U.S. bank deposits rose to $19.771 trillion from $19.694 trillion the prior week.

Apple's foldable iPhone Duo went on sale; estimated delivery date shows Jan 25.

Chinese leader Xi Jinping visited Wulanchabu, Inner Mongolia, on the 16th to inspect the Chahar High‑tech Development Zone’s hub for the East Data, West Computing project and green computing industry development. He called implementing the project and building a nationwide integrated computing‑power network a major central priority, and urged stronger scientific planning, factor support and security guarantees to ensure efficient operation of completed projects and timely completion of follow‑up projects. Xi instructed officials to extend the industry chain and deepen integration between the digital economy and the real economy to convert China’s computing‑power advantage into a development advantage.