On Tuesday, Eastern Time, the three major indexes of US stocks closed mixed ups and downs, and the Nasdaq and S&P 500 index fell for the fifth consecutive trading day. Amgen rose 5.72%, Walmart rose 2.63%, leading the Dow Jones Industrial Average; TSMC fell 5.95%, and the industry is worried that the recession of the semiconductor industry will continue.
Screenshot Source: Wind
As of the close, the Dow Jones Industrial Average rose 36.31 points, and rose at 0.12%, to 29239.19 points; the Nasdaq fell 115.91 points, or 1.10%, to 10426.19 points, to a new low of ; the S&P 500 fell 23.55 points, or 0.65%, to 3588.84 points.
Large technology stock fell across the board, Apple fell 1.03%, Amazon fell 1.28%, Netflix fell 6.82%, Google fell 0.69%, Facebook fell 3.92%, Microsoft fell 1.68%.
Bank stocks fell across the board, JPMorgan Chase fell 2.87%, Goldman Sachs fell 2.11%, Citi fell 2.72%, Morgan Stanley fell 1.79%, Bank of America fell 3%, and Wells Fargo fell 2.94%.
anti-epidemic concept stock rose and fell mixed, Moderna fell 2.19%, Gilead Science rose 1.88%, Novavax Pharmaceuticals rose 6.69%, BioNTech fell 4.29%, and AstraZeneca rose 2.01%.
Popular Chinese stocks most fell, with Daily Youxian falling 13.61%, Shengmei Semiconductor falling 11.84%, Ctrip fell 11.17%, Four Seasons Education fell 9.78%, Yum China fell 7.37%, Bilibili fell 7.25%, China Southern Airlines fell 6.95%, Zai Lab Medical fell 6.47%; in terms of increase, Shangmai Technology rose 35.14%, group car rose 10.99%, Tianmei Bio rose 8.29%, and Tuniu rose 3.88%. Chinese new energy vehicle stocks rose and fell mixed, with NIO falling 3.43%, Xiaopeng Motors falling 1.57%, and Ideal Auto rising 3.58%. In terms of
news, International Monetary Fund released a new issue of "World Economic Outlook", lowering the US economic growth forecast in 2022 by 0.7 percentage points to 1.6% from 2.3% forecast in July, and the forecast for 2023 remains unchanged at 1%. The report pointed out that the current global economy of is facing many challenges, with inflation reaching the highest level in decades, the tightening of the financial environment in most regions, the Ukrainian crisis and the continued COVID-19 epidemic, which seriously affect the prospects of global economic growth.
In terms of economic data, the United States will soon release a batch of important data, including Wednesday's producer price index (PPI), Thursday's consumer price index (CPI) and Friday's retail sales data. Among them, the September CPI inflation data will reveal whether the previous rate hike of the Federal Reserve played an effective role in curbing inflation. If inflation continues to soar, it may further strengthen the Fed's expectation of a 75 basis point rate hike in November.
In terms of European stock markets, German DAX index closed down 0.43% at 12,220.25 points, French CAC40 index closed down 0.13% at 5833.2 points, and the UK FTSE 100 index closed down 1.06% at 6885.23 points.
In terms of oil prices, WTI November crude oil futures closed down $1.78, down 1.95%, at $89.35 per barrel. Brent 2 December crude oil futures closed down $1.90, down 1.97%, at $94.29 per barrel.
In terms of gold prices, the most active December gold futures market trading price in the New York Mercantile Exchange rose by $10.8 compared with the previous trading day, closing at $1,686 per ounce, an increase of 0.64%.
As of the end of the New York foreign exchange market, the index of the U.S. dollar against six major currencies rose 0.06% to 113.2150.
