Sino-Singapore Jingwei Client, March 13th. On Friday, US Eastern Time, the U.S. stock market diverged. After the Dow opened lower, the Dow oscillated and climbed nearly 1%; the Nasdaq remained low throughout the day, with the deepest intraday drop exceeding 1.7%; The index also weakened and turned up slightly in late trading.

The Dow and the S&P 500 index continued to set new closing highs.

　　As of the close, the Dow rose 393.05 points to 32778.64 points, an increase of 0.90%; the Nasdaq fell 78.80 points to 13,319.87 points, a decrease of 0.59%; the S&P 500 index rose 4.00 points to 3,943.34 points, an increase of 0.10%.

　　Intraday trend of the three major US stock indexes Source: Wind

　　This week, the Dow Jones Industrial Average rose 4.07%, the largest weekly gain since November 2020, with a cumulative increase of approximately 1,282.34 points; the Nasdaq gained 2.65%, or 292.50 points; the S&P 500 index rose 2.64%, or 101.40 points.

　　On the disk, the five sectors leading the gains were: uranium increased by 4.22%; infrastructure operations increased by 3.59%; pharmaceutical retail increased by 3.24%; aerospace and military industry increased by 3.05%; food distribution increased by 2.63%.

The five sectors leading the decline were: Internet information services fell by 2.33%; Jiaolian Coal fell by 1.97%; gas fell by 1.77%; leisure and entertainment fell by 1.73%; aluminum fell by 1.71%.

　　Technology stocks fell across the board, Google, Facebook fell more than 2%, Apple, Amazon, Netflix fell nearly 1%, Facebook fell 2%, Microsoft fell 0.58%.

Bank stocks rose generally, with Wells Fargo up nearly 3%, Citigroup rose more than 2%, and JPMorgan Chase, Goldman Sachs, Morgan Stanley, and Bank of America all rose more than 1%.

Airline stocks rose collectively, with Boeing up 6.77%, American Airlines up 5.51%, Southwest Airlines and United Airlines up more than 4%, and Delta Air Lines up 3.06%.

　　Among the 30 constituent stocks of the Dow, Caterpillar and Walgreens rose more than 2%.

　　In terms of Chinese concept stocks, 157 Chinese concept stocks listed in the US rose and 139 fell.

Among well-known Chinese concept stocks, Cangu fell 13.09%, Xinye Technology fell 11.87%, Burning Rock Medical fell 10.48%, Huanju fell 7.75%, JD.com fell 6.65%, and Alibaba fell 3.72%; new energy auto stocks Weilai Automobile, Ideal Automobiles fell more than 1%.

Tuniu rose 12.28%, Best Group rose 10.65%, and SDIC Power rose 9.87% to a record high.

　　Data show that on Friday, the yield of US Treasury bonds skyrocketed, and the yield of US 10-year Treasury bonds rose above the key level of 1.6% to 1.64%, reaching the highest level since February 2020.

At the beginning of 2021, the 10-year U.S. Treasury yield was only 0.92%.

　　In the global market, European stock markets closed mixed. The German DAX index fell 0.46%, the French CAC40 index rose 0.21%, and the UK FTSE 100 index rose 0.36%.

This week, the German DAX index rose 4.18%, the French CAC40 index rose 4.56%, and the UK FTSE 100 index rose 1.97%.

　　In the Asia-Pacific market, as of the close, the Shanghai Composite Index reported 3,453.08 points, an increase of 0.47%; the Shenzhen Component Index reported 13,897.03 points, an increase of 0.22%.

Hong Kong's Hang Seng Index reported 28,739.720 points, a decrease of 2.2%.

The Nikkei 225 index reported 29,717.83 points, an increase of 1.73%.

　　International oil prices fell. WTI crude oil futures prices fell 44 cents, or 0.67%, to close at US$65.58 per barrel; Brent crude oil futures prices fell 41 cents, or 0.59%, to close at US$69.22 per barrel.

　　Gold futures prices fell 2.80 US dollars, or 0.2%, to close at 1719.80 US dollars per ounce, the first drop in nearly four trading days.

Silver futures prices fell 28 cents, or 1.1%, to close at $25.911 per ounce.

(Zhongxin Jingwei APP)