2 1 Shi Ji Jing Ji Bao Dao·2025-12-22 23:32Market Performance - US stock market opened higher and closed with gains, with all three major indices rising for three consecutive days. The S&P 500 index increased by 0.64%, the Nasdaq by 0.52%, and the Dow Jones by 0.47% [1] - The Dow Jones closed at 48,362.68, the Nasdaq at 23,428.83, and the S&P 500 at 6,878.49 [2] Sector Performance - Large technology stocks showed mixed results, with the Tech Giants Index rising by 0.41%. Notable gains included Tesla and Nvidia, both up over 1%, while Apple fell by more than 1% [2] - Chip stocks mostly rose, with Micron Technology up over 4% and Microchip Technology up over 2%. Intel, however, fell by over 1% [3] - Bank stocks saw a broad increase, with JPMorgan Chase rising nearly 2%, Goldman Sachs up 0.6%, and Citigroup up over 2%, reaching a 17-year high [3] Chinese Stocks - The Nasdaq China Golden Dragon Index rose by 0.58%, marking three consecutive days of gains. Notable performers included Canadian Solar up nearly 11% and iQIYI, Qifu Technology, and Trip.com all up over 2% [5] - Analysts from Goldman Sachs predict a 14% growth in Chinese corporate earnings by 2026 and a 12% growth in 2027, which may boost the performance of Chinese stocks [5] Commodity Market - International oil prices saw an increase, with light crude oil futures for February 2026 rising by 2.64% to $58.01 per barrel, and Brent crude oil futures up 2.65% to $62.07 per barrel [5] - Precious metals experienced significant gains, with spot gold reaching a historical high of $4,449.18 per ounce, and COMEX gold futures rising by 2.16% to $4,482.30 per ounce [6] - The gold market has seen a surge of over 60% this year, while silver prices have increased by over 130% [6] - Analysts from Goldman Sachs expect gold prices to rise further, with a baseline scenario of $4,900 per ounce next year, indicating a bullish outlook for the precious metals market [6]