In terms of concept sectors, the aviation ETF rose 1.85%
Posted: Tue Feb 18, 2025 3:56 am
The travel services sector rose 1%, the highend hotel Marriott rose 0.49%, Airbnb rose 1.42%, and Norwegian Cruise Line rose 1.24%. The solar energy sector fell 4.03%. In the fintech sector, PayPal closed up 1.56% and NU fell 0.67%. The cybersecurity sector rose 0.18%, and SQ rose 0.39%.
Chinese stocks were mixed, with KWEB falling 0.03%. TSMC fell 0.47%, Alibaba fell 0.81%, Pinduoduo fell 0.35%, JDom fell 1.45%, Li Auto rose 2.59%, Xpeng rose 1.84%, Futu rose 0.53%, NIO rose 1.85%, Bilibili rose 1.86%, Miniso fell 1.06%, Zeekr rose 0.77%, and Legend Biotech rose 0.15%.
Large technology stocks were mixed. Apple closed up 0.7%. Apple is about to reach an agreement with Indonesia, investing $1 billion in exchange for lifting the sales ban on iPhone 16. Microsoft fell 0.08%, Nvidia germany phone number list rose 1.37%, Amazon rose 1.26%, Google closed down 0.24%, Meta fell 0.27%, Tesla fell 0.9%, Broadcom fell 2.37%, Walmart fell 0.16%, Eli Lilly fell 0.94%, and the U. Food and Drug Administration said Eli Lilly has resolved the shortage of weight loss drugs. PLTR rose 3.78%.
03 Daily Focus
12.20 The Federal Reserve will not reveal which policymakers made which forecasts for the next five years. The latest economic projections showed most Federal Reserve policymakers expect two rate cuts next year, a view consistent with keeping rates steady next month and possibly pausing for longer as policymakers wait for inflation to fall further and assess the impact of new policies. Over time, Fed policymakers could find themselves divided again, especially if the labor market cools faster than inflation. More hawkish voters could increase the risk of dissent, although it might not change policy outcomes. “Ultimately, Powell is likely to have the first and last say on the direction of policy,” said Michael Feroli, chief U. economist at JPMorgan Chase & Co.
Chinese stocks were mixed, with KWEB falling 0.03%. TSMC fell 0.47%, Alibaba fell 0.81%, Pinduoduo fell 0.35%, JDom fell 1.45%, Li Auto rose 2.59%, Xpeng rose 1.84%, Futu rose 0.53%, NIO rose 1.85%, Bilibili rose 1.86%, Miniso fell 1.06%, Zeekr rose 0.77%, and Legend Biotech rose 0.15%.
Large technology stocks were mixed. Apple closed up 0.7%. Apple is about to reach an agreement with Indonesia, investing $1 billion in exchange for lifting the sales ban on iPhone 16. Microsoft fell 0.08%, Nvidia germany phone number list rose 1.37%, Amazon rose 1.26%, Google closed down 0.24%, Meta fell 0.27%, Tesla fell 0.9%, Broadcom fell 2.37%, Walmart fell 0.16%, Eli Lilly fell 0.94%, and the U. Food and Drug Administration said Eli Lilly has resolved the shortage of weight loss drugs. PLTR rose 3.78%.
03 Daily Focus
12.20 The Federal Reserve will not reveal which policymakers made which forecasts for the next five years. The latest economic projections showed most Federal Reserve policymakers expect two rate cuts next year, a view consistent with keeping rates steady next month and possibly pausing for longer as policymakers wait for inflation to fall further and assess the impact of new policies. Over time, Fed policymakers could find themselves divided again, especially if the labor market cools faster than inflation. More hawkish voters could increase the risk of dissent, although it might not change policy outcomes. “Ultimately, Powell is likely to have the first and last say on the direction of policy,” said Michael Feroli, chief U. economist at JPMorgan Chase & Co.