Most large technology stocks closed lower

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In terms of industry sectors, except for energy which closed up 0.41%, the other 10 major S&P sectors all closed down: real estate, finance, semiconductors, technology, communications, daily consumer goods, industry, raw materials, utilities and healthcare closed down respectively.

In terms of concept sectors, the aviation ETF rose 1.75%, the travel services sector fell 1.51%, the high-end hotel Marriott fell 1.01%, Airbnb fell 0.89%, and Norwegian Cruise Line fell 0.5%. The solar energy sector fell 2.66%. In the fintech sector, PayPal closed down 5.21% and NU fell 1.71%. The cybersecurity sector fell 1.03%, and SQ fell 4.85%.

Apple closed down 2.41%. Apple clarified the Siri "eavesdropping" lawsuit: the data has never been used for advertising or sold to third parties. Nvidia fell 3% as it was reported that the United States will take final measures to further restrict the export of Nvidia and AMD artificial intelligence chips. Microsoft fell 1.32%, Google fell 1.14%, Amazon fell 1.44%, Meta rose 0.84%, Tesla fell 0.05%, and Tesla reached a settlement of US$919 million in the director compensation dispute, setting the second highest record in history. Broadcom fell 2.18%, Eli Lilly rose 1.61%, Walmart rose 1.31%, PLTR fell 1.42%, APP fell 3.26%, and AXON fell 1.27%.

CEG rose 25.16% after nuclear power company Constellation Energy agreed to acquire power producer Calpine in a $26.6 billion deal.

1. December non-farm payrolls exceeded expectations, and major Wall Street banks cut their bets on rate cuts

1. Wells Fargo: The possibility of the Federal Reserve twitter data cutting interest rates in March is becoming increasingly small.

2. Citigroup: The Federal Reserve is expected to make the next interest rate cut in May, compared with the previous expectation of January.

3. JPMorgan Chase: Given the latest (strong) non-farm payrolls data, the Fed is expected to make its next rate cut in June, compared with the previous forecast of March.

4. Bank of America: The rate cut cycle may have ended; the basic assumption is that the Fed will keep interest rates unchanged for a long time, but the risk of the next move tends to be a rate hike.