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“Peace Trade” Emerges! Bank of America Identifies Five Top Winners, with Most Oversold Assets Seen as Most Promising
The Trump administration, facing dual pressures from inflation and declining approval ratings, finds accelerating the resolution of the U.S.-Iran conflict to be its optimal choice, with rising asset prices serving as a core pillar supporting the 'America First' strategy. Bank of America strategist Hartnett has released a 'Peace Winners' list.
U.S. Markets Close | Inflation concerns remain elevated, with the S&P 500 and Nasdaq posting a third consecutive day of declines; optical communications stocks rose against the trend, with ALAB surging over 13% and Marvell Technology gaining more than 4%;
Most U.S. equity sector ETFs closed lower, with the airline industry ETF down 2.90%, and the financials ETF, internet stock index ETF, and consumer discretionary ETF each falling 1.11%. The yield on the 30-year U.S. Treasury note rose to 5.18%, reaching its highest level since just before the global financial crisis of 2007. The 10-year yield also climbed by 7 basis points to 4.66%, marking its highest level since January 2025. The U.S. Dollar Index gained 0.4%, rising above its 200-day moving average for the first time in six weeks.
Industrial Securities: Embrace the Prosperity United Front, Internal Prosperity Becomes the Optimal 'Safe Haven'
As the U.S.-Iran negotiations enter the substantive phase, structurally, the main contradiction in subsequent market pricing will shift from external geopolitical risks to internal economic performance indicators.
U.S. Stocks Close | The “Santa Claus Rally” kicks off as the S&P 500 and Dow Jones Industrial Average both hit new all-time closing highs; storage-related stocks perform strongly, with Micron Technology surging nearly 4% to a new peak; Nike rises nearly 5
U.S. stocks closed early on Christmas Eve, with the S&P 500 and Dow Jones Industrial Average reaching new record closing highs. All three major indexes posted gains for a fifth consecutive trading day. Most U.S. sector ETFs closed higher, led by consumer staples. Nike rose 4.6%, while Apple CEO Tim Cook purchased $3 million worth of shares. The VIX index fell to its lowest point since early December 2024.
U.S. Stock Market Close | Persistent Concerns Continue to Weigh, All Three Major Indices Down; Dow and Nasdaq Fall Over 1%; Broad Decline in Large-Cap Tech Stocks, Amazon Drops More Than 4%, NVIDIA Down Nearly 3%; PDD Holdings Slumps Over 7% Post-Earnings
The Dow Jones Industrial Average fell 1.07%, the S&P 500 dropped 0.83%, and the Nasdaq plunged 1.21%. The Philadelphia Semiconductor Index has retreated more than 11% from its historical high. The VIX, or 'fear index,' surged over 10%.
One Year of the 924 New Policy (ETF Chapter): Breaking Through 5 Trillion, China's ETF Ranks First in Asia
①Explosive growth: ETFs breached three major milestones within a year, with total assets reaching RMB 5.31 trillion; ②Dual drivers of equities and bonds: A500 Index Funds raised nearly RMB 200 billion in inflows, while bond ETFs surpassed RMB 600 billion; ③Ecosystem advancement: The number of ETF companies managing over RMB 100 billion increased to 15, as index-based investing benefits from favorable policy measures, fostering an environment conducive to long-term capital allocation.