Nasdaq and S&P hit new highs S&P 500 index** broke 5,100 points for the first time, U.S. consumer confidence index fell in February, manufacturing index shrank further, New York Community Bank shares** nearly 26%, WTI oil prices once broke through the $80 mark, as the market weighed inflation and the prospect of the Federal Reserve's interest rate cuts, U.S. stocks closed higher across the board on Friday, with both the Nasdaq and the S&P 500 hitting new highs, of which the S&P 500 closed above 5,100 for the first time. Investors' focus on the AI sector has driven the rally in big tech stocks and the broader market, while the market's expectations for the Fed's interest rate cut have also benefited the Nasdaq. In terms of chipsmaker Nvidia's stock price, the company's stock price has accumulated more than 260% in the past 12 months.
As of the current day, the Dow Jones was 9099 points, an increase of 023%, closing at 3908738 points; NASDAQ**18302 points, an increase of 114% to close at 1627494 points; S&P 500**4081 points, an increase of 080% to close at 513708 o'clock.
This week, the Dow Jones accumulated **011%, NASDAQ cumulative **174%, and the S&P 500 index has accumulated **095%。Among them, the semiconductor sector led the Nasdaq. Shares of AMD and Marvell Technology are up nearly 14% each this week, while shares of Micron Technology, NXP Semiconductors, Broadcom and ON Semiconductor are up about 7%. In addition, the Nasdaq was led by Contellation Energy, which was 25% this week.
U.S. Treasury yields are lower. The yield on the 10-year Treasury note was 6 basis points to 4188%, the 2-year Treasury yield** nearly 11 basis points to 4538%。
Popular Chinese concept stocks rose, and the Nasdaq China Golden Dragon Index **104%。Sohu**703%, Bilibili rose 382%, iQiyi**352%，**2.65%, Pinduoduo**185%, JD.com rose 168%, Alibaba rose 08%, NIO rose 052%。
U.S. consumer confidence fell in February.
On the economic data front, the US ISM manufacturing index slipped to 47 in February8 points, down 13 points, less than market expectations and below the 50 boom and bust watershed. Among them, the new orders index fell by 3At 3 points, new export orders jumped 64 points.
The final value of the University of Michigan Consumer Sentiment Index fell to 76 in February9. Less than market expectations and the previous value data. Consumers' inflation expectations for the year ahead rose from $2 in January9% to 3%, and prices are expected to be **2 in the next five to ten years9%, unchanged from the previous month. Joanne Hsu, head of the survey, believes that consumer sentiment remained largely stable in February, down only 2 index points from January, maintaining the upward trend of the past three months.
Richmond Fed President Thomas Barkin said he would not over-read the high inflation data in January, which is often unreliable. Barkin said inflation is uneven across different sectors of the economy, with declines in used cars, such as helping to offset declines in other sectors. Barkin also said he was in no hurry to make any decisions.
New York Community Bank shares** nearly 26%.
On the corporate side, New York Community Bancorp shares at **2589%, falling below $4 to close at 3$55 shares, a new 52-week low. The bank announced a change of leadership and disclosed its internal control issues after market hours on Thursday. So far this year, New York Community Bank shares have accumulated **653%, of which on January 31, due to the release of a huge loss of financial reports, once ** nearly 38%.
HP shares closed up 217% to 15$56 shares. The company reported earnings of 3 cents per share in the fiscal first quarter, beating expectations; Achieved revenue of 67$600 million, below market expectations of 71$100 million. At the same time, HP expects earnings per share in the fiscal second quarter to be in the 0.0 percentile range$36 to $0$41, revenue is expected to be between $6.6 billion and $7 billion, with the average consensus of 71$100 million.
According to market insiders, Boeing is in talks to reacquire Spirit Aerosystems, which makes the fuselage for Boeing's 737 MAX jet and spun off from Boeing in 2005. Driven by the news of the acquisition, the share price of Aero Systems Inc. is bound to be 15%, and the stock price of Boeing is down nearly 2%.
WTI oil prices briefly broke through the $80 mark.
In the commodity market, affected by international geopolitical factors, *** rose on Friday. WTI2 for April delivery2% to close at 79$97 barrel, WTI oil prices once broke through the $80 mark intraday. WTI oil prices have accumulated **4 this week6%, 2 months cumulative **32%。Brent ***2% for May delivery, closing at 83$55 barrel. Cloth oil this week has accumulated **34%。
With *** gasoline ** rising synchronously. According to the American Automobile Association (AAA), the average price per gallon of regular gasoline in the United States on Friday was $3$33, compared to $3 1 month ago$15.