US Stock Market Decline and Global News Highlights

On Tuesday in Eastern Time, the three major US stock indices closed lower. By the end of the trading day, the Dow Jones Industrial Average fell by 0.35%, the Nasdaq Composite fell by 0.25%, and the S&P 500 index fell by 0.30%. US semiconductor stocks saw a general decline, with Micron Technology dropping nearly 5%, Broadcom and TSMC falling by nearly 4%, Intel falling over 3%, and NVIDIA and Qualcomm falling by nearly 3%.


Oracle fell 6.68% as its second-quarter revenue and guidance for the current quarter did not meet expectations. Google rose 5.59% after the company launched its latest quantum chip ‘Willow,’ marking a significant technological breakthrough. Experience the collective decline of popular Chinese concept stocks immediately with our innovative investment research assistant. The NASDAQ Golden Dragon China Index closed down 4.


34%, and the 3x Leveraged FTSE China ETF fell by nearly 13%. Tiger Brokers fell over 14%, Futu Holdings fell over 11%, Bilibili fell over 11%, NIO fell over 7%, XPeng Motors fell over 6%, Pinduoduo and Li Auto fell over 5%, and NetEase, JD.com, and Baidu fell over 4%.


Global news highlights include foreign capital aggressively buying into A-shares through large call options, with Wall Street traders purchasing nearly 180,000 YINN call options from November 29th to last Friday. Additionally, Wall Street traders bought about 210,000 CHAU call options last week. CHAU is twice as bullish on the CSI 300 Index, while YINN is thrice as bullish on the FTSE China A50 Index.


The South Korean National Assembly held a general meeting and passed a resolution demanding the swift arrest of President Yoon Seok-youl, along with an investigation into Yoon Seok-youl and others for suspected rebellion, under the ‘Rebellion Permanent Special Prosecutor Law.’ The South Korean National Assembly, with 191 votes in favor, 94 against, and 3 abstentions, passed a resolution calling for the swift arrest of Yoon Seok-youl and seven others. The resolution strongly urged the prompt arrest of Yoon Seok-youl, former Minister of National Defense Kim Yong-hyun, and former Minister of Public Administration and Security Lee Sang-min, among others.


Sora was officially released on the morning of December 10th, during the third day of OpenAI’s 12-day special event, and has been highly anticipated by the public. User reviews indicate that there are still issues with unnatural hand movements in characters and text garbling, which is not as good as China’s KeLing and HaiLu.


Foreign capital is fleeing in a major exodus! South Korea’s stock market undergoes significant changes! Data shows that before this round of political turmoil, foreign capital was already leaving the South Korean stock market. Official South Korean data released today shows that foreign investors net sold 415.4 trillion won (approximately 21 billion yuan) in the South Korean stock market in November, marking four consecutive months of net selling by foreign investors.


Have talks collapsed? In response to the tariff threats from US President-elect Trump, Canadian Prime Minister Trudeau announced at an event held on December 9th that if Trump truly imposes a 25% tariff on imported goods from Canada, Canada will retaliate with tariffs. This statement implies that Trudeau’s meeting with Trump at the end of last month ended in a deadlock.


TSMC’s November Sales Reach NT$276.06 Billion, Up 34% Year-on-Year TSMC’s November sales amounted to NT$276.06 billion, marking a 34% increase year-on-year.


Tesla’s Robot Demonstrates Walking Ability, Overcoming Rough Terrain ‘Blindfolded’ Through Neural Network Control On December 10th, Tesla’s official robot account released a video showcasing the latest advancements of its humanoid robot Optimus walking on complex terrain. The Tesla robot team selected three locations covered with weeds and fallen leaves, with the steepest ground slope reaching approximately 30 degrees. From the video, Optimus was not only able to climb uphill but also descend, albeit a bit clumsier than an average person, but with a walking speed similar to that of an ordinary person, without falling down during the entire process.


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