On December 16th Beijing time, the US stock market opened weakly. Affected by the US unemployment rate hitting a four-year high, the three major indices all opened lower: Dow Jones Index down 0.02%, S&P 500 down 0.13%, Nasdaq down 0.19%.

Individual stocks showed divergence. Pharmaceutical giant Pfizer rose 0.15% against the trend after releasing its 2026 revenue outlook guidance; popular Chinese concept stocks were mixed, with one new energy vehicle company’s stock opening up 0.85%.

The continued weakening of macroeconomic data has been impacting risk asset sentiment. In this market environment, the cryptocurrency market is also under pressure, with increased volatility in mainstream coins like Bitcoin. Investors should closely monitor subsequent economic data and policy developments.