U.S. stocks
Feder hike interest rates 75 basis points overnight. US stocks rose first and then fell sharply, and finally the three major stock indexes closed down all over the board.
As of the close, the Dow Jones Industrial Average fell 1.55%, the Nasdaq fell 3.36%, and the S&P 500 fell 2.50%.
On November 2, Eastern Time, the Federal Reserve raised interest rates again by 75 basis points to the target range of 3.75%-4%, setting a new high since January 2008. Federal Reserve Chairman Powell said (Bald Eagle) that it will take some time to slow down the pace of interest rate hikes and will slow down as early as December.
Powell said it is too early to consider suspending rate hikes. He expects to discuss slowing down the pace of tightening in the next or two meetings, but reiterates that it will take some time to truly slow down the pace of rate hikes. Powell believes there is no sign that inflation is falling.
A shares
Today, Big A was also affected by external disturbances. short-term funds showed a certain fear of highs and sold. The rotation speed between sectors began to accelerate. The previously active theme stock began to adjust.
As of the close, Shanghai Composite Index closed at 2997.81 points, down 0.19%; the ChiNext Index closed at 2376.06 points, up 0.01%.
stock in the two markets rose and fell mixed, with a slightly higher number of companies rising, and new energy and semiconductor performed relatively well.
The two markets had a total turnover of 886.5 billion yuan, a significant decrease of 165.6 billion yuan from the previous trading day. The Federal Reserve's interest rate hike still caused some disturbance to the market.
Hong Kong stocks
Hong Kong stocks were greatly affected by the outside world, and fell sharply across the board again today.
As of the close, Hang Seng Index fell 3.08%, and Hang Seng Technology Index fell 3.84%.
"Lonely Brave" southbound funds continued to buy, with a net inflow of 7.6 billion yuan throughout the day.
northbound funds
northbound funds continued to sell unilaterally, with a total net outflow of 4.565 billion yuan throughout the day.
, of which , Shanghai Stock Connect , net sales of 2.308 billion yuan, and Shenzhen Stock Connect 2.257 billion yuan.
sector performance in
sector, track stocks performed relatively better, semiconductors, lithium batteries, photovoltaics performed actively, gains ranked first.
liquor sector weakened again today, with topics such as information technology and computers beginning to adjust, the real estate sector fell more significantly, and the gold, insurance, shipping and other sectors performed poorly.
closed comments
Overall, the Fed's interest rate hike has caused certain disturbances to the market. The market just felt a little warm and it was cold again today. Whether it can continue to rise in the short term can be adjusted. The key is to look at the volume.
is definitely gradually declining at this position, so if there is really news such as relaxation, the probability of an upward reversal is very high; but if the internal and external environment is still weak, there will be a weak oscillation and consolidation.
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