China-Singapore Jingwei, June 30th: The three major U.S. stock indexes fluctuated within a narrow range on Wednesday, consolidated, and ended with mixed gains and losses. Energy stocks fell across the board, and most of the popular and Chinese concept stocks fell.
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At 16:00 Eastern Time on June 29 (04:00 on June 30, Beijing time), the Dow Jones Industrial Average closed up 82.32 points at 31029.31 points, an increase of 0.27%; the Nasdaq closed down 3.65 points at 11177.89 points , a decrease of 0.03%; S&P 500 index closed down 2.72 points, at 3818.83 points, a decrease of 0.07%.
U.S. stocks Large technology stocks mostly rose, Apple rose 1.3%, Amazon rose 1.42%, Netflix fell 0.69%, Google fell 0.27%, Facebook rose 2.03%, Microsoft rose 1.47%.
U.S. energy stocks fell across the board, with Exxon Mobil down 3.68%, Chevron down 2.08%, ConocoPhillips down 3.91%, Schlumberger down 2.11%, and Occidental Petroleum down 4.26%.
Most U.S. bank stocks fell, JPMorgan Chase fell 0.5%, Goldman Sachs rose 1.23%, Citigroup fell 0.25%, Morgan Stanley fell 0.06%, Bank of America fell 1.36%, Wells Fargo fell 1.24%.
Most popular Chinese concept stocks fell. Golden Sun Education fell 16.73%, Baosheng Technology fell 12.1%, Pintai fell 12.09%, Fanhua Financial fell 11.21%, Miniso fell 10.78%, Manbang The group's fell by 10.59%, Huafu Education fell by 9.86%, Newegg fell by 9.65%, and Leju fell by 9.15%; in terms of growth, Jiufu rose by 28.01%, Scienjoy unlimited rose by 18.37%, Blue Hat rose by 16.86%, Dane Education rose 14.12%, New Oriental rose 9.64%, and Brain Regeneration rose 9.17%. New energy automobile stocks had mixed gains and losses, with Weilai Automobile falling 2.24%, Xpeng Motors falling 1.65%, and Li Automobile rising 2.72%. In terms of
data, on June 29, local time, the revised data released by the U.S. Department of Commerce showed that the U.S. gross domestic product shrank by 1.6% at an annual rate in the first quarter of this year, compared with the previously estimated contraction of 1.5%. It was revised downward by 0.1 percentage point.
According to media reports, on June 29, local time, Federal Reserve Chairman Powell said that although the task of fighting inflation has become more challenging in recent months, the U.S. economy is in a "strong state" and the Federal Reserve can control inflation. rate fell to 2% while maintaining a stable labor market. Powell reiterated that the Fed is raising interest rates "rapidly" and aims to "get into restrictive territory fairly quickly" with borrowing costs at a level that suppresses rather than stimulates economic growth. In terms of inflation expectations, Powell said financial market expectations for Fed rate hikes are "very consistent with the direction we are going," noting that they are broadly consistent with forecasts released by Fed policymakers earlier this month.
European stock markets: Europe's three major stock indexes all fell on the 29th. The average price index of 100 stocks in the London stock market " Financial Times " closed at 7312.32 points on the 29th, down 11.09 points or 0.15% from the previous trading day; the CAC40 index in the Paris stock market in France closed at 6031.48 points, down 11.09 points from the previous trading day. It fell 54.54 points, or 0.90%, on the trading day; the DAX index in Frankfurt, Germany closed at 13003.35 points, down 228.47 points, or 1.73%, from the previous trading day.
International oil prices: International oil prices fell on the 29th. The price of light crude oil futures for August delivery on the New York Mercantile Exchange fell by $1.98, or 1.77%, to $109.78 per barrel; the price of London Brent crude oil futures for August delivery fell by $1.72, or 1.46%. International gold price reported at US$116.26/barrel
: The price of August gold, the most actively traded gold futures market on the New York Mercantile Exchange, fell US$3.7 on the 29th from the previous trading day, closing at US$1,817.5 per ounce, a decrease of 0.2%.
U.S. dollar index : The U.S. dollar index rose on the 29th. As of late New York trading, the U.S. dollar index, which measures the U.S. dollar against six major currencies, rose 0.58% to 105.1060. (China-Singapore Jingwei APP)
