Overnight US stocks | The three major indexes rose and fell unevenly, and the dollar reached a 26-month high.

On Monday, the yield on the US 10-year Treasury bond reached its highest level since November 2023, while the 30-year bond yield remained below the psychological barrier of 5%. The US dollar hit a 26-month high. The three major US stock indices experienced mixed movements. [US Stocks] At the close, the Dow Jones Industrial Average rose by 358.67 points, or 0.86%, closing at 42297.12 points; the Nasdaq fell by 73.53 points, or 0.38%, closing at 19088.10 points; the S&P 500 index rose by 9.18 points, or 0.16%, closing at 5836.22 points. The Nasdaq Golden Dragon Index fell by 0.39%. NVIDIA Corporation (NVDA.US) fell by 2%, Trump Media & Technology Group (DJT.US) surged by 21%, Micron Technology, Inc. (MU.US) fell by 4%. [European Stocks] The Germany DAX30 index fell by 86.09 points, or 0.43%, closing at 20135.25 points; the UK FTSE 100 index fell by 25.29 points, or 0.31%, closing at 8223.20 points; the France CAC40 index fell by 22.40 points, or 0.30%, closing at 7408.64 points; the Euro Stoxx 50 index fell by 24.91 points, or 0.50%, closing at 4952.35 points; the Spain IBEX35 index fell by 34.85 points, or 0.30%, closing at 11686.05 points; the Italy FTSE MIB index fell by 297.23 points, or 0.85%, closing at 34793.00 points. [Asia-Pacific Stock Markets] The Indonesia Jakarta Composite Index fell by 1.02%, and the South Korea KOSPI Index fell by 1.04%. [Cryptocurrency] Bitcoin rebounded above $94,000, after briefly falling below $90,000; Ethereum fell by over 10% intraday, falling below $3,000, hitting a new low since November 10 of last year. [Gold] Spot gold fell by 1.00%, closing at $2662.79 per ounce; COMEX gold futures fell by 1.24%, closing at $2681.30 per ounce. [Crude Oil] New York Mercantile Exchange's February delivery of West Texas Intermediate crude oil (WTI) price increased by $2.25, or 2.94%, closing at $78.82 per barrel. [Forex] The US dollar index, which measures the dollar against six major currencies, rose by 0.28% to close at 109.955 in the forex market. At the New York forex market close, 1 euro exchanged for $1.0208, lower than the previous trading day's $1.0245; 1 pound exchanged for $1.2167, lower than the previous trading day's $1.2210. 1 US dollar exchanged for 157.81 Japanese yen, lower than the previous trading day's 157.88 Japanese yen; 1 US dollar exchanged for 0.9191 Swiss francs, higher than the previous trading day's 0.9172 Swiss francs; 1 US dollar exchanged for 1.4412 Canadian dollars, lower than the previous trading day's 1.4427 Canadian dollars; 1 US dollar exchanged for 11.2895 Swedish Krona, higher than the previous trading day's 11.2088 Swedish Krona. [Macro News] American consumers' inflation expectations in December are mixed, concerns about household debt intensify. A survey by the New York Fed on Monday showed that American consumers have mixed expectations about the trajectory of inflation in December, with increasing concerns about household debt. The regional Fed bank stated in its latest consumer expectations survey that respondents believe that inflation rates one year from now will stabilize at 3%, while expectations for price pressures three years later have risen from 2.6% in November to 3%, and expectations for price pressure five years later have declined from 2.9% in November to 2.7%. The survey also found that uncertainty about inflation prospects increased in one-year and three-year forecasts, but declined in five-year forecasts. The survey also showed that expectations for food prices have increased, but expectations for other key categories have decreased, especially gasoline expectations hitting their lowest level since September 2022. Expectations for house price growth remain stable at 3.1%. The New York Fed's survey also found that households have mixed views on their financial conditions. While more respondents are optimistic about their personal financial conditions, they also express expectations for small increases in future income and earnings, as well as mixed views on the prospects of the job market. Wall Street expects the US dollar to rise further this year, with the euro potentially falling below parity. Given the strong US economy, diminishing expectations for Fed rate cuts, and the possibility of increased tariffs by Trump, Wall Street expects the US dollar to continue to rise. Forex strategists from Goldman Sachs Group, Inc., JPMorgan Chase & Co., Deutsche Bank Aktiengesellschaft, among others, expect the US dollar to have further upside potential