News

U.S. medical plan concept stocks led the decline, with United Health falling nearly 17%, Humana falling more than 16%, and CVS Health falling nearly 10%; after the United States proposed a slight increase in payment rates for medical insurance companies.

U.S. stocks opened, with the Dow Jones Industrial Average down 0.6%, the S&P 500 Index up 0.27%, and the Nasdaq Composite Index up 0.5%. Corning (GLW.N) rose 7.8%. Meta will pay Corning up to $6 billion in purchase fees. General Motors Co (GM.N) rose 5.4% after fourth-quarter core profit exceeded expectations.

American Airlines Group (AAL.O) CEO: Affected by the government shutdown, government passenger traffic fell by approximately 50% in the fourth quarter.

UK Finance Minister: The government will launch a high street strategy to revitalize our communities.

Canadian Prime Minister Carney: He has not retracted his remarks in Davos.

The Central Bank of Hungary: Maintaining a tight monetary policy is necessary.

The Central Bank of Hungary stated that it will make decisions on the benchmark interest rate in a cautious and data-driven manner at each meeting.

The FHFA house price index in the United States recorded a monthly rate of 0.6% in November, the largest increase since September 2024.

General Motors (GM.N): Moves to bring factories back to the United States and supply chain shifts will reduce company profits by $1 billion to $1.5 billion in 2026.

Japanese Finance Minister Satsuki Katayama: I will not comment on foreign exchange levels.

US President Trump: New York is heading in the wrong direction.

Japanese Finance Minister Satsuki Katayama: We will continue to coordinate closely with U.S. authorities as necessary, based on the joint statement issued by Japan and the United States last September; and we will take appropriate action.

General Motors (GM.N) CFO: Expects to invest US$5 billion to expand U.S. manufacturing capacity for some high-demand models and reduce tariff risk exposure.

American Airlines Group (AAL.O) CEO: (Regarding the winter storm) The number of flight cancellations is expected to remain high for at least two days in the future, and normal operations will not resume until later this week.

U.S. automated data processing company ADP: U.S. private sector employment growth fell slightly for the third consecutive week.

Hungary maintained its benchmark interest rate at 6.50%, in line with market expectations.

U.S. natural gas spot prices surged to record highs in New England, Pennsylvania and the Henry Hub benchmark in Louisiana.

Indian Oil Corporation Chairman: Foreign companies have shown strong interest in oil exploration in India.

Boeing (BA.N) U.S. stocks erased gains before the market opened and are now down 1.5%.

Corning (GLW.N) U.S. stocks rose 6.5% before the market opened after reports that Meta reached an agreement to pay the company up to $6 billion to purchase fiber optic cables in artificial intelligence data centers.