2 1 Shi Ji Jing Ji Bao Dao·2025-12-05 15:40Market Performance - The three major U.S. stock indices opened slightly higher, with the Dow Jones up 0.49%, S&P 500 up 0.51%, and Nasdaq up 0.65% [1] - The Nasdaq China Golden Dragon Index increased by 1.5% [1] Individual Stock Movements - Netflix's stock initially dropped by 4.4% but later turned positive after announcing a deal to acquire Warner Bros. Discovery's film studio and streaming business for $27.75 per share, valuing the company at approximately $82.7 billion [2] - In the tech sector, Facebook and Google saw gains of over 1%, while Apple and Nvidia experienced declines [3] Chinese Stocks - Chinese tech stocks showed strong performance, with Baidu rising nearly 5%, Dingdong Maicai surging over 11%, Huya up 8%, and New Oriental and Zhihu both increasing by over 3% [3] Commodity Prices - Precious metals saw significant increases, with gold rising by 0.72% to nearly $4,240 per ounce and silver increasing by over 2.5% [5] - Copper prices surged by 2% to $11,679.5 per ton, driven by strong demand in the renewable energy and AI sectors [7] Cryptocurrency Market - Bitcoin fell below $90,000, dropping over 2% to a low of $89,953.38, while Ethereum and Solana also experienced declines [5][8] - Over 110,000 traders faced liquidation in the past 24 hours, totaling approximately $365 million [5] Economic Indicators - The U.S. core PCE price index for September unexpectedly fell to 2.8%, below the expected 2.9%, marking a three-month low [9] - Market expectations indicate a high probability of a 25 basis point rate cut by the Federal Reserve in the upcoming meeting [9]