China News Service, October 5th. On Tuesday, Eastern Time, the three major indexes of US stocks opened high and closed high. As of the close, the Dow Jones Industrial Average rose 825.43 points, or 2.80%, to 30,316.32 points; the Nasdaq rose 360.97 points, or 3.34%, to 11,176.41 points; the S&P 500 index rose 112.50 points, or 3.06%, to 3,790.93 points.
Screenshot Source: Wind
Large Technology stocks rose across the board, Apple rose 2.56%, Amazon rose 4.5%, Netflix rose 0.71%, Google rose 3.04%, Facebook rose 1.2%, Microsoft rose 3.38%.
Bank stocks rose collectively, JPMorgan Chase rose 4.72%, Goldman Sachs rose 5.55%, Citi rose 4.39%, Morgan Stanley rose 4.59%, Bank of America rose 4.18%, and Wells Fargo rose 4.74%.
airline stocks are collectively strong, Boeing rose 5.93%, American Airlines rose 8.64%, Delta rose 8.78%, Southwest Airlines rose 6.31%, and United rose 7.68%.
energy stocks generally rose, ExxonMobil rose 3.63%, Chevron rose 3.86%, ConocoPhillips rose 5.15%, Schlumberger rose 2.22%, and Occupy Petroleum rose 3.34%.
Popular Chinese stocks listed in the United States most rose, while Nasdaq China Golden Dragon Index rose 5.43%. Zhongyang Finance rose 25.48%, Kingsoft Cloud rose 21.13%, Manbang Group rose 15.05%, Huya Live rose 14.1%, Zhihu rose 13.76%, Huju rose 11.48%, 360 Digital Technology rose 11.38%, Huadi International rose 10.43%, Dingdong Maicai rose 10.14%; in terms of declines, Hongqiao Hi-Tech fell 16.97%, Dajian Cloud Store fell 7.04%, Hongen fell 6.22%, and Four Seasons Education fell 5.24%. Chinese new energy vehicle stocks rose collectively, with NIO rising 7.88%, Xiaopeng rising 2%, and Ideal Auto rising 4.86%.
Other stocks , Twitter rose more than 22%, and Musk confirmed his plan to promote Twitter trading at a price of US$54.20 per share. In terms of economic data, data released by the American Institute of Supply Management (ISM) on Monday showed that the ISM manufacturing purchasing managers index in September was 50.9%, lower than 52.8% in August, and the lowest level since May 2020, lower than expected; the final value of the manufacturing purchasing managers index (PMI) was 52, slightly higher than the expected 51.8.
Deutsche Bank analyst Jim Reid said: "There are a variety of factors that have driven the rebound of US stocks, but the main reason is that more and more investors speculate that Feder may soon turn to a more dovish stance, especially after the market turmoil in the past few weeks."
In addition, on October 3 local time, the United Nations Conference on Trade and Development warned that this year the United States' sharp rate hike in will reduce from developing countries outside China by about $360 billion in future revenue, and more difficulties may occur in the future. At present, 46 developing countries have been seriously affected by various economic shocks, exacerbating the threat of the global debt crisis.
In terms of European stock markets, the three major European stock indexes rose across the board on the same day. The 100 stock average price index of London stock market in the UK closed at 7086.46 points on the 4th local time, up 177.70 points from the previous trading day, an increase of 2.57%. The CAC40 index of Paris stock market in France closed at 6039.69 points, up 245.54 points from the previous trading day, an increase of 4.24%. The DAX index of Frankfurt Stock Market in Germany closed at 12,670.48 points, up 461.00 points from the previous trading day, an increase of 3.78%.
In terms of international oil prices, Brent 2 crude oil futures closed up $2.49, or 3.31%, at $91.80 per barrel; WTI November crude oil futures closed up $2.89, or 3.45%, at $86.52 per barrel.
In terms of gold prices, the most active December gold futures market trading price in the New York Mercantile Exchange rose by $28.5 compared with the previous trading day, closing at $1,730.5 per ounce, an increase of 1.67%.
USD index fell sharply, and as of the late New York foreign exchange market, the USD index, which measures the USD against six major currencies, fell 1.50% to 110.0690.
(China News Service)
