China-Singapore Jingwei client April 7 (Eastern Time) Monday, the three major US stock indexes opened higher, the Dow rose more than 1,600 points. At the end of the session, the three major stock indexes rose violently. The Dow once rose more than 300 points, and fell slightly at the close. Large US technology stocks closed up, most of the popular stocks rose, and Ruixing Coffee fell more than 18%.
The three major US stock index time-sharing charts. Source: Wind
As of the close, the Dow Jones Industrial Index rose 1627.46 points, or 7.73%, to 22679.99 points; the Nasdaq rose 540.16 points, or 7.33%, to 7913.24 points; the S & P 500 index rose 175.03 points, or 7.03%, to 2663.68 points .
Large US technology stocks rose collectively, Apple rose 8.72%, Amazon rose 4.77%, Netflix rose 5.03%, Google rose 8.28%, Facebook rose 7.37%, Microsoft rose 7.44%.
Most US energy stocks rose, Exxon Mobil rose 3.11%, Chevron rose 7%, Schlumberger rose 9.66%; ConocoPhillips fell 0.43%, EOG Energy fell 1.25%.
US financial stocks generally closed up, JP Morgan Chase rose 5.62%, Goldman Sachs rose 7.55%, Citigroup rose 9.66%, Morgan Stanley rose 9.31%, Bank of America rose 6.54%, Wells Fargo Bank rose 8.81%, Berkshire Hathaway Rose 3.75%.
Most of the popular Chinese stocks rose, Alibaba rose 5%, Jingdong rose 4.19%, Baidu rose 5.91%; Dianiu Finance rose 40.82%, Vipshop rose 11.76%, Weibo rose 5.88%, Pinduo rose 4.31%, Wei Laiqi Automobile rose 3.13%, NetEase rose 3.88%; Ruixing Coffee fell 18.40%.
For individual stocks, Ruixing Coffee continued its decline. Before the US stock market on April 2, Ruixing Coffee announced that the company's internal investigation revealed that COO and some of its employees have engaged in certain misconducts since the second quarter of 2019, and the sales related to counterfeit transactions are about 2.2 billion yuan. On the same day, Ruixing Coffee plunged more than 75%, and the following day, Ruixing Coffee fell another 16%. Today (6th US Eastern Time), Luckin Coffee plunged more than 18%.
On the news, according to foreign media reports, Goldman Sachs reported that Haode Investment, the family fund of Ruixing Coffee Chairman Lu Zhengyao, defaulted due to stock pledge loans. Instructed Credit Suisse Singapore Branch as the guarantor trustee to exercise the rights of the lender against the collateral, that is, to enforce the procedures involving 76350094 shares of Ruixing Coffee American Depositary Shares (ADS).
For European stocks, the German DAX index rose 5.77% to 10075.17 points; the French CAC40 index rose 4.61% to 4346.14 points; the British FTSE 100 index rose 3.08% to 5582.39 points.
The trend of the pound against the dollar. Source: Wind
In the foreign exchange market, the British pound fell against the US dollar in the short term. As of press time, it reported 1.2242, a decrease of 0.23%. According to previous reports from the British media, the British Prime Minister's Office said that the condition of Prime Minister Johnson's new coronary pneumonia had deteriorated and he was transferred to the intensive care unit.
International oil prices fell, WTI crude oil futures closed down 2.26 US dollars, a decrease of 7.97%, reported at 26.08 US dollars / barrel.
International gold prices rose, and the most active June gold futures price on the New York Mercantile Exchange gold futures market rose by US $ 48.2 to close at US $ 1693.9 per ounce, an increase of 2.93%.
The dollar index rose, and as of the end of New York's foreign exchange market, the dollar index, which measures the dollar against six major currencies, rose 0.13% to 100.6932. (Sino-Singapore Jingwei app)