US bourse advanced on Tuesday, bolstered by the upswing of Bitcoin and techs. At close, the DJIA climbed 185 points or 0.4% to 47,474; the S&P 500 rose 16 points or 0.3% to 6,829, and the Nasdaq added 137 points or 0.6% to 23,413.
AI-related stocks also underpinned the market, with Oracle (ORCL.US) reversing the previous day's decrement but closing flat after digesting gains. Leading chipmaker Nvidia (NVDA.US) rose 0.9%.
Tesla (TSLA.US) posted a YoY hike of about 10% in sales of China-made EVs in November, marking the sharpest elevation in over a year, but the stock showed little change, inching down 0.2%.
Bitcoin shot up over 7% on Tuesday, busting above US$90,000, with Robinhood (HOOD.US) jumping up over 2%; and Bitcoin major holder Strategy (MSTR.US) rebounding by almost 6%.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| Nvidia (C) |
10055 |
230 (-) |
0.147 |
5.8 X |
| Nvidia (P) |
10057 |
165 (-) |
0.221 |
3.9 X |
| TSLA (C) |
10010 |
530 (-) |
0.425 |
5.3 X |
| TSLA (P) |
10011 |
370 (-) |
0.435 |
4.0 X |
