On Thursday, US time, affected by the latest released PPI data, the market's expectations for the Fed to raise interest rates in advance heated up, and the three major US stock indexes all fell on the day, of which the S&P 500 index fell 1.42%, the Dow fell 0.49%, and the NASDAQ ended the previous three consecutive trading days of gains, a sharp decline of 2.51%. Large tech stocks were sold off, and Tesla fell more than 6%, and Musk said that Tesla's entry into the Indian market still faced a lot of challenges on the same day; Nvidia fell more than 5%, and Microsoft fell more than 4%. Popular Chinese stocks also ended the previous rally, collectively falling, Maverick Electric fell nearly 10%, Weilai fell nearly 4%, Xiaopeng Automobile fell nearly 2%.
TSMC's latest financial report exceeded market expectations on the 13th, and its stock price rose by more than 5% on the 13th
The stock price of TSMC, which attracted much attention on the day, rose by more than 5%, and the company announced its financial report on the same day, and the net profit in the fourth quarter of last year reached a record NT$166.232 billion, about $6.011 billion, an increase of 16.4% year-on-year, exceeding market expectations, mainly due to the strong demand for chips. Among them, smartphone chips are still the largest contributors to the company's revenue, accounting for 44% of total revenue. In a conference call on Thursday afternoon, TSMC expects chip production capacity to remain tight this year.
U.S. PPI rose 9.7% year-on-year in December
The U.S. Producer Price Index, or PPI, grew 9.7 percent year-on-year last December, though slightly below market expectations of 9.8 percent, but still hit a new high since comparable data were available in 2010, according to data released Thursday. Excluding the volatile food and energy segments, the core PPI increased 8.3% year-on-year in December. Among them, the PPI of the service industry increased more significantly, and the prices of air passenger services, food retailing and passenger accommodation services all rose. The analysis believes that due to the ravages of the Omikejon strain, many merchants have suspended some services, and the prices of goods and services in the US market will still face upward risks in the next few months.
Fed "second-in-command" candidate: Reducing inflation has become the top priority
On the issue of persistently high inflation, Brainard, fed governor and nominee for fed vice chairman, said Thursday: "Efforts to reduce inflation are the Fed's 'top priority' at the moment. ”
Europe's three major stock markets were mixed
Europe's three major stock markets rose and fell on Thursday, but they were all less volatile, with London in the United Kingdom up 0.16 percent, Paris in France down 0.50 percent and Frankfurt in Germany up 0.13 percent.
Source: CCTV Finance