The Dow fell twice in a row, and the China Concept Index rose 2 1

Mondo Finance Updated on 2024-02-28

China-Singapore Jingwei, Feb. 28 (Xinhua) -- The three major U.S. stock indexes continued to be in a narrow range on Tuesday**, and the Dow Jones continued to trade for two consecutive trading days**.

Screenshot of wind.

At 16:00 EST on February 27 (05:00 Beijing time on February 28), the Dow closed down 9682 points, at 3897241 points, a decrease of 025%;The Nasdaq closed up 5905 o'clock, at 1603530 points, an increase of 037%;The S&P 500 closed up 865 points, at 507818 points, an increase of 017%。

U.S. big tech stocks were mixed, with Apple up 081%, Amazon fell 068%, Netflix rose 24%, Google up 097%, Facebook rose 11%, Microsoft closed flat.

U.S. bank stocks were mixed, with JPMorgan Chase up 004%, Goldman Sachs rose 011%, Citi rose 06%, Morgan Stanley fell 023%, Bank of America rose 196%, Wells Fargo rose 126%。

Popular Chinese concept stocks rose, and the Nasdaq China Golden Dragon Index rose 21%。Li Auto rose more than 11%, NetEase rose more than 5%, iQiyi, Weibo rose more than 4%, Futu Holdings rose more than 3%, Weilai, Full Bang rose more than 2%, Xiaopeng Motors, Alibaba, Bilibili, JD.com, Pinduoduo, Vipshop slightly**. Tencent**slightly**.

In terms of news, according to Bloomberg, people familiar with the matter revealed that Apple will cancel a decade-long electric vehicle manufacturing plan, thus abandoning one of the most ambitious projects in the company's history. Apple disclosed the news internally on Tuesday, surprising the nearly 2,000 employees involved in the project, people familiar with the matter said.

On the data front, the US consumer confidence index retreated in February after rising for three consecutive months. The Conference Board released survey data on Tuesday showing a downward revision of consumer confidence to 110 from January9 slipped to 106 in February7。

Reuters reported that as corporate earnings season draws to a close, investors are refocusing on economic data and where U.S. interest rates are likely to go. With the latest jobs report not due until next week, the personal consumption expenditures price index (PCE) for January, which is due on Thursday, will be in focus. If the personal consumption expenditures data are similar to the recent inflation data for consumer prices and producer price indexes, it could force the Fed to keep interest rates unchanged at current levels for longer than the market expects.

Europe**: The three major European stock indexes were mixed on the 27th. The Financial Times 100 average index in London closed at 768302 points, 1 more than the previous trading day28 points, a decrease of 002%;The CAC 40 index closed at 794840 points, 18 points from the previous trading day58 points, an increase of 023%;Germany's Frankfurt**DAX index closed at 1755649 points, compared to the previous trading day **13326 points, an increase of 076%。

International oil prices: International oil prices on the 27th**. As of the day **, the NYMERX April delivery of light***1$29, closed at $78 per barrel$87, an increase of 166%;London Brent *** 1 for April delivery$12, closed at $83 per barrel$65, an increase of 136%。

International gold price: the most actively traded April ** futures price on the New York Mercantile Exchange *** market on the 27th **5$2 and closed at 2,044 an ounce1 US dollar, an increase of 026%。

U.S. dollar index: The U.S. dollar index rose slightly on the 27th. The dollar index, which measures the greenback against six major currencies, closed the day at 103829。As of the end of the New York exchange market, 1 euro is exchanged for 1$0844, down from $1 in the previous session$0846; 1 pound to 1$2,680, up from $1 in the previous session2678 USD. 1 dollar to 15053 yen, down from 150 in the previous session76 yen; 1 USD to 0CHF 8,797, down from 0CHF 8,809; 1 dollar for 1C$3,529, up from 1CAD 3,514; 1 dollar to 103,075 SEK, up from 10 in the previous sessionSEK 2872. (Zhongxin Jingwei app).

The views in this article are for reference only and do not constitute investment advice. )

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