Hot spot tracking

  • Trump: May reduce tariffs on some overpriced goods; immediate rate cuts are the "touchstone" for selecting the new Fed chair. This news is bearish for the US dollar and bullish for US stocks.
  • U.S. job openings rose to a five-month high in October, but hiring remained sluggish. This news is negative for the U.S. economy and U.S. stocks.
  • It is reported that SpaceX plans to conduct an IPO with a valuation of $1.5 trillion, which is expected to become the largest IPO in history. This news is favorable for Tesla.

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