U.S. stock market: On Thursday, U.S. Eastern Time, the three major U.S. stock indexes opened low and went high, rising across the board, of which the Nasdaq rebounded more than 6% from its intraday lows, and by the close, the Dow rose 92.07 points to close at 33223.83 points, up 0.28%; the Nasdaq rose 436.09 points to close at 13473.58 points, up 3.34%,; and the S&P 500 index rose 63.20 points to close at 4288.70 points, up 1.50%.
On the intraday, technology stocks collectively strengthened, the semiconductor sector rose in the front, AMD (Chaowei Semiconductor), Netflix, NVIDIA rose more than 6%, Microsoft rose more than 5%, Tesla, Intel, Meta Platforms, Amazon rose more than 4%, Google closed up 4%, Asma, Qualcomm rose nearly 4%, Apple rose more than 1%; bank stocks collectively fell, Barclays fell more than 7%, Citigroup fell more than 4%, JPMorgan Chase, Bank of America, TD Bank, Wells Fargo bank all fell more than 2%.
European stock market: On Thursday, European time, the main European stock index fell across the board, the UK FTSE 100 index closed at 7207.01 points, down 291.17 points from the previous session, a decline of 3.88%, the largest one-day decline since June 2020; the French CAC40 index closed at 6521.05 points, down 259.62 points from the previous session, a decline of 3.83% The German DAX30 index closed at 14052.10 points, down 579.26 points, or 3.96%, from the previous session; the Russian RTS index closed at 742.91 points, down 461.20 points, or 38.30%, from the previous session.
Commodity markets: On Thursday, Eastern Time, international oil prices rushed back down, and as of the close, New York April crude oil futures closed up $0.71, or 0.77%, at $92.81/barrel, after rising more than 9% at one point, reaching a maximum of $100.54/b; Brent's April crude futures closed up $2.24, up 2.31%, at $99.08/barrel, up as high as $102.26/barrel. International gold prices rose, and as of the close, the most actively traded April gold futures price on the New York Mercantile Exchange gold futures market rose $15.9 from the previous session, closing at $1926.3 an ounce, an increase of 0.83%, a new high since January 5, 2021.
The following is a summary of key global market information:
Overnight news
US President Joe Biden: Freeze all Russian assets in the United States Impose tougher sanctions on Russia
On February 24, local time, US President Joe Biden delivered a speech at the White House on the situation in Ukraine. Biden said all Russian assets in the U.S. would be frozen. Biden said the United States would work with allies to limit Russia's ability to do business with dollars, euros, pounds and yen. Biden said the U.S. would impose tougher sanctions and restrictions on Russia. Biden said it is estimated that U.S. and allied sanctions against Russia will cut off more than half of Russia's high-tech imports and technologies.
The EU seems hesitant to kick Russia out of SWIFT the EU's proposals
Since the situation in Russia and Ukraine heated up at the beginning of the month, some Western countries have proposed sanctions to "exclude Russia from SWIFT". But according to Reuters, several sources said the EU was unlikely to take the measure at this stage. They explained that some countries in the EUROPEAN Union are reluctant to take such a move, arguing that "while this will be a heavy blow to the Russian banking system, it will be difficult for European creditors to get their money back, and Russia can also build an alternative payment system." ”
Add a new vendetta? The U.S. SEC is allegedly investigating a transaction in which Musk and his brother sold Tesla stock
According to sources quoted by the Wall Street Journal, the U.S. Securities and Exchange Commission (SEC) is investigating whether Tesla CEO Elon Musk and his brother Kimbal Musk violated insider trading rules. According to people familiar with the matter, the SEC's investigation began last year. Musk launched a vote on Twitter on November 6 last year, asking his fans if he should sell 10 percent of tesla stock. The poll results show that of the 3.5 million votes, nearly 58% support the sale. Musk then began a series of sell-offs. Since then, Tesla's stock price has fallen all the way, falling by about 33% cumulatively.
MODENA CEO: COVID-19 is turning into an endemic disease, but a fourth dose is still needed this fall
Paul Burton, chief medical officer at Modena, said that in some parts of the world, the new crown epidemic is turning from a pandemic stage to an "endemic" (endemic), and the northern hemisphere is expected to enter a period of relative stability. Stephane Bancel said that although the COVID-19 epidemic in parts of the world is entering the endemic phase, people will still need another booster (fourth dose) this fall, especially for people over 50 years old and those at high risk due to potential health conditions.
