On December 12, 2023 local time, the three major U.S. stock indexes collectively closed higher, all recording their fourth consecutive trading day** and hitting a new high for the year, of which the S&P 500 index was the highest since January 2022. As of **, the Dow Jones rose 048% at 3657794 points;The S&P 500 rose 046% at 464370 o'clock;The Nasdaq rose 070% at 1453340 points.
Most of the popular technology stocks**, Broadcom rose more than 4%, Facebook's parent company Meta, Nvidia rose more than 2%, Amazon rose more than 1%, Apple, Microsoft slightly**;Oracle fell more than 12%, Tesla fell more than 1%, and Google A slightly**.
Today, the S&P 500 ETF (513500) rose 057%, intraday ** reported 1576 yuan, continuing to hit a record high, trading premium, premium rate of 108%, with a turnover of more than 10 million, an increase of nearly 25% year-to-date. Since its establishment on December 5, 2013, the ETF has been established for 10 years, pursuing long-term stable returns on overseas assets, with a return of 210 since its establishment38%。
The Nasdaq 100 ETF (513390) rose 099%, the intraday trading premium is significant, and the premium rate is 105%, the ETF has risen by more than 2992% with an annualized return of 4965%。
In terms of macro data, the annual rate of CPI in the United States was not seasonally adjusted in November1%, a new low since June this year, in line with market expectations, expected 310%, the previous value was 320%。The seasonally adjusted CPI in the United States recorded a monthly rate of 01%, a new high since September this year, higher than market expectations of 0%. Excluding energy and food**, the core CPI was **03%, year-on-year **4%, all in line with expectations.
The CICC research report pointed out that the CPI in the United States in November was 31%, and the core CPI was 4 year-on-year0%, all in line with market expectations. From the point of view of sub-items, the persistence of energy is an important factor in the decline of CPI, but the resilience of service inflation still exists, indicating that the battle against CPI is not over. This CPI data supports the Fed to continue to pause rate hikes, but does not support a rate cut anytime soon, and we expect the FOMC to hold its ground on Thursday, and the dot plot may maintain the rate cut twice next year, which is much more conservative than the market's rate cut of five times. Related** may refute the market's aggressive expectations for a rate cut, but investors may not agree with it entirely, implying that the market and the Fed may continue to play until economic data proves or falsifies the need to keep interest rates high.
The content and data are for reference only and do not constitute investment advice. AI technology strategy is provided for Youlian Cloud.