To access more global financial information, please visit the 24/7 real-time financial news feed.
Market US stocks closed higher on Thursday, led by gains in chip and banking stocks. Top 20 US stocks by trading volume on January 16: TSMC's Q4 net profit surged 35% year-on-year to a record high. Popular US-listed Chinese stocks were mixed on January 16; TSMC rose 4.44%, while Tencent Music fell 4.98%. Oil prices fell over 4% on Thursday as the market continued to monitor the situation in Iran. Gold and silver prices declined as Trump temporarily refrained from imposing additional tariffs on critical minerals and investors took profits. Major European stock indices closed collectively higher.
Macro Total cross-border investment inflows into the US expanded to $212.4 billion in November. Inflation concerns persist as multiple Federal Reserve officials hinted at supporting a hold on rates this month. Hassett rebutted external skepticism, claiming he is "tough enough" to persuade Fed officials. Richmond Fed President: Financially strained consumers are limiting corporate pricing power. Fed official Schmid: To curb inflation, policy should maintain a degree of restrictiveness. Fed's Daly: Economic growth forecasts are robust, and the job market is stabilizing. The White House stated that Trump will decide on the Fed Chair nominee within the coming weeks. US Northern Command announced the establishment of "Joint Task Force Gold." A federal court allowed California to use a new congressional map favorable to Democrats in the midterm elections. US mortgage rates fell to their lowest level in over three years. Fed Governor Barr: The DOJ investigation is an "attack" on the central bank's independence. The US sanctioned Iran's Supreme National Security Council secretary and a shadow banking network. Fed's Goolsbee: Reducing inflation is the Fed's primary task. US initial jobless claims fell to 198,000 last week, lower than all expectations.
Corporate Goldman Sachs will raise $16 billion through a bond issuance, setting a record among Wall Street banks. Mission Produce acquires Calavo Growers in a $430 million deal. Wall Street's major banks set a record high for dividends and stock buybacks in 2025. How expensive is it to start a multi-strategy hedge fund? Jain Global's first full year of trading profits were consumed by fees. Goldman Sachs CEO stated the bank is exploring opportunities in prediction markets. Major Wall Street banks collectively reduced headcount by 10,600 last year, the highest level in nearly a decade. Riding the wave of the 2025 trading boom, profits at Goldman Sachs and Morgan Stanley surged significantly. Amid a cooling electric vehicle market, Ford Motor is in talks with BYD regarding battery cooperation for hybrid vehicles.
Commentary US Bond Market: Treasuries fell, influenced by jobless claims data. Crude Oil: Weakening Iran risk premiums dragged oil prices significantly lower. European Bond Market: European bonds were largely flat, with long-term bonds outperforming. Trump called the EU's fines on US tech companies "very unfair." DOJ investigation into Powell raises concerns over Fed independence. Fitch: Damage to Fed independence would have a "negative credit impact" on the US credit rating.
Sina's partnered major futures account opening platform: Secure, fast, and guaranteed.
Massive information, precise interpretation, all in the Sina Finance APP.
Comments