Market news: U.S. Democrats will target Apple (AAPL.O), Meta Platforms (META.O), and companies owned by Elon Musk in their investigation.
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U.S. Democrats Target Apple, Meta Platforms, and Musk's Companies in Investigation
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U.S. Stock Indices Rise Over 1% as Major Tech Stocks Surge
On November 9, U.S. stocks opened higher and continued to rise, with the Dow Jones Industrial Average up 1.19%, the S&P 500 up 1.25%, and the Nasdaq Composite up 1.53%. Major tech stocks collectively surged, with Apple shares rising 2.16%, Microsoft shares up 2.27%, Google-A shares increasing by 3.54%, Amazon shares climbing 5.74%, TSMC shares up 2.45%, SpaceX shares rising 4.05%, Meta shares increasing 5.14%, Broadcom shares up 6.05%, and Tesla shares rising 3.83%. -
U.S. Stock Indices Open Higher; Nvidia Drops Over 8%
On November 9, U.S. stocks opened with the Dow Jones up 1.3%, the S&P 500 up 0.8%, and the Nasdaq up 0.8%. Most star tech stocks rose, with Google (GOOG.O) increasing by 2.6% as the company launched two new TPUs to challenge Nvidia. AMD (AMD.O) rose by 5.9%, Meta Platforms (META.O) by 3.9%, and Micron Technology (MU.O) by 1.9%. However, Nvidia (NVDA.O) opened down 8.4% due to the controversy surrounding CEO Jensen Huang, reaching its lowest level since March. -
Philadelphia Semiconductor Index Rises 2% in Early Trading
On November 9, the Philadelphia Semiconductor Index increased by 2.02% during the day, currently reported at 9580.01 points. Broadcom rose by 5.75%, Micron by 1.46%, Intel by 0.37%, AMD by 4.99%, Qualcomm fell by 0.24%, TSMC increased by 2.36%, and ASML rose by 4.72%. The only exception was NVIDIA, which fell by 6.24%. -
Amazon Stock Rises Nearly 6% in Early Trading, Reaches Highest Point Since Mid-August
On November 9, Amazon (AMZN.US) saw its stock price increase by 5.7% to $274 in early trading, marking a new high since mid-August. The primary drivers behind this surge are the return of funds following panic selling related to AI, along with the catalyst of new business developments in home robotics. -
Brent Crude Oil Drops 5% in a Day
Brent crude oil has dropped 5% today, currently priced at $92.98 per barrel. WTI crude oil has fallen 4.6% today, currently priced at $86.27 per barrel. -
Meta Plans to Build Sales Team to Expand AI Product Market for Enterprises
On November 9, Meta Platforms is taking further steps to promote the sales of AI products in the enterprise market. The company has begun to establish a sales organization, aiming to sell AI products to small and medium-sized enterprises, and is looking to form partnerships with consulting firms and system integrators to attract large enterprise clients. -
US Dollar Index Falls 0.5%
On November 9, the US Dollar Index experienced a decline of 0.5% during the day, closing at 101.78 points. -
WTI Crude Oil Drops to Lowest Level Since Early September at $86.48 per Barrel
WTI crude oil fell to a low of $86.48 per barrel, marking the lowest level since early September. As oil prices declined, the yields on U.S. 10-year and 30-year Treasury bonds dropped to intraday lows. -
French Trade Union Leader: Call for Nationwide Strike on November 17
On November 9, Sophie Binet, president of the French General Confederation of Labour (CGT), announced that French unions are calling for a new round of strikes and protests across the country on November 17 to protest the cost of living and public sector wage issues. The CGT urges all employees, retirees, and young people to seize this day and turn it into another large-scale strike and demonstration. Binet criticized the government for making only 'insignificant concessions' in response to the ongoing protests in France that have lasted for weeks. -
WTI Crude Oil Drops to Lowest Level Since Early September at $86.48 per Barrel
WTI crude oil has fallen to a low of $86.48 per barrel, the lowest level since early September. As oil prices decline, the yields on U.S. 10-year and 30-year Treasury bonds have dropped to intraday lows.
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