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Wankayilian has launched the "artificial intelligence + global expansion" strategy, aiming to achieve RMB 10 billion in revenue by 2029.Jinyong Investment (01328.HK) rose by more than 100%.Hong Kong stocks with tea beverage concepts continued to rise today, with Cha Baidao (02555.HK) rising more than 17%, Nayuki Tea (02150.HK) rising more than 8%, Gu Ming (01364.HK) rising more than 5%, and stocks such as Shanghai Ayi (02589.HK) and Mixue Group (02097.HK) following suit.Hilong Holdings (01623.HK) rose more than 80%.1. Westpac: The Reserve Bank of Australia is expected to cut interest rates in July, but it is not set in stone. The final rate is still expected to be 2.85%. 2. Goldman Sachs: The Reserve Bank of Australia is expected to cut interest rates in July and will continue to cut interest rates in August and November, with the terminal rate expected to be 3.1%. 3. State Street Global Advisors: The Reserve Bank of Australia is expected to cut interest rates in July in order to protect economic growth. At present, inflation is obviously no longer a concern. 4. Reuters poll: The Reserve Bank of Australia is expected to cut interest rates in July. 31 of 37 economists support the rate cut, and another 6 believe that the interest rate will remain unchanged. 5. Capital Economics: The Reserve Bank of Australia is expected to cut interest rates in July. Recent data still shows that the Australian economy is inclined to decline, and there are still sufficient reasons for an early rate cut. 6. UBS: The Reserve Bank of Australia is expected to cut interest rates in July due to weak economic activity and easing inflation. It will continue to cut interest rates in August to protect the economy. 7. ING: The Reserve Bank of Australia is expected to cut interest rates in July and the interest rate is expected to reach 3.1% by the end of the year. Australias overall and core inflation are expected to remain near the midpoint of the 2-3% range in the coming quarters. 8. Pepperstone: The Reserve Bank of Australia is expected to cut interest rates in July. As the second quarter CPI data has not yet been released, the Reserve Bank of Australia will not provide clear forward guidance in its statement on how long it will take to reach a neutral interest rate.

The Dow Jones Industrial Average Closes Higher by 0.30 Percent

Charlie Brooks

Dec 14, 2022 10:44

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Following Tuesday's market close, the Oil & Gas, Technology, and Basic Materials sectors led to a rise in U.S. stocks.


The Dow Jones Industrial Average was up 0.30 percent, the S&P 500 index was up 0.73 percent, and the NASDAQ Composite index was up 1.01 percent at the close of trading on the NYSE.


Chevron Corp (NYSE:CVX) had the best performance on the Dow Jones Industrial Average for the session, increasing 2.23 percent or 3.78 points to $173.53. Salesforce Inc (NYSE:CRM) rose 1.91 percent, or 2.54 points, to end the day at 135.65, while Merck & Company Inc (NYSE:MRK) rose 1.78 percent, or 1.94 points, to 110.91.


Amgen Inc (NASDAQ:AMGN) had the worst performance during the session, declining 1.63 percent, or 4.52 points, to finish at 272.26. UnitedHealth Group, Inc. (NYSE:UNH) closed at 538.85, down 1.28 percent, or 7.01 points, while McDonald's Corporation (NYSE:MCD) closed at 272.28 down 0.85 percent, or 2.34 points.


Moderna Inc (NASDAQ:MRNA) rose 19.63% to close at 197.53, Halliburton Company (NYSE:HAL) rose 7.89% to 37.01, and Match Group Inc (NASDAQ:MTCH) rose 7.67% to 46.73.


In late trading, United Airlines Holdings Inc (NASDAQ:UAL) was down 6.94% to 41.17, Trimble Inc (NASDAQ:TRMB) was down 6.38% to 55.03, and American Airlines Group (NASDAQ:AAL) was down 5.20% to 13.25.


OpGen Inc (NASDAQ:OPGN) climbed 84.80% to $0.23, Vincerx Pharma Inc (NASDAQ:VINC) climbed 60.93% to $1.08, and Netcapital Inc (NASDAQ:NCPL) climbed 58.84% to $2.


Quotient Ltd (NASDAQ:QTNT) was down 50.01 percent to 0.34 in late trading, followed by Argo Blockchain PLC ADR (NASDAQ:ARBK), which was down 37.21 percent to 0.43, and Harpoon Therapeutics Inc (NASDAQ:HARP), which was down 36.87 percent to 0.89.


On the New York Stock Exchange, rising stocks outnumbered declining ones by a ratio of 2,164 to 931, with 112 ending unchanged; on the Nasdaq Stock Exchange, rising stocks outnumbered declining ones by a ratio of 2,099 to 1,650, with 171 ending unchanged.


Merck & Company Inc (NYSE:MRK) shares rose 1.78 percent, or 1.94 dollars, to 110.91 dollars, a record high. Quotient Ltd (NASDAQ:QTNT) shares dropped 50.01 percent, or $0.34, to an all-time low of $0.34. Argo Blockchain PLC ADR (NASDAQ:ARBK) shares fell 37.21 percent, or 0.26 points, to an all-time low of $0.43.


As measured by the CBOE Volatility Index, the implied volatility of S&P 500 options decreased by 9.80% to 22.55.


Futures on gold for delivery in February rose 29.60 cents, or 1.65%, to $1,821.90 per troy ounce. The price of crude oil for January delivery increased 2.99%, or $2.19, to $75.36 per barrel, while the price of Brent oil for February delivery increased 3.35 percent, or $2.61, to $80.61 per barrel.


EUR/USD climbed 0.88 percent to 1.06, whereas USD/JPY fell 1.48 percent to 135.63.


Futures on the US Dollar Index fell 1.09 percent to 103.62.