The Dow rose for nine consecutive years and hit a new high, and popular Chinese concept stocks rose

Mondo Finance Updated on 2024-01-30

Eastern time on Tuesday, the three major U.S. stock indexes closed higher across the board. The Dow hit intraday and **all-time highs, and the Nasdaq both recorded their ninth consecutive trading day**.

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As of **, the Dow rose 25190 points, an increase of 068% at 3755792 points;The Nasdaq rose 9803 points, an increase of 066% at 1500322 o'clock;The S&P 500 rose 2781 points, an increase of 059% at 476837 points.

Most of the big tech stocks **, Apple rose 054%, Amazon fell 018%, Netflix rose 183%, Google up 063%, Facebook up 167%, Microsoft rose 016%。

Bank stocks collectively **, JPMorgan Chase rose 134%, Goldman Sachs rose 159%, Citi rose 256%, Morgan Stanley rose 127%, Bank of America rose 025%, Wells Fargo rose 087%。

Energy stocks across the board, Exxon Mobil rose 13%, Chevron rose 133%, ConocoPhillips rose 138%, Schlumberger rose 13%, Occidental Petroleum rose 229%。

Popular Chinese concept stocks rose, and the Nasdaq China Golden Dragon Index rose 181%。NIO rose 569%, JD.com rose 36%, Xpeng Motors rose 335%, Bilibili rose 333%, Weibo rose 281%, Li Auto rose 28%, Alibaba rose 21%。Lufax Holdings fell 491%, Vipshop fell 098%, New Oriental fell 088%。

On the news, Atlanta Fed President Bostic said that the Fed has no urgency to cut interest rates at this time. As inflation continues to decline, he expects the Fed to cut interest rates twice in the second half of next year. At the same time, he stressed that there has been no active discussion among policymakers.

In Europe, the three major European stock indexes closed up across the board. Germany's DAX index rose 056% at 16744At 41 points, the French CAC40 index rose 008% to 7574At 67 points, the British FTSE 100 index rose 031% at 763803 o'clock.

In terms of international oil prices, the New York Mercantile Exchange will deliver light ***0 in January 2024$97, closing at $73 per barrel$44, an increase of 134%;London Brent for delivery in February 2024***1$28, closed at $79 per barrel$23, an increase of 164%。

In terms of gold prices, the most actively traded market on the New York Mercantile Exchange in February 2024 was the 19th higher than the previous trading day$6 at 2,052 an ounce1 US dollar, an increase of 057%。

In terms of the U.S. dollar index, as of the end of the New York session, the U.S. dollar index, which measures the greenback against six major currencies, was **038% to 102167。

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