Cailianshe (Shanghai, editor Shi Zhengcheng) reported that on the first trading day of 2022, U.S. stock opened in and in a round of plunged , the three major stock indexes collectively rose under the leadership of heavy stocks. In the end, the Dow Jones Industrial Average and S&P 500 index once again set a new close high.
(S&P 500 index, Nasdaq , Dow Minute Line Chart, Source: TradingView)
The Sevens Report founder Tom Essaye explained that although the outlook for the stock market is still optimistic, the process of the global economy emerging from fiscal stimulus/monetary easing will be the main line of the market this year. Feder will enter a rate hike cycle for the first time since 2018, and the impact of this change will run throughout the year.
As the global stock king, Apple has also become the first listed company in history to reach a market value of US$3 trillion. For reference, the company is already worth more than the energy, utilities, consumer essentials, materials or real estate sectors in the S&P 500.
Market dynamics
As of the close, the S&P 500 rose 0.64% to 4796.56 points; Nasdaq index rose 1.20% to 15832.80 points; Dow Jones index rose 0.68% to 36585.06 points.
From the perspective of industry concepts, concepts such as new energy vehicles, oil and gas, uranium, and cruise ships have gained a lot, while sectors such as quantum computing, , and residential construction have the highest declines.
Popular stocks perform
Most of the US technology leaders strengthened today. Among them, Apple rose 2.50%, Tesla rose 13.53%, Amazon rose 2.21%, Google rose 0.27%, Netflix fell 0.84%, Microsoft fell 0.47%, Qualcomm rose 1.83%, AMD rose 4.41%, and Nvidia rose 2.41%.
Economic restart concept also continued to rise after the holidays, including Goldman Sachs rising 3.34%, Chevron rising 1.63%, Exxon Mobil 3.84%, American Airlines rising 4.40%, United Airlines 3.91%, Delta rising 3.10%, Royal Caribbean Cruises 5.11%, Norwegian cruises 6.94%, and Boeing rising 3.25%.
Chinese stocks listed in the list star stocks showed a differentiated market, Alibaba rose 1.34%, but Pinduoduo, JD , Bilibili, and NetEase were all in a downward state.
Company News
[U.S. FDA approved teenagers aged 12-15 to receive Pfizer/BNT enhancement injection]
On Monday local time, the U.S. FDA announced that it would reduce the age of the Pfizer/BNT vaccine enhancement injection to 12 years old, and also allow children aged 5-11 to receive the booster injection of the vaccine. The agency said the decision references vaccination data for children of the same age in Israel. In addition, the US FDA has also announced that it will reduce the interval between inoculation and strengthening injections from six months to five months to better cope with the rampant Kiron virus.
[U.S. Court of Appeal upheld Novartis patent ruling]
On Monday local time, the U.S. Federal Circuit District Appeal Court maintained the effectiveness of the patent for the drug dosage regimen of Novartis' innovative drug for multiple sclerosis with a 2-1 vote. It is worth mentioning that the Chief Justice of the case, Kimberly Moore, objected to the results, saying that the ruling "greatly expanded" the ability of the patent owner to change what was covered in the initial description of the invention. It is reported that this drug contributed US$2.13 billion in revenue to Novartis in the first three quarters of 2021.
[Tesla's Q4 delivery data in 2021 hit a new high, and its stock price soared by 13%]
According to the Q4 delivery data released by Tesla during the New Year's Day holiday, the leader in electric vehicles has completed the delivery of 308,600 new cars in total, setting a new record, and also freezing the company's annual delivery data at 936,000. Considering the construction progress of factories in Berlin, Germany and Texas, USA, Wall Street highly expects Tesla's production capacity to rise to another level in 2022. Stimulated by positive news, Tesla rose 13.53% on the first trading day of the new year, approaching a historical high.
[ Morgan Stanley settles information security class action ]
According to media reports on Monday, Morgan Stanley reached a $60 million settlement with company clients in a class action lawsuit.Court documents show that Morgan Stanley transferred unencrypted devices containing customer profiles to unauthorized third parties when he phased out the wealth management business data center in 2016. The same error occurred once in 2019, but the bank managed to retrieve the related servers.
[ Starbucks requires American employees to get vaccinated or undergo weekly testing]
As the first catering giant to respond to the new epidemic prevention policy of the US federal government, Starbucks in the United States has asked employees to disclose vaccination data before January 10, and also needs to complete vaccination or undergo weekly COVID-19 tests before February 9.