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美股早市 | 科技股力撑美股走高!英特尔涨超7%,特斯拉涨近4%;中概股、加密货币概念股强势上涨,京东涨超8%,MSTR涨超6%

U.S. stock market morning | Technology stocks support a rise in U.S. stocks! Intel is up over 7%, Tesla is up nearly 4%; Chinese concept stocks and Cryptos concept stocks are strongly rising, JD.com is up over 8%, and MSTR is up over 6%.

Sina Finance ·  Jan 17 23:44

On the evening of October 17, Beijing time, US stocks continued to rise in early trading on Friday, with the major indexes set to record their first weekly gain since 2025. Trump's inauguration next Monday may signal that the market is entering a more turbulent period.

The three major U.S. stock indexes collectively rose, $Nasdaq Composite Index (.IXIC.US)$ Increased by more than 1%. $Dow Jones Industrial Average (.DJI.US)$$S&P 500 Index (.SPX.US)$ Increased by nearly 1%.

Next Monday (January 20, 2025) is Martin Luther King Jr. Day, and the US stock market will be closed.

Several economic data released this week show that inflation pressure in the USA has eased, boosting market confidence. The year-on-year increase in the core Consumer Price Index (CPI) was lower than expected, and the increase in the Producer Price Index (PPI) for December was also less than expected.

UBS Group believes that the PPI data from Tuesday and the CPI data from Wednesday eased investor concerns about inflation and pushed up US stocks after a difficult start to 2025, forecasting that the S&P 500 Index will reach 6,600 points in December.

Solita Marcelli, Chief Investment Officer for the Americas at UBS Group, stated: "This week's weak inflation data is a reassuring signal for the market, especially after the recent rise in bond yields and the decline in US stocks."

She added: "We believe that a robust US economy, healthy corporate profit growth, and further development of AI should support a rebound in US stocks."

Marcelli also stated that investors might be underestimating the possibility of the Federal Reserve further lowering interest rates this year. She predicts that the Federal Reserve will cut rates a total of 50 basis points this year, possibly starting around mid-year.

This week, earnings reports from several large banks, including Morgan Stanley, Citigroup, and Bank of America, were strong, helping major stock indices recover from the sluggish state that persisted from December 2024 to the beginning of 2025.

Investors are also paying attention to next Monday's inauguration of Trump for a second term as president. After Trump's election victory in November, US stocks surged swiftly as investors bet that he would loosen regulations and cut taxes upon taking office.

Some analysts believe that Trump's inauguration next Monday may signal the market entering a more turbulent period, as this Republican is expected to quickly take action on a wide range of issues, including trade and immigration, which are expected to affect the volatility of Assets.

Trump's trade plans may further exacerbate inflation concerns, putting pressure on Bonds and Stocks, while efforts to tighten immigration controls may also impact these markets. Deregulatory measures could enhance the value of Assets, including Cryptos and Bank Stocks.

Jeff Muhlenkamp, portfolio manager at investment management firm Muhlenkamp, stated: "The market will be very sensitive to this speech. Right now, everyone is trying to interpret every word and nuance that Trump or his closest allies say."

Generally, US Stocks have reacted relatively flat to presidential inaugurations, but due to Trump's unpredictability and the influential nature of his commentary on the market, this time may be different.

Focus on individual stocks

Growth Tech stocks are showing strong performance, $Intel (INTC.US)$ Increased by over 7%. $Tesla (TSLA.US)$An increase of nearly 4%. $NVIDIA (NVDA.US)$An increase of nearly 3%. $Broadcom (AVGO.US)$$Qualcomm (QCOM.US)$ Increased by over 2%.

China Concept Stocks collectively surged. $JD.com (JD.US)$ Increased by over 8%. $PDD Holdings (PDD.US)$ Up nearly 4%, $Alibaba (BABA.US)$$Baidu (BIDU.US)$ is up nearly 3%.

Cryptos Concept Stocks are up across the board. $MARA Holdings (MARA.US)$Up nearly 9%. $MicroStrategy (MSTR.US)$ Increased by more than 6%, $Coinbase (COIN.US)$ Increased by more than 4%.

$JD.com (JD.US)$ Rising over 10%, the new version of the APP launches a 'gift-giving' feature.

$Intel (INTC.US)$ Rising over 7%, a previous report from the tech website SemiAccurate suggested that the company could become a target for acquisition.

Editor/Somer

The translation is provided by third-party software.


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