Yesterday, the US stock market experienced another typical choppy session. The three major indexes moved indecisively—S&P 500 barely closed in the green, up 0.11% at 6,857 points; the Dow dipped 0.07% to 47,850 points; the Nasdaq was a bit stronger, rising 0.22% to 23,505 points. VIXY fell 0.89%, closing at 30.16.
Tech stocks showed significant divergence. Meta led the gains, soaring 3.43%; Nvidia and Tesla also performed well, up 2.16% and 1.73% respectively; Microsoft inched up 0.65%. However, Google A dropped 0.63%, and Apple and Amazon fared worse, down 1.29% and 1.41% respectively. Among software stocks, Oracle’s 3.18% gain stood out, Adobe rose 0.6%, Broadcom and Qualcomm were basically flat, and Netflix slipped 0.71%.
On the Chinese concept stock side, the Nasdaq Golden Dragon China Index rose 0.39% to close at 7,731 points. The new energy vehicle sector was quite active—Canadian Solar surged 5.8%, NIO gained 5%, XPeng rose 3.5%, and EHang Holdings was also up over 4%.
The cryptocurrency market had a rougher time, weakening again. Bitcoin briefly fell below the $91,000 mark, and Ethereum was hit harder, retracing more than 5% from its intraday high.
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GamefiGreenie
· 12-05 03:56
The US stock market is so volatile... S&P 500 only rose 0.11%. Isn't this just a joke?
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Meta is carrying the whole market alone, the other tech stocks are really underperforming.
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Another crash day for crypto. Even Bitcoin can't hold 91k. People who bought this dip must be hurting.
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New energy vehicles are actually rising faster than the main market? Nio and XPeng are making a comeback.
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Even Apple and Amazon have their down days. Now that's what real divergence looks like.
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Crypto got wrecked again. Luckily, I didn't go all in this time.
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VIXY drops 0.89% and still makes the news? Mainland A-share investors must be so envious.
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Oracle suddenly took off—who could've predicted that?
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Ethereum pulls back 5%—damn, is it about to break through the bottom?
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Apple and Google are both down, only Meta is surging 3.43%. Is this what they call AI reshaping the market?
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BearMarketHustler
· 12-05 03:46
The recent US stock market trend is really awkward—the indexes are barely moving up or down by even 1%. It feels like everyone's just going through the motions. But looking at Meta and Nvidia's performance, there are still opportunities among tech stocks.
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Crypto is really underperforming. Even Bitcoin breaking 90,000 couldn't hold up, and Ethereum is plunging even more. My short positions are finally showing some promise.
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The new energy vehicle sector is on fire—NIO and XPeng are both soaring. Is it story time again, or is there real fundamental support this time?
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Both Apple and Amazon are down. Is this a signal of something? Is it a turning point for the big tech stocks?
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With VIXY dropping this much, is market sentiment really improving or are people just numb? Should I increase my positions or keep waiting and watching?
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Meta surged 3.43% on its own, while other tech stocks couldn't keep up. This divergence is honestly kind of wild.
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Chinese stocks are still rising. Is the Golden Dragon Index making a comeback, or is this just a dead cat bounce?
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Microsoft only rose 0.65%. This kind of performance is really disappointing compared to usual.
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Bitcoin dropped below 91,000. I feel like the next key support level is coming up. Do you all have your funds ready to buy the dip?
View OriginalReply0
ApyWhisperer
· 12-05 03:43
Meta's recent surge is incredible, finally showing some signs of life. But BTC dropping below 91k still feels a bit tough; the market rhythm is a bit strange.
Yesterday, the US stock market experienced another typical choppy session. The three major indexes moved indecisively—S&P 500 barely closed in the green, up 0.11% at 6,857 points; the Dow dipped 0.07% to 47,850 points; the Nasdaq was a bit stronger, rising 0.22% to 23,505 points. VIXY fell 0.89%, closing at 30.16.
Tech stocks showed significant divergence. Meta led the gains, soaring 3.43%; Nvidia and Tesla also performed well, up 2.16% and 1.73% respectively; Microsoft inched up 0.65%. However, Google A dropped 0.63%, and Apple and Amazon fared worse, down 1.29% and 1.41% respectively. Among software stocks, Oracle’s 3.18% gain stood out, Adobe rose 0.6%, Broadcom and Qualcomm were basically flat, and Netflix slipped 0.71%.
On the Chinese concept stock side, the Nasdaq Golden Dragon China Index rose 0.39% to close at 7,731 points. The new energy vehicle sector was quite active—Canadian Solar surged 5.8%, NIO gained 5%, XPeng rose 3.5%, and EHang Holdings was also up over 4%.
The cryptocurrency market had a rougher time, weakening again. Bitcoin briefly fell below the $91,000 mark, and Ethereum was hit harder, retracing more than 5% from its intraday high.