Sino-Singapore Jingwei, November 9th. US stocks opened high and fluctuated on Monday. The three major stock indexes continued to work hand in hand to reach new closing highs. The Nasdaq rose for the 11th consecutive trading day, the S&P 500 rose for the 7th consecutive trading day, and the Dow had 8 consecutive positives.

Tesla bucked the trend and fell 4.92%, its biggest one-day drop since early June.

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  At 16:00 on November 8, U.S. Eastern time (05:00 on November 9, Beijing time), the Dow closed up 104.27 points to 36432.22 points, an increase of 0.29%; the Nasdaq closed up 10.77 points to 15,982.36 points, an increase of 0.29%. 0.07%; the S&P 500 index closed up 4.17 points to 4,701.70 points, an increase of 0.09%.

In the session, the Dow hit a new high, reporting 36,565.73 points.

  U.S. stocks of large technology stocks were mixed. Apple fell 0.56%, Amazon fell 0.85%, Netflix rose 0.89%, Google rose 0.12%, Facebook fell 0.74%, and Microsoft rose 0.28%.

  US energy stocks collectively rose, Exxon Mobil rose 1.09%, Chevron rose 0.34%, ConocoPhillips rose 0.64%, Schlumberger rose 2.36%, and Occidental Petroleum rose 2.56%.

  U.S. banking stocks rose collectively. JPMorgan Chase rose 0.62%, Goldman Sachs rose 0.3%, Citigroup rose 2.18%, Morgan Stanley rose 0.21%, Bank of America rose 0.81%, and Wells Fargo rose 0.8%.

  Popular Chinese concept stocks were up and down, with Newegg up 58.95%, CBAK Energy Technology Co., Ltd. up 48.84%, Canaan Technology up 17.87%, Fangdo up 15.89%, Kangdi