U.S. stock night market volatility: Fed rate cut expectations support, Royal Bank of Canada raises luxury goods target price, stock price rises 3.19%

U.S. Stock Night Market Movements

Royal Bank of Canada rose 3.19%. Based on recent key news:

1. On December 2, Royal Bank of Canada raised the target prices for Richemont and LVMH, showing confidence in the luxury goods industry, which drove the stock price up. The target price for Richemont was raised from CHF 145 to CHF 170, and for LVMH from EUR 575 to EUR 650. (Cailian Press)

2. On December 1, expectations for a Federal Reserve interest rate cut increased, improving market sentiment. According to data from the CME FedWatch Tool, the market now expects an 83% probability of a rate cut before the conclusion of the Fed's December meeting, providing significant momentum for the stock market. (Cailian Press)

3. On December 2, Royal Bank of Canada lowered the target price for Puma, reflecting a cautious attitude towards the sports brand, which may impact the related sector. The target price for Puma was lowered from EUR 18 to EUR 17. (Cailian Press) Expectations regarding Federal Reserve policy are influencing market sentiment.

Stocks with High Trading Volume in the Industry

Mitsubishi UFJ Financial Group fell 0.56%. Based on recent key news:

1. On December 1, Bank of Japan Governor Kazuo Ueda stated that the possibility of interest rate hikes would be discussed in depth at the next meeting, strengthening the yen. This news drew market attention to Mitsubishi UFJ Financial Group, causing stock price fluctuations. Source: Jin10 Data

2. On November 30, Deutsche Bank announced a new multi-year strategy, setting new growth and profit targets, expecting enhanced revenue momentum and improved returns. This news had a positive impact on the financial industry as a whole. Source: Zacks Investment Research

3. On December 2, the financing rates offered by the Swiss National Bank were higher than the benchmark rate, attracting global banks to participate, indicating an active international financial market. Source: Bloomberg The financial industry is facing expectations of interest rate hikes, leading to increased market volatility.

NU Holdings rose 0.28% in the night market. Based on recent news:

1. On December 1, NU Holdings announced that it provided over 760 billion Colombian pesos in returns to customers through its accounts and CDTs, with 66% of users utilizing the Cajitas feature and 11% investing in CDTs. This news demonstrates the company's strong performance in customer returns, boosting investor confidence and driving the stock price up.

2. On December 2, MarketBeat pointed out that although NU Holdings currently has a moderate buy rating among analysts, top analysts believe there are five stocks that are more worthy of purchase. This news may have a slight negative impact on the stock price, but the overall impact is limited. The market is performing steadily, with noticeable capital inflows.

JP Morgan rose 0.05% in the night market. Based on recent key news:

1. On December 2, JP Morgan increased its stake in China Tower, raising its ownership ratio to 6.05%. This move demonstrates confidence in the telecommunications equipment industry, driving related stocks up

2. On December 1st, HashKey Holdings went through a listing hearing on the Hong Kong Stock Exchange, with JP Morgan as a joint sponsor. This news has strengthened market expectations regarding JP Morgan's influence in the digital asset sector.

3. On December 2nd, JP Morgan reduced its stake in Minth Group, lowering its shareholding ratio to 5.93%. This move may reflect a cautious attitude towards the automotive parts industry. U.S. Treasury yield expectations are volatile, with a focus on risks