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2024-12-14 05:57:16

The Nasdaq rose to 1%, while the S&P 500 index rose 0.58% and the Dow rose 0.1%.Fitch: The progress of inflation decline seems to have ended. Brian Coulton, chief economist of Fitch, said that the decline of core commodity prices (the main force of inflation decline this year) seems to have ended. With the increase of automobile prices, the core commodity prices rose by 0.3% month-on-month. Service inflation is declining, but the rate of decline is very slow, because rent inflation is stubborn, and the service inflation is 4.6%, which is still far higher than the pre-epidemic level.The Nasdaq index just broke through the 19900.00 mark, and the latest report was 19900.89, up 1.09% in the day.


The China Securities Association held two meetings: to promote the standardized development of the regional equity market and actively promote the transformation of wealth management in the industry. According to the news released by the China Securities Association on December 11th, the meeting of the chairman and all members of the regional equity market professional committee of the China Securities Association was held a few days ago. The meeting introduced the work of the Committee in 2024, discussed the focus of the next stage, and exchanged experiences on specific issues such as research exchange and blockchain construction. Members attending the meeting unanimously stated that they will do a good job in the cultivation and standardized management of the capital market, actively guard against business risks, and promote the standardized and healthy development of the regional equity market.Bank of Canada: Wage growth shows signs of slowing down, but wage growth related to productivity is still at a high level.The short-term decline of USD/CAD against Canadian dollar further expanded to nearly 70 points, and it is now reported at 1.4138.


Goldman Sachs CFO Coleman: US President-elect Trump announced the chairman of the Federal Trade Commission (FTC). It is expected that this progress will lead to more M&A transactions.Market information: EU member states agreed to impose the 15th round of sanctions on Russia, and the US crude oil futures price rose by more than USD 1/barrel.Industry ETFs generally rose at the beginning of the US stock market, with semiconductor ETFs rising by 1.2%, regional bank ETFs, banking ETFs and internet stock index ETFs also rising by at least 1%, while medical ETFs fell by more than 0.4%.

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