US stocks rattled narrowly on Tuesday, as Wall Street awaited the Fed's decision on interest rate. The S&P 500 edged down 6 points to 6,840 at close. The Nasdaq was the only index among the three major indices that recorded upswing, increasing by 30 points or 0.1% to end at 23,576. The DJIA shed 179 points or 0.4% to 47,560.
JPMorgan (JPM.US) anticipated spending US$105 billion next year, more than street consensus. The stock closed down 4.7%, weighing the DJIA down.
The US allows NVIDIA (NVDA.US) to sell AI chips H200 to China, with NVIDIA slightly down 0.3%. Alphabet's (GOOG.US) subsidiary Google plans to launch its first AI smart glasses next year, shoring up its stock by 1%. Meta (META.US), which had previously collaborated with Ray-Ban to launch smart glasses, fell 1.5%.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| Broadcom (C) |
10072 |
435 (-) |
0.730 |
4.4 X |
| Broadcom (P) |
10073 |
310 (-) |
0.260 |
4.2 X |
| Nvidia (C) |
10055 |
230 (-) |
0.147 |
6.0 X |
| Nvidia (P) |
10057 |
165 (-) |
0.206 |
4.0 X |
| MSFT (C) |
10744 |
600 (-) |
0.098 |
12.1 X |
| MSFT (P) |
10715 |
435 (-) |
0.190 |
8.5 X |
| ALPBE (C) |
10080 |
360 (-) |
0.450 |
4.9 X |
| ALPBE (P) |
10012 |
230 (-) |
0.141 |
4.6 X |
| META (C) |
10003 |
900 (-) |
0.195 |
8.1 X |
| META (P) |
10757 |
700 (-) |
1.370 |
3.9 X |
