Sou Hu Cai Jing·2025-12-18 01:54Market Overview - On December 17, US stock indices collectively declined, with the Dow Jones down 0.47%, the Nasdaq falling 1.81% (down 418.14 points), and the S&P 500 decreasing by 1.16% [1] - Major tech stocks experienced significant drops, including Tesla and Broadcom down over 4%, Google down over 3%, and Meta and Apple down over 1% [1] - Energy and precious metals sectors saw gains, with ConocoPhillips up over 4% and ExxonMobil and BP up over 2% [1] Company-Specific Developments - Oracle's stock fell over 5% after facing a setback in its ambitious AI infrastructure expansion plan, as its largest data center partner, Blue Owl Capital, decided to withdraw support for a $10 billion data center project. However, Oracle stated that negotiations for the project are still proceeding as planned [1] - Nvidia's stock price dropped to $170.94, resulting in a market value loss of $164.8 billion (approximately 1160.8 billion RMB) [3] IPO Activity - Medline Inc. (MDLN) had a successful IPO, rising 41.38% on its first day to $41, after pricing at $29, raising $6.26 billion [5] Geopolitical Impact on Commodities - The geopolitical situation surrounding Venezuela is affecting oil storage capacity, with reports indicating that the country may be forced to shut down some oil wells if storage limits are reached. This has implications for global oil supply and prices [10] - Precious metals prices are rising due to ongoing geopolitical risks and strong demand, with WTI crude oil futures increasing by 3% to $56.8 per barrel and spot gold rising by 0.88% to $4,339.94 per ounce [7][10] Federal Reserve Insights - Federal Reserve official Christopher Waller indicated a moderate approach to interest rate cuts, suggesting that there is still room for reduction given the current economic outlook. He expressed confidence that inflation rates will decline in the coming months [13][14]