According to Zhito Finance, on Wednesday, the three major indexes had mixed performances, with the Nasdaq reaching an all-time high and closing above the 20,000-point mark for the first time.

[US Stocks] At the close, the Dow fell by 99.27 points, a decrease of 0.22%, closing at 44,148.56 points; the Nasdaq rose by 347.65 points, an increase of 1.77%, closing at 20,034.89 points; the S&P 500 Index rose by 49.28 points, an increase of 0.82%, closing at 6,084.19 points. Tesla (TSLA.US) and Google (GOOG.US) both rose more than 5.5%, reaching new highs. NVIDIA (NVDA.US) rose by 3%. The Nasdaq Golden Dragon Index fell by 0.74%, and Alibaba (BABA.US) fell by nearly 1%.

[European Stocks] The German DAX30 Index rose by 82.79 points, an increase of 0.41%, closing at 20,432.05 points; the UK FTSE100 Index rose by 21.10 points, an increase of 0.25%, closing at 8,300.96 points; the France CAC40 Index rose by 28.62 points, an increase of 0.39%, closing at 7,423.40 points; the Europe Stoxx 50 Index rose by 8.01 points, an increase of 0.16%, closing at 4,959.75 points; the Spain IBEX35 Index fell by 173.11 points, a decrease of 1.45%, closing at 11,792.39 points; the Italy FTSE MIB Index rose by 194.30 points, an increase of 0.56%, closing at 34,719.00 points.

[Asia-Pacific Stock Markets] The Nikkei 225 Index increased slightly, the Jakarta Composite Index in Indonesia rose by 0.15%, and the KOSPI Index in South Korea rose by over 1%.

[Cryptos] Bitcoin rose by nearly 5%, priced at $101,511.8. The mayor of Vancouver, Canada, will propose in the city council today to make Bitcoin a reserve asset for the city.

[Gold] Spot gold rose by 0.89%, priced at $2,718.31 per ounce; COMEX Gold Futures increased by 1.29%, priced at $2,753.60 per ounce.

[Crude Oil] The price of light crude oil futures for delivery in January 2025 on the New York Commodity Exchange rose by $1.70, closing at $70.29 per barrel, an increase of 2.48%; the price of London Brent crude oil futures for February 2025 delivery increased by $1.33, closing at $73.52 per barrel, an increase of 1.84%.

[Macroeconomic News]

USA's November CPI saw its largest increase in seven months, but is unlikely to prevent the Federal Reserve from lowering interest rates next week. The Consumer Price Index for November in the USA recorded the largest increase in seven months, but against the backdrop of a cooling job market, this is not likely to stop the Federal Reserve from its third interest rate cut next week. Data showed that last month, the CPI rose by 0.3% month-on-month, marking the largest increase since April, following four consecutive months of a 0.2% increase. The year-on-year CPI increase rose to 2.7% after a 2.6% increase in October. Compared to the peak of 9.1% in June 2022, the year-on-year growth rate of inflation has significantly slowed down. Nevertheless, the process of bringing inflation down to the Federal Reserve's target of 2% has essentially stalled in recent months. However, the Federal Reserve is now more focused on the labor market. Although job growth accelerated in November after being severely disrupted by strikes and hurricanes in October, the unemployment rate accelerated to 4.2% after remaining at 4.1% for two consecutive months.

OPEC further downgraded its oil demand forecast after delaying production increases. OPEC has reduced its oil demand growth expectations for the fifth consecutive month. Previously, due to soft oil prices and concerns about weak global consumption, OPEC further delayed its production increase plans. OPEC now expects demand to grow by 1.61 million barrels per day this year and 1.45 million barrels per day next year, compared to prior estimates of 1.82 million barrels per day and 1.54 million barrels per day respectively. The downgrade mainly reflects pessimistic data from the third quarter, but the organization's overall forecast remains optimistic, as demand growth is still above the historical average level of 1.4 million barrels per day before the pandemic. During this period, total global demand is estimated to reach around 0.1038 billion barrels per day and 105.3 million barrels per day.

The CEO of Bank of America states that sales and trading business in the fourth quarter is expected to hit a record high, with investment banking revenue soaring. Brian Moynihan, the CEO of Bank of America, indicated that the bank's investment banking quarterly revenue is likely to grow by at least 25% year-on-year, and the sales and trading business is expected to set a new record. Moynihan stated at the Goldman Sachs financial services conference on Wednesday that as trading "continues to grow," fourth-quarter investment banking revenue could exceed $1.4 billion. Analysts previously estimated that the USA's second-largest bank's investment banking revenue would be close to $1.5 billion, which represents an approximate growth of 27%. Meanwhile, Moynihan mentioned that sales and trading business should once again achieve year-on-year growth, anticipating mid to high single-digit growth in the last quarter of this year. Analysts predict that market revenue will grow by 8.2% to $4.06 billion. The business led by Jim DeMare "has taken a step up, but we will set a record in the fourth quarter, so we feel very good," Moynihan said.

[Individual Stock News]

Apple (AAPL.US) launched Siri integrated with ChatGPT. Apple released updates for iPhone, iPad, and Mac software on Wednesday, which included the long-awaited ChatGPT-integrated Siri. When users ask Siri complex questions, the ChatGPT integration will be triggered. When Siri is asked a question that the Apple software deems more suitable for ChatGPT, it will request user permission to access OpenAI services. Apple stated that the feature is built with privacy protection, and OpenAI will not store user requests. The integration uses OpenAI's GPT-4o model. It has been reported that Apple users do not need an OpenAI account to access the ChatGPT integration, but users can purchase an upgraded version of ChatGPT through Apple. Additionally, users can access ChatGPT through some text menus.

Elon Musk becomes the world's first person with a net worth exceeding $400 billion. According to the Bloomberg Billionaires Index, Tesla (TSLA.US) CEO Musk's net worth surged by approximately $50 billion to $439.2 billion. Musk's net worth had previously decreased by over $200 billion at the end of 2022, but after Trump won the election last month, Musk, as his biggest backer, immediately saw his fortune skyrocket. On Wednesday, SpaceX and its investors agreed to buy $1.25 billion worth of stock from employees and other insiders. The deal values the private space exploration company at about $350 billion, making SpaceX the most valuable private startup in the world.

Competitors criticize Google (GOOG.US, GOOGL.US) for changing search results and demand the EU to file antitrust charges. Over 20 price comparison websites in Europe criticized Google's proposed changes to its search results on Wednesday, stating that these proposals still do not meet the EU's technical regulations, and urged regulators to bring charges against Google. For more than a year, Google has been discussing with price comparison websites, hotels, Airlines, restaurants, and retailers how to comply with the Digital Markets Act, which prohibits Google from favoring its own products and services on its platform. Last month, the company announced its latest proposal, which includes expanding equal format units, allowing users to choose between comparison sites and supplier sites. If it cannot reach an agreement with competitors, it may revert to the "ten blue links" format from years ago as an alternative. This format is currently being tested in Germany, Belgium, and Estonia.