Sino-Singapore Jingwei Client, February 28th. This week, US stocks have plummeted due to panic. On Thursday, Eastern time, after the previous fall of more than a thousand points, the Dow once again fell sharply, fell more than 4%, fell nearly 1,200 points, the first four trading days of the week fell more than 3200 points. In addition, the Nasdaq and the S & P 500 also fell more than 4%, and the S & P 500 index fell below 3,000 points for the first time since October last year.

The Dow is trending recently. Source: Wind

As of the close, the Dow fell 1119.95 points, or 4.42%, to 25766.64 points; the Nasdaq fell 414.30 points, or 4.61%, to 8568.48 points; the S & P 500 index fell 137.63 points, or 4.42%, to 2987.76 points. So far, US stocks have fallen for six consecutive trading days.

Large U.S. technology stocks were lower across the board, with Apple down 6.54%, Amazon down 4.81%, Nai Fei down 1.99%, Google down 5.43%, Facebook down 3.78%, and Microsoft down 7.05%.

Most US energy stocks fell, Exxon Mobil fell 6.02%, Chevron fell 4.11%, ConocoPhillips fell 7.88%, Schlumberger fell 5.43%, and EOG Energy fell 5.33%.

U.S. financial stocks fell more or less, JPMorgan Chase fell 4.20%, Goldman Sachs fell 4.76%, Citigroup fell 5.49%, Morgan Stanley fell 3.87%, Bank of America fell 4.90%, Wells Fargo fell 3.81%, and Berkshire Hasa Wei fell 3.30%.

Most of the hot stocks closed down, Alibaba fell 1.78%, JD.com fell 3.81%, Baidu fell 2.94%; Worry-Free English fell 17.08%, Four Seasons Education fell 10.18%, Weilai Automobile fell 4.61%, NetEase fell 6.92%, 500 Lottery.com rose 13.32% and Pinduoduo rose 1.88%.

It is not only US stocks that have suffered a "blood wash", but the European stock market has also closed down sharply. All three major European stock indexes have fallen by more than 3%. The British FTSE 100 Index fell 246.07 points, or a decrease of 3.49%, to 6,786.40 points; the French CAC40 Index fell 188.95 points, or a 3.32% decrease, to 5,495.60 points; the German DAX Index fell 407.42 points, or a 3.19% decrease, to 12,367.46 points.

In addition, the 10-year Treasury yield on US stocks once fell to a record low, and the panic index VIX expanded its intraday gain to more than 40%.

International oil prices fell for five consecutive days. WTI crude oil closed down 1.64 US dollars / barrel, a decline of 3.37%, to close at 47.09 US dollars / barrel. Brent crude oil closed down $ 1.25 per barrel, a decline of 2.34%, to close at $ 52.18 per barrel.

The international gold price fell slightly. The most active April gold futures price on the New York Mercantile Exchange gold futures market fell by 0.6 US dollars to close at 1642.5 US dollars per ounce, a decrease of 0.04%.

The US dollar index fell, and as of late trading in New York, the US dollar index, which measures the dollar against six major currencies, fell 0.50% to 98.5145. (Zhongxin Jingwei APP)

(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky and you must be cautious when entering the market.)