China-Singapore Jingwei client, April 9 (Xinhua Eastern Time), the three major U.S. stock indexes opened higher across the board, and their gains fell slightly at the beginning of the session. The Dow rose nearly 800 points, the S & P 500 rose more than 3.4%, and the Nasdaq rose nearly 2.6%. Most large technology stocks rose, while financial stocks and energy stocks rose.
The three major US stock index time-sharing charts. Source: Wind
As of the close, the Dow Jones Industrial Index rose 779.71 points, or 3.44%, to 23433.57 points; the Nasdaq index rose 203.64 points, or 2.58%, to 8090.90 points; the S & P 500 index rose 90.57 points, or 3.41%, to 2749.98 points .
Most large US technology stocks closed up, with Apple up 2.56%, Amazon up 1.56%, Netflix down 0.31%, Google up 2.07%, Facebook up 3.23%, and Microsoft up 1%.
US financial stocks rose collectively, JP Morgan Chase rose 3.98%, Goldman Sachs rose 6.55%, Citigroup rose 7.27%, Morgan Stanley rose 6.58%, Bank of America rose 5.69%, Wells Fargo rose 5.21%, Berkshire Hathaway rose 3.65%.
US energy stocks rose, Exxon Mobil rose 6.35%, Chevron rose 6.33%, ConocoPhillips rose 7.27%, Schlumberger rose 4.92%, EOG Energy rose 9.7%.
Most of the popular Chinese stocks fell, Alibaba fell 1.08%, JD.com fell 1.95%, Baidu fell 4.38%; Mass Education fell 9.93%, good future fell 6.84%, with whom to learn fell 6.16%, iQiyi fell 4.57%, slightly Bo fell 3%, Pinduoduo fell 2.26%; Magic Line rose 64.15%, Renren.com rose 18.28%, and Weilai Automobile rose 1.48%.
Since the end of February, US stocks have started a plunge mode. Taking the Dow as an example, February 21 (Friday) Eastern Time, closed down slightly by 0.78% to 28992.41 points. On February 24 (Monday), the Dow gapped open lower, and fell sharply by 3.56%. Afterwards, it went all the way down and fell to the recent low of 18213.65 points on March 23. In the past month after February 24, it dropped by about 10800 points, a cumulative decrease of nearly 36%.
The Dow Jones Industrial Index has fallen since February 24. Source: Wind
In March, the Fed continued to push zero interest rates, unlimited QE initiatives and multiple liquidity tools. In the last few trading days of March, US stocks stabilized and recovered. On Monday (April 6), stimulated by factors such as signs of improvement in the international epidemic, the three major US stock indexes all rose by more than 7%, and closed again on Wednesday. As of now, the Dow has fallen by 19.17% since February 24, which has risen more than 5,200 points from the recent low and recovered nearly half of the lost ground.
For European stocks, the three major European stock indexes ended two consecutive gains. The British FTSE 100 index fell 26.72 points, or 0.47%, to 5677.73 points; the French CAC40 index rose 4.48 points, or 0.10%, to 4444.75 points; the German DAX index fell 23.81 points, or 0.23%, to 10332.89 points.
In terms of international oil prices, WTI May crude oil futures prices rose 1.46 US dollars, or 6.18%, to close at 25.09 US dollars / barrel.
In terms of international gold prices, COMEX June gold futures prices rose slightly by US $ 0.6 to close at US $ 1684.3 per ounce, an increase of 0.04%.
The US dollar index rose on the 8th. As of the end of New York's currency market, the US dollar index, which measures the US dollar against six major currencies, rose 0.21% to 100.1148. (Sino-Singapore Jingwei app)
(The opinions in this article are for reference only, and do not constitute investment advice. Investment is risky and you need to be cautious when entering the market.)