Oriental Fortune Network reported on the 3rd that US stocks ended their three consecutive rises and closed down across the board. The Dow Jones Industrial Average fell more than 100 points, while the Nasdaq fell more than 1%. This week, the S&P 500 index rose 2.41%, the Dow Jones Industrial Average rose 2.35%, and the Nasdaq rose 2.65%. The S&P and Nasdaq scored their biggest single-week gains since May, while the Dow Jones Industrial Average recorded their biggest single-week gains since June. Apple fell 6.6%, and its intraday market value fell below the trillion-dollar mark. The non-farm data in October far exceeded expectations. Both U.S. oil and Brent Oil closed down, with U.S. oil closing down 6.6% this week, while Brent Oil fell 6%.
reminder: North America begins to implement winter time (November 5, Beijing time) and ends on March 10, 2019 (02:00 Eastern Time); trading hours in the financial markets of the United States and Canada will be delayed by one hour compared to daylight saving time.
Overview of the foreign market
The three major U.S. stock indexes closed down across the board. Apple's stock price plummeted nearly 7% and the market value fell below the trillion dollar mark for one time.
On Friday, Eastern Time, the S&P 500 closed down 17.31 points, a drop of 0.63%, at 2723.06 points. The Dow Jones Industrial Average closed down 109.91 points, or 0.43%, to 25,270.83 points. The Nasdaq Composite Index closed down 77.06 points, or 1.04%, to 7356.99 points.
technology stocks, Apple closed down 6.63% at $207.48 with a market value of $1.00211389 trillion; Broadcom closed down 3.96%, Netflix closed down 2.61%, Intel closed down 2.3%, Spotify closed down 1.54%, Nvidia closed down 1.46%, Google parent company Alphabe t closed down 1.33%, IBM closed down 0.99%, Twitter and Facebook closed down 0.92%, Qualcomm closed down 0.6%, NXP closed down 0.01%, Amazon closed down, AMD closed up 0.05%, Microsoft closed up 0.23%, Micron Technology closed up 0.5%, and Tesla closed up 0.62%.
Chinese stocks listed in JD.com closed down 5.5%, iQiyi closed down 5.12%, Baidu closed down 3.37%, Alibaba closed down 2.42%, Weibo closed down 2.26%, Sina closed down 1.68%, NetEase closed up 0.92%, Huya closed up 0.97%, and Bilibili (B site) closed up 1.69%.
Auto stocks and bank stocks have the highest gains, with major European stock indexes rising and falling
As of the close, the European STOXX 50 index rose 0.3% on Friday (November 2); the German DAX 30 index closed up 0.44% to 11,518.99 points. The French CAC 40 index closed up 0.32% to 5102.13. The FTSE 100 index closed down 0.29% at 7094.12 points.
Non-agricultural data boosted the US dollar index beyond expectations, and gold closed slightly under pressure
Eastern Time on Friday, as of the close of the market, COMEX December gold futures closed down 0.4% at $1,233.30 per ounce. As of 04:35, the US dollar index rose 0.1630% to 96.4734; the euro fell 0.0754% to 1.1392; the pound fell 0.1739% to 1.2970; the US dollar rose 0.4900% to 112.2130; the US dollar rose 0.1391% to 1.3102. The US dollar fell 0.4709% against the RMB to 6.8907.
US oil futures closed down 6.6% this week, Berry Oil fell 6%
On Friday, Eastern Time, WTI December crude oil futures closed down 0.55 US dollars, or 0.86%, at US$63.14 per barrel. Brent's January crude oil futures closed down $0.06, down 0.08%, at $72.83 per barrel. U.S. oil fell 6.6% this week, and Bergail fell 6% and recorded a decline for the fourth consecutive week. The main contract for crude oil futures of the Shanghai Futures Exchange closed down 1.28% at night to 508.80 yuan; it rose to 597.00 yuan on October 9, setting a record high for the night closing record of the main contract since the first trading day of crude oil futures of the Shanghai Futures Exchange (March 26).
overnight news
The United States added 250,000 non-agricultural employment in October, exceeding expectations, and the year-on-year growth rate of hourly wages hit the largest in nine and a half years
Data released by the U.S. Department of Labor on Friday showed that the number of non-agricultural employment in the United States increased by 250,000 in October, better than expected, with an expected increase of 200,000. The unemployment rate in October remained at 3.7%, continuing to hit the lowest level since December 1969.
Offshore RMB fell below the 6.89 mark against the US dollar, giving up more than 400 points of gains
Offshore RMB fell rapidly against the US dollar in the short term, falling below the 6.89 mark during the session, and now it is 6.8954, giving up more than 400 points of gains. Previously, the offshore RMB once rose above the 6.86 mark against the US dollar, up nearly 600 points.
Voices from all walks of life
Data Talks: The song ends and people will be separated. After Diwali Festival in November, it may be a good opportunity to short gold
Gold seems to confirm the bottom in October.In early October, the price continued to fluctuate around 1,200. However, the global stock market plunge on October 10 and 11 caused gold to rise sharply, breaking through the consolidation range in one fell swoop, reaching a high of 1243. At present, gold has confirmed the bullish structure of the low point upward move and the high point upward move, and an upward pullback seems to be imperative.
Dark October! 89% of global assets have recorded negative returns this year, setting a record of worst in history
Deutsche Bank's latest report pointed out that global assets have just experienced dark October! Since the beginning of this year, 89% of the 38 major assets have recorded negative returns. With the general decline in global stock markets, the Brazilian stock market has become the biggest dark horse.
Comments Selected
When the Federal Reserve sends a signal that the rate hike ends, it is a good day for gold.
Point72 Director and economist David Seif said in a panel discussion at the meeting: "There is almost no gold in traditional asset management."
Hotspots focus
Reasons for the outbreak of pounds The Bank of England's latest forecast hints to accelerate interest rate hikes
during the session on Thursday (November 1), the pound/dollar continued to rise, rising to a maximum of 1.2933. In addition to Brexit related news, another reason may be the hawkish tone of the Bank of England!
financial report expectations are not optimistic, Apple's market value shrank by about $70 billion
On Thursday, local time in the United States, Apple warned that sales performance in the first quarter of fiscal 2019 may be inferior to Wall Street expectations, its CEO Tim. Cook (Tim Cook) blames this on weak sales in emerging markets and increased foreign exchange costs. Apple's stock price fell 7%, and Apple's market value shrank by about $70 billion.
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