U.S. Stocks Volatile: Google Hits Record High, Tesla Sales Soar, Macy's Shares Drop.

Market Overview and Huitong Network official websiteStock Performance
After the release of the US November CPI data, the dollar index saw a slight decline, yet its overall gains remained stable. The three main US stock indexes opened higher, but soon narrowed their gains. Macy’s stock price fell by more than 10% after the company lowered its annual earnings per share forecast, projecting adjusted earnings per share from $2.25 to $2.5, below the market expectation of $2.55 to $2.9. Meanwhile, Mondelez International’s stock price rose by more than 4% as the company announced the approval of a new $9 billion stock buyback authorization.

Tech Stocks Rise Across the Board, Google Stock Hits Record High
Major tech stocks generally increased, with the Wind US Tech Giants Index rising by 1%. Tesla’s stock price rose by over 2%, as Tesla's sales in the Chinese market reached 21,900 units from December 2 to 8, marking a single-week sales record high for the fourth quarter. Google began strong at the opening, with its stock price hitting a record high, reporting $192.9 by press time, showing remarkable performance.

Fluctuations in Chinese Stocks and A50 Futures
Regarding Chinese stocks, the Nasdaq China Golden Dragon Index saw a slight decline early in the session, with both JD.com and Bilibili's stock prices falling by over 3%. Fangdd Network Group’s stock price plunged by more than 4% after the company announced it plans to raise $7 million through a stock sale. Furthermore, FTSE China A50 index futures experienced a plunge in the evening, indicating quite volatile market sentiment.

Overall, while US stocks mostly rose, particularly the impressive performance of major tech stocks, retailers like Macy's saw significant setbacks due to lowered earnings forecasts, and Chinese stocks also faced some pressure. Investors will still need to pay attention to future market trends, especially how economic data and company earnings reports affect the stock market.

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.