December 3, 2021
The non-agricultural new jobs in the United States in November were only 210,000, which was far short of market expectations of 550,000. US St. Louis Federal Reserve Bank President James Bullard said that he still supports the Fed to raise interest rates twice next year.
The three major US stock indexes opened higher and lowered lower. The Nasdaq, led by technology stocks, plunged 2%. Tesla fell 7%, Adobe fell more than 8.6%, and Microsoft fell 2.7%.
Brad said on Friday that if there is a problem with the inflation situation, the Fed may need to speed up its action, and the Federal Open Market Committee (FOMC) may hope to speed up the action to reduce the purchase of debt (Taper) at an upcoming meeting.
He said that if the Reserve Bank completes the reduction of debt purchases in the first quarter of next year, it will provide the authorities with policy options, and hopes that the Fed meeting will soon have news of interest rate hikes.
The International Monetary Fund (IMF) has issued a warning about increasing inflationary pressures, warning that the Omicron variant virus has caused new uncertainties. Fed officials should pay more attention to inflation risks.
*Review this morning’s “ET Open Direct” Huang Weihao’s analysis of the U.S. stock market outlook*[Click here to see-Time code attached]
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Market trend:
[0:36]The Dow fell 105 points, the Nasdaq fell 2%, and the index fell 0.9%.
[23:25]U.S. stocks opened higher and lowered. The Dow fell 60 points, the Nasdaq fell 1.4%, and the index fell 0.6%.
[22:33]Didi fell more than 4%, Futu, iQiyi, and Pinduoduo fell about 7%.
[22:30]US stocks opened, the Dow rose 116 points, the Nasdaq rose more than 0.2%, and the standard index rose 20 points or 0.4%.
[21:37]Dow futures rose 70 points, and Nasdaq futures rose 0.3%.
【21:30】[US economic data]US non-agricultural new jobs in November of 210,000 are far below expectations; unemployment rate drops to 4.2%
[18:10]Dow futures rose 6 points, and Nasdaq futures fell more than 0.2%.
[12:42]Dow futures rose 8 points to 34647 points; standard index futures fell 3 points to 4573 points; Nasdaq futures fell 29 points or 0.2% to 15,961 points.
【12:17】[TSLA]Musk sells another 930,000 shares of Tesla for approximately US$1 billion to exercise share options on the same day
【11:29】[US Government]The US Senate passed a short-term government funding bill to be handed over to Biden for signature to avoid government shutdown on Friday
【10:28】[Didi Delisting]Didi: plans to delist from the New York Stock Exchange and go to Hong Kong for listing, or submit a listing application in March next year
【08:21】[NVDA]The US Federal Trade Commission files a lawsuit to block Nvidia’s acquisition of Arm
【07:02】[China Concept Stocks Storm]US SEC officially implements the “Foreign Company Accountability Act” Chinese concept stocks are worried about being delisted
==Following December 2 (Thursday) Stock Market ==
US President Biden said that the federal government is not expected to shut down on Friday (3rd). Senate Republican leader Mitch McConnell (Mitch McConnell) said that there will be no lockout. The news is positive for US stocks, and the Dow once rebounded by more than 700 points in the end. Boeing (US: BA) rebounded 7.54% on Thursday, driving the trend of the Dow. According to reports, its 737MAX regained its airworthiness permit in China. As of 5 am today, the Dow rose 617 points to close at 34639 points; the standard index rose 64 points to close at 4577 points; the Nasdaq rose 127 points to close at 15,381 points.
*Review this morning’s “ET Open Direct” U.S. stocks expert Huang Yaoxue, you will test your position to win in the epidemic market*【Click here to see-Time code attached】
See the closing of US stocks:
The Democratic and Republican parties of the United States reached an agreement on a short-term appropriation bill. The bill will ensure that federal government departments have funds to operate until mid-February next year, avoiding the crisis of forced partial suspension from midnight on Friday.
On the other hand, the U.S. Securities and Exchange Commission (SEC) requires Chinese companies listed in the U.S. to disclose whether they are companies controlled or owned by the state and provide audit certification information to make the disclosures of Chinese companies consistent with other U.S. companies.
Investors are assessing the impact of Omicron on the United States. The White House plans to tighten travel restrictions. International oil prices fell nearly 5% yesterday and then rebounded. New York oil futures rose 1.98% to $66.87; London Brent oil rebounded. 1.73%, quoted at 70.06 US dollars. OPEC+ agreed to maintain a daily increase of 400,000 barrels of oil in January next year.
New York gold futures closed down US$21.6, or 1.2%, to US$1762.7, the lowest level since October 12.
Apple (U.S.: AAPL) fell more than 4% in the early stage and closed down to 0.6%. Bloomberg News quoted news as saying that Apple notified mobile phone parts suppliers that demand for iPhone 13 has weakened. Shipments can pick up, but Apple notified that these potential orders may not be realized.
