The S&P 500 index fell by 0.5%, the telecom sector fell by about 1.3%, and the S&P fell by 0.5% in 500 days to 6059.70 points. Standard & Poor's telecommunications sector fell by 1.27%, financial sector fell by 0.91%, industrial sector fell by 0.87%, technology sector fell by 0.6%, raw materials sector rose by 0.9%, and energy sector rose by 1.07%. At present, the volatility of the panic index VIX has increased by 10.0% to 14.06.Market information: The International Monetary Fund has reached an agreement at the staff level, allowing Ecuador to obtain a loan of about 500 million US dollars, but it needs to be approved by the statement of the board of directors of the organization.LME copper futures closed up $110 to $9,232/ton. LME aluminum closed down 0.16 USD to 2,588 USD/ton. LME zinc futures closed up $54 to $3,126/ton. LME lead closed down $4 to $2,068/ton. LME nickel futures closed down $51 to $15,996/ton. LME tin closed up $767 to $29,918/ton. LME cobalt was flat at $24,300/ton.
State Grid Xintong: Signed a letter of intent for equity acquisition with the controlling shareholder. State Grid Xintong announced that the company reviewed and approved the Proposal on Signing a Letter of Intent for Equity Acquisition between the Company and the Controlling Shareholder on December 9, 2024, and signed a Letter of Intent for Equity Acquisition with the controlling shareholder Xinshuang Group. It is planned to acquire 100% equity of Yili Technology, a subsidiary of Xinshuang Group, by cash agreement. Including 59.3% equity of Fujian Yirong Information Technology Co., Ltd. and 100% equity of Fujian Yili Power Technology Co., Ltd., excluding 56% equity of Fujian Netenergy Technology Development Co., Ltd. and 57% equity of Jiangxi Siji Zhiyun Digital Technology Co., Ltd. What is signed this time is only an intentional agreement, and the specific implementation will be determined by all parties through further consultation after due diligence, auditing, asset evaluation and filing by the state-owned assets supervision and administration department. This transaction constitutes a connected transaction, but it does not constitute a major asset restructuring.Nippon Steel (Nippon Steel) made a final attempt around the merger and acquisition of American steel companies: clarifying its (many) expenditure plans in the smelters of American steel.Suresh Gopi, Minister of Primary Oil of India, sent a letter to Parliament: It is estimated that India's refining capacity will increase by 309.5 million tons by 2028. One goal of the government is to achieve 20% ethanol in gasoline supply by 2025 and 5% biofuel in diesel supply by 2030.
Turkish President Erdogan called on the Syrian people: Turkey stands with you, you don't bow to the cruel, and you wrote an epic. Turkey is willing to make every effort to maintain stability in Syria, and we will overcome difficulties together.The commodity currency NZD/USD rose by 1.0% to 0.5886.Morgan stanley capital international's MSCI Nordic Countries Index fell 0.2% to 384.92. Saab AB, a military stock, fell 6.5%, the worst performance among all the constituent stocks.