becomes likely. JD.com : Strong Support at $35 JD gained 2.38%, closing at $35.33. The stock is stabilizing above $35, signaling reduced downward pressure. ...
Just past 4 pm ET, the $S&P 500 Index (.SPX.US)$ traded -0.38%, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.31%, after hitting new high of 45,003, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.60%
MACRO
PCE numbers for October were right as expected ...
Alibaba closed at $85.18, down 0.47%. The stock remains within the $80–$90 range, reflecting ongoing consolidation. Short-term performance hinges on progress in its Southeast Asia expansion. Should it break above $90, a further rally toward $95 becomes likely.
JD.com : Strong Support at $35
JD gained 2.38%, closing at $35.33. The stock is stabilizing above $35, signaling reduced downward pressure. ...
• $Alphabet-A (GOOGL.US)$ ordered 400K GB200 chips valued at $10B.
• $Microsoft (MSFT.US)$ purchased 60K GB200 chips worth $2B.
• $Meta Platforms (META.US)$ acquired 360K GB200 chips for $8B.
Demand for Nvidia's Blackwell chip is absolutely INSANE
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