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Trending
SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6861.31
6861.31
6861.31
6895.79
6858.32
+4.19
+ 0.06%
--
DJI
Dow Jones Industrial Average
47890.78
47890.78
47890.78
48133.54
47871.51
+39.85
+ 0.08%
--
IXIC
NASDAQ Composite Index
23528.85
23528.85
23528.85
23680.03
23506.00
+23.72
+ 0.10%
--
USDX
US Dollar Index
98.970
99.050
98.970
99.060
98.740
-0.010
-0.01%
--
EURUSD
Euro / US Dollar
1.16375
1.16384
1.16375
1.16715
1.16277
-0.00070
-0.06%
--
GBPUSD
Pound Sterling / US Dollar
1.33225
1.33234
1.33225
1.33622
1.33159
-0.00046
-0.03%
--
XAUUSD
Gold / US Dollar
4209.74
4210.15
4209.74
4259.16
4194.54
+2.57
+ 0.06%
--
WTI
Light Sweet Crude Oil
60.023
60.055
60.023
60.236
59.187
+0.640
+ 1.08%
--
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Chinese Solar Firms Likely to Face Losses in 2026, Recovery Expected in 2027 — Market Talk
Dow Jones Newswires
Most Chinese solar producers under Morningstar's coverage, including Longi, are expected to face continued losses in 2026 due to weak demand, with a recovery anticipated only in 2027, analyst Cheng Wang says in a note. Polysilicon, wafer, and cell prices have recently rebounded, supported by government efforts to address overcapacity and curb excessive competition, though module prices remain subdued amid soft downstream demand, Wang adds. Morningstar maintains its fair value estimates for all companies under its coverage, and notes that Jinko is undervalued, JA and Trina are fairly valued, and others are overvalued. Jinko lags peers due to decline in shipments but Wang remains positive on its long-term outlook. CSI, forecast to stay profitable in 2026, benefits from energy storage optimism, though Wang says its valuation appears stretched. (jason.chau@wsj.com)
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