Sino-Singapore Jingwei Client, November 7th, in the early morning of the 7th, Beijing time, the three major US stock indexes closed up mixed. Among them, the Dow fell 0.24%, the S&P fell 0.03%, and the Nasdaq rose 0.04%.

  As of the close, the Dow fell 0.24% to 28323.4 points, the S&P 500 fell 0.03% to 3,509.44 points, and the Nasdaq rose 0.04% to 11895.23 points.

This week, the Dow has gained 6.87%, the Nasdaq has gained 9.01%, and the S&P 500 has gained 7.32%. The three major stock indexes all recorded their biggest weekly gains since April.

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  Large technology stocks were mixed. Apple fell 0.11%, Amazon fell 0.32%, Netflix rose 0.19%, Google fell 0.16%, Facebook fell 0.43%, and Microsoft rose 0.19%.

  US energy stocks fell across the board, Exxon Mobil fell 1.18%, Chevron fell 1.41%, ConocoPhillips fell 3.05%, Schlumberger fell 1.93%, and Occidental Petroleum fell 4.35%.

  Popular Chinese concept stocks were mixed. Alibaba rose 4.25%, JD.com rose 0.98%, Baidu rose 0.04%; Lufax rose 17.6%, Litchi rose 10.9%, Bilibili rose 6.1%, Baozun e-commerce rose 6%, Pinduoduo rose 1.29%; Liulishuo fell 16.07%, Ideal Automobile fell 5.8%, Xiaopeng Automobile fell 2.79%, and Weilai Automobile fell 1.53%.

  European stock markets surged across the board this week, the German DAX index fell 0.70%, and the week rose 7.95%; France’s CAC40 index fell 0.46%, the week rose 7.98%; the UK FTSE 100 index rose 0.07%, the week rose 5.97%.

  The U.S. dollar index fell. The U.S. dollar index, which measures the dollar against six major currencies, fell 0.31% to 92.2369.

  In terms of international gold prices, the most active December gold futures price on the New York Mercantile Exchange gold futures market closed at $1951.7 per ounce on the 6th, a 0.25% increase.

Market analysts believe that the continued weakness of the US dollar was the main reason for the rise in gold prices that day.

  International oil prices fell sharply. US oil futures fell more than 4% to US$37.19 per barrel; Brent crude oil futures fell 3.38% to US$39.46 per barrel.

The prospect of a large-scale stimulus plan in the United States is becoming increasingly bleak, which also puts pressure on the market.

Bob Yawger, director of Mizuho Energy Futures, pointed out that crude oil is very sensitive to stimulus expectations, and stimulus expectations have just been hit.

(Zhongxin Jingwei APP)