Zhi Tong Cai Jing·2026-01-15 22:35Market Overview - Major indices closed higher, with the Dow Jones up 292.81 points (0.6%) at 49442.44, Nasdaq up 58.27 points (0.25%) at 23530.02, and S&P 500 up 17.87 points (0.26%) at 6944.47, led by gains in the chip and banking sectors following TSMC's earnings report [1] - European markets showed mixed results, with Germany's DAX30 up 46.15 points (0.18%) at 25361.02, UK's FTSE 100 up 50.11 points (0.49%) at 10234.46, while France's CAC40 down 17.85 points (0.21%) at 8313.12 [2] Cryptocurrency - Bitcoin fell over 1.4% to $95,563, while Ethereum dropped over 1.6% to $3,298.18 [3] Commodities - Spot gold decreased by 0.22% to $4,615.72, and silver saw a significant drop of 7.3% before closing at $92.428 [4] - Oil prices fell more than 4%, with Brent crude down $2.76 (4.15%) to $63.76 per barrel, and WTI down $2.83 (4.56%) to $59.19 per barrel [5] Macro News - Mortgage rates fell to a three-year low at 6.06%, down from 6.16%, following a $200 billion bond purchase plan by the Trump administration aimed at improving housing affordability [6] - Federal Reserve's Schmied emphasized maintaining restrictive rates to further cool inflation, indicating that rate cuts may not effectively address structural labor market issues [7][8] Company News - Goldman Sachs and Morgan Stanley reported record revenues in their stock trading divisions, with Goldman achieving $16.5 billion, a $3 billion increase from 2024, and Morgan Stanley's stock business growing 28% to $15.6 billion [9] - Coterra Energy is exploring a merger with Devon Energy, which could be one of the largest oil and gas deals in years, with discussions currently ongoing [9] Analyst Ratings - Citigroup raised Micron Technology's target price from $330 to $385 while maintaining a buy rating, and lowered Ideal Automotive's target price from $20.2 to $18.5, keeping a neutral rating [9]