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Tesla Attracts Millions of Dollars in Unusual Option Trades as Shares Rise
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.
Express News | Fed's Williams Says Labor Market Softer But Still Pretty Solid; Will Need To Bring Interest Rates Down Over Time; Unclear Where Neutral Rate Is Right Now
OPEC Is Likely At Its Meeting On Thursday To Extend Its Latest Oil Output Cuts Until The End Of Q1 2025
SPY ETF Gains 0.2%
S&P 500 and Nasdaq Hit Closing and Trading Highs Monday | Wall Street Today