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US stocks up: Dow Jones hits new historical highs, blockchain concept stocks strengthen

守遍丝
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On Wednesday Eastern Time, the three major US stock indexes closed slightly higher. As of the close, the Dow Jones Industrial Average rose 0.30%, the Nasdaq rose 0.16%, and the S&P 500 index rose 0.14%. Large tech stocks have fluctuated, with Tesla up more than 1%, while Nvidia, Apple, Netflix, and Meta have slightly increased; Microsoft, Google, and Amazon saw a slight decline. Arm (ARM), a chip software design company under SoftBank, rose 1.14% to $74.25, hitting a new closing high for the fourth consecutive trading day.
Blockchain concept stocks have strengthened, with EsoAis up nearly 20%, Bitcoin up over 18%, Marathon Digital and Ninth City up over 15%, Coinbase and Riot Platforms up over 7%, and Jianan Technology up over 5%.
Popular Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index rising 0.02%. Ideal Automobile rose more than 3%, Man Bang rose more than 2%, Vipshop rose more than 1%, and iQiyi, Weibo, JD.com, Alibaba, and Futu Holdings rose slightly. NetEase fell nearly 5%, while Xiaopeng Motors and NIO fell over 2%. Bilibili, Pinduoduo, Tencent Music, and Baidu saw a slight decline.
Global News

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As 2023 draws to a close, Wall Street analysts are starting to look ahead to 2024. They generally have optimistic expectations for the performance of the US stock market next year and are optimistic that the S&P 500 index will continue to rise. However, some analysts have pointed out that the return on US bonds may be higher next year.
Is there more hawks or pigeons in the Federal Reserve's vote committee in 2024?
Entering the year of interest rate cuts, such a "hawk pigeon combination" may make the Federal Reserve more adept.
From Black Friday to Christmas! Latest Transcript of US Holiday Shopping Season: Sales Growth Less than Half of Last Year
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Company News
Nvidia grabs HBM products in short supply, with less than 20 related concept stocks (list)
According to media reports, Nvidia has made hundreds of millions of dollars in advance payments to SK Hynix and Micron, equivalent to confirmed supply contracts, in order to ensure stable supply of high bandwidth memory (HBM memory). Samsung Electronics has recently completed product testing and signed an HBM product supply agreement with Nvidia.
Finger at Apple, Google! Japan plans to introduce regulations to crack down on technology giants' monopolies
According to Nikkei News, Japan is also preparing to introduce regulations requiring technology giants such as Apple and Google to allow external app stores to make payments on their mobile operating systems, in order to curb the abuse of their dominant position in the Japanese market.
Tesla sets a new record for annual delivery volume, but may struggle to achieve Musk's goal
2023 is coming to an end, and industry leader Tesla is expected to set a new record for annual delivery of electric vehicles, but there is still some way to go before Musk's goal of 2 million vehicles.
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