Trump speech "rescue the market" The cause of the Boeing 737 crash is temporarily a mystery <br /> As Trump's moderate attitude toward the US-Iran conflict, market confidence has been boosted again, US stock index futures have risen across the board, and Fed officials will speak intensively.
As of press time, S & P 500 futures rose 0.26% to 3,268.62 points; Dow futures rose 0.28% to 28,851.5 points; Nasdaq 100 index futures rose 0.41% to 8,980.88 points.
On the previous trading day, the three major US indexes closed up collectively, and the Nasdaq hit another record high. The Dow rose 0.56%, the Nasdaq rose 0.67%, and the S & P 500 rose 0.49%. Most large U.S. technology stocks closed up, and Apple and Tesla hit another record high.
Today the Asia-Pacific stock market generally closed up. The Shanghai Composite Index closed up 0.91% to 3,098.88 points; the Hong Kong Hang Seng Index closed up 1.68% to 28561.00 points; the Nikkei 225 Index closed up 2.22% to 23720.50 points; the Australian ASX200 Index closed up 0.83 %, Reported at 6874.20 points.
Company News [The cause of the Boeing 737 crash is temporarily a mystery] Ukraine is investigating various possible causes of the crash of a Ukrainian passenger plane, including possible missile attacks, collisions, engine explosions or terrorism. However, the Iranian crash report stated that the plane's route indicated that it had attempted to return to the sea after a technical problem. Earlier, Ukraine International Airlines held a press conference in Kiev and stated that the cause of the operating errors was basically eliminated.
[HP rejects Xerox takeover offer again] Hewlett-Packard Co. once again rejected Xerox's takeover offer in a short letter on Wednesday, saying the potential deal "seriously underestimates" HP's value. Xerox said on Monday that it had secured $ 24 billion in financing for the acquisition of HP. In November last year, printer giant Xerox offered to buy Hewlett-Packard for cash and stock, but was rejected by Hewlett-Packard. Hewlett-Packard believes that the purchase price offered by Xerox underestimates Hewlett-Packard's valuation, and HP also questions Xerox's growth prospects.
[Eggshell Apartment Update Prospectus Raises Up to $ 201 Million Funding] Eggshell Apartment Update Prospectus Raises Prospectus, Issuing Range Set Between $ 14.50 and $ 16.5 Depositary shares represent 10 Class A ordinary shares. Eggshell Apartments will be listed on the New York Stock Exchange under the ticker symbol "DNK". Based on the upper limit of the IPO issue price range, Eggshell Apartment will raise up to $ 201 million in capital through this IPO. According to this disclosure, in addition to the original lead underwriters Citigroup, Credit Suisse and JP Morgan Chase, Tiger Securities was added as a sub-underwriter.
[US Financial Research and Analysis Center downgrades Tesla rating from hold to sell] The US Financial Research and Analysis Center (CFRA) downgrades Tesla rating from hold to sell. Earlier today, investment bank Baird downgraded Tesla to neutral from outperform, but raised its target price from $ 355 to $ 525. In addition, Tesla's German factory may be postponed because endangered bats need to be transferred.
Data and events worth watching in the US stock market (Beijing time) At 9: 00 on the 9th, Fed Vice President Clarida made a speech on the 9:21:30, the United States to the beginning of the week of January 4, the number of jobless claims on the 9th, 22:30, 2020 FOMC Ticket Committee, Minneapolis Fed Chairman Card Shkali speaks at 23:30 on the 9th from the U.S. to the week of January 3rd. EIA natural gas stocks at 00:30 on the 10th. FOMC permanent ticket committee and New York Fed chairman Williams participate in the panel meeting on "The Future of Inflation Targeting." House to vote after debate on Prime Minister Johnson's Brexit deal bill