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U.S. stocks are moving differently | Some Chinese concept stocks are rising, with Dingdong (DDL.US) up over 8%.
Some Chinese concept stocks have risen, as of the time of writing, MINISO has risen more than 8%.
Market Cool On Dingdong (Cayman) Limited's (NYSE:DDL) Revenues Pushing Shares 27% Lower
Dingdong Falls -4.5%
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
Is Dingdong (Cayman) Limited's (NYSE:DDL) 28% ROE Better Than Average?
China Central Economic Work Conference: A Key Indicator for Future Market Trends
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