Daily Synopsis of the New York market close – Jan 3, 2025
Date Issued – 3rd January 2025
Preview
Tesla shares slide over 6% after a Q4 delivery miss and first annual sales decline
Tesla (TSLA) shares fell over 6% after reporting Q4 2024 deliveries of 495,930 vehicles, missing analysts’...
Daily Synopsis of the New York market close – Dec 31, 2024
Date Issued – 31st December 2024
Preview
Hong Kong’s IPO market ends 2024 on a high note
Hong Kong’s IPO market closed the year strong, with six firms, including Bloks Group and Beijing Saimo Technology, filing to raise HK$3.3 billion amid...
Daily Synopsis of the New York market close – Dec 30, 2024
Date Issued – 30th December 2024
PreviewAsian stocks retreated as US equities declinedWith year-end caution and thin trading volumes weighing on markets, Asian stocks pulled back. Oil prices held steady but face risks in 2025 from oversupply...
Daily Synopsis of the New York market close – Dec 24, 2024
Date Issued – 24th December 2024
PreviewAsian stocks climbed in quiet pre-holiday trading, lifted by a US tech rally and surging Honda sharesHonda shares jumped 14% on a $7 billion buyback plan. Taiwan Semiconductor hit record highs, but...
Daily Synopsis of the New York market close – Dec 23, 2024
 Date Issued – 19th December 2024PreviewAsian stocks rebounded Monday, ending a six-day decline as softer US inflation data revived hopes for Federal Reserve rate cuts in 2025. The MSCI Asia Pacific Index rose, led by South Korea and Taiwan, while US equity futures gained and...
Daily Synopsis of the New York market close – Dec 19, 2024
 Date Issued – 19th December 2024PreviewAsian stocks slipped Thursday after the Federal Reserve signaled slower rate cuts in 2025, while the Bank of Japan maintained its policy, weakening the yen. Wall Street mirrored global jitters, with the Dow plunging over 1,000 points as...
Daily Synopsis of the New York market close
 Date Issued – 18th December 2024PreviewAsian stocks edged higher Wednesday ahead of the Federal Reserve’s final rate decision for 2024, with Japan’s Nikkei down 0.2% but gains in Hong Kong, Shanghai, and South Korea. Nissan shares surged 22% on merger talks with Honda, while...
Daily Synopsis of the New York market close
 Date Issued – 17th December 2024Alibaba Plans to Sell Intime Department Stores for $1 Billion Amid RestructuringAlibaba Group announced plans to sell its department store chain, Intime, to a consortium led by Youngor Fashion and Intime’s management for 7.4 billion yuan...
Daily Synopsis of the New York market close
 Date Issued – 16th December 2024PreviewThis week, all eyes are on the Federal Reserve’s final meeting of 2024, where a 25-basis-point rate cut is anticipated. Fed Chair Jerome Powell’s comments on the 2025 outlook will be pivotal, especially as rate cuts may proceed more...
Daily Synopsis of the New York market close
 Date Issued – 13th December 2024PreviewXiaomi’s stock has soared 103% this year, driven by strong momentum in its electric vehicle (EV) business, which now accounts for 10% of revenue. Demand for its SU7 sedan and upcoming YU7 SUV positions Xiaomi to rival smartphone...
