Di Yi Cai Jing Zi Xun·2025-12-17 23:31Market Overview - US stock market experienced a broad decline, with the Dow Jones and S&P 500 indices falling for four consecutive trading days [2] - The Dow dropped by 228.29 points (0.47%) to close at 47,885.97, while the Nasdaq fell by 1.81% to 22,693.32, and the S&P 500 decreased by 1.16% to 6,721.43 [2] - The VIX, a measure of market volatility, surged by 6.9% to 17.62 [2] Technology Sector Performance - Major tech stocks saw significant declines, with Nvidia down 3.8%, Microsoft down 0.1%, Amazon down 0.6%, Apple down 1.0%, Meta down 1.2%, Google down 3.1%, and Tesla down 4.6% [2] - The Philadelphia Semiconductor Index fell by 3.3%, with Broadcom down 4.4% and AMD down 5.3% [3] Oracle's Data Center Investment Concerns - Oracle's stock fell by 5.4% after its largest data center partner, Blue Owl Capital, withdrew funding support for a $10 billion data center project [3] - Oracle's clarification announcement did not alleviate market concerns regarding its investment plans in artificial intelligence [4][5] Broader Economic Indicators - The MBA reported a 3.8% decline in mortgage applications due to rising average interest rates for 30-year mortgages [3] - The market is concerned about the sustainability and return on investment of significant capital expenditures in the artificial intelligence sector [5] Oil and Precious Metals Market - International oil prices rebounded significantly, with WTI crude oil rising by 1.21% to $55.94 per barrel and Brent crude oil increasing by 1.29% to $59.68 per barrel [6] - Precious metals saw gains, with COMEX gold futures up 1.00% to $4,347.50 per ounce and COMEX silver futures rising 5.64% to $66.237 per ounce, both reaching historical closing highs [6]