November 27th | U.S. stocks collectively closed higher, with the Dow rising by 0.28%, the Nasdaq by 0.63%, and the S&P 500 Index by 0.57%. Both the Dow and the S&P 500 Index hit new historical highs. Due to the impact of Trump's tariff threats, U.S. auto stocks fell, with General Motors plummeting by 9%, Stellantis dropping nearly 6%, and Ford down by almost 3%. Weight loss drug concept stocks rose across the board, with Eli Lilly and Co. up nearly 5%, Viking Therapeutics up nearly 3%, and Novo-Nordisk up nearly 2%. Previously, U.S. President Biden proposed medical insurance and medical subsidy coverage for weight loss drugs. Bitcoin fell below $91,000, leading to a sharp decline in blockchain technology stocks, with Canaan dropping by over 13%, MicroStrategy and Bit Digital both falling by over 12%, Riot Platforms declining by over 7%, and Coinbase falling by over 6%. The Nasdaq Golden Dragon Index fell by 0.84%, with most popular China concept stocks experiencing declines, such as Nio dropping by over 7%, iqiyi by over 4%, Li Auto by over 2%, PDD Holdings, Bilibili, and XPeng Motors all falling by over 1%.
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- Dow Jones Industrial Average, s&p 500 index hit new highs again, while General Motors fell by 9%.
道指、标普500指数再创新高,通用汽车大跌9%
Dow Jones Industrial Average, s&p 500 index hit new highs again, while General Motors fell by 9%.
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