Dow opened up 0.2%, S&P 500 rose 0.5%, Nasdaq rose 0.7%, Macy's fell 10.8%, and lowered its profit forecast for fiscal year. Walgreen fell 3.5%, or "sold herself" to private equity firm Sycamore. Broadcom rose 4.4% and cooperated with Apple to develop AI chips. The number of houses fell by 8.1%, and it is planned to raise $7 million through additional issuance.Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.The Nasdaq 100 index rose to 1.2%, and the S&P 500 index rose 0.6%.
Traders have increased their bets on the ECB's interest rate cut, and it is now expected that the ECB will cut interest rates by 158 basis points in 2025.Russian President Vladimir Putin: External sanctions are pushing Russia to develop artificial intelligence solutions.Canada's 10-year bond yield recovered its early decline, rising by 1.1 basis points to 3.030%.
Kirin Xin 'an launched a new generation of cloud desktop solution supporting Xinchuang PC. On December 11th, at the Second National Conference on the Integration Ecology of New Generation Independent Security Computing System Industry Cluster, Kirin Xin 'an released a new generation of cloud desktop solution supporting Xinchuang PC, which was the first release of domestic PC cloud management based on the international TCI architecture, and was perfectly adapted to the Galaxy Kirin desktop operating system and the Great Wall domestic PC machine, forming an efficient operation and maintenance office solution for Hunan government affairs Xinchuang. (China Securities Network)Jiangling motors and Autoliv signed a strategic cooperation agreement. On December 11th, jiangling motors and Autoliv signed a strategic cooperation agreement in Nanchang, aiming at establishing a long-term and stable strategic partnership, and jointly laying out the global automobile industry field through a series of cooperation measures such as resource integration, technology sharing and sharing.The Nasdaq 100 index rose to 1.2%, and the S&P 500 index rose 0.6%.