China-Singapore Jingwei Client, March 20th, US stocks closed up on Thursday. After the opening of the three major stock indexes, the trend repeated. The Dow fluctuated widely, with an amplitude of more than 1,200 points, and finally closed up by nearly 190 points. McDonald's rose over 9%, and Disney rose nearly 7%, leading the Dow.

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

Specifically, the Dow closed up 188.27 points, or 0.95%, to 20087.19 points; the Nasdaq rose 160.73 points, or 2.30%, to 7150.58 points; the S & P 500 index rose 11.29 points, or 0.47%, to 2409.39 points.

Most large U.S. technology stocks closed up. Amazon rose 2.78%, Nai Fei rose 5.25%, Google rose 1.88%, Facebook rose 4.2%, Microsoft rose 1.65%, and Apple fell 0.77%. Tesla closed up 18.39% and the stock price returned to above $ 400.

Popular stocks were mixed, Alibaba was up 0.54%, Baidu was up 7.18%, Blue Hat was up 40.09%, National Double was up 37.14%, Mushroom Street was up 31.07%, Fangda was up 17.42%, Weibo was up 9.92%, Pinduoduo rose 6.39%, NetEase rose 7.67%; Wanda Sports fell 11.11%, Qu Toutiao fell 10.73%, Weilai Automobile fell 2.26%, and JD.com fell 1.3%.

On the news, since March, the US government has introduced a series of stimulus measures including continuous emergency interest rate cuts, the restart of quantitative easing, and the injection of liquidity into the market through the purchase of huge bonds.

On Wednesday night, the U.S. Senate approved a tens of billions of dollars emergency spending package, including stimulus measures to expand unemployment insurance and provide paid sick leave to hourly workers. US President Trump signed the bill into law on Wednesday night.

On Thursday, the Federal Reserve and nine central banks, including the Reserve Bank of Australia, established temporary dollar swap mechanisms to provide dollar liquidity. According to reports, the Federal Reserve and the nine central banks of Australia, Brazil, Denmark, South Korea, Mexico, Norway, New Zealand, Singapore, and Sweden have established temporary dollar swap mechanisms. Earlier, the Federal Reserve has established such mechanisms with the European Central Bank, the Bank of Japan, the Bank of England, the Swiss National Bank, and the Bank of Canada to support the liquidity of the US dollar.

As for European stock markets, European stocks rose on Thursday. The average price index of 100 stocks in the Financial Times of the London stock market closed at 5151.61 points on the 19th, an increase of 71.03 points or 1.40% over the previous trading day. The French Paris stock market CAC40 index closed at 3855.50 points on the 19th, an increase of 100.66 points or 2.68% over the previous trading day. Germany's Frankfurt stock market DAX index rose 168.72 points on the 19th, an increase of 2.00%, to close at 8610.43 points.

The international gold price rose slightly on the 19th. The most active April gold futures price on the New York Mercantile Exchange gold futures market increased by $ 1.40 on the 19th from the previous trading day to close at $ 1479.3 per ounce, an increase of 0.09%.

International oil prices rose sharply on the 19th. The price of West Texas Intermediate Crude Oil (WTI) futures for delivery on the New York Mercantile Exchange rose by $ 4.85, or 23.8%, to close at $ 25.22 per barrel. This is the largest single-day percentage increase since WTI contract price records began in March 1983. The price of London Brent crude for May delivery rose by $ 3.59 to close at $ 28.47 per barrel, an increase of 14.43%.

The US dollar index rose on the 19th. As of late trading in the New York currency market, the US dollar index, which measures the dollar against six major currencies, rose 1.57% to 102.7468. (Zhongxin Jingwei APP)