[ad_1]
On Thursday (17) a new round of stimulus laws is expected to come out, which will alleviate concerns about a slowdown in the labor market. Real estate, materials, and healthcare led the rise. UMC ADR soared by almost 7%, and the three major US stock indices such as Dow Jones, Nasdaq and S&P. Make a record.
On Wednesday, the US Congress discussed a new bailout deal on a scale of about $ 900 billion, which includes another round of direct cash disbursements to the American people. House Speaker Pelosi said Thursday that he expects the first two parties to complete the final bill on Thursday. Senate Majority Leader McConnell said a new round of stimulus measures appears to be coming soon.
The global epidemic of new corona pneumonia (COVID-19) continues to have a fever. According to real-time statistics from Johns Hopkins University in the United States, the number of confirmed cases worldwide has skyrocketed to more than 74.68 million and the number of deaths has exceeded 1.65 million. The United States has accumulated more than 17.14 million cases were diagnosed and the accumulated number of deaths exceeded 309,000.
On Thursday (17) the performance of the four main US stock indices:
- The Dow Jones index rose 148.83 points, or 0.49%, to close at 30,303.37 points.
- The S&P 500 Index rose 21.31 points, or 0.58%, to close at 3,722.48 points.
- The Nasdaq index rose 106.56 points, or 0.84%, to close at 12,764.75 points.
- The Philadelphia Semiconductor Index rose 4.72 points, or 0.17%, to close at 2,778.14 points.
Focus actions
The five kings of science and technology mixed. Apple (AAPL-US) was up 0.70%; Facebook (FB-US) fell 0.43%; Alphabet (GOOGL-US) fell 0.95%; Amazon (AMZN-US) fell 0.15%; Microsoft (MSFT-US) was up 0.064%.
The constituent shares of Dow Jones closed higher. Johnson & Johnson (JNJ-US) rose 2.64%; Boeing (BA-US) fell 2.05%; Home Depot (HD-US) rose 1.62%; Nike (NKE-US) rose 1.56%; Visa (V-US) rose 1.40%.
Fei’s semicomponent stocks were mixed. Qualcomm (QCOM-US) fell 0.14%; AMD (AMD-US) fell 0.010%; Intel (INTC-US) fell 0.92%; NVIDIA (NVDA-US) was up 0.75%; Micron (MU-US) fell 1.00%.
UMC ADR performs best on Taiwan stocks. TSMC ADR (TSM-US) fell 0.82%; ASE ADR (ASX-US) rose 0.88%; UMC ADR (UMC-US) soared 6.84%; Chunghwa Telecom ADR (CHT-US) fell 0.08%.
Stock Market News
Investment bank Wedbush reiterated the argument that the iPhone 12 will start the supercycle. It can ship up to 250 million iPhones next year, and Apple (AAPL-US) was up 0.70% to $ 128.70 a share.
International credit rating agency Standard & Poor’s (S&P Global Ratings) improved Tesla’s (TSLA-US) rating from BB to BB, and Tesla rose 5.32%.
ContextLogic (WISH-US), the parent company of the US version of Taobao Wish, was listed on the Nasdaq exchange on Wednesday and closed at US $ 22.9 a share. On Thursday, its stock price closed up 11.07% to US $ 22.27 per share, still below the issue price. ($ 24 per share).
After Morgan Stanley raised the rating of Warner Music Group (WMG-US) to Overweight, Warner Music rose 8.71% to $ 35.93 per share.
38 US state and local governments jointly filed antitrust lawsuits, accusing Google of attempting to expand its dominance in the search market, leading Alphabet (GOOGL-US) down 0.95%.
Data key
- The United States last week (12/12) reported 885,000 unemployment benefits for the first time, and an expected 725,000. The previous value rose from 853,000 to 862,000.
- The United States last week (December 5) reported 5.508 million renewed unemployment benefits, the previous value increased from 5.757 million to 5.781 million
- The annualized monthly growth rate of new homes started in the United States in November is reported to be 1.2%, which is expected to be -0.2%, and the old value rises from 4.9% to 6.3%.
- The total of new homes started in the United States in November was 1,547 million and 1,528 million are expected, the previous value decreased from 1.53 million to 1,528 million.
- The monthly growth rate of US building permits in November reported 6.2%, 1.0% expected, previous value-0.1%
- The total amount of construction permits in the United States in November reported 1,639 million, which is expected to be 1.56 million, and the previous value was 1,545 million.
- Philadelphia Fed December Manufacturing Index reported 11.1, expected 20, previous value 26.3
Wall Street Analysis
GraniteShares research director Ryan Giannotto said today’s earnings are related to stimulus measures and expectations of a deal between the two parties.
Randy Frederick, vice president of trading and derivatives at Charles Schwab, said the best performing sectors, such as technology, face the highest consolidation risk, while some of the less popular sectors, such as finance and energy, suffer as investors are looking for bargains. New attention.
Wells Fargo Asset Management’s global chief investment officer Kirk Hartman said the market clearly expects the vaccine launch to go smoothly and the company will continue to be profitable. All of these things are expected to continue, but investors need to worry a bit about the risks.
Charlie Ripley, investment strategist at Allianz Investment Management, said the Federal Reserve has decided to keep the current asset purchase plan, so it has not given up on easing. They have made it clear that downside economic risks will continue to exist in the coming months, even though financial markets may send some signals that risky assets have performed well and US stocks have broken record highs.
[ad_2]
