2022 is coming to an end, and investors are cautious. The trading volume of U.S. stocks on Thursday (29th) was light.
Dow JonesIt closed up more than 345 points, almost recovering all the losses of the previous trading day, and the S&P rose 1.75%.That fingerA strong rise of nearly 2.6%,fee halfThe index rose more than 3%, TSMC’s ADR rose more than 4%, and Tesla soared more than 8%.
In terms of data, the U.S. Department of Labor announced that the adjusted number of initial jobless claims last week was 225,000, in line with market expectations, but still close to historical lows. The data showed that the job market remained resilient this year despite the Fed’s efforts to cool demand .
In terms of geopolitics, the war between Russia and Ukraine has not stopped. Russia launched a large-scale air strike on Ukraine again on Thursday, targeting major cities in Ukraine, including the capital Kyiv and Lviv near Poland in the west. It is reported that the United States is considering providing Ukraine with Bradley mounted combat vehicle.
The novel coronavirus pneumonia (COVID-19) global epidemic continues to spread. Before the deadline, the Johns Hopkins University (Johns Hopkins University) data pointed out that the number of confirmed cases worldwide has exceeded 659 million, and the number of deaths has exceeded 6.68 million. More than 12.7 billion doses of vaccines have been administered in 184 countries around the world.
After the United States, Japan and other countries imposed entry and exit controls one after another, the European Union stated that it is unreasonable to impose new crown tests on passengers from China.
On Thursday (29th), the performance of the four major US stock indexes:
Focus stocks
The five kings of science and technology climbed across the board. apple (AAPL-US) rose 2.83%; Alphabet (GOOGL-US) rose 2.82%; Microsoft (MSFT-US) up 2.76%; Meta (META-US) rose 4.01%; Amazon (AMZN-US) rose 2.88%.
Dow JonesConstituent stocks rose more and fell less. Disney (DIS-US) rose 3.58%; Salesforce (CRM-US) rose 3.17%; American Express (AXP-US) rose 2.3%; Nike (OF THE US) up 2.06%; Walgreens Boots (WBA-US) fell 0.29%.
fee halfComponent stocks rallied. NVIDIA (NVDA-US) rose 0.57%; Applied Materials (AMAT-US) rose 3.09%; Texas Instruments (TXN-US) rose 2.38%; Micron (MU-US) rose 3.11%; Intel (INTC-US) rose 2.62%; Qualcomm (QCOM-US) rose 2.68%; AMD (AMD-US) up 3.60%.
ADRs of Taiwan stocks closed higher together. TSMC ADR (TSM-US) rose 4.02%; ASE ADR (ASX-US) rose 3.25%; UMC ADR (UMC-US) rose 3.70%; Chunghwa Telecom ADR (CHT US) rose 0.57%.
Corporate News
TSMC ADR (TSM-US) soared more than 4% to US$76.00 per share, the conversion price was 467.10 yuan, and the discount rate was 4.73%. TSMC held a 3nm mass production and factory expansion ceremony in Tainan Science Park on Thursday. In his speech, Liu Deyin, chairman of TSMC, emphasized that the next decade will be an era of rapid growth in the value chain of the semiconductor industry, and Taiwan will play a more critical role in global economic development. Role.
Tesla (TSLA-US) soared 8.08% to $121.82 per share. Tesla extended its rebound on Thursday, and Morgan Stanley believes the recent sell-off has created a buying opportunity for Tesla stock, which is expected to extend its lead in the electric car race.
apple (AAPL-US) rose 2.83 percent to $129.61 a share. Apple’s iPhone assembly plants in China are starting to catch up, despite concerns over the escalating COVID-19 outbreak.
Goldman Sachs (GS-US) edged up 0.75 percent to $343.43 a share. Goldman Sachs CEO Su Dewei (David Solomon) announced that the company is planning a new round of layoffs and is expected to announce the layoff plan in the next few weeks. Foreign media expect Goldman Sachs layoffs to take place in early January 2023.
Southwest Airlines (LUV-US) rose 3.70 percent to $33.38 a share, after trading down nearly 0.5 percent after hours. Southwest Airlines warned after hours that the collapse of the company’s operations during the Christmas holiday will definitely affect the company’s fourth-quarter earnings.
Economic data
- The number of people claiming unemployment benefits in the United States reported 225,000 last week, 225,000 expected, and the previous value was 216,000
- The number of Americans continuing to receive unemployment benefits last week was reported at 1.71 million, expected to be 1.686 million, and the previous value was 1.669 million
Wall Street Analysis
Larry Adam, chief investment officer at Raymond James, said: “The initial jobless claims data indicated that the U.S. labor market is loosening, which is good news for the Fed.
Jason Blackwell, investment strategist at The Colony Group, said: “The market seems to be applauding the modest increase in continuing claims as the data is in line with expectations and provides plenty of evidence that a soft landing is possible.”
However, Citi analyst Gisela Hoxha still believes: “Although both initial and continuing jobless claims data have increased, they are still at the level of late 2019. News of corporate layoffs has increased in recent months. There is no clear evidence that this is reflected in initial jobless claims. gold data.”
Louis Navellier, founder and chief investment officer of Navellier & Associates, compared the trend of US stocks on Thursday to “a one-day version of Christmas market.”
Navellier pointed out: “A rebound is long overdue, and the recent market weakness may be due to the absence of Christmas market, exacerbating tax-loss selling. Going into the new year, the market will face further volatility. There’s a lot of uncertainty about how determined the Fed will be to not turn into a recession.”
The numbers are all updated before the deadline, please refer to the actual quotation