this year. The Bloomberg Dollar Spot Index rose for the fifth consecutive trading day on Monday, up 2.8% from the high in 2022. The cost of hedging against a one-year rise in the US dollar has risen to the highest level in nearly two years. Helen Given, a forex trader at Monex, said, "We believe the dollar will remain strong, and if we are to see the Bloomberg Dollar Index rise above the November 2022 level, it may happen near the time of Trump's inauguration ceremony, or shortly after." The Greenland Autonomous Government: has begun talks with Trump and is seeking opportunities for cooperation. On January 13, local time, Greenland's Prime Minister, Mute Egede, held a press conference in the capital, Nuuk, where he expressed concern about the statements made by US President-elect Trump. Mute Egede emphasized that Greenland is not for sale, and that the people of Greenland will decide the country's future. "We have started talks with Trump and are seeking opportunities for cooperation." He reiterated Greenland's willingness to cooperate with the US. "We have experts in the mining field, and we will continue to do so in the coming years, we need to trade with the US." Trump said on the 7th that the US needs to buy Greenland for the sake of "economic security" and "protecting the free world", and if Denmark refuses to sell to the US, the tariffs on Danish products exported to the US "will be very high". He also said that he did not rule out using military force to take control of Greenland and the Panama Canal. In response, Denmark.Prime Minister Frederiksen emphasized that Greenland is "not for sale".Individual stock news Starbucks Corporation (SBUX.US) no longer open to everyone: entry requires consumption. According to reports, in order to improve the environment inside the stores, Starbucks Corporation has revoked the open policy that allowed everyone to enter. This month, Starbucks Corporation introduced a new customer code of conduct in coffee shops across North America, aimed at protecting the personal safety of customers and employees, improving the experience. This code of conduct reverses a policy that has been in place for almost seven years - since 2018, Starbucks Corporation has allowed people to enter and use the restroom without making a purchase. The new policy also includes signs prohibiting harassment, violence, threatening language, outdoor drinking, smoking, and begging inside the stores. The new customer code of conduct is intended to reverse the trend of declining foot traffic and sales, and attract more customers. Sarah Trillium, President of Starbucks Corporation's North America region, said, "It is necessary to reset expectations about how our spaces should be used and who should use them." Executives have stated that customers need a clean, safe environment and employees are concerned about the open policy to all. The U.S. Supreme Court rejected Meta's (META.US) request to avoid lawsuits from advertisers. The U.S. Supreme Court on Monday refused to hear Meta Platforms' lawsuit request to avoid advertisers filing a collective lawsuit worth billions of dollars, accusing Facebook and Instagram's parent company of overstating the number of people that ads could reach and charging them more. The justices rejected Meta's appeal of a lower court ruling that allowed advertisers to seek damages collectively based on Meta's claims about the "potential reach" of its ads. Pony.ai (PONY.US) approved for conducting autonomous truck platooning tests. Pony.ai's autonomous truck platooning technology has made another breakthrough, becoming the first company in the country to be approved to conduct autonomous truck platooning tests with the lead truck driverless. As the only enterprise with qualifications for cross-provincial high-speed autonomous driving road tests in the Beijing-Tianjin-Hebei region, Pony.ai will start truck platooning follow-up tests and freight services on the Jingjintang Highway. With this permit, Pony.ai's autonomous truck platoons will conduct "1+N" platooning tests with the lead truck driverless, continuously pushing for the commercialization of autonomous truck platooning on a large scale. In the future, Pony.ai will continue to improve its technological capabilities, promote platooning autonomous driving towards fully driverless following truck, and continuously reduce the logistics costs of autonomous trucking. By the end of December 2024, Pony.ai's autonomous truck road test mileage has exceeded 5 million kilometers and the amount of cargo transported has exceeded 860 million ton-kilometers.