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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%.
Marvell Technology Options Spot-On: On December 11th, 109.97K Contracts Were Traded, With 704.44K Open Interest
Express News | Marvell Exec Says Co Has a Custom Arm-Based CPU in Production for a Hyperscaler Customer- Barclays Conf
Semi Stocks Rise Helps Propel Nasdaq Above 20,000 Points
Jim Cramer Says Marvell Tech (MRVL) Is in a 'Game, Set, Match' Against Competitors
Express News | Marvell Technology Shares Are Trading Higher After the Company Announced the Debut of Its LPO Chipset to Address the Speed and Reach Limitations of Data Centers
