Market Overview
▪ U.S. stocks closed with all three major indices slightly retreating.
▪ The Dow Jones Industrial Average closed at 48,367.06 points, down 0.2%.
▪ The S&amp;P 500 index closed down 0.14% at 6,896.24 points, failing to reach a new high, having touched a historical peak last Friday (December 26).
▪ The Nasdaq index closed at 23,419.08 points, down 0.24%.
Sector Performance
▪ The system software industry showed volatility, with Microsoft up 0.08% and Oracle up 0.94%. Recent trends have been relatively stable, but previous consecutive declines have erased all gains from the second half of the year, bringing stock prices back to mid-year levels. There is a clear wait-and-see attitude among investors, but expectations for AI and cloud services continue to support the market.
▪ The semiconductor sector experienced overall fluctuations, with NVIDIA down 0.36%, Micron Technology down 0.59%, while Intel rose 1.69%, standing out within the sector. Investors are particularly focused on changes in AI and capital movements, leading to a divergence in stock performance within the sector.
▪ The automotive manufacturing sector also showed mixed performance, with Tesla down 1.13%, affected by concerns over order deadlines and future diversification pressures. Nio rose 3% due to policy expectations and market expansion, while XPeng also increased by 3.80%, demonstrating strong vitality.
Macroeconomic Background
▪ The U.S. labor market is under high scrutiny, with the unemployment rate dropping to 4.6%, indicating market resilience. Non-farm payrolls increased by 64,000, and the slowing growth rate has exerted some pressure on overall market sentiment.
▪ Investors are generally focused on Federal Reserve policy guidance and future economic prospects. The Federal Reserve's meeting minutes indicate that most members expect a rate cut after December, and the market remains sensitive to changes brought about by these key factors.
Popular Stocks
▪ Antelope Enterprise (AEHL.US) saw its stock price rise by 92.92%, with a trading volume of $98.4065 million, showing significant adjustment but no recent important news disclosed.
▪ Aimei Health Tech (AFJK.US) rose by 89.19%, with a trading volume of $68.7541 million, also without major news.
▪ Profusa (PFSA.US) increased by 78.33%. The company announced a debt restructuring, effectively raising the convertible bond floor price. The stock price once surged to a level of 112%, with the market maintaining interest in its future development.
Top 10 Market Trading Volumes
▪ Tesla (TSLA.US) latest trading price is $454.43, down 1.13%, with a trading volume of $27.175 billion.
▪ NVIDIA (NVDA.US) latest trading price is $187.54, down 0.36%, with a trading volume of $18.343 billion.
▪ Microsoft (MSFT.US) latest trading price is $487.48, up 0.08%, with a trading volume of $6.803 billion
▪ Micron Technology (MU.US) latest transaction price $292.63, down 0.59%, transaction amount $6.795 billion
▪ Meta (META.US) latest transaction price $665.95, up 1.10%, transaction amount $6.125 billion
▪ Apple (AAPL.US) latest transaction price $273.08, down 0.25%, transaction amount $6.045 billion
▪ Broadcom (AVGO.US) latest transaction price $349.85, up 0.13%, transaction amount $5.828 billion
▪ Google -A (GOOGL.US) latest transaction price $313.85, up 0.09%, transaction amount $5.460 billion
▪ Amazon (AMZN.US) latest transaction price $232.53, up 0.2%, transaction amount $5.078 billion
▪ Palantir Tech (PLTR.US) latest transaction price $180.84, down 1.81%, transaction amount $4.266 billion

The three major U.S. stock indices closed slightly lower, with significant fluctuations in the technology and automotive sectors, drawing investors' attention to supply chain and market demand. Microsoft performed steadily, while Tesla and NVIDIA dipped slightly, and Nio saw a noticeable increase. The macroeconomic environment is facing the impact of slowing job growth and policy uncertainty

- U.S. stock indices showed slight declines, with the Dow Jones closing at 48,367.06, down 0.2%, and the S&P 500 down 0.14% at 6,896.24, failing to reach new highs.  
- The semiconductor sector experienced mixed performance, while the automotive sector saw divergence with Tesla down 1.13% amid concerns, contrasted by NIO and Xpeng both up around 3%.  
- The labor market remains resilient with unemployment at 4.6%, and investors are sensitive to Federal Reserve policy changes expected in December.

Market Heartbeat

Microsoft

Oracle

NVIDIA

Micron Tech

Intel

XPeng

Antelope Enterprise

Aimei Health Tech

Profusa

Tesla

Meta Platforms

Chevron

U.S. stock market close | Three major indices slightly adjusted, Tesla fell 1.13%, Nio rose 3%