Stocks Are Skipping 'Santa Claus Rally' Again. That Doesn't Bode Well for January.
U.S. stocks closed: The S&P and Nasdaq fell more than 1% for two consecutive days as the shadow of the debt ceiling looms.
① The three major indices of the US stock market continue to decline, with most tech giants weakening, and Chinese concept stocks generally closing lower; ② The issue of the USA debt ceiling is back on the table, pressuring market sentiment; ③ Ackman "promotes goods," leading to a surge in the stock prices of Fannie Mae and Freddie Mac; ④ Hesai Technology's Lidar delivery has reached a milestone.
SpaceX benefits from Trump’s "first brother" Musk, global resistance to Starlink is diminishing.
According to the media, even before Musk spent over 0.2 billion dollars to help Trump get elected, Starlink had already launched its Business plans across various countries globally. Now, people are not worried about Musk undermining state-owned telecommunications channels, but rather concerned about government officials trying to extract economic benefits from Musk's industrial complex.
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