Here's How Much You Would Have Made Owning PDD Holdings Stock In The Last 5 Years
Asia And Europe Markets Decline, Dollar Hovers 3-Week High - Global Markets Today While US Slept
Asia Markets Mixed as Traders Assess Mixed Economic Data in the Region; Eyes on Major Central Back Decisions
China's Nov Retail Sales Slows as Stimulus Impact Fades; Unemployment Rate Held Steady
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
U.S., China Extend Key Science & Tech Cooperation Deal Amid Trade, Trump Tensions
Asia Ex-India Fall On China Stimulus Concerns, Europe Up; Dollar Gains - Global Markets Today While US Slept
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
Peering Into PDD Holdings's Recent Short Interest
China to Lift Fiscal Spending to Boost Economy
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.
China Central Economic Work Conference: A Key Indicator for Future Market Trends
Asia-Pacific Markets Mixed as China's Key Economic Meeting Kicks Off; Eyes on U.S. CPI Report
U.S. stocks closed: The Dow Jones fell for four consecutive days, Chinese concept stocks plummeted over 4%, as the market focused on the CPI report.
① The Nasdaq China Golden Dragon Index fell 4.34%, as China Concept Stocks collectively declined; ② Apple is reportedly planning to equip its smartwatches with satellite communication capabilities; ③ Google A rose 5.62%, as the company launched its latest quantum chip "Willow," achieving significant technological breakthroughs; ④ Microsoft shareholders voted against the Bitcoin investment proposal.
PDD Holdings's Options: A Look at What the Big Money Is Thinking
The Double 12 has started! Stimulating domestic demand, Taobao, JD.com, Douyin, PDD Holdings, and Suning are showcasing their talents.
① E-commerce platforms such as Taobao, JD.com, Douyin, PDD Holdings, and Suning.com have launched their year-end December 12 promotion. ② Some e-commerce platforms are actively seizing the year-end home appliance subsidy opportunities, while others continue the November 11 Shopping Festival-Related promotional strategy.
Europe Markets End Gain Streak, Crude Oil Falls, Gold Gains - Global Markets Today While US Slept
Asia Markets Surge, Defied Selloff on Wall Street on China's Economic Policy Shift to Spur Growth
U.S. stocks closed lower: all three major indexes fell, Chinese concept stocks celebrated all night, and the Golden Dragon Index surged by 8.5%.
① The nasdaq china golden dragon index rose by 8.54%, while the ftse china 3x long etf (YINN) increased by 23.78%; ② OpenAI officially launched the AI video generation model Sora; ③ A man involved in the murder case of the insurance giant's CEO in New York was arrested in Pennsylvania; ④ mondelez international is reportedly exploring the acquisition of the usa chocolate producer hershey.
Alibaba Options Volume More Than Triples After China Vows to Bolster Growth