U.S. stocks plunge again, Dow plunges 1464 points and enters bear market

China-Singapore Jingwei Client, March 12th-US stocks closed on Wednesday, the three major stock indexes fell collectively again. The Dow fell more than 1,400 points and fell into a technical bear market. Boeing closed down about 19%, the lowest since June 2017.

Timeshare chart of the three major US stock indexes. Source: Wind

At the close, the Dow fell 1649.94 points, or 5.86%, to 23553.22 points; the Nasdaq fell 392.20 points, or 4.70%, to 7952.05 points; the S & P 500 index fell 140.85 points, or 4.89%, to 2741.38 points.

In terms of sub-sectors, large-scale U.S. technology stocks were lower across the board. Apple fell 3.47%, Amazon fell 3.75%, Naifei fell 3.9%, Google fell 5.04%, Facebook fell 4.46%, and Microsoft fell 4.53%.

U.S. financial stocks fell across the board, JPMorgan Chase fell 4.72%, Goldman Sachs fell 6.78%, Citigroup fell 8.62%, Morgan Stanley fell 6.71%, Bank of America fell 4.02%, Wells Fargo fell 7.88%, and Berkshire Hathaway fell 3.39%.

US energy stocks were lower across the board, Exxon Mobil fell 3.29%, Chevron fell 2.21%, ConocoPhillips fell 6.65%, Schlumberger fell 4.45%, and EOG Energy fell 6.44%.

Most of the hot stocks closed down, Alibaba fell 3.74%, JD.com fell 0.65%, and Baidu fell 3.27%; Xinerfu fell 42.22%, Wanda Sports fell 13.62%, Weibo fell 4.88%, Pinduo fell 6.98%, Weidu Cars fell 5%; Magic Line rose 33.33%.

As for European stocks, the three major stock indexes closed lower across the board. Germany's Frankfurt stock market DAX index fell 36.81 points, or 0.35%, to close at 10438.68 points; the Paris stock market CAC40 index closed at 4610.25 points, down 26.36 points from the previous trading day, a decline of 0.57%; the London stock market " The Financial Times average price index of 100 stocks closed at 5876.52 points on the 11th, down 83.71 points or 1.40% from the previous trading day.

Oil prices in New York fell, and New York light crude futures for April delivery fell by $ 1.38 to close at $ 32.98 per barrel.

The international gold price fell. The most active April gold futures price on the New York Mercantile Exchange gold futures market fell by $ 18 on the 11th from the previous trading day to close at $ 1642.3 per ounce, a decrease of 1.08%.

The US dollar index rose slightly on the 11th. As of late trading in the New York currency market, the US dollar index, which measures the dollar against six major currencies, rose 0.07% to 96.5107. (Zhongxin Jingwei APP)