China-Singapore Jingwei client April 10th, EDT Thursday, the three major US stock indexes closed higher for two consecutive trading days. The Dow once rose nearly 600 points during the session and returned to the 24,000 mark, after which the gains narrowed. US energy stocks followed the rise in oil prices during the session and rallied, then fell back and fell across the board. Financial stocks rose sharply, and most of the popular stocks rose.

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

As of the close, the Dow Jones Industrial Index rose 285.80 points, or 1.22%, to 23719.37 points; the Nasdaq rose 62.68 points, or 0.77%, to 8153.58 points; the S & P 500 index rose 39.84 points, or 1.45%, to 2798.82 points .

On the news, the Fed announced that it would take new measures and provide loans of up to 2.3 trillion US dollars to support the economy. The new measures include public enterprise loan plans and municipal liquidity facilities. Among them, municipal liquidity facilities can provide up to US $ 500 billion in loans, and the Volkswagen Corporate Loan Program can provide up to US $ 600 billion in loans.

Large US technology stocks were mixed, with Apple up 0.72%, Amazon down 0.01%, Netflix down 0.11%, Google down 0.04%, Facebook up 0.52%, and Microsoft up 0.01%.

US financial stocks rose collectively, JP Morgan Chase rose 8.95%, Goldman Sachs rose 4.16%, Citi rose 7.07%, Morgan Stanley rose 4.32%, Bank of America rose 5.97%, Wells Fargo rose 9.61%, Berkshire Hathaway Rose 1.23%.

US energy stocks fell across the board, Exxon Mobil fell 1.76%, Chevron fell 1.91%, ConocoPhillips fell 2.61%, Schlumberger fell 4.75%, EOG Energy fell 1.04%.

The price trend of some oils in the US and cloth. Source: Wind

Intraday, there is market news that OPEC + and other oil-producing countries will discuss a reduction of 20 million barrels per day, much higher than the previously expected 10 million barrels per day. Affected by this, international oil prices surged upwards, with U.S. oil rising by more than 13% and cloth oil by more than 10%. US energy stocks followed the rise in oil prices, Exxon Mobil rose more than 6%, Chevron rose more than 4%.

Since then, according to CCTV News, many local media in Saudi Arabia have reported that the OPEC + emergency meeting reached a preliminary output reduction intention. The first phase will reduce production of 10 million barrels of crude oil per day in May and June of this year. The production reduction agreement will be valid for two years. . Due to lower-than-expected production cuts, the U.S. and Cloth Oil quickly smoothed their earlier gains, and both turned down, and US energy stocks also fell across the board.

In terms of Chinese stocks, most of the popular Chinese stocks rose, Alibaba rose 0.09%, Jingdong rose 2.4%, Baidu rose 1.72%; who learned from it rose 9.12%, iQiyi rose 5.21%, Weibo rose 0.23%, and more It rose 3.35%, Weilai Automobile fell 2.92%, and in the future it fell 2.46%.

For European stocks, the three major European stock indexes rose across the board. The British FTSE 100 index rose 164.93 points, or 2.90%, to 5842.66 points; the French CAC40 index rose 64.10 points, or 1.44%, to 4506.85 points; the German DAX index rose 231.85 points, or 2.24%, to 10564.74 points.

In terms of international oil prices, WTI May crude oil futures closed down 9.29% at 22.76 USD / barrel; Brent June crude oil futures closed down 3.17% at 31.80 USD / barrel.

In terms of international gold prices, COMEX June gold futures closed up US $ 68.5, or 4.07%, at US $ 1752.80 per ounce, the highest since October 2012.

The US dollar index fell on the 9th. As of the end of New York's currency market, the US dollar index, which measures the US dollar against six major currencies, fell 0.49% to 99.6244. (Sino-Singapore Jingwei app)