US Stock Market Outlook: Uncertain Tariff Policies, Major Indices Decline, Pinduoduo Rises.

US Market Faces Uncertainty Amid Trade Policy and Middle East Tensions

On Monday morning, the US stock market is experiencing new uncertainties due to trade policy changes and escalating tensions in the Middle East, dampening market optimism. All three major US stock index futures are down, with Dow futures falling 0.45%, Nasdaq futures down 0.63%, and S&P 500 futures down 0.45%.

Pre-Market Movements in Tech Stocks

Most star tech stocks are down in pre-market trading. Micron Technology (MU) has dropped over 2%, while ASML and AMD are down more than 1%. Amazon (AMZN) and Tesla (TSLA) are also down nearly 1%.

Active Performance of Chinese Stocks

In contrast, popular Chinese stocks are showing active performance in pre-market trading. Pinduoduo (PDD) is up over 3%, NIO is up more than 2%, and both Pony.ai (PONY) and Li Auto (LI) have risen over 1%.

Silver and Gold Prices Surge

Silver prices have increased nearly 2%, approaching $88, while gold has briefly surpassed the $5,150 mark.

Bitcoin Price Fluctuations

Bitcoin (BTC) has dipped below $65,000 but has since recovered, with the decline now under 2%.

Novo Nordisk's Stock Plummets

Novo Nordisk (NVO) has seen a sharp decline of over 14% in pre-market trading after disappointing results from its CagriSema trial, which failed to meet its primary goals compared to Eli Lilly's (LLY) Tirzepatide.

Nvidia Re-enters Consumer PC Market

Nvidia (NVDA) is re-entering the consumer PC market with new laptop chips, aiming to extend its AI technology into everyday devices. Major PC manufacturers like Dell (DELL) and Lenovo (00992.HK) are expected to launch laptops featuring Nvidia chips this year.

NIO's Battery Swap Milestone

NIO (NIO) has achieved a record high in battery swaps, with nearly 176,000 swaps in a single day, averaging less than 0.5 seconds per swap. The company has built over 8,600 charging and swapping stations in mainland China.

Arcellx and Domino's Pizza Surge

Biotech company Arcellx (ACLX) is up over 77% in pre-market trading after Gilead Sciences (GILD) announced its acquisition at $115 per share. Domino's Pizza (DPZ) is also up over 5% after reporting Q4 revenue of $1.54 billion, exceeding estimates.

Merck's Business Split

Merck (MRK) plans to split its human health business into two divisions to alleviate pressure from the patent expiration of its best-selling drug, Keytruda.

OpenAI's Stalled "Star Gate" Project

OpenAI's $500 billion "Star Gate" project, in collaboration with Oracle (ORCL) and SoftBank (SFTBY), has stalled due to disagreements over leadership and responsibilities.

Copper Demand and Price Outlook

Bank of America analysts note that major mining companies are focusing on copper, with capital expenditures rising significantly. They predict copper prices could reach $15,000 per ton.

Upcoming Economic Indicators

The Federal Reserve's Waller will speak at 21:00 Beijing time, followed by the US factory orders for December and the Dallas Fed business activity index for February.

Investors are advised to stay alert to market movements and potential opportunities.