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Skoda Auto: 1,043,900 vehicles will be delivered to customers in 2025, representing a 12.7% year-on-year increase.Market news: Due to the escalating dispute over Greenland, Danish officials will be absent from this years Davos Forum.Jialitu: The company expects its net profit attributable to owners of the parent company to be between -60 million yuan and -45 million yuan in 2025.On January 19, Li Qiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, chaired a symposium with experts, entrepreneurs, and representatives from the fields of education, science, culture, health, and sports to solicit opinions and suggestions on the draft Government Work Report and the draft outline of the 15th Five-Year Plan. Li Qiang emphasized the need to thoroughly implement the central governments 15th Five-Year Plan recommendations and the deployment requirements of the Central Economic Work Conference, addressing the uncertainties of the development environment with the certainty of high-quality development. He stressed the importance of prioritizing high-quality development goals, implementing a more proactive fiscal policy and a moderately loose monetary policy, focusing on the combined effect of various policies, strengthening the coordination between reform measures and macroeconomic policies, and achieving greater breakthroughs in effective qualitative improvement. He also emphasized the need to broaden the paths to high-quality development, strengthen innovation-driven development, deepen reform and opening up, place the strategic focus of development on expanding domestic demand, and continuously enhance the endogenous driving force of development. Finally, he stressed the need to effectively guarantee and improve peoples livelihoods in promoting high-quality development, adhering to the principle of closely integrating peoples well-being with consumption promotion, and investment in goods with investment in people, cultivating new economic growth points, and continuously improving peoples well-being.The China Earthquake Networks Center officially reported that a 5.1-magnitude earthquake occurred at 19:32 on January 19 in Qiaojia County, Zhaotong City, Yunnan Province (27.01 degrees north latitude, 103.41 degrees east longitude), with a focal depth of 10 kilometers.

S&P 500 Heads Towards The 4000 Level As Treasury Yields Decline

Cory Russell

Nov 23, 2022 16:13

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Energy Stocks Rise as WTI Oil Heads in the Direction of The S&P 500 index rose to a level of $82 as energy firms recovered from yesterday's decline. In today's trading session, shares of Marathon Petroleum, APA Corporation, and Hess Corporation all increased by 5%.


Today, basic materials stocks have also had significant positive momentum, notably those of the producer of copper Freeport-McMoRan and the manufacturer of fertilizer Mosaic.


The S&P 500's largest gainer today was Best Buy. After the store exceeded analyst expectations, increased full-year guidance, and started up its buyback program, the stock increased by 11%.

While this was happening, traders' attention was diverted to Dollar Tree's 9% loss due to the weak earnings outlook.


The NASDAQ Composite, which is heavily weighted toward technology stocks, rose 0.8%. It's interesting to note that Tesla was able to rise above yearly lows despite concerns that it would lower pricing in China because to sluggish demand.


Overall, the recovery was significant, and all market segments were able to pick up positive momentum during today's trading session. Today, a weaker US currency and lower Treasury yields gave stocks significant assistance.

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