The Dow and S&P 500 index hit new highs!

Xiaopeng, Weilai, and Ideal Auto rose over 11%

　　Sino-Singapore Jingwei Client, March 12, Eastern Time on Thursday, the three major U.S. stock indexes collectively closed up, and the Dow and S&P 500 index reached new highs.

The Dow rose 0.58%, the Nasdaq rose 2.52%, and the S&P 500 rose 1.04%.

On March 11, local time, US President Biden signed the $1.9 trillion new crown rescue bill, marking the official entry into force of the bill.

　　　Source: Wind

　　As of the close, the Dow Jones Industrial Index rose 188.57 points, or 0.58%, to 32485.59 points; the Nasdaq index rose 329.84 points, or 2.52%, to 13,398.67 points; the S&P 500 index rose 40.53 points, or 1.04%, to 3,939.34 points. .

　　US stocks of large technology stocks collectively rose, Apple rose 1.65%, Amazon rose 1.83%, Netflix rose 3.67%, Google rose 3.16%, Facebook rose 3.39%, and Microsoft rose 2.03%.

　　　Source: Wind

　　New energy auto stocks rose collectively. Xiaopeng Motors rose 13.45%, Ideal Motors rose 11.48%, Weilai Automobile rose 11.42%, and Tesla rose 4.72%.

　　Most popular Chinese concept stocks rose, Xinye Technology rose 92.89%, Litchi rose 33.29%, Canaan Technology rose 30.09%, setting a new record high, Cangu rose 23.89%, Tiger Securities rose 23.61%, Pinduoduo rose 9.63%, Bilibili Miles rose 7.12%.

In terms of decline, Best Group fell 7.48%, and China Pacific Insurance fell 5.32%.

　　On the news, according to the CCTV news client, on March 11, local time, US President Biden signed the $1.9 trillion new crown bailout bill, marking the official entry into force of the bill.

The new round of stimulus bills will cost US$1.9 trillion, including the distribution of checks to individuals, extension of unemployment insurance, grants to state and local governments, and improved vaccination and testing capabilities.

　　In European stock markets, the London Stock Market "Financial Times" 100 stock average price index closed on the 11th at 6736.96 points, an increase of 0.17%; France's Paris stock market CAC40 index closed at 6033.76 points, an increase of 0.72%; Germany's Frankfurt stock market DAX index It closed at 14569.39 points, an increase of 0.20%.

　　In terms of international oil prices, New York oil prices rose significantly on the 11th, and the price of New York light crude oil futures for delivery in April rose 1.58 US dollars to close at 66.02 US dollars per barrel.

　　In terms of international gold prices, the most active April gold futures price on the New York Mercantile Exchange gold futures market rose 0.8 US dollars over the previous trading day on the 11th to close at 1722.6 US dollars per ounce, an increase of 0.05%.

(Zhongxin Jingwei APP)