US stocks are "dumb", all three major stock indexes closed down, iQiyi was shorted and rose 3%

Sino-Singapore Jingwei client, April 8 (Eastern Time, Tuesday), US stocks failed to continue the strong last trading day, the three major stock indexes opened higher and lower, all closed slightly. US stock cruise stocks rose collectively, large technology stocks were mixed, and among the Chinese stocks, iQiyi, which was shorted by institutions, closed up more than 3%.

The three major US stock index time-sharing charts. Source: Wind

As of the close, the Dow Jones Industrial Index fell 26.13 points, or 0.12%, to 22653.86 points; the Nasdaq index fell 25.98 points, or 0.33%, to 7887.26 points; the S & P 500 index fell 4.27 points, or 0.16%, to 2659.14 points .

Large US technology stocks were mixed. Apple fell 1.16%, Netflix fell 2.02%, Google fell 0.05%, Microsoft fell 1.08%; Facebook rose 1.98%, Amazon rose 0.7%. In addition, Tesla rose 5.66%.

Most US energy stocks rose, Exxon Mobil rose 1.85%, Chevron rose 0.62%, Schlumberger rose 5.17%, ConocoPhillips rose 1.40%, EOG Energy rose 4.79%.

U.S. financial stocks rose more and fell less, JPMorgan Chase rose 1.12%, Goldman Sachs rose 4.97%, Citigroup rose 0.39%, Bank of America rose 3.46%, Wells Fargo rose 0.42%, Berkshire Hathaway rose 0.38%; Morgan Stan Profits fell 0.19%.

US cruise stocks rose collectively, Royal Caribbean Cruises rose more than 13%, and Carnival Cruises rose more than 10%.

Popular stocks rose and fell, Alibaba rose 0.76%, Jingdong rose 1.03%, Weibo rose 8.15%, Pinduoduo rose 5.56%, Weilai Auto rose 8.5%, iQiyi rose 3.22%, and good future rose 3.83 %; NetEase fell 3.15%, Baidu fell 1.12%.

In terms of individual stocks, following Ruixing Coffee, Chinese stocks iQiyi were shorted by institutions. Regarding the “exaggerated revenue of RMB 8-13 billion” in the short-selling report, iQiyi responded that the data and conclusions cited in the short-selling report were seriously untrue, and the company firmly denied all false accusations. IQiyi's share price fell more than 11% during the session, then turned higher and closed more than 3%.

For European stocks, the three major European stock indexes rose across the board. The British FTSE 100 index rose 122.06 points, or 2.19%, to 5704.45 points; the French CAC40 index rose 92.13 points, or 2.12%, to 4438.27 points; the German DAX index rose 281.53 points, or 2.79%, to 10356.70 points.

In terms of international oil prices, WTI May crude oil futures fell 2.45 US dollars, a decrease of 9.39%, to 23.63 US dollars / barrel.

In terms of international gold prices, the most active June gold futures price on the New York Mercantile Exchange's gold futures market fell by 10.2 US dollars to close at 1683.7 US dollars per ounce, a decrease of 0.6%.

The US dollar index fell on the 7th, and as of the end of the New York foreign exchange market, the US dollar index, which measures the US dollar against six major currencies, fell 0.78% to 99.9036. (Sino-Singapore Jingwei app)