The Dow Jones Internet Composite Index reported 1159.70, up 0.85%.CEO of ExxonMobil: Our next generation graphite will shorten the charging time and increase the cruising range of electric vehicles by 30%.Market news: EU ambassadors have temporarily agreed to impose the 15th round of sanctions on Russia.
After the announcement of the Bank of Canada's interest rate decision, USD/CAD fell 50 points to 1.4140.The Dow Jones Internet Composite Index reported 1159.70, up 0.85%.The Nasdaq rose to 1%, while the S&P 500 index rose 0.58% and the Dow rose 0.1%.
Vanguard went against tradition and suggested the strategy of "six shares of debt and four shares" to deal with policy risks. In view of the high interest rate and stock valuation, Vanguard Group suggested that investors establish defensive positions in the new year and increase their investment in bonds instead of stocks. The company's 2025 outlook lists the asset allocation model built by economists and portfolio teams, which allocates 62% of the funds to fixed-income securities and the remaining 38% to stocks. In contrast, the ratio of stocks to bonds in the traditional portfolio is 60% to 40%. Although the US economy is still strong, the stock market valuation is close to historical highs, which makes stocks more vulnerable to potential policy risks after Trump takes office. At the same time, interest rates may remain higher than those in the 2010 s, thus providing investors with stable income and more protection in the case of risk aversion.On December 11th, 2024, China International Cargo Airlines Co., Ltd. (referred to as Air China) disclosed its prospectus, and planned to issue new shares and go public in Shenzhen in the near future.Bank of Canada Governor Mackler M: Future decisions will be guided by future data and inflation prospects.