The three major indexes of U.S. stocks fell across the board this week, with Apple, Amazon, Microsoft, Google, Tesla and Meta losing $125.35 billion (about 892.5 billion yuan) in value. The U.S. stock and bond markets will be closed next Thursday for Thanksgiving and early next Friday.
Comprehensive Xinhua News Agency and CCTV news reported that a snowstorm in the western part of New York State in the United States has killed at least three people. Tesla will recall more than 321,000 vehicles in the U.S. because of intermittent failure to illuminate vehicle taillights.
Rosatom said on November 19, local time, that the Ukrainian military launched large-scale artillery strikes on the Zaporizhzhya nuclear power plant and nearby areas for the first time since late September.
The value of the six major technology stock markets lost nearly 900 billion yuan this week
This week, the three major indexes of U.S. stocks fell across the board, with the Dow Jones Industrial Index, NASDAQ and S&P 500 falling by 0.01%, 1.57% and 0.69% respectively.
Among the large technology stocks, Tesla fell 8.05% this week, losing $49.83 billion in market value; Amazon fell 6.60% this week, losing $67.84 billion in market value; Microsoft fell 2.11% this week, losing $43.91 billion in market value; Meta fell 0.86% this week, losing $2.57 billion in market value; Google parent company Alphabet rose 1.06% this week, with a market value increase of $13.51 billion; Apple rose 1.06% this week. The market capitalization increased by $25.29 billion. The six largest technology stocks lost a combined US$125.35 billion (892.5 billion yuan) in market value this week.
Atlanta Fed President Rafael Bostic said his plan is to shift from a 75 basis point rate hike to a continued rate hike to 4.75%-5% in the next few meetings, which he described as a "moderately restrictive landing rate."
Wells Fargo analyst Chris Harvey expects the S&P 500 to fluctuate around 3,950 by mid-December, when inflation data and the Fed's decision will provide clearer information to investors.
Next week, the Thanksgiving holiday is coming, and the U.S. stock and bond markets will be closed next Thursday for Thanksgiving and closed early next Friday. It is worth noting that next Thursday, the Fed FOMC will publish the minutes of the November monetary policy meeting.
Tesla plans to recall 321,000 vehicles in the United States
According to a document released by Tesla quoted by the media on November 19, local time, Tesla will recall more than 321,000 vehicles in the United States because of the intermittent failure of vehicle taillights.
According to Tesla's filing with the National Highway Traffic Safety Administration (NHTSA), the taillight-related recall involves Tesla's 2023 Model 3 and 2020-2023 Model Y vehicles, Tesla said it will deploy an over-the-air update to correct the taillight problem, and said there were no reports of crashes or injuries related to the recall.
Russia said it launched an offensive operation
Ukraine said that it repelled the attack of the Russian army
On the 19th local time, the Russian Ministry of Defense released the latest battle situation, saying that the Russian army launched an offensive operation in the Donetsk region. In addition, the Russian army repelled the offensive of the Ukrainian army in the Red Liman direction, in the Kupyansk direction of the Kharkov region. Russian aviation units, missile and artillery units have hit 9 command posts of the Ukrainian army in the past day and night.
On the same day, the General Staff of the Armed Forces of Ukraine announced that the Russian army launched an attack on the Ukrainian army in the direction of Bakhmut, Avdeyevka and other directions in the Donetsk region, and the Ukrainian army repelled the attack of the Russian army in many places. Ukrainian missile and artillery units struck at Russian ammunition depots.
The Russian side said that the Ukrainian army shelled the nuclear power plant again
Rosatom said on November 19, local time, that the Ukrainian military launched large-scale artillery strikes on the Zaporizhzhya nuclear power plant and nearby areas for the first time since late September. The Russian side said that the Ukrainian army fired 12 rockets at the Zaporizhzhya nuclear power plant in less than 30 minutes, of which 6 hit the reactor cooling pool and 2 hit the storage area of spent fuel rods.
Because there is still a danger of another attack by the Ukrainian army, the specific losses caused by the shelling cannot be determined. However, there were no casualties among the nuclear power plant staff. In response to Russia's accusations, the Ukrainian side has not yet responded.
The Crimean Bridge Road Bridge was restored to traffic
On the 19th local time, the Russian Ministry of Transport announced that after the restoration of maintenance work, the highway bridge part of the Crimean Bridge has been restored to traffic.
Russian Deputy Prime Minister Husnulin said on the same day that the pre-installation of the 4 sections of the bridge deck that was blown up by the Crimean Highway Bridge has been completed. The first and second sections have been installed in their intended positions and the gaps are being treated, while the third and fourth decks will soon be in place and the next phase of work will begin.
A fire broke out at a gas station in Russia's Leningrad region
On the 19th local time, a fire broke out in a building outside St. Petersburg, the capital of Russia's Leningrad region, and witnesses said that there was an explosion. TASS quoted the government of the Leningrad region as saying that a fire broke out at a gas station in Vsevolozhsk, the region, and firefighters are working to extinguish the fire. In addition, the governor of the Leningrad region said that fire trucks have been used to participate in fire fighting work.
According to local media reports in St. Petersburg, the fire has been controlled and there are no casualties reported.
A snowstorm in the US state of New York has killed 3 people
As the temperature plummeted, snow began to fall in western New York on the 17th, and the snow gradually strengthened. New York Governor Cathy Hochul declared a state of emergency in 11 counties in the state on the same day.
According to media reports on November 19, local time, a snowstorm in western New York has killed at least 3 people.
Cathy Hochul said at a press briefing held on the same day that New York State had a record amount of snowfall in 24 hours, and more than 1,600 users in the state have been without power. She said more than 150 National Guard members have been activated to assist in responding to the blizzard weather and will sign a request for federal emergency to provide federal funding assistance to the state. Hochul also stressed that travel bans remain in place in areas of New York State with severe snowstorms and urged people to stay home and not go out.
According to the National Weather Service warning, the current snowfall rate in Lake Erie and Lake Ontario is as high as 3 inches (about 7.62 cm) per hour, and in some areas it is as high as 6 inches (about 15.4 cm) per hour, and severe snowstorms may continue until the morning of the 21st.
Editors: Li Ruoyu Wang Yin
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