Hot data weighs on interest rate cut expectations! U.S. stocks stopped rising for five consecutive w

Mondo Finance Updated on 2024-02-17

China-Singapore Jingwei, Feb. 17 -- The three major U.S. stock indexes closed down across the board on Friday, halting two consecutive gains.

At 16:00 EST on February 16 (05:00 Beijing time on February 17), the Dow fell 037% at 38627At 99 points, the S&P 500 fell 048% to 500557 points, the Nasdaq fell 082% at 15,77565 points.

This week, the Dow fell 011%, the Nasdaq fell 134%, and the S&P 500 fell 042%, all three major stock indexes ended the previous five-week trend**.

U.S. large technology stocks fell across the board, and Apple fell 084%, Amazon fell 017%, Netflix fell 16%, Google fell 158%, Facebook fell 221%, Microsoft fell 061%。

U.S. chip stocks are generally **, Micron Technology fell 261%, Qualcomm fell 211%, GF fell 175%, TSMC fell 174%, Chaowei Semiconductor fell 163%, Broadcom fell 155%, Intel fell 123%, Nvidia fell 006%, applied materials rose 635%。

U.S. airline stocks collectively **, Boeing fell 074%, American Airlines fell 174%, Delta Air Lines fell 216%, Southwest Airlines fell 082%, United Airlines fell 196%。

Most U.S. bank stocks**, JPMorgan Chase fell 047%, Goldman Sachs fell 026%, Citi fell 063%, Morgan Stanley rose 099%, Bank of America rose 006%, Wells Fargo fell 025%。

Most of the popular Chinese concept stocks **, the Nasdaq China Golden Dragon Index rose 056%, Nenglian Zhidian rose 1098%, MINISO rose 565%, Lufax Holdings rose 533%, Atour rose 513%, Zai Lab rose 377%, Futu Holdings rose 315%, JD.com rose 28%, EHang rose 273%;In terms of declines, Canadian Solar fell 365%, good future fell 321%, JinkoSolar fell 302%。China's new energy vehicle stocks collectively **, Weilai rose 082%, Xpeng Motors rose 393%, Li Auto rose 313%。

Data released by the U.S. Department of Labor showed that PPI increased by 09%, the slowdown was less than expected, and the month-on-month growth rate accelerated beyond expectations to 03%, and the core PPI increased by 2% year-on-year and 05%, the acceleration of growth exceeded analysts' expectations.

Reuters reported that the PPI was stronger than expected, dampening hopes that the Fed was about to cut interest rates. The two Feds set the tone for caution. Atlanta Fed President Raphael Bostic said he needs more evidence that inflationary pressures are declining, but is open to cutting rates sometime in the coming months. San Francisco Fed President Mary Daly said that while significant progress has been made, it is important to ensure price stability"There is more work to be done"。

Europe**: All three major European stock indexes on the 16th**. The Financial Times 100 average index in London closed at 771171 points, compared to the previous trading day **11418 points, an increase of 150%;The CAC 40 index closed at 776818 o'clock, 24 more than the previous trading day76 points, an increase of 032%;Germany's Frankfurt**DAX index closed at 1711744 points, compared with the previous trading day **7075 points, an increase of 041%。

International oil prices: International oil prices on the 16th**. NYMERX March Delivery of Light ***1$16, closed at $79 per barrel$19, an increase of 149%;London Brent *** 61 cents for April delivery closed at 83 per barrel$47, an increase of 074%。

International gold price: the most actively traded April ** futures price on the 16th of the New York Mercantile Exchange *** market$2 per ounce at 20241 US dollar, an increase of 046%。

U.S. Dollar Index: U.S. Dollar Index 16th**. The U.S. dollar index, which measures the greenback against six major currencies, was 002%, closing at 104 at the end of the foreign exchange market277。As of the end of the New York exchange market, 1 euro is exchanged for 1$0777, up from $1 in the previous session$0769; 1 pound to 1$2,606, up from $1 in the previous session$2596. (Zhongxin Jingwei app).

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

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