The number of first-time jobless claims in the United States last week was 232,000
On February 24, local time, the U.S. Department of Labor released data showing that in the week ending February 19, the number of first-time jobless claims in the United States was 232,000, less than the market expected 235,000. The number of first-time jobless claims in the previous week was revised to 249,000.
Overview of the outer disc
U.S. Stocks Reverse Higher Nasdaq Gains 3.34%
On February 24, local time, the US stock market fell sharply at the opening and then rebounded vigorously. As of the close, the Dow was up 92.07 points, or 0.28 percent, at 33,223.83. The NASDAQ rose 436.09 points, or 3.34 percent, at 13,473.58 points. The S&P 500 rose 63.20 points, or 1.50 percent, at 4288.70. The analysis believes that with the escalation of the situation in Ukraine, investors are looking for a safe haven in the large-cap technology stocks, technology stocks lead the rise, and the decline in oil prices alleviates the concern that the escalation of the situation in Ukraine may lead to an immediate deterioration of the inflation situation, helping the US stock market to erase the decline on the 24th. However, the market will continue to pay attention to the development of the situation in Russia and Ukraine in the future, as well as the direction of the Fed's monetary policy, and the shock situation is inevitable.
Major European stock indexes fell across the board The UK's FTSE 100 recorded its biggest one-day decline since June 2020
On Thursday, European time, the main European stock index fell across the board, the British FTSE 100 index closed at 7207.01 points, down 291.17 points from the previous session, down 3.88%, the largest one-day decline since June 2020; the French CAC40 index closed at 6521.05 points, down 259.62 points from the previous session, a decline of 3.83% The German DAX30 index closed at 14052.10 points, down 579.26 points, or 3.96%, from the previous session; the Russian RTS index closed at 742.91 points, down 461.20 points, or 38.30%, from the previous session.
Popular Chinese stocks rose and fell, and most of the new energy vehicles, audio and video, and blockchain concept stocks rose
On Thursday, US Eastern Time, popular Chinese stocks rose and fell, and most of the new energy vehicles, audio and video, and blockchain concept stocks rose. Among them, Faraday Future rose more than 9%, Weilai rose more than 3%, Xiaopeng Automobile rose more than 1%, Ideal Automobile fell slightly; Bilibili rose more than 6%, Litchi rose more than 5%, iQiyi rose more than 4%, Huya fell more than 4%; Ninth City rose more than 9%, Canaan Technology rose more than 6%, and Xunlei rose more than 3%. In terms of other Chinese stocks, Kingsoft Cloud rose nearly 7%, Tuya Intelligent rose more than 4%, Dingdong buy vegetables, Dada rose more than 3%, Fog Core Technology, WaterDrop, Vipshop rose more than 2%, Zhihu, Shell, NetEase Youdao, NetEase rose more than 1%, Baidu, Jingdong slightly followed up. Daily Excellent Fresh fell by more than 17%, Zhangmen Education fell by more than 4%, New Oriental fell by more than 2%, and Pinduoduo, Didi and Gaotu fell by more than 1%. Alibaba and Tencent Music closed slightly lower.
U.S. large tech stocks Jedi rebound chip stock GF surged more than 14%
On Thursday, Eastern Time, star technology stocks rebounded, Netflix rose more than 6%, Microsoft rose more than 5%, Tesla rose nearly 5%, Meta Platforms, Amazon rose more than 4%, Google-A rose 4%, Apple rose 1.67% (the above stocks opened sharply lower at the beginning of the session, of which Tesla opened more than 8%). Chip stocks also rebounded strongly, with GF up more than 14%, AMD, Nvidia up more than 6%, ON Semiconductor up more than 5%, Intel, Applied Materials, Scarlett up more than 4%, Asmay, Qualcomm up nearly 4%, NXP Semiconductors up more than 3%, Broadcom, STMicroelectronics, Texas Instruments up more than 2%, Micron Technology up more than 1%, Riyueguang Semiconductor up 0.84%; TSMC narrowed to 3.44% (down nearly 10% at the beginning of the session).
(Source: Oriental Wealth Research Center)
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