Core Points - On December 3rd, US stock indices closed higher, with the Dow Jones up by 408.44 points (0.86%) at 47,882.90, the Nasdaq up by 40.42 points (0.17%) at 23,454.09, and the S&P 500 up by 20.35 points (0.30%) at 6,849.72 [1] Group 1: Market Performance - The majority of popular Chinese concept stocks declined, with the Nasdaq Golden Dragon China Index falling by 1.38% [1] - Notable declines included NIO and Xpeng Motors, both down over 4%, while Li Auto and New Oriental fell over 3% [1] - Other companies like Bilibili and Miniso dropped over 2%, and Alibaba, Baidu, and Pinduoduo decreased by over 1%, while Century Internet rose by over 1% [1] Group 2: Economic Indicators - The ADP report indicated a surprising decrease of 32,000 jobs in the private sector for November, suggesting a contraction in the labor market [1] - This data has led traders to increase expectations for a Federal Reserve interest rate cut in the upcoming monetary policy meeting [1] - Current market expectations for a rate cut by the Federal Reserve next Wednesday stand at 89%, significantly higher than predictions made in mid-November [1]
美股三大指数集体收涨,美联储降息预期增强
Qi Huo Ri Bao·2025-12-04 03:12