Federal Chairman Powell said last night that the rate hike of may slow down from December, , US stocks entered a technical bull market, and Chinese stocks listed in the listed company rose sharply.

Global stock markets are generally encouraged. On December 1, it is worth looking forward to whether can perform well in the A-share market.
Federal Chairman Powell hinted that interest rate hikes will begin to slow down as early as December. It emphasizes that the fight against inflation is far from over, and the interest rate will continue to rise and remain at a restrictive level for some time. The market believes that Powell's speech is expected to strengthen the market's expectations for a 50 basis point rate hike at the Federal Reserve's meeting from December 13 to 14. Powell said the top of interest rates could be "a little higher" than officials' estimates in September, when the median forecast for the highest rate of interest rates next year was a high of 4.6%. At the December meeting, the Federal Reserve will announce the updated dot map.
Powell's statement was quickly responded to in capital market .
According to Wind information, the three major U.S. stock indexes closed sharply, with the Nasdaq rising 4.41%, and a cumulative increase of 4.37% in November; S&P 500 index rising 3.09%, and a cumulative increase of 5.37% in November; Dow Jones rose 2.17%, and a cumulative increase of 5.67% in November, rebounding more than 20% from the October low, entering a technical bull market.
technology stock performed strongly, Apple rose 4.86%, Amazon rose 4.46%, Netflix rose 8.75%, and Google rose 6.09%. Bank stocks and airline stocks rose collectively at the same time.
European stocks closed up across the board. Most of the major Asia-Pacific stock indexes closed higher, the South Korean comprehensive index rose 1.46%, the Nikkei 225 index fell 0.21%, the Australian S&P 200 index rose 0.43%, and the New Zealand NZX50 index rose 1.35%.
Popular Chinese stocks rose sharply, Nasdaq China Golden Dragon Index rose 9.62%, and rose 42.13% in November, setting the largest single-month increase in on record. Xiaopeng Motors stock price rose 47.62%, leading the Chinese stocks listed in the United States, leading the collective rise of Chinese stocks of new energy vehicles, NIO 21.62%, and Ideal Auto rose 18.73%. Among the popular Chinese stocks listed in
, Youxin rose 22.97%, Huya live broadcast rose 20.18%, Yadu rose 19.45%, Kingsoft Cloud rose 18.9%, Youdao rose 18.38%, Tuniu rose 16.67%, Lufax Holdings rose 14.91%, BOSS Direct Recruitment rose 14.27%, and Bilibili rose 12.73%.
text/Beijing Youth Daily reporter Liu Shenliang
edit/Tianye
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