[Epoch Times, December 28, 2021](Epoch Times reporter Zhang Dongguang comprehensive report) In the last week before the end of 2021, the “Christmas market” is in full swing. On Monday (27th), the S&P 500 index was in technology Led by the stock rose 1.4%, to close at 4,791 points, another record high. The Dow also rose 352 points, or 0.98%, while the Nasdaq rose 1.4% and the small-cap Russell 2000 rose 0.88%.
At the same time, the oil market also shrugged off the haze that many international flights were cancelled during the Christmas period, with West Texas crude oil up 2.7% and Brent crude up 3.4%, standing at $75 a barrel and $78 a barrel, respectively. Oil stocks rose sharply on Monday, with S&P component APA up 7.3%, Devon Energy up 6.1% and Diamondback Energy up 4.9%.
Boom-related semiconductor stocks are also in focus. The Philadelphia Semiconductor Index rose 2.7% on Monday to close at 4,039 points, hitting a new all-time high again, with a cumulative gain of 44.5% this year, a very impressive performance. Benchmark stocks AMD rose 5.6% on Monday, Qijing Optoelectronics rose 12.75%, Yingcai rose 4.65%, and Huida rose 4.4%.
Tech giants are not far behind. Apple rose 2.3% to close at $180.33, a record high, with a total market value of $2.96 trillion, approaching the $3 trillion mark. Tesla also rose 2.5 percent, its fourth straight session of gains. In addition, security software provider Fortinet rose 5.3%, and network equipment maker Arista Networks also rose 3.5%, both performing well.
However, airline stocks, hit by the threat of the epidemic and international flight cancellations, still fell on Monday, with Delta Air Lines down 0.76%, United Airlines down 0.65%, American Airlines down 0.5%, Boeing down 0.5%, and online travel company Expedia also fell 0.8% %. The bad news of the recent large-scale diagnosis of cruise ships also hit related stocks. Royal Caribbean Cruises fell 1.3%, Carnival Cruises fell 1.1%, and Norwegian Cruise Line fell 2.5%.
Market strategists generally believe that despite the recent surge in the epidemic, this will not have a large impact on the overall economy. Since the current mainstream Omicron virus strain has caused a significant reduction in hospitalizations and deaths, it may become the virus strain that ends the epidemic.
On the other hand, Mastercard data shows that in 2021 the United Statesholiday saleThe amount increased by 8.5% year-on-year, setting a 17-year high record. Among them, clothing sales increased by 47%, and jewelry sales increased by 32%, showing the most dazzling performance. It shows that although the bottleneck of the supply chain has not been solved and the price inflation pressure has continued to remain high, the consumption power of the people has not been hindered, but has continued to grow. This is a good thing for the overall consumer economy, and related retail stocks are also encouraged. Walmart rose 0.9% on Monday, while Target rose 1.4%.
The S&P 500 index has surged 27% so far in 2021, which is quite impressive. Although it continued to set a record high closing price on Monday, the fly in the ointment was that the trading volume on Monday was only 7.76 billion shares, which was lower than the average volume of 11.74 billion shares in the past 20 days. . A price increase and a decrease in volume indicate that investors are reluctant to sell, and it only takes less buying to push up the stock price.
Responsible editor: Li Yuan#