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Trump was elected as Time Magazine's Person of the Year.After the release of US economic data, traders increased their bets on the Fed's interest rate cut next year, and US short-term interest rate futures narrowed and fell earlier.The Dow Jones Industrial Average was last reported at 44,200.59, up 0.12% in the day.

European Central Bank President Lagarde: Labor cost growth will slow down.Trump was elected as Time Magazine's Person of the Year for the second time, and Time Magazine awarded Donald Trump, who is about to re-enter the White House, with the recognition of his amazing political comeback and his historic year of assassination attempt and felony conviction. This result also confirms the general expectation. Since Bush in 2000, the magazine has awarded this honor to the winner in every presidential election. Trump was also named the magazine's person of the year when he first won the US election in 2016.Market news: the agency said that the number of people applying for unemployment benefits in the United States jumped to the highest level in two months, but it was still at a low level.

Market News: Doctors say Brazilian President Lula is fully capable of signing official documents.After the US PPI and initial application data were released, the price of gold dropped further. After the US PPI and initial application data exceeded expectations, the price of gold continued to decline. Paul Ashworth, a macro analyst at Kaitou, said: "The components of PCE favored by the Federal Reserve are generally weak, and the CPI data released yesterday indicate that the monthly rate of core PCE will only increase slightly by 0.03%. Now it seems that the Fed is more likely to continue to cut interest rates by 25 basis points next week. " At the same time, the number of initial jobless claims increased by 17,000 last week, the highest level since mid-October last year, while economists expected a decrease of 4,000 to 220,000.European Central Bank President Lagarde: We must be very cautious. European Central Bank President Lagarde: We must be very cautious because service prices and wages are rising rapidly. Financial difficulties are self-created uncertainties.