The U.S. stocks closed relatively flat on Thursday, with NVIDIA marking a new all-time high for the fourth consecutive trading day.  

The December Consumer Price Index (CPI) in the U.S. surpassed expectations, reducing the likelihood of an early interest rate cut by the Federal Reserve in March.  

A Federal Reserve official expressed willingness to consider lowering interest rates under the condition that inflation falls back to 2%.  

The market is now gearing up for the fourth-quarter earnings reports. 

NVIDIA reached a historic high for the fourth consecutive trading day, breaking through $550 during the session.  

On Thursday, the U.S. Department of Commerce reported a 0.3% month-over-month increase in the U.S. Consumer Price Index (CPI) for December.  

The year-over-year increase of 3.4% marked the largest surge in three months, surpassing market expectations. 

According to the U.S. Department of Labor, the number of initial jobless claims in the week ending January 6th was 202,000, slightly below the expected 210,000 and unchanged from the previous week.  

These data indicate ongoing inflationary pressures and a tight labor market, raising concerns that the Federal Reserve might maintain higher interest rates for a longer duration. 

The U.S. stocks closed relatively flat on Thursday, with NVIDIA marking a new all-time high for the fourth consecutive trading day.  

The December Consumer Price Index (CPI) in the U.S. surpassed expectations, reducing the likelihood of an early interest rate cut by the Federal Reserve in March.  

A Federal Reserve official expressed willingness to consider lowering interest rates under the condition that inflation falls back to 2%.  

The market is now gearing up for the fourth-quarter earnings reports. 

NVIDIA reached a historic high for the fourth consecutive trading day, breaking through $550 during the session.  

On Thursday, the U.S. Department of Commerce reported a 0.3% month-over-month increase in the U.S. Consumer Price Index (CPI) for December.  

The year-over-year increase of 3.4% marked the largest surge in three months, surpassing market expectations. 

According to the U.S. Department of Labor, the number of initial jobless claims in the week ending January 6th was 202,000, slightly below the expected 210,000 and unchanged from the previous week.  

These data indicate ongoing inflationary pressures and a tight labor market, raising concerns that the Federal Reserve might maintain higher interest rates for a longer duration. 

U.S. Stocks

Fundamental Analysis: 

Most large-cap tech stocks experienced gains, with Netflix rising nearly 3%, NVIDIA up almost 1%, setting a new record high for four consecutive days, and Microsoft making a modest gain.  

Tesla fell nearly 3%, while ARM and Applied Materials semiconductor declined over 1%, and Apple saw a slight decrease.  

The cybersecurity and airline sectors rose, with American Airlines, JetBlue Airways, FUTU Holdings, and CyberArk gaining over 1%.  

Precious metals, solar energy, and department store sectors declined, with SunPower dropping nearly 8%, Kohl’s down almost 4%, and MAG Silver falling over 3%. 

Many popular Chinese concept stocks witnessed gains, with the Nasdaq Golden Dragon China Index rising by 1.05%.  

Tencent Music surged over 4%, Manbang Group rose over 3%, and Ideanomics gained over 2%.  

iQiyi, NetEase, Pinduoduo, Alibaba, Bilibili, and Baidu all saw gains exceeding 1%, while Futu Holdings, JD.com, and Vipshop Holdings made minor gains.  

Weibo fell over 4%, XPeng Motors declined over 1%, and NIO experienced a slight decrease. 

Technical Analysis:   

(S&P 500 Index, 1-day chart) 

Market Trends: 

• Dow Jones increased by 15.29 points, a 0.04% rise, closing at 37,711.02 points. 
• Nasdaq rose by 0.54 points, a 0.0036% increase, closing at 14,970.18 points. 
• S&P 500 Index fell by 3.21 points, a 0.07% decrease, closing at 4,780.24 points. 

Hong Kong Stock Market

Fundamental Analysis: 

In the Hong Kong stock market, the three major indices initially surged but later retreated.  

Notably, core technology stocks exhibited mixed movements, with Meituan and Tencent rising over 1%, Xiaomi falling nearly 2%, and JD.com and Kuaishou dropping around 1%.  

New forces in the electric vehicle industry experienced a collective downturn, with XPeng falling nearly 5%.  

Coal stocks led the gains, with Nan Gobi rising over 14%, and the entertainment sector was active, with China Literature Group surging over 7%.  

In the biopharmaceutical sector, companies collectively experienced a pullback, with Junshi Biosciences falling over 5%.  

Infrastructure stocks generally rose, with Times Electric rising nearly 4%. 

The entertainment sector remained active, with China Literature Group surging over 7%.  

Yesterday morning, Jia Ling released the schedule poster for her new film “Hot and Spicy,” officially announcing its release date.  

This news triggered trending topics such as “Jia Ling loses 100 pounds,” “Hot and Spicy release date,” and others.  

Notably, the production companies behind this highly anticipated film, “Hot and Spicy,” include Tianjin Yuewen Film & TV Culture Media Co., Ltd. and Yuewen Group’s subsidiary New Classics Media Group Co., Ltd. 

Technical Analysis:  

(Hang Seng Index, 1-day chart) 

Market Trends: 

• Hang Seng Index (HSI) rose by 0.03%, closing at 16,307.10 points. 
• Hang Seng Tech Index (HSTECH) fell by 0.31%, closing at 3,492.33 points. 
• Hang Seng China Enterprises Index (HSCEI.) increased by 0.26%, closing at 5,508.63 points. 

FTSE China A50 Index

Fundamental Analysis: 

A-shares’ three major indices opened slightly lower, with the market fluctuating upward during the first hour of trading.  

The indices gradually turned positive, with the Shanghai Composite Index briefly surpassing 2,900 points.  

However, A-shares gradually fell, with the Shenzhen Component and ChiNext Index turning negative.  

Additionally, the BeiGene 50 Index experienced a midday plunge, falling over 3%. 

In terms of industry sectors, photovoltaic equipment, shipping ports, environmental protection, precious metals, glass fiber, and the power industry show leading gains.  

Conversely, software development, gaming, internet services, consumer electronics, computer equipment, and electronic components are among the sectors experiencing significant declines. 

Technical Analysis: 

(SSE Composite Index, 1-day chart) 

Market Trends: 

• Shanghai Composite Index (SHCOMP) rose by 0.01%, closing at 2,886.87 points. 
• Shenzhen Component Index (SZCOMP) fell by 0.34%, closing at 9,023.42 points. 
• ChiNext Index (CHINEXT) declined by 0.58%, closing at 1,766.92 points. 
• SSE STAR Market 50 Index (SSE50) dropped by 1.07%, closing at 781.41 points. 

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