Beware of fraudulent websites impersonating us. Verify website URLs and legal entity details. Avoid unsolicited emails and report suspicious activity.
Your safety is paramount. Thank you for your attention and cooperation. See more details​


Today’s Announcements & News


South Korean stocks declined by 2%, leading losses in the broader Asia-Pacific region. This drop followed the release of trade data from China and a rate hike by the Reserve Bank of Australia. South Korea’s Kospi fell to 2,443.96, reversing some of the gains from the previous session. Japan’s Nikkei 225 slipped 1.34% to close at 32,271.82. Australia’s S&P/ASX 200 was 0.29% lower following the Australian central bank’s rate increase to 4.35%. Hong Kong’s Hang Seng index fell 1.53% in the final hour of trading, and China’s CSI 300 closed 0.35% lower. In the U.S., the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average recorded modest gains.


The S&P 500 extended its winning streak on Tuesday, marking its longest run of consecutive gains in about two years, as Wall Street aimed to continue November’s rally. The S&P rose 0.4%, notching a seven-day winning streak, the longest since November 2021. The Dow Jones Industrial Average gained 58 points (0.2%), and the Nasdaq Composite outperformed with a 1.1% increase. Technology stocks saw gains as Treasury yields decreased, with the 10-year Treasury yield dropping by about 9 basis points to 4.573%. Companies like Microsoft, Apple, and Amazon all saw increases of at least 1%. Semiconductor stocks like Advanced Micro Devices, Broadcom, and Intel rose by around 2% in anticipation of funding from the Chips Act.


U.S. crude oil prices fell to their lowest level since July, dropping below $78 a barrel on Tuesday. This decline was primarily due to weak global economic data, which overshadowed concerns about the potential escalation of the Israel-Hamas conflict into a broader regional crisis.

West Texas Intermediate crude oil was down by $2.98, or 3.58%, closing at $77.93 per barrel. Brent crude, an international benchmark, also fell by $3.00, or 3.52%, to reach $82.18 per barrel. Both of these price points were the lowest they had been since July.

Simultaneously, gold prices hit a two-week low as the safe-haven demand sparked by tensions in the Middle East waned. The market’s attention shifted towards cues on interest rates from Federal Reserve officials. In addition, palladium prices dropped to a five-year low.

Spot gold experienced a 0.75% decrease, reaching $1,962.771 per ounce, while U.S. gold futures saw a 0.97% drop, closing at $1,969.40 per ounce. Silver prices also fell by 2.38%, reaching $22.482 per ounce.

The above analysis is only for the views of market researchers and is for reference only and is not regarded as a specific investment suggestion.

FPG Live Support

Welcome to FortunePrime Live Support.
Please select how you would like to be contacted.

WeChat: FPG_01

Please add the WeChat FPG_01, or scan the QR code.

WeChat: FPG_01

Please add the WeChat FPG_01, or scan the QR code.

WeChat: FPG_01

Please add the WeChat FPG_01, or scan the QR code.