Judiciary Committee of the U.S. House of Representatives: A great deal of evidence has been found that "the financial industry implements conspiracy and antitrust behavior in order to impose extreme ESG targets on American companies".Dennis Shen, an economist at Scope Ratings: The reasons for the Fed to cut interest rates further after December are obviously reduced. Inflation is still sticky, the economic and financial markets are overheated, and the slight increase in unemployment rate earlier this year has been reversed. The Trump administration may bring more inflation risks in the short term.Japanese yen moves towards the longest losing streak since June. Traders bet that the Bank of Japan will stay put and the yen will move towards the longest losing streak against the US dollar since June. Traders bet that the Bank of Japan will not raise interest rates next week. The yen continued to fall on Friday, falling 0.7% against the US dollar to 153.72 yen, the lowest level since November 26th. The yen has fallen for the fifth day in a row, and is heading for the worst weekly performance in more than two months. Earlier this week, it was reported that the Bank of Japan thought that it would not pay a huge price to wait until January or later, because there were signs that there was little risk that inflation might exceed the target. It is reported that officials are still open to taking action next week, depending on data and market trends.
US stocks fell, with the S&P 500, Nasdaq and Dow Jones all down 0.1%.Twenty-three domestic enterprises in the field of solid-state battery manufacturing have received 73 rounds of financing. According to incomplete statistics, up to now, 23 domestic enterprises in the field of solid-state battery manufacturing (including solid-state batteries, solid-state electrolytes, cathode materials, etc.) have received 73 rounds of financing. It is estimated that the number and amount of financing projects in the solid-state battery industry chain in 2024 are expected to exceed 2023 and reach a new high. Specifically, Qingtao Energy received 10 rounds of financing, Beijing Weilan New Energy Technology Co., Ltd. received 8 rounds of financing, Xinjie Energy Technology (Jiangsu) Co., Ltd., Tailan New Energy and Shenzhen Suolide New Materials Technology Co., Ltd. received 7 rounds of financing, ranking high.London cocoa futures rose more than 4% to 8516 pounds a ton.
WTI crude oil rose 1.5% in the day to 70.71 USD/barrel.Reuters survey: All 25 analysts expect the Colombian central bank to cut the benchmark interest rate by 50 basis points to 9.25%.NVIDIA position stock SoundHound AI soared nearly 16% in intraday trading, and has risen over 650% year-to-date, far exceeding NVIDIA's growth rate.