Express News | Historic moment! The Nasdaq Composite Index breaks through 20,000 points, setting a new all-time high.

Moomoo 24/735minutes ago

Alphabet's Options Volume Triples as Shares Rise After Google Unveils Quantum Chip

Luzi Ann SantosDec 10 13:41 ET

The "Wall Street Oracle" predicts that the U.S. stock market will rise then fall next year, with Trump and Musk posing risks for the decline.

① Tom Lee, the co-founder of Fundstrat, known as the "Wall Street Oracle," predicts a mid-year target of 7000 points for the S&P 500 Index in 2025, with a year-end target of 6600 points, reflecting an overall increase of 8%. ② He believes that supporting factors for the US stock market next year include interest rate cuts by the Federal Reserve and Trump's tax cut policy, but Musk's Government Efficiency Department and Trump's tariffs may hurt the USA GDP.

cls.cn14minutes ago

Options Market Statistics: Alphabet Stock Hits Record High on Google's New AI Model; Options Pop

Options Newsman18minutes ago

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%.

wallstreetcn18:27 ET

Overnight U.S. stocks | The Nasdaq broke 0.02 million points, setting a historical high, and Musk became the first person in the world with a net worth exceeding 400 billion.

As of the close, the Dow Jones Industrial Average fell 99.27 points, a decrease of 0.22%, closing at 44,148.56 points; the Nasdaq rose 347.65 points, an increase of 1.77%, closing at 20,034.89 points; the S&P 500 Index rose 49.28 points, an increase of 0.82%, closing at 6,084.19 points.

Zhitong Finance17:00 ET