Wall Street bulls predict: s&p 500 index to rise to 6300 points by the end of the year, bitcoin to break through 0.1 million US dollars.
Former JPMorgan chief stock strategist and Chief Investment Officer at Fundstrat Capital, Tom Lee, predicted on Monday that the s&p 500 index will rise to 6300 points by the end of the year, citing favorable market conditions and historical patterns indicating that stocks will continue to strengthen in December. Lee emphasized historical precedents, stating: "In the first half of an election year, when the market rises by more than 10%, there has been a 100% chance of an increase in December." He pointed out that the yield on the 10-year US Treasury fell to 4.1%, creating favorable conditions for multiple expansions. Lee's optimistic view extends to
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A once-in-a-century event! The U.S. stock market is expected to rise over 20% for two consecutive years, and Wall Street is betting on new highs by the end of the year.
① On Monday this week, the s&p 500 index set a new record, and Wall Street investment banks predict that U.S. stocks will continue to rise by the end of the year; ② If the s&p 500 index continues to rise this month, it will have increased more than 20% for two consecutive years, a scenario that has only occurred three times in the past century.
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① The s&p 500 index skyrocketed by 26% in 2023 and is expected to rise by 27% this year, with investors focusing on the U.S. stock market trends in 2025. ② Wells Fargo & Co expects the s&p 500 index to reach 6,600 points by the end of next year, advising investors to ignore short-term fluctuations and buy on dips.
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Federal Reserve officials are speaking out, is confidence in interest rate cuts in December significantly increasing? Employment data becomes crucial.
The market is prepared for further interest rate cuts.
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S&P 500 And Nasdaq Hit Record Highs As December Trading Begins
Hong Kong stock market morning report on December 3: The NASDAQ and S&P in the US set new highs again. China Resources consortium acquired a land plot for 18.5 billion yuan.
① The manufacturing index from the usa Supply Management Association rose by 1.9 points, with most categories in the index showing improvement. ② The French Prime Minister announced a bypass of parliament to forcibly pass the budget bill. ③ Federal Reserve Governor Waller expressed a tendency to lower interest rates again in December. ④ The usa Department of Commerce released new export control measures on semiconductors to China, and the Department responded. ⑤ The usa stock market's Nasdaq and s&p 500 index both reached new historical highs.
Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.
On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.
US stocks closed: Chinese concept stock index 'three consecutive rises,' technology giants prop up NASDAQ, S&P to reach new highs.
① Technology giants continue to rise, with the S&P and Nasdaq hitting new highs; ② Musk's high salary once again rejected by a judge; ③ Super micro computer announces no inappropriate behavior found; ④ Intel CEO suddenly retires, reportedly forced out by the board of directors.
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