In the early morning of the 10th, Beijing time, U. S. stocks closed lower on Friday, with all three major stock indexes falling this week. The US producer price index in November showed that inflationary pressures remained high, causing investors to worry that the Fed would continue to maintain an aggressive monetary policy stance and push the US economy into recession. The market is waiting for next week's CPI data meeting with the Fed.

By the close, the S & P 500 closed down 0.73%, down 3.37% for the week, the NASDAQ was down 0.70%, down 3.99%, and the Dow was down 0.90%, down 2.77%.

On Friday, the U. S. government released a closely watched indicator of inflation, the November producer Price Index (PPI). The data showed that PPI rose 7.4% in November from a year earlier, compared with an estimated 7.2%, compared with a previous value of 8.0%. In the United States, PPI rose 0.3% month-on-month in November, compared with an estimated 0.2% and a previous value of 0.2%.

The preliminary consumer confidence index for December released by the University of Michigan on Friday was surprisingly optimistic, suggesting that the US economy was more resilient to a Fed rate hike than policy makers had predicted.

Another important inflation figure will be released in the US next week. The market will judge whether inflationary pressures in the United States have moderated based on the Consumer Price Index (CPI) in November.

The Fed, which is in the midst of its fastest rate hike cycle since the 1980s, will hold a monetary policy meeting next week. The Fed is widely expected to raise interest rates by 50 basis points next week.

The champion of US stock turnover on Friday$Tesla (TSLA.US)$It closed 3.23% higher, with a turnover of $18.814 billion.According to an internal memo, Tesla, Inc. 's Shanghai plant will suspend production of Model Y electric cars from December 25 to January 1, according to people familiar with the matter.

The suspension of production of Model Y is also part of Tesla, Inc. 's previous plan to cut production by 30 per cent, according to two people familiar with the matter. The Shanghai factory is Tesla, Inc. 's most important manufacturing center, and the Model Y is also Tesla, Inc. 's best-selling model. Production disruptions at Model Y are likely to last until early January, one of the people familiar with the matter said. Production of the Model 3 may be suspended again during the 2023 Spring Festival for further upgrades and equipment maintenance to accommodate an improved version of the model, another person familiar with the matter said.

Tesla, Inc. CEO Musk said on Twitter on Friday that the recession would be "severely magnified" if the Fed raised interest rates again next week. The Fed will hold a monetary policy meeting next week and make a decision on interest rates.

Third place$NVIDIA (NVDA.US)$It closed down 0.98% to a turnover of US $8.042 billion.

No. 4$Amazon (AMZN.US)$It closed down 1.39% on a turnover of $6.018 billion.It is reported that Amazon.Com Inc signed a new publishing agreement with Bandai Namco.

No. 5$Microsoft (MSFT.US)$It closed down 0.8% on a turnover of $5.071 billion.The Federal Trade Commission (FTC) sued on Thursday to prevent Microsoft Corp from buying video game publisher Activision Blizzard for $69 billion. This is one of the most aggressive actions taken by FTC to curb the power of tech giants since FTC became chairman of FTC. Analysts believe that this means that U. S. giants may further attract the attention of regulators.

No. 6$Netflix (NFLX.US)$It closed 3.14% higher, with a turnover of $4.65 billion.Ted Sarandos, the company's co-chief executive, said the company's revenue would rebound next year after a difficult year. Netflix released the five most watched shows in the company's history this year, as well as three of the most popular films. Sarandos said the new monthly advertising fee plan should stimulate the company's revenue growth.

Wells Fargo & Co said in a research report that Netflix Inc's rating was raised from "shareholding wait-and-see" to "overweight", and the target price was raised from $300,000 to $400,000.

John Blackledge, an analyst at Kewen, raised Netflix Inc's target price to $405 from $340, maintained its outperform rating on the stock and listed it as its top choice for large-cap stocks in 2023.

No. 7$Advanced Micro Devices (AMD.US)$It closed down 2.67% on a turnover of $4.104 billion.

No. 8 Canadian Sports Brand$Lululemon Athletica (LULU.US)$It closed down 12.85% on a turnover of $3.064 billion.The company's net revenue in the third quarter of fiscal 2022 was $1.9 billion, up 28% from a year earlier and a three-year compound growth rate of 27%. Of this total, net revenue from North American operations increased by 26%, while net revenue from international operations increased by 41%.

11th place$Exxon Mobil (XOM.US)$It closed down 0.84% to close at $2.219 billion.15th place$Chevron (CVX.US)$It closed down 3.19% on a turnover of $1.829 billion.In the face of high oil demand and prices, the two largest oil companies in the United States have revealed plans to increase spending on energy projects next year.

Exxon Mobil Corp said that investment in the project will increase to $23 billion to $25 billion next year, up from the estimated $22 billion this year. Chevron Corp said he planned to invest $17 billion, up from about $15 billion this year. The increased funding includes new funds for emission reduction projects and the impact of inflation.

But the increase in spending will not lead to an immediate increase in production. Exxon Mobil Corp said production next year is expected to be flat at about 3.7 million barrels of oil equivalent per day, while Chevron Corp expects a compound average annual growth rate of more than 3 per cent by 2026.

No. 14$Broadcom (AVGO.US)$It closed 2.57% higher, with a turnover of $2.027 billion.Broadcom Ltd, the US chipmaker, is set to suffer a setback in its $61 billion acquisition of cloud computing company VMware, as EU antitrust regulators prepare to launch a full investigation. The proposed acquisition, the world's second-largest so far this year, highlights Broadcom Ltd's attempt to diversify its business into enterprise software. but Broadcom Ltd's acquisition comes as global regulators step up scrutiny of acquisitions by large technology companies.

UBS lowered its target price for Broadcom Ltd to $675 from $690. Wells Fargo & Co's stock has a "wait-and-see" rating and a target price of $580.

No. 17$DocuSign (DOCU.US)$It closed 12.37% higher, with a transaction of $1.5 billion.

Third-quarter revenue was $645.5 million, up from $545.5 million in the same period last year and market expectations of $627.2 million. Non-GAAP diluted earnings per share were 57 cents, down from 58 cents in the same period last year, but above market expectations of 42 cents.

The company expects revenue of $637 million to $641 million in the fourth quarter and $2.493 billion to $2.497 billion in fiscal 2023. In September, the company expects full-year revenue of $2.47 billion to $2.482 billion; analysts expect fourth-quarter revenue of $641.7 million and full-year revenue of $2.48 billion.

After Docusign announced its results, JPMorgan Chase & Co lowered its target price from $65 to $58.

No. 18$Alibaba (BABA.US)$It closed down 3.01% on a turnover of US $1.427 billion.

The following are the 20 most actively traded stocks of the day (by turnover):