US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
NIO Inc Options Spot-On: On November 26th, 224.81K Contracts Were Traded, With 3.28 Million Open Interest
On November 26th ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 224.81K options for the day, of which put options accounted for 26.73% of the total transactions,
Express News | Most china concept stocks fell, with Nio dropping over 7%.
Asian Equities Traded in the US as American Depositary Receipts Fall in Tuesday Trading
U.S. stocks are moving differently | Chinese auto stocks are declining before the market opens, with Xpeng Motors down over 2%.
On November 26, Glonghui reported that Xiaopeng autos fell over 2% before trading, while NIO dropped over 1%. In terms of news, Bernd Lange, the chairman of the European Parliament's Trade Committee, said in an interview with German media last Friday that the EU and china are close to reaching an agreement on changes to tariffs on imported electric vehicles from china, and china may commit to establishing a minimum price mechanism for electric vehicles exported to the EU. However, a Reuters report on Monday quoted an unnamed EU Commission official stating that this claim is incorrect, and negotiations are still ongoing, but there are obstacles preventing both sides from reaching an agreement. (Glonghui)
Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.
① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.