U.S. stocks rose for five consecutive weeks. On Friday, the S&P Nasdaq rose for the fourth time in a rowFor the first time in S&P history, the S&P breached 5,000。The Dow Jones stopped three consecutive days and fell to a record high. Disney fell nearly 2%, but it still rose nearly 12% during the earnings week. Microsoft rose more than 1%, hitting a record high for three consecutive days. The chip stock index rose 2%., Nvidia closed up 36% hit a record high, ARM, which fell 10% at the beginning of the session, closed up more than 1%, and rose 62% in the weekly earnings report. AI concept stock Palantir reported a weekly report up 43%. Regional bank NYCB closed up nearly 17% and is still down nearly 20% for the week. European chip stock ASML rose 25%, hitting a record high for seven days, and L'Oreal fell 76%。
The CPI annual overhaul was not "frightened", and the U.S. Treasury yield** flattened the rise and turned down, and then the rise expanded, the two-year yield hit its highest level since the December Fed meeting.
After the CPI correction, the U.S. dollar index turned lower and started the year with weekly gains. The yen**, which hit a two-month low, jumped higher.
turned up, and the income hit a new low in the past two weeks. **Five consecutive gains, up more than 6% in a week, U.S. natural gas fell 11% for the week. London zinc hit a five-month low, and London copper hit a new low in the past three months, falling more than 6% and 3% respectively throughout the week. Bitcoin rallied nearly $3,000 intraday, the first time since the approval of the spot ETF in the United States rose above 4$80,000.
In the Chinese market, during the U.S. stock market, the Chinese concept stock index rose more than 1%.Yinglong's mid-year concept stock index rose more than 5% throughout the week,, Tencent rose more than 2%; The offshore yuan fell more than 100 points intraday to 722。Hong Kong stocks opened lower and moved lower, with the Hang Seng Index closing down more than 1%, Alibaba falling more than 1%, and New Oriental rising more than 5%.
The box office of the Spring Festival stalls exceeded 2 billion yuan, the major film parties "roll" low prices.U.S. stocks: The Dow fell 014%, and the S&P 500 rose 057%, Nasdaq rose 125%。Jia Ling lost 100 poundsAfter his first public appearance; “**Double maleAccelerate the pace of expansion；Science awarded the Breakthrough Drug of the Year to the GLP-1 product.
S&P 500Exceeded 5,000 points, setting a record for the fastest break through the integer of 1,000 pointsWall Street seriously discusses the "1995 reenactment".
TeslaSales in South Korea in January:1 car；Tesla has raised prices for the Model Y.
European stocks: Europe's STOXX 600 index closed down 009%。Germany's DAX 30 index closed down 027%。France's CAC 40 index closed down 024%。Britain's FTSE 100 index closed down 031%。
A shares: A shares are closed.
Bond market: The yield on the benchmark US 10-year Treasury bond**214 basis points at 41754%。The two-year Treasury yield rose 259 basis points, at 44799%。
commodity: WTI closed up 0 in March$62, up 081% to 76$84 barrel. Brent closed up 0 in April$56, up 069% to 82$19 barrel. COMEX closed down 045% at 2038$70 oz. The total amount of zinc in the LME period is more than 6% in the week, and the lead in the period is more than 5%.
Domestic macro
Spring Festival box officeBroke 2 billion yuan, the major film companies "roll" at a low price, and there are theater managers: "A ticket is less than 5 yuan, as if you don't need money." Five films occupy more than ninety percent of the row. The total box office of "Flying Life 2" and "Hot and Hot" both exceeded 400 million yuan, followed by "Bear Infested: Reversing Time and Space" and "Article 20". Domestic company figures
Jia Ling made her first public appearance after losing 100 pounds; **Double maleAccelerate the pace of expansion；Science awarded the "Breakthrough Drug of the Year" to GLP-1 products, and there are many people who want to lose weight like Jia Ling, but the "miracle drug" is still hard to find. The good news is that Novo Nordisk and Eli Lilly are working hard to change that. Through the construction of new factories, large-scale acquisitions, and accelerated research and development, the "miracle drug" is expected to slowly begin to meet market demand. In the 2023 "Breakthrough Drug of the Year" article, Science magazine said that obesity, like other diseases, is a biological chronic disease with a clear pathophysiological mechanism; **Effect is affected by willpower, but is far from being determined by willpower. So,"It is wrong to attribute the failure to succeed** to the lack of determination of the fat man"! Overseas macro
The S&P 500 broke through 5,000 points, setting a record for the fastest break through the 1,000-point integer figure, recording the best winning streak since 1972, and the price-to-earnings ratio is close to the peak of the last bull market. Some short-selling investors believe that a drawdown is a matter of time. If Nvidia's earnings report explodes, or U.S. inflation rekindles, it could end this round of U.S. stock rally. From the macro to the tech, Wall Street is seriously discussing the "1995 repeat". The Federal Reserve has started a cycle of interest rate cuts, the U.S. economy is still resilient, and the "Internet era" of artificial intelligence is about to begin. Everything is strikingly similar to 1995. The reasons for the divergence in U.S. stocks have emerged: 80% of S&P 500 companies reported earnings that beat expectations, and 38% of small-cap stocks lost money. According to the analysis, it will take another quarter for the earnings growth of the large-cap cyclical sector and small- and medium-sized stocks to turn positiveIt is still a profitable market dominated by large stocks. After the conflict between Russia and Ukraine, Putin gave an exclusive interview to an American reporter for the first time: it covered a wide range of topics, and it took more than half an hour to explain the view of history. According to The Paper, Putin said in an interview that a peaceful resolution of the conflict will only be possible if the United States stops supplying ** to Ukraine. “If you really want to stop fighting, you need to stop *** and it will be over in a few weeksOverseas companies
Tesla's sales in South Korea in January:1 carThe car sold is a Tesla Model YIt was South Korea's best-selling imported car in September last year。Not only Tesla, but in January, the number of new electric vehicle registrations in South Korea fell by 80% month-on-month. According to Tesla**,The company raised the price of the Model Y, just six days ago the price of the Model 3 was raised. The Model Y rear-wheel drive (RWD) and long-range all-wheel drive (AWD) models will increase by at least $1,000, effective March 1. AI topics are relevant
Nvidia entered the field of custom chips, the stock price hit a new high, and the market value is close to Amazon, Google, and Nvidia is rumored to enter the custom chip market, further consolidating its leadership position in AI chips, and is even expected to "rebuild an ARM" internally. Spurred on this news, Nvidia's stock price hit a new high, and its market value approached that of Amazon and Google. Goldman Sachs believes thatNvidia has more than 10% of the space in the coming year, while Intel has 10% of the space。OpenAI gambled $7 trillion to buy 4 Nvidias, equivalent to 10% of global GDP. As soon as Altman's $7 trillion plan came out,There was a global uproar。This amount represents 10% of global GDP, which is equivalent to 25 Microsoft, 375 Google, 4 Nvidia, 7 Meta, or 115 Teslas. Gemini vs GPT-4 Two top AI models: In benchmarks, the two perform roughly equally, GPT-4 is better at writing ** and writing poetry, and Gemini is better at multimodal and search tasks. According to the analysis, the release of Gemini shows that "Google has really jumped into the AI raceThis is the first time since the release of ChatGPT that there is another company's large model that can rival Open AI's most advanced model. China's financial markets are closed for the Chinese New Year holiday.
Richmond Fed President Barkin and Minneapolis Fed President Kashkari spoke.
U.S. Budget for January.
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