智通财经网·2025-12-19 23:12Market Performance - The three major U.S. stock indices experienced mixed results this week, with the Dow Jones down 0.67%, the Nasdaq up 0.48%, and the S&P 500 up 0.11% [1] - At market close, the Dow Jones rose by 183.04 points to 48,134.89, the Nasdaq increased by 301.26 points to 23,307.62, and the S&P 500 gained 59.82 points to 6,834.58 [1] - In European markets, the DAX30 index rose by 92.47 points to 24,289.47, the FTSE 100 increased by 57.15 points to 9,894.92, and the CAC40 index saw a slight increase of 0.74 points to 8,151.38 [1] Cryptocurrency and Commodities - Bitcoin surged over 2.9%, surpassing $88,000, while Ethereum rose over 5%, briefly exceeding $3,000 [3] - Spot gold increased by 0.14% to $4,338.48, and spot silver broke the $67 per ounce mark, reaching a new historical record with a daily increase of 2.38% [3] - WTI crude oil for February delivery rose by 0.9% to settle at $56.52 per barrel, while Brent crude for February delivery increased by 1.1% to $60.47 per barrel [3] Economic Indicators - The U.S. consumer confidence index rose slightly by 1.9 points to 52.9, but remains below expectations, indicating ongoing concerns about affordability [4] - Existing home sales in the U.S. saw a modest increase of 0.5% in November, with an annualized sales rate of 4.13 million units [4] Federal Reserve Insights - Federal Reserve Governor Stephen Milan reiterated the need for interest rate cuts to address employment market risks, advocating for a 50 basis point reduction [5] - The Federal Reserve proposed the establishment of a new payment account to facilitate cryptocurrency integration into the payment system [5] Company News - The U.S. Federal Trade Commission approved NVIDIA's $5 billion investment in Intel, which is seen as significant support for the domestic semiconductor industry [6] - Klarna partnered with Coinbase to incorporate stablecoin financing into its funding sources, aiming to diversify its financing options [7] Analyst Ratings - Citigroup downgraded target prices for some cryptocurrency stocks but maintained a positive outlook on the sector, keeping Circle, Bullish, and Coinbase as preferred stocks [8] - Circle Financial's target price remains at $243, despite its current price of $83.60, while Bullish's target price was adjusted from $77 to $67 [8]