The second quarter of the United States GDP fell a record! Dow fell more than 220 points

The second quarter of the United States GDP fell a record! Dow fell more than 220 points, energy stocks fell across the board

　　Sino-Singapore Jingwei Client, July 31, Eastern Time on Thursday, the three major US stock indexes collectively opened lower, and the Dow once fell more than 500 points in early trading. Since then, the declines of the three major stock indexes have narrowed, the Nasdaq index turned up, and the Dow and S&P 500 index closed down. Most of the major US technology stocks closed up, Qualcomm rose more than 15%, Apple rose more than 1%; large bank stocks generally fell, Wells Fargo fell more than 4%, Citigroup fell about 3%. Among the Chinese concept stocks, Ideal Motors surged over 43% on its first day of listing, with a market value of US$3.127 billion.

　　Time-sharing chart of the three major US stock indexes. Source: Wind

　　As of the close, the Dow Jones Industrial Index fell 225.92 points, or 0.85%, to 26313.65; the Nasdaq Index rose 44.87 points, or 0.43%, and the S&P 500 Index fell 12.22 points, or 0.38%.

　　Most of the major US technology stocks closed gains. Apple rose 1.21%, Amazon rose 0.6%, Netflix rose 0.27%, Google rose 0.98%, Facebook rose 0.52%, Microsoft fell 0.08%, and Qualcomm rose 15.22%.

　　U.S. energy stocks were generally lower. Exxon Mobil fell 4.72%, Chevron fell 4.12%, ConocoPhillips fell 5.76%, Schlumberger fell 5.04%, and EOG Energy fell 3.96%.

　　Most US financial stocks fell. JPMorgan Chase fell 2.68%, Goldman Sachs fell 1.49%, Citigroup fell 3.14%, Morgan Stanley fell 2.59%, Bank of America fell 1.70%, Wells Fargo fell 4.38%, Berkshire Hathaway fell 1.04%.

　　American Airlines stocks fell across the board, Boeing fell 2.45%, American Airlines fell 1.93%, Delta Airlines fell 3.03%, Southwest Airlines fell 2.58%, and United Airlines fell 2.55%.

　　Most popular Chinese concept stocks rose, Alibaba rose 0.10%, JD.com fell 0.48%, Baidu fell 1.52%; Mogujie rose 58.64%, Ideal Auto rose 43.13% on the first day of listing, Leju rose 10.91%, Sohu rose 7.19%; Ming Yuntang fell 25.28%, Dianniu Finance fell 5.75%, and Yum China fell 5.53%.

　　In terms of European stocks, the three major stock indexes fell across the board. The UK FTSE 100 Index reported 5989.99 points, down 141.47 points, or 2.31%; France’s CAC40 Index reported 4,852.94 points, or 105.80 points, or 2.13%; Germany’s DAX Index reported 12,379.65 points, or 2.31%. 442.61 points, a decrease of 3.45%.

　　International oil prices fell. WTI September crude oil futures prices fell by US$1.35, or 3.27%, to US$39.92 per barrel. Brent's September crude oil futures prices fell 0.81 US dollars, or 1.85%, to 42.94 US dollars per barrel.

　　International gold prices fell, COMEX August gold futures closed down 0.6%, ending the nine consecutive trading days before the end of the upward trend, at 1942.30 US dollars per ounce; COMEX December gold futures closed down 0.5%, at 1966.80 US dollars per ounce.

　　The U.S. dollar index fell on the 30th. As of the end of New York trading, the U.S. dollar index, which measures the U.S. dollar against six major currencies, fell 0.49% to 93.0219. (Zhongxin Jingwei APP)

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