Sino-Singapore Jingwei Client, November 5, Wednesday, US Eastern Time, US stocks closed higher for three consecutive days.

The Dow rose more than 360 points, and once stood above the 28,000 point mark during the session.

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

　　As of the close, the Dow rose 367.63 points, or 1.34%, to 27,847.66 points; the Nasdaq rose 430.21 points, or 3.85%, to 11590.78 points; the S&P 500 index rose 74.28 points, or 2.20%, to 3,443.44 points.

　　Large American technology stocks rose collectively. Apple rose 4.08%, Amazon rose 6.32%, Netflix rose 2%, Google rose 6.09%, Facebook rose 8.32%, and Microsoft rose 4.82%.

　　Bank of America stocks were mixed. JPMorgan Chase fell 3.1%, Goldman Sachs rose 0.07%, Citigroup fell 3.31%, Morgan Stanley rose 0.52%, Bank of America fell 4.09%, and Wells Fargo fell 0.91%.

　　Popular Chinese concept stocks generally closed up, with Pinduoduo up nearly 13%, JD.com up over 8%, Xiaopeng Motors up over 23%, Weilai over 6%, and Ideal Auto up over 5%, all hitting record closing highs.

In addition, Alibaba rose 3.69%, Weibo rose 5.63%, Baidu rose 4.6%, NetEase rose over 9%, Bilibili rose nearly 8%, and Sina rose 0.63%.

　　In terms of European stocks, the three major European stock indexes collectively closed up.

The London Stock Market "Financial Times" average price index of 100 stocks closed at 5,883.26 points, an increase of 96.49 points or 1.67% from the previous trading day.

The CAC40 index of the Paris stock market in France closed at 4922.85 points, an increase of 117.24 points or 2.44% from the previous trading day.

The DAX index of the Frankfurt stock market in Germany rose 235.24 points, or 1.95%, to close at 12324.22 points.

　　In terms of international gold prices, the most active December gold futures price on the New York Mercantile Exchange gold futures market fell 14.2 US dollars from the previous trading day to close at US$1896.2 per ounce, a decrease of 0.74%.

　　In terms of oil prices, the West Texas Intermediate (WTI) futures for December delivery on the New York Mercantile Exchange rose 1.49 US dollars, or 4%, to close at 39.15 US dollars per barrel.

　　As for the dollar index, as of the end of New York trading, the dollar index, which measures the dollar against six major currencies, fell 0.16% to 93.4043.

(Zhongxin Jingwei APP)