Treasury yields continue to climb U.S. stocks collectively closed down The Dow fell nearly 350 points to the Nasdaq into a pullback range

Financial circles on January 20 news, the market digested the impact of inflation and the prospect of the Fed interest rate hike, but the Treasury yield continued to climb dragged technology stocks and bank stocks lower, the US stock market shock collectively closed down throughout the day, the Dow fell nearly 350 points; the NASDAQ fell more than 1%; new energy vehicle stocks, bank stocks, infrastructure stocks fell in the front, silver stocks, gold stocks collectively rose Valneva surged 45.01%, SOFI rose 13.68%, Harmony Gold closed up 16.34%, Dingdong Grocery Fell 23.76%, Daily Fresh fell 10.17%, and Xiaopeng Motors fell 7.43%

By the close, the Dow Jones was down 339.62 points, or 0.96 percent, at 35,028.85 points; the S&P 500 was down 43.77 points, or 0.96 percent, at 4,533.57 points; the Nasdaq Composite was down 166.6 points, or 1.15 percent, at 14,340.3 points, and the NASDAQ fell 10.7 percent from its record high of November 19 last year.

Hot Chinese stocks closed up and down on Wednesday, with new energy vehicle stocks falling; Weimei hologram rose more than 16%, and the company is accelerating the industrial "meta-cosmosification" layout. Renren Company rose more than 15%, BOSS direct employment rose more than 8%, Red, Yellow and Blue rose more than 7%, 36Kr rose nearly 6%, Lanting Jishi rose more than 5%, Pinduoduo, NetEase Youdao, the Ninth City rose more than 4%, New Oriental, Futu Holdings, Autohome rose more than 2%, NetEase, 51job, Douyu, Qutoutiao, Yunmi Technology, 21Vianet, Tiger Securities, Baidu, Xunlei rose more than 1%, iQiyi, Wuxin Technology rose nearly 1%.

Dingdong buy vegetables fell nearly 24%, Daily Excellent Fresh fell more than 10%, Best Group, Bit Number fell nearly 9%, Best Group fell more than 8%, Cheetah Mobile fell more than 5%, Phoenix New Media, Kingsoft Cloud fell more than 3%, Zhihu fell nearly 3%, Fang Tianxia, Leju, Uxin fell more than 2%, China Net Carrier Fell nearly 2%, JD.com, Tencent Music fell more than 1%. Among the new energy vehicle stocks, Xiaopeng Automobile fell more than 7%, Ideal Automobile fell nearly 4%, and Weilai Automobile fell more than 3%.

Gold rose $30.80, or 1.7%, at $1,843.20 an ounce in February, following a fall in all three trading days. According to FactSet, the most active contract prices closed at their highest level since November 19 and their biggest one-day gain since December last year. Silver, which delivered in March, rose 74 cents to close to $24.231 an ounce, its highest level since Nov. 22. Silver is expected to rise more than 5% weekly, and gold futures prices rose around 1.4% this week. West Texas Intermediate crude for February deliveries on the New York Mercantile Exchange closed at $86.96 a barrel, up $1.53 or 1.8 percent, at one point as high as $87.92 a barrel during the session. The most active March WTI contract rose 97 cents to $85.80 a barrel and rose 1.1 percent. Brent crude oil rose 93 cents to $88.44 a barrel in March, the global benchmark for ICE European Futures Exchange, after hitting a high of $89.17. Under the near-month contract, both WTI and Brent crude settled at their highest levels since October 2014.

U.S. Treasury Secretary Janet Yellen believes that Omicron will not derail the U.S. economic recovery

U.S. Treasury Secretary Janet Yellen said she doesn't expect the coronavirus omicron variant to disrupt the ongoing economic recovery.

"Yes, OMICRON poses a challenge that could affect some of the data in the coming months," Yellen said in a speech at the U.S. Mayors' Meeting on Wednesday. "But I am confident that it will not derail one of the strongest periods of economic growth in a century." Yellen said high vaccination rates in the United States prevented the variant from having a more severe impact.

ECB insists rate hikes are unlikely in 2022 Financial markets are not convinced

Financial markets have their own views on when the ECB will initiate a rate hike. While ECB officials insist that rate hikes are unlikely in 2022, money markets predict deposit rates will rise by 10 basis points to -0.4 percent as early as September and emerge from negative territory for the first time since 2014 by the end of next year.

Eurozone inflation data for the month released after the ECB's December meeting was stronger than expected. Instead of slowing down, the price rally accelerated further, with gains reaching a record high of 5 percent. The recent spike in energy costs means inflation is likely to remain high for longer, but ECB officials expect inflation to fall this year. The market is not convinced.

