Editor of every business: Li Zedong
On December 2, U.S. stock three major indexes collectively opened . As of press time, the Dow Jones Industrial Average fell 0.89%, the Nasdaq fell 1.45%, and the S&P 500 index fell 1.16%.
Large technology stocks generally fell. As of press time, Apple , Tesla, Microsoft all fell 1.5%, Intel fell 2%; Anavex rose 36%, and the company announced that its clinical trial of Alzheimer's disease therapy reached its main endpoint.
NasdaqChina Golden Dragon Index rose 5%, and Chinese stocks listed in the United States rose against the trend. As of press time, Xiaopeng Motors rose nearly 22%, NIO rose more than 7%, Ideal Auto rose more than 8%, and Bilibili rose more than 9%.
news, according to CCTV News, on December 2 local time, According to data from the US Treasury Department, the balance of outstanding federal government debt in the United States has reached US$31.41 trillion.
It is reported that US Treasury exceeded US$30 trillion in in February 2022, and exceeded US$31 trillion in October. The current US debt ceiling is US$31.4 trillion, and the existing US Treasury bonds have exceeded the upper limit, and debt defaults to .
U.S. Bureau of Labor Statistics Data released on December 2 local time showed that in November, the United States added 263,000 non-farm jobs 7 digits. Meanwhile, the U.S. unemployment rate remained unchanged at 3.7%.
Image source: Photo Network-501478258
Some analysts pointed out that the data of the US non-farm employment report in November was unexpectedly strong. The growth of non-farm employment in November did not slow down, but increased more, and the average hourly wage exceeded expectations, and the month-on-month increased sharply from . The employment report shows that despite the repeated radicalization of the Federal Reserve's interest rate hike, the labor market remains stable, and the pressure of a spiral of inflation has intensified, making the market more worried that the Fed's monetary tightening will remain longer.
According to data released by the U.S. Department of Commerce on Thursday, the personal consumption expenditure price index rose by 0.3% month-on-month in October, which is the Fed's preferred inflation indicator. The index rose 6% year-on-year compared to , lower than the peak year-on-year increase of 7% in June, and was the smallest increase since December last year .
Thursday's report strengthened hopes that the Fed would end its tightening action as soon as possible, a day after Fed Chairman Powell said the Fed could raise 50 basis points in its next meeting after four consecutive rate hikes.
Bank of America believes that under the shadow of the recession, U.S. stocks will fall at the beginning of next year. The bank warned that unemployment will replace inflation and became a major market concern in 2023.
Daily Economic NewsComprehensive CCTV News, Public Information
Daily Economic News
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