2025.12.16 US stock market close
The S&P 500 fell for three consecutive days (-0.24%), the Dow dropped 0.62%, but the Nasdaq rebounded with a 0.23% gain, supported by strong tech stocks! Tesla surged 3.1%, hitting a record high during the session, boosted by progress in Musk's Robotaxi testing.
Meanwhile: U.S. oil prices plummeted nearly 3%, falling below $55 during the session, the lowest since 2021! Oversupply + global demand concerns dragged the energy sector down sharply.
Offshore RMB surged, briefly approaching 7.03-7.05, hitting a 14-month high! The RMB regaining strength amid a weak U.S. dollar.
Short-term market volatility has intensified, with growth stocks (e.g., tech, new energy) showing relative resilience, while cyclical stocks (e.g., energy) are under pressure.
$S&P 500(.SPX.US) $Tesla(TSLA.US)
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