The U.S. non farm payrolls in November exceeded expectations, and the three major U.S. stock indexes

Mondo Finance Updated on 2024-01-28

Finance Associated Press, December 8 (edited by Xia Junxiong).On Friday, the three major U.S. stock indexes collectively fell, and Europe's ** rose.

Data released by the U.S. Department of Labor showed that U.S. non-farm payrolls increased by 19 percent in November90,000 people, an estimated increase of 1830,000 people, compared with an increase of 150,000 in the previous value;The U.S. unemployment rate was 37% vs. 39% compared to 39%

Stephanie Lang, chief investment officer at Homrich Berg, said: "The market is watching every data point to see if the economy can continue the 'Goldilocks' scenario, where the labor market cools enough to reduce wage pressures, but not to tip the market into a recession. ”

Company news

[Musk: Grok AI beta is now available to all X Premium+ subscribers in the United States].

On Friday, Elon Musk posted on social media that the beta version of Grok AI is now available to all X Premium+ subscribers in the United States.

[Nvidia CEO: Changes to the U.S. Defense Act do not affect the company's ** chain].

Nvidia CEO Jensen Huang said on Dec. 8 that the company's chain would not be affected after a measure aimed at speeding up the construction of U.S. semiconductor projects was removed from defense legislation that had to be passed. He said that Nvidia wants to produce chips in the United States, but until then, the ** chain needs to remain stable.

[Tesla is reported to have replaced the person in charge of the Dojo supercomputer project].

Ganesh Venkataramanan, head of Tesla's Dojo supercomputer project, has left the company, and former Apple executive Peter Bannon now leads the project, according to a report citing sources.

[UK regulator to review Microsoft's partnership with OpenAI].

On Friday, local time, the UK's Competition and Markets Authority (CMA) said it would review whether Microsoft's cooperation with OpenAI has led to a situation of "gaining control", that is, one party has significant influence or control over the other, and if there are problems that may lead to hindering competition in the industry, then the agency will take more targeted actions in the future.

[Apple reportedly plans to produce more than 50 million iPhones per year in India].

Apple and its vendors aim to produce more than 50 million iPhones per year in India in the next two to three years, according to a report citing sources. If the plan comes to fruition, India will account for a quarter of global iPhone production.

[U.S. judge rules Binance founder Changpeng Zhao must stay in the U.S. before the verdict].

On December 7, local time, Judge Richard Jones of the Seattle District Court ruled that Changpeng Zhao, the founder of cryptocurrency exchange Binance, must not return to his residence in the UAE until the court pronounces the verdict. The ruling overturns an earlier decision by a U.S. magistrate to allow Changpeng Zhao to return to the UAE. In the agreement with the U.S. Department of Justice, Changpeng Zhao admitted to failing to implement anti-money laundering policies, and as part of the plea agreement, Changpeng Zhao resigned as CEO of Binance, and he theoretically faces up to 10 years in prison, but in practice it is not expected to exceed 18 months. Mr. Zhao also agreed to pay a $50 million fine.

Events to watch during the U.S. stock market (Beijing time).

December 8th.

23:00 U.S. one-year inflation rate expectations for December, preliminary U.S. University of Michigan consumer sentiment index for December.

Finance Associated Press Xia Junxiong).

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