U.S. stocks closed | All three major indexes fell together, with Tesla rising more than 3% against the market; cryptos concept surged and then fell back, with MSTR dropping nearly 5%.
Wells Fargo & Co predicts that, benefiting from the macro economy and monetary policy, the US stock market will continue to rise, with the s&p 500 index expected to reach 7000 points by the end of next year.
U.S. stocks closed: The three major indices collectively fell ahead of the non-farm payrolls, while Chinese concept stocks regained upward momentum.
① Chinese concept stocks have resumed their upward momentum, with the Golden Dragon Index rising for 5 out of the last 6 trading days; ② AI application concept stock SoundHound AI surged by 31%; ③ CEOs of pfizer and eli lilly and co are rumored to have dined with Trump; ④ Progress in the assassination case of the CEO of a usa medical insurance giant: the killer left a death message.
Bank of America Outlook for 2025: The most aggressive policies in the usa in a century will fuel a "technology bubble", but "the higher one climbs, the harder one falls."
Bank of America warns that the U.S. stock market may have reached a critical point of collapse, potentially facing the impact of the AI bubble and Trump’s policies next year. The similarities between AI and the internet of the late 1990s are apparent, with the bubble's burst only a matter of time. If Trump fulfills his campaign promises, it could bring a brief prosperity to the U.S. stock market, but it would also fuel the bubble, leading to a major depression.
Stock Markets' Winning Streaks End Ahead of Friday Jobs Report
QQQ ETF Declines 0.3%
Invesco QQQ Trust Options Spot-On: On December 5th, 3.37 Million Contracts Were Traded, With 10.18 Million Open Interest
On December 5th ET, $Invesco QQQ Trust(QQQ.US)$ had active options trading, with a total trading volume of 3.37 million options for the day, of which put options accounted for 54.35% of the total