🚀【Today's Stock Market Update】🚀

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📈U.S. benchmark indices rose on Monday, led by the "Magnificent Seven," with Tesla and Nvidia driving a 1.4% gain, helping the S&P 500 erase earlier losses.

🌐Asian stocks traded within a narrow range during holiday sessions, with Japanese markets mixed, Australian stocks slightly down, and Hong Kong and Sydney shortening trading hours due to Christmas Eve.

📉South Korean consumer confidence hit its lowest since the pandemic, sparking speculation about slowing private spending and potential central bank rate cuts.

📊The S&P 500 closed up 0.7% on Monday, the Nasdaq 100 rose 1%, and the China-concept stock index gained 0.9%.

🎅Analysts predict that despite recent profit-taking, the primary uptrend in stocks remains intact, with a high likelihood of a "Santa Claus rally" this year.

📅Key events this week: Christmas, U.S. initial jobless claims, Boxing Day, Tokyo CPI, and other economic data.

📈Market movements: Hang Seng futures up 0.1%, Japan's Topix up 0.2%, Australia's S&P/ASX 200 flat.

💰Currency markets: The dollar, euro, and yen showed little change, while offshore yuan remained stable against the dollar.

📈Cryptocurrencies: Bitcoin rose 0.4%, while Ethereum fell 0.7%.

📉Bond markets: The 10-year Treasury yield held steady at 4.58%, with Japan and Australia's 10-year yields flat and slightly up, respectively.

📈Commodities: West Texas Intermediate crude rose 0.4%, while spot gold was little changed.

$NVIDIA(NVDA.US)$Tesla(TSLA.US)$Taiwan Semiconductor(TSM.US)