Media reports indicate that the newly elected USA President Trump will adjust the new tariff policy to a moderate level, surprising the market. On Monday, US stocks rose, with the Dow Jones briefly returning over 43,000 points, gaining more than 380 points at most. However, Trump later denied this statement, and the Dow opened high but closed low, ending with a slight drop of 25 points at 42,706 points. The S&P 500 Index closed up 32 points or 0.6%, ending at 5,975 points; the Nasdaq maintained its gains throughout the day, closing up 243 points or 1.2%, ending at 19,864 points.

Chip stocks performed well. NVIDIA (NVDA.US) rose for the third consecutive day, gaining over 3%, while Micron Technology (MU.US) surged by over 10%, and the Penghua Guozheng Semiconductor Chip ETF (SMH.US) rose more than 3%.

Disney (DIS.US) is merging Hulu+ Live TV with FuboTV (FUBO.US) streaming services, causing the latter's stock price to skyrocket by 251%, stabilizing Disney.

After Tesla (TSLA.US) released its fourth-quarter delivery data, the stock showed little movement. Reports indicate that Apple (AAPL.US) has decided to abandon the use of Taiwan Semiconductor (TSM.US) 2-nanometer chips for iPhone 17, planning to postpone the adoption for the iPhone 18 series, with Apple's stock rising less than 1%.