On Wednesday, the three major U.S. stock indexes fell across the board. The Dow and the S&P 500 index fell by 0.20% and 0.13%, respectively. The Nasdaq fell by 0.57%.
The Fed’s Beige Book survey report released on Wednesday showed that US economic growth slowed slightly to a moderate level from early July to August, and inflation remained high.
The market is still facing a shortage of cars and houses, causing the economy to fall back from the pace of growth earlier this year.
In addition, Morgan Stanley lowered its recommendation on the US stock market to reduce its holdings. These factors all suppressed investors' trading sentiment on the day.
The rise of the concept of "meta universe" related stocks rose strongly
Meta Universe, some people call the "3D version of the Internet". With the listing of Roblox, the first concept stock of Meta Universe earlier this year, this year is also called the first year of Meta Universe.
Recently, the concept of Meta Universe has once again received the attention of the capital market, and related concept stocks have risen sharply.
For example, in the past five trading days, industry leading stocks Unity software rose more than 5%, and WiMi Hologram rose more than 6%.
On the other hand, with the rise of the concept of Metaverse, the VR headset, the main hardware carrying device of Metaverse, has also ushered in industry development opportunities.
According to the latest report from the international data company IDC, global VR headset shipments in the first quarter of this year increased by 52% year-on-year, and the average annual growth rate of global VR device shipments within five years is expected to exceed 40%.
Investor sentiment is more cautious
The three major European stock markets fell across the board on the 8th
On Wednesday, the three major European stock markets fell across the board, with the Frankfurt stock market falling the most by 1.47%.
The main reason is that as the epidemic continues to spread, people are more worried about the prospect of economic recovery. In addition, the European Central Bank meeting is about to be held and investors remain cautious and wait-and-see.
International oil prices rose more than 1% on the 8th
On Wednesday, international oil prices ushered in a rise. As of the close of the day, the price of light crude oil futures for October delivery on the New York Mercantile Exchange rose 1.39% to close at US$69.30 per barrel; the price of London Brent crude oil futures for November delivery rose 1.27%, closing at US$72.60 per barrel; the main reason was that after Hurricane Ida, oil refineries in the Gulf of Mexico in the United States were greatly affected. At present, 80% of the local crude oil production is still in a stagnant state, causing supply concerns in the crude oil market.