Sino-Singapore Jingwei Client, June 17th, Wednesday, Eastern Time, US stocks fell across the board, and the three major stock indexes fell more than 1% in intraday trading.
Dow and Wal-Mart fell more than 2%, leading the Dow.
Screenshot source: Wind
As of the close, the Dow fell 265.66 points, or 0.77%, to 34,033.67 points; the Nasdaq fell 33.18 points, or 0.24%, to 1,039.68 points; the S&P 500 index fell 22.89 points, or 0.54%, to 4,223.70 points.
US stocks of large technology stocks were mixed. Apple rose 0.39%, Amazon rose 0.95%, Netflix rose 0.1%, Google fell 0.53%, Facebook fell 1.68%, and Microsoft fell 0.38%.
Bank stocks mostly rose. JPMorgan Chase rose 0.77%, Goldman Sachs fell 0.1%, Citigroup fell 3.16%, Morgan Stanley rose 0.43%, Bank of America rose 0.63%, and Wells Fargo rose 0.29%.
Most popular Chinese concept stocks fell. Good Future fell 16.81%, Youxin fell 12.64%, New Oriental fell 12.26%, Green Hotel fell 8.65%, Puxin Education fell 8.04%, Baidu fell 0.91%, and Alibaba fell 0.35%.
In terms of growth, Xiaoying Technology rose 15.6%, Advantage Interactive rose 5.54%, iClick rose 5.27%, JD rose 0.92%, and Pinduoduo rose 0.75%.
New energy auto stocks were mixed. Weilai Automobile fell 0.33%, Xiaopeng Automobile rose 2.09%, and Ideal Automobile rose 0.67%.
On the news, the Federal Reserve announced that it will maintain the target range of the federal funds rate between zero and 0.25%, which is in line with market expectations.
The economic forecasts and policy statements issued by the Fed also show that it is expected to achieve two interest rate hikes by the end of 2023, with interest rates rising from 0.1% to 0.6%.
In European stock markets, the London Stock Market "Financial Times" average price index of 100 stocks closed at 7184.95 points, an increase of 12.47 points or 0.17% from the previous trading day.
The CAC40 index of the Paris stock market in France closed at 6652.65 points, an increase of 13.13 points over the previous trading day, an increase of 0.20%; the DAX index of the Frankfurt stock market in Germany closed at 15710.57 points, a decrease of 18.95 points over the previous trading day, a decrease of 0.12%.
In terms of international oil prices, the price of West Texas Intermediate Crude Oil (WTI) for July delivery on the New York Mercantile Exchange rose 3 cents, or 0.04%, to close at $72.15 per barrel.
The price of Brent crude oil futures for August delivery on the London Intercontinental Exchange rose 40 cents, or 0.5%, to close at $74.39 per barrel.
In terms of international gold prices, the most actively traded August gold futures price on the New York Mercantile Exchange gold futures market rose 5 US dollars from the previous trading day to close at 1861.4 US dollars per ounce, an increase of 0.27%.
As for the US dollar index, as of the end of the New York trading session, the US dollar index, which measures the US dollar against six major currencies, rose 0.68% to 91.1540.
(Zhongxin Jingwei APP)