No Data
No Data
The US stock market fluctuated and then declined, Apple fell by 4%, Taiwan Semiconductor's ADR once rose over 7%, and Luxury Goods stocks along with European and American government bonds increased.
In December, USA's retail sales growth was weaker than expected, but the Philadelphia January manufacturing Index reached its highest level in nearly four years. Federal Reserve Board member Waller predicted that there might be up to four interest rate cuts this year, which lowered USA Treasury yields and the dollar. The S&P experienced its first decline in four days, previously boosted by Banks' Earnings Reports. Taiwan Semiconductor's quarterly report confirmed AI demand, leading to most chip stocks rising. Luxury Goods giant Richemont's earnings surpassed expectations, causing a collective increase among peers that pushed French stocks up over 2%. The China concept index rose against the trend, with DouYu increasing by about 28%. The yen approached 155, Bitcoin hovered around $0.1 million, oil prices fell from a six-month high, and Gold reached its highest in five weeks. As a cold wave hit, Henry Hub Natural Gas surged over 4%.
US Morning News Call | FMCC and FNMA Shares Nearly Double in January Gains
Express News | Shares of Quantum Computing Stocks Continue to Rise in Pre-Market Trading, With QBTS Rising 14.16%, LAES Rising 6.83%, QMCO Rising 7.76%, RGTI Rising 7.15%, and IONQ Rising 4.24%.
ADRs Advance; WiMi Hologram Cloud Inc. Climbs 24%
Express News | Wimi Hologram Cloud Announced the Development Of A Hybrid Cpu-Fpga Quantum AI Simulator
US stocks movement | WiMi Hologram Cloud (WIMI.US) rose over 6%, with a Market Cap reaching 0.115 billion USD.
As of the time of writing, the stock has risen over 6%, priced at $1.18.