"It's hard to see a renewed belief in inflation being temporary anytime soon, because the data for the coming months will still be grim," said Sandra Holdsworth, head of interest rates at Aegon Asset Management. "The market will be nervous before the ECB meeting in March, because of fears that the ECB will change its policy and may even accelerate the pace of code reductions like the Fed."

Report: Retail investors are showing signs of weakness after last year's trading frenzy

Vanda Research analysts said in their weekly report that retail investors were not enthusiastic about the bottoming out of Tuesday's U.S. stock plunge, the latest sign of possible weakness in retail trading after last year's tech stocks triggered a trading frenzy.

Retail investors bought $1.6 billion in stocks on Tuesday, and U.S. stocks fell sharply on the day as Goldman Sachs' performance weakened and Treasury yields soared. By comparison, retail investors bought nearly $2 billion when the S&P 500 fell 2 percent on Sept. 28 last year. "Retail investors are buying much less than usual," Vanda Research analysts Ben Onatibia and Giacomo Pierantoni said of Tuesday's deal. "This could be the first sign of weakness or capitulation in retail trading, at least in the tech space."

At the time of the report's release, the market's enthusiasm for "meme stocks" seems to be fading. The gameStop Corp frenzy has passed a year ago, when retail investors huddled together to launch a sniper war.

Prime Minister Johnson announced that he would relax the epidemic prevention restrictions

British Prime Minister Boris Johnson said that the COVID-19 epidemic in England has eased, so people are no longer required to work from home. "It's time for everyone to discuss arrangements with employers about returning to the office," Johnson said in the House of Commons on Wednesday.

He said the mandatory wearing of masks in shops and public transport would be lifted on Jan. 27, as would the requirement for vaccination certificates. The move would undo regulations that began last December, when the OMICRON outbreak spread rapidly in the UK. Johnson said he still encouraged people to wear masks in "crowded, closed" spaces, but "we believe the judgment of the British people".

However, Michael Head, senior researcher of global health at the University of Southampton, said: "The epidemic is not 'over' in any way, we can only say that the UK has sprouted a green shoot of recovery, but the future epidemic prevention policy must not be complacent." ”

The news is that the iPhone SE with 5G capabilities will be released in April or May

Apple is reportedly stepping up production of the 5G iPhone SE, which could be released in April or May. The report quoted display industry consultant Ross Young as saying that the panel production of the display for the iPhone SE 3 will begin this month, and the actual production of the phone itself may start in March.

The design of the new iPhone SE is expected to be very similar to the current model, with a 4.7-inch display, home button and Touch ID. In addition to the 5G-enabled iPhone SE, Apple is likely to launch a new iPad Air at the spring conference, and may also launch some new services as in previous spring conferences.

Canadian consumer price inflation hit 4.8% in December, the highest since 1991

Canada's consumer price inflation rose to its highest level in 30 years in December, increasing pressure on the Bank of Canada to quickly start raising interest rates. According to data released by Statistics Canada in Ottawa on Wednesday, annualized inflation was 4.8 percent in December, up from 4.7 percent in November. The December data is in line with economists' expectations.

The average core inflation indicator rose to 2.93 percent, the highest level in decades. The Consumer Price Index fell 0.1% month-on-month in December as gasoline prices fell. Wednesday's report will reinforce expectations that Tiff Macklem-led central bankers will start a rate hike cycle as early as next week. The market is pricing up to six rate hikes up to possible over the next 12 months.

Accelerate the industrial "meta-universe" layout, and the stock price of Micro-American Hologram has risen sharply

Micro-American hologram is accelerating the industrial "meta-universe" layout. The arrival of the metaverse provides the best soil and opportunity for the 5G light field vision of Weimei Holographic to interact with AI virtual people.

Previously, Weimei Holography established an academy of sciences, committed to holographic AI visual exploration technology unknown, to carry out basic science and innovative technology research, the current micro-american holographic computer vision AI to achieve, synthetic image information acquisition fineness is higher than the industry level, computer holographic vision AI synthesis processing capabilities are better than the industry average.

Qilian International's nitrofurantoin enteric-coated tablets have been approved for sale in Gansu Province

Qilian International was approved by the Gansu Provincial Drug Administration to sell its newly developed nitrofurantoin enteric-coated tablets. The company said that nitrofurantoin enteric-coated tablets are mainly used to treat acute simple lower urinary tract infections caused by bacteria such as Escherichia coli, Enterococcus, Staphylococcus spp., Klebsiella spp. and Enterobacter spp.

Xin Zhanchang, Chairman and Chief Executive Officer of the Company, said: "We expect that our nitrofurantoin enteric-coated tablets will further increase the company's product line in the pharmaceutical field and further enhance the company's competitiveness and market expansion capabilities. ”

This article originated from the financial world