US stocks collectively opened lower in early trading, Tesla relaunched funding plan, and open fell more than 3% | Anue



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US stocks collectively opened lower on Tuesday 8. The Dow Jones Industrial Average fell 86 points or 0.3%, the S&P 500 fell 0.3%, the Nasdaq fell 0.3% and the rate fell 0.04%.

After the market value of Tesla (TSLA-US) hit the US $ 600 billion mark on Monday, it announced on Tuesday that it would issue US $ 5 billion worth of new shares at a market price. Below 600 billion US dollars.

According to data from Johns Hopkins University, the United States added 192,000 confirmed cases and 1,404 new deaths on Monday (7th), bringing the cumulative number of confirmed cases to 14.96 million and cumulative deaths to 284,000.

Ahead of the formal review meeting, experts from the U.S. Food and Drug Administration (FDA) stated Tuesday that the test data for the new corona vaccine from Pfizer and BioNTech meet the authorization guidelines of Pfizer and BioNTech. emergency use (US), and the FDA could be in the next few days or more. Approve the vaccine within a week.

Pfizer (PFE-US) and BioNTech (BNTX-US) opened 1.5% and 2.5%, respectively.

In addition to the vaccine news, the market continues to pay attention to whether the US Congress has agreed on a new round of rescue plans and a $ 1.4 trillion annual spending bill.

The House of Representatives is expected to vote on the continuing resolution on Wednesday (9) to prevent the federal government from pausing this week after current expedient spending runs out and to reserve more time for negotiations on the rescue plan.

Starting Tuesday (8) 22:00 Taipei time:
  • The Dow Jones Index fell 86.52 points, or -0.29%, to 29,983.27 points temporarily.
  • Nasdaq fell 28.99 points, or -0.23%, to 12,490.96 points temporarily
  • The S&P 500 Index fell 10.59 points, or -0.29%, to 3,681.37 points temporarily
  • Commissions and a half fell 1.03 points, or -0.04%, to 2805.58 points temporarily
  • TSMC ADR rises 0.54% to $ 106.96 per share
  • Yield on 10-year US Treasuries fell to 0.911%
  • New York light crude fell 0.74% to $ 45.42 a barrel
  • Brent crude fell 0.51% to $ 48.54 a barrel
  • Gold rose 0.41% to $ 1,873.70 an ounce
  • The US dollar index rose 0.05% to 90.835 points
Daily chart of the Dow Jones industrial average (Photo: Juheng.com)
Daily chart of the Dow Jones industrial average (Photo: Juheng.com)
Focus actions:

Tesla (TSLA-US) fell 3.08% in early trading to $ 622.

Tesla’s filing with the SEC shows that the company plans to raise $ 5 billion through a market share allocation, which is the second time in nearly three months and the third this year. The assignment scale and subscribers Same as in September.

In early September, Tesla announced the issuance of new shares at market prices, with a financing scale of up to US $ 5 billion, and selling them to the market on an irregular basis.

Palantir Technologies (PLTR-US) was up 5.67% in early trading to $ 30.58.

After landing a three-year contract worth $ 44 million from the U.S. Food and Drug Administration (FDA), the stock price of big data company Palantir has skyrocketed, generating concern in the market.

According to foreign media reports, Palantir will provide data and analysis services for the FDA’s Center for Drug Evaluation and Research (CDER), expedite the review of potential drugs, and provide services to the FDA Center of Excellence on Cancer to go conducted cancer drug development and review operations.

Uber (UBER-US) fell 1.25% in early trading to $ 53.13.

Uber announced that it will sell its Advanced Technologies Group (ATG) autonomous vehicle division to autonomous startup Aurora Innovation for $ 4 billion. As part of the transaction, Uber will invest $ 400 million in Aurora and own approximately 26% of Aurora. Shares, the transaction is expected to be completed in the first quarter of next year.

Daily key economic data:
  • November US NFIB Small Business Confidence Report 101.4, Expected 102.5, Previous Value 104
(Photo: Investing.com)
(Photo: Investing.com)
Wall Street Analysis:

Georgina Taylor, manager of Invesco’s multi-asset fund, said the global epidemic has yet to get out of the way and the possibility of a closure order still exists, especially in the United States. She believes that as the end of the year approaches, some investors hope to find a brake on earnings.

Gero Jung, chief economist at Mirabaud Asset Management, said emergency rescue plans are necessary for companies in trouble. The recovery of the labor market has slowed significantly. Therefore, the rescue case appears to be very important, which will further affect market sentiment.




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