Di Yi Cai Jing Zi Xun·2026-01-03 01:38Market Overview - US stock market showed mixed results on the first trading day of 2026, with the Dow Jones Industrial Average rising by 319.10 points (0.66%) to close at 48,382.39, while the Nasdaq Composite fell by 6.36 points (0.03%) to 23,235.63, and the S&P 500 increased by 12.97 points (0.19%) to 6,858.47, breaking a three-year trend of declines on the first trading day of the year [2] Technology Sector Performance - The technology sector remained a key driver of market fluctuations, although overall trading volume was relatively light due to the holiday-shortened week [2] - Chip stocks performed strongly, with the Philadelphia Semiconductor Index rising by 4%, driven by an upward revision in storage chip demand forecasts. Micron Technology surged by 10.52%, leading the chip sector, while ASML and AMD also saw significant gains [3] - Nvidia's CEO reported a notable increase in computing demand over the past six months, contributing to the positive sentiment in the tech sector [3] Future Market Predictions - Jay Hatfield, CEO of Infrastructure Capital Advisors, anticipates a continued rotation between technology and non-technology sectors, with a moderate upward trend overall. He projects the S&P 500 could reach 8,000 points by the end of the year, with regional banks potentially outperforming while overvalued tech stocks may lag [4] Electric Vehicle Market Insights - Tesla's stock fell by 2.59% after announcing a projected annual delivery of 1.64 million vehicles for 2025, a 9% year-over-year decline. The fourth-quarter delivery of 418,200 vehicles was below analysts' expectations, indicating weak market demand [4] - Factors contributing to Tesla's challenges include consumer dissatisfaction with Elon Musk's political stance, the expiration of US electric vehicle tax incentives, and increased competition in overseas markets [5] Chinese Stocks Performance - Chinese stocks saw significant gains, with the Nasdaq Golden Dragon China Index rising by 4.38%. Baidu led the charge with a 15.03% increase following its announcement to spin off its AI chip company Kunlun and plan for a Hong Kong listing [6] - Other notable Chinese stocks included Tiger Brokers (+9.21%), Futu Holdings (+8.68%), and Bilibili (+7.24%), reflecting strong investor interest in Chinese AI and semiconductor stocks [6] Commodity Market Trends - Gold prices continued to show strength, with spot gold rising by 0.20% to $4,327.96 per ounce, supported by geopolitical uncertainties and expectations of a weaker dollar [6] - International oil prices experienced slight declines, with WTI crude oil futures dropping by 0.2% to $57.32 per barrel, amid ongoing concerns about oversupply [6]