Market Overview

▪ On December 16 (December 17 Beijing time), U.S. stocks closed mixed.

▪ The Dow Jones Industrial Average closed at 48,114.26 points, down 0.62%, showing a high-level correction after reaching a historical high last Friday.

▪ The S&P 500 closed at 6,800.26 points, down 0.24%, also in a correction, but overall still within the historical high range.

▪ The Nasdaq closed at 23,111.46 points, up 0.23%, continuing to consolidate since reaching a new high on the 12th, maintaining a strong volatile pattern in the short term.

Sector Performance

▪ The automotive manufacturing sector performed strongly, with overall sentiment driven by Tesla's new high, leading to significant capital inflow. Tesla closed up 3.07%, reaching a historical high, positively impacting the overall sector. Ford Motor Company rose 0.15%, showing relative stability, while General Motors slightly fell 0.27%, but this did not affect the positive atmosphere in the sector.

▪ The semiconductor sector continued to strengthen slightly, with NVIDIA closing up 0.81%, showing active trading, and Broadcom stopping its decline, rising 0.44%, both being core leaders maintaining market heat and capital attention. Micron Technology, however, fell 2.10%, affected by short-term differentiation, indicating structural market conditions within the sector. Overall, capital is more inclined towards leading semiconductor companies and innovation-driven firms.

Macroeconomic Background

▪ As of December 2025, the latest macro data for U.S. stocks showed fluctuations, with initial jobless claims rising to 236,000, indicating certain pressures in the employment market.

▪ The increase in consumer credit fell to $9.18 billion, with credit demand easing, as market capital focuses on employment and consumption-related indicators to assess the likelihood of Federal Reserve policies.

Popular Stocks

▪ AMC Robotics (AMCI.US) closed up 101.51%, with a trading volume of $999 million, driven by strong speculative capital, becoming a hotspot for short-term capital pursuit.

▪ Vision Marine Tech (VMAR.US) closed up 156.77%, with a trading volume of $231 million, ranking among the top gainers in the technology innovation and segmented growth sectors, showing significant capital enthusiasm flowing into highly elastic stocks.

▪ ZAPATA COMPUTING HOLDINGS INC (ZPTAW.US) closed up 100.00%, with a trading volume of $40,200, also stimulated by speculative sentiment and growth expectations.

Top 10 Market Trading Volumes

▪ Tesla (TSLA.US) latest trading price $489.88, up 3.07%, trading volume $51.661 billion

▪ NVIDIA (NVDA.US) latest trading price $177.72, up 0.81%, trading volume $26.278 billion

▪ Broadcom (AVGO.US) latest trading price $341.30, up 0.44%, trading volume $19.802 billion ▪ Apple (AAPL.US) latest transaction price $274.61, increase 0.18%, transaction amount $10.311 billion

▪ Microsoft (MSFT.US) latest transaction price $476.39, increase 0.33%, transaction amount $9.840 billion

▪ Meta (META.US) latest transaction price $657.15, increase 1.49%, transaction amount $9.368 billion

▪ Google -A (GOOGL.US) latest transaction price $306.57, decrease 0.54%, transaction amount $9.362 billion

▪ Amazon (AMZN.US) latest transaction price $222.56, increase 0.01%, transaction amount $8.748 billion

▪ Palantir Tech (PLTR.US) latest transaction price $187.75, increase 2.46%, transaction amount $7.808 billion

▪ Google -C (GOOG.US) latest transaction price $307.73, decrease 0.51%, transaction amount $6.541 billion