Apple(US:AAPL) Zhong Guo Ji Jin Bao·2026-01-17 00:50Market Performance - On January 16, US stock markets experienced a slight decline, with the Dow Jones down by 0.17%, S&P 500 down by 0.06%, and Nasdaq down by 0.06% [2] - The large-cap technology stocks showed mixed performance, with the US Tech Giants Index down by 0.3% [2] - Notable individual stock movements included Microsoft and Amazon rising, while Apple fell over 1% [2] Semiconductor Sector - The Philadelphia Semiconductor Index rose by 1.15%, with Micron Technology increasing by over 7% and Broadcom, Lam Research, and Applied Materials rising by more than 2% [4] - Intel saw a decline of over 2%, and Qualcomm dropped by more than 1% [4] Chinese Stocks - The Nasdaq Golden Dragon China Index fell by 1.15%, with Alibaba dropping over 3% and JD.com, ZTO Express, and Li Auto declining by more than 1% [4][6] - Conversely, Netease and Baidu saw slight increases [4][6] Apple Inc. Developments - Apple adjusted its trade-in values for devices, including support for Huawei and other Android models, with the iPhone 16 Pro Max having a maximum trade-in value of 5,800 yuan [7] - Analysts anticipate the release of Apple's first foldable phone, the iPhone Fold, in September, alongside the iPhone 18 Pro series [7] Federal Reserve Insights - Federal Reserve officials expressed differing views on monetary policy, with Vice Chair Jefferson indicating that current rates are appropriate, while Governor Bowman emphasized the need for policies to support the job market [8] - Market expectations for a rate cut in January are low, with a 5% probability for a 25 basis point cut and a 95% probability for maintaining current rates [11]