Sino-Singapore Jingwei Client, March 18, Wednesday, Eastern Time, the Federal Reserve announced that it will continue to maintain interest rates unchanged.

The three major U.S. stock indexes pulled up straight. The Nasdaq and S&P 500 index turned up. The S&P 500 index hit a record high during the session, and its closing gains narrowed; the Dow hit a record high again, reaching 33,000 points for the first time.

Blockchain concept stocks in U.S. stocks generally rose; bank stocks rose collectively, with Goldman Sachs Group and JPMorgan Chase both rising more than 1%.

The majority of Chinese concept stocks rose, and the Hong Kong Takung Document Exchange surged over 265%, leading the rise in Chinese concept stocks.

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

Source: Wind

　　As of the close, the Dow Jones Industrial Index rose 189.42 points, or 0.58%, to 33015.37 points; the Nasdaq index rose 53.63 points, or 0.40%, to 13525.20 points; the S&P 500 index rose 11.41 points, or 0.29%, to 3,974.12 points. .

　　On the news, in the early morning of the 18th Beijing time, according to CCTV News, the Fed announced the interest rate decision, and the Federal Open Market Committee, the Fed's decision-making body, voted to maintain interest rates close to zero and continue to implement the asset purchase plan.

The committee predicts that the US GDP will grow by 6.5% in 2021 and will slow down in the following years. The unemployment rate in the United States will fall from the current 6.2% to 4.5%.

In addition, the benchmark interest rate is expected to remain unchanged until 2023, and some members have indicated that the first interest rate hike may be in 2023.

　　U.S. large technology stocks rebounded in late trading. Facebook rose 1.69%, Amazon rose 1.42%, Qualcomm rose 0.2%, Adobe rose 0.1%, Google fell 0.07%, Microsoft fell 0.28%, Cisco fell 0.5%, and Apple fell. 0.65%.

　　U.S. bank stocks generally rose, Netherlands International rose 2%, UBS AG rose 1.55%, Morgan Stanley rose 1.5%, Wells Fargo rose 1.27%, United Bank of America rose 1.24%, Bank of Montreal rose 1.24%, Goldman Sachs Group rose 1.02%, JPMorgan Chase rose 1%.

　　US aviation stocks collectively rose, Boeing rose 3.18%, American Airlines rose 2.82%, Delta Air Lines rose 2.07%, Southwest Airlines rose 1.98%, United Airlines rose 4.41%.

　　Most of the Chinese concept stocks rose, Hong Kong Takungwen Exchange rose 265.61%, Oriental Culture rose 76.96%, Xiaoying Technology rose 27.09%, Xunlei rose 21.93%, Tuniu rose 16.13%, 500 Lottery rose 15.38%, and Yibang Communication rose 12.73%; Alibaba rose 2.83%, JD fell 0.45%, Baidu rose 3.88%; Litchi fell 9.52%, Pinduoduo fell 7.1%, Iclick fell 7.02%, Jinshan Cloud fell 5.93%, Douyu fell 5.81%, Momo Fell 5.71%.

Most new energy auto stocks rose, Weilai Automobile rose 2.45%, Xiaopeng Automobile rose 0.56%, and Ideal Automobile fell 1.59%.

　　In terms of European stocks, the three major European stock indexes were mixed. The UK FTSE 100 index reported 6762.67 points, down 40.94 points, or 0.60%; France CAC40 index reported 6054.82 points, down 0.61 points, or 0.01%; Germany DAX index reported 14596.61 Points, an increase of 39.03 points, an increase of 0.27%.

　　International oil prices fell, and the WTI April crude oil futures settlement price closed down 0.20 US dollars, or 0.31%, to 64.60 US dollars per barrel.

Brent's May crude oil futures settlement price fell 0.39 US dollars, or 0.57%, to 68 US dollars per barrel.

　　International gold prices rose, and the COMEX April gold futures settlement price fell by 3.8 US dollars to close at 1727.1 US dollars per ounce, a decrease of 0.22%.

　　After the announcement of the Federal Reserve's interest rate decision, futures gold, spot gold and spot silver rose rapidly. COMEX April gold futures prices and spot gold prices both rose by more than 1%, and spot silver prices rose by more than 2%.

As of press time, COMEX's April gold futures price rose by US$12.6, or 0.73%, to US$1743.5 per ounce; spot gold prices rose by 0.82% to US$1744.76 per ounce; spot silver prices rose 1.42% to US$26.301 per ounce.

　　The U.S. dollar index rose. As of the end of New York trading, the U.S. dollar index, which measures the dollar against six major currencies, rose 0.12% to 91.9738.

(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.)