Market Summary 7th December 2023

Today was a big day for the largest tech companies, as they led the stock market to climb higher. The $Invesco QQQ Trust(QQQ.US)$, which tracks these big tech stocks, rose by 1.4%, while the $iShares Russell 2000 ETF(IWM.US)$, which includes smaller companies, increased by 0.7%. $Alphabet-A(GOOGL.US)$ was a standout, with its stock rising due to excitement about a new AI product, which also triggered automated trading systems to buy more of these large company stocks. Aside from that, most other stocks didn't have any major ups or downs.

US heat list: $Advanced Micro Devices(AMD.US)$ $Tesla(TSLA.US)$ $Palantir(PLTR.US)$ $Alphabet-A(GOOGL.US)$ $NVIDIA(NVDA.US)$ $C3.ai(AI.US)$ $NIO Inc(NIO.US)$ $Apple(AAPL.US)$ $BABA(03012.MY)$