U.S. Treasury Secretary Janet Yellen said that preparing to abandon inflation is “temporary” and that stimulus measures have contributed to inflation to a certain extent, but the epidemic is also one of the reasons, and labor shortages have begun to put upward pressure on wages. Omicron may aggravate the bottleneck of the supply chain and cause demand to weaken, slowing down global economic growth.
The number of people claiming unemployment benefits for the first time in the United States rose to 222,000 last week, but it was better than the 240,000 expected. As of the previous week, the number of continuous applicants was 1.956 million, a decrease of 107,000, which was lower than the expected 2.003 million, and it was the first time since the outbreak of the epidemic in early March last year that it fell below the 2 million mark. .
[AAPL]Apple is reported to have weakened demand for supplier iPhone 13
The Hong Kong stock market is constantly updated. For details, please see:【Next page】
Market trend:
【02:19】Grab Holdings’ intraday decline in US stocks expanded to more than 20%, refreshing the market’s low of $8.75.
[02:11]Many Chinese concept stocks have fallen sharply, with Weilai (US: NIO), Xiaopeng (US: XPEV), Ideal Motors (US: LI) and Bilibili (US: BILI) all falling by more than 5 %, Pinduoduo (US: PDD) fell 4.9%, Futu Holdings (US: FUTU) fell 4.8%, and NetEase (US: NTES) fell nearly 3%.
[01:59]Morgan Stanley shares rose 4.6%, the largest increase in 10 months
【01:38】Epidemiological data in South Africa show: Compared with previous strains, OmicronMutated strains triple the risk of re-infection.
【01:26】Market news: Funding for the US government until February 18th, the bill to avoid government shutdown has passed a procedural vote and has now been submitted to the House of Representatives
[01:11]The Dow rose by 635 points or more than 1.8%; the Nasdaq rose by 122 points or 0.8%; the benchmark index rose by 51 points or 1.1%; among the Dow component stocks, Boeing rose 5.3%, American Express rose 4.7%, and Visa It rose more than 4.5%, Salesforce.com rose about 3.4%, Travelers Companies Inc. rose about 3%, and Apple’s decline narrowed to 1.3%.
[00:21]U.S. airline stocks continued to strengthen, Delta Air Lines (U.S.: DAL) rose nearly 8%, JetBlue Airways (U.S.: JBLU) rose 6.7%, Hawaiian Airlines (US: HA) rose 6.65%, Southwest Airlines ( US: LUV) rose 6.11%, United Airlines (US: UAL) and American Airlines Group (US: AAL) rose by about 5%.
[00:21]U.S. cruise stocks ranked among the top gainers. Carnival Cruise Line (US: CCL) rose 5.3%, Royal Caribbean Cruises (US: RCL) rose 3.7%, and Norwegian Cruise Line (US: NCLH) rose 3.4%.
[00:08]The Dow rose to more than 500 points, temporarily up 506 points or 1.5%; the Nasdaq rose 0.3%; the standard index rose 27 points; the Dow component Boeing once rose 4.3%, but the rate of increase temporarily narrowed to 2.8 %, the official website of the Airworthiness Certification Center of the Civil Aviation Administration of China issued the “China Civil Aviation 737MAX Airworthiness Directive”, which means that Boeing 737MAX has no airworthiness regulatory obstacles for the return of the Boeing 737MAX in China.
[23:29]The Dow rose 455 points, the Nasdaq rose 0.2%, and the index rose more than 0.9%.
[22:30]US stocks opened, the Dow rose 151 points, the Nasdaq fell more than 0.1%, and the standard index rose 6 points or more than 0.1%.
[17:54]Dow futures rose 304 points, and Nasdaq futures rose 0.4%.
[17:53]European stocks fell, German stocks fell nearly 0.9%, French stocks fell nearly 0.8%, and British stocks fell nearly 0.6%.
【17:52】[SPAC]Southeast Asian ride-hailing giant Grab surged over 30% before listing on Nasdaq on Thursday, expected to hit the largest SPAC listing
[12:29]Dow futures rose 222 points to 34244 points; standard index futures rose 24 points to 4537 points; Nasdaq futures rose 70 points or 0.4%.
【11:51】[US stock focus]Meta’s Facebook requests to permanently dismiss the US FTC antitrust lawsuit and denounce the other party for no factual support
【11:15】[Chip Wars]Qualcomm releases new game chip platform Snapdragon G3x and partners with Razer to push portable game consoles
【10:58】[AAPL]Apple is reported to have weakened demand for supplier iPhone 13
==Following December 1 (Wednesday) Stock Market ==
The first case of Omicron in the United States was discovered, and the Reserve Bureau’s Beige Book acknowledgment of strong inflation and shocked US stocks. The Dow rebounded from 520 points in the early stage to 476 points at the end of the day. The…
Read More: [US stock market conditions]Brad supports two interest rate hikes next year, the Nasdaq