Looking back at 2024: Why did the rising trend of US stocks shock Wall Street?
①The US stock market has shown strong performance this year, with the s&p 500 index rising by about 27% year-to-date, expected to achieve the best performance in many years, far exceeding Wall Street's expectations at the beginning of the year. ②So, what are the factors that the US stock market relies on to achieve such a strong increase?
Shanghai Sinyang Semiconductor Materials (300236.SZ): Copper sulfate products have officially continued to be supplied to Taiwan Semiconductor.
On December 3, Gelonghui reported that shanghai sinyang semiconductor materials (300236.SZ) stated on the investor interaction platform that the company's copper sulfate products have been officially and continuously supplied to taiwan semiconductor.
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.
On December 2, the top 20 trades on the U.S. stock market: Apple reached a historic high, regaining the title of the largest company by global market cap.
On Monday, Tesla topped the US stock market turnover with a 3.46% increase, trading at $26.717 billion. Tesla recently announced the latest version of its autonomous driving software, FSD V13.2. Based on the update details and test videos, the new version has seen multiple evolutions, including support for 36Hz video input processing, an advanced new AI4 architecture, the system's ability to understand more complex road conditions, identify closed sections and detour, improve efficiency in handling obstacles, and optimize issues like steering wheel shaking. It is worth mentioning that FSD now supports door-to-door autonomous driving capabilities. brokerage
December Starts With a Mixed Market | Live Stock
