Nvidia(US:NVDA) Shang Hai Zheng Quan Bao·2026-01-14 02:05Group 1: Market Overview - The three major US stock indices closed lower, with the Dow Jones down 0.80%, the Nasdaq down 0.10%, and the S&P 500 down 0.19% [2][4] - Bank stocks experienced a significant decline, with JPMorgan falling over 4%, Goldman Sachs down more than 1%, and Bank of America down over 1% [4] Group 2: Economic Indicators - The US Consumer Price Index (CPI) for December showed a year-on-year increase of 2.7%, aligning with market expectations, while the core CPI rose by 2.6%, slightly below expectations [5][6] - Analysts suggest that the stable inflation data may allow the Federal Reserve to adopt a more moderate stance, although a rate cut in January is not guaranteed [5][6] Group 3: Corporate Earnings - JPMorgan reported adjusted revenue of $46.77 billion for Q4 2025, a year-on-year increase of approximately 7%, but net profit decreased by 7% to $13 billion due to one-time credit provisions [4] - Excluding factors related to the Apple credit card portfolio, JPMorgan's net profit could reach $14.7 billion, indicating robust core business growth [4] Group 4: Global Central Bank Support - Central banks from multiple countries issued a rare joint statement supporting the independence of the Federal Reserve and its Chairman Jerome Powell, emphasizing the importance of maintaining this independence [6] Group 5: Geopolitical Developments - President Trump announced the cancellation of all talks with Iranian officials, coinciding with a security warning from the US State Department urging citizens to leave Iran immediately [7][8]