Yesterday, the US stock market was uneventful, with the three major indices showing divergence. The Dow Jones fell by 0.63%, the S&P 500 also retreated by 0.24%, but the Nasdaq rose against the trend by 0.23%. The most eye-catching was Tesla, whose stock price surged over 3% at one point, hitting a new high since its listing.

On the sector level, cryptocurrency concepts and computer hardware became the most profitable areas. Hut 8 led the gains with nearly 4%, while chip manufacturers like Strategy and SanDisk also saw gains of over 3%. Quanten and Dell Technologies followed closely. In contrast, the oil, gas, and energy sectors collectively plunged.

In the Asia-Pacific region, the FTSE A50 futures continued to close slightly higher overnight, up 0.02%. However, the Nasdaq China Golden Dragon Index still fell 0.34%, and the performance of Chinese concept stocks depends on their fundamentals.

The US November employment data released was somewhat interesting. Non-farm payrolls added only 64,000 jobs, slightly better than the expected 50,000, but the unemployment rate unexpectedly rose to 4.6%, up from market predictions of 4.4%. After this data was released, the market's expectation of a rate cut by the Federal Reserve in January jumped from 22% to 31%. However, based on the reaction of interest rate futures, everyone still expects two rate cuts next year, with an easing margin of about 58 basis points.