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Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.Apple iPhone SE 4 is reported to be released with its own modem around March next year. Apple iPhone SE 4 is reported to be officially released around March next year, and the new machine may bring a major upgrade to SE series. The new machine will adopt Liu Haiping design, introduce Face ID and cancel the Home button with Touch ID, but there is no smart island function. According to gourmain, Apple has designed a new modem code-named Sinope, which is seamlessly integrated with other components of its own. This design not only saves space, but also reduces power consumption. Compared with the Qualcomm modem currently used by Apple, Sinope still has a big gap, and the performance of related chips is inferior to that of Qualcomm. For example, Sinope only supports the Sub-6 GHz 5G band, but does not support millimeter mmWave. Although the performance of related modems is not as good as that of Qualcomm, gourmain thinks that the biggest advantage of Apple's self-developed scheme is to reduce its dependence on Qualcomm, thus saving licensing fees.Dow opened up 0.2%, S&P 500 rose 0.5%, Nasdaq rose 0.7%, Macy's fell 10.8%, and lowered its profit forecast for fiscal year. Walgreen fell 3.5%, or "sold herself" to private equity firm Sycamore. Broadcom rose 4.4% and cooperated with Apple to develop AI chips. The number of houses fell by 8.1%, and it is planned to raise $7 million through additional issuance.

Market News: The US CPI report in November may suggest that the core PCE index, the inflation indicator favored by the Federal Reserve, may rise slightly to 2.9% in the last two months of 2024.Russian President Vladimir Putin: His AI technology is crucial to Russia's sovereignty.Industry ETFs generally rose at the beginning of the US stock market, with semiconductor ETFs rising by 1.2%, regional bank ETFs, banking ETFs and internet stock index ETFs also rising by at least 1%, while medical ETFs fell by more than 0.4%.

Hershey's share price fell by about 4%.Goldman Sachs raised the target price of several hotel chain stocks. Goldman Sachs raised the target price of Hilton Hotel from $247 to $277, Hyatt Hotels Group from $151 to $167, and Marriott from $280 to $314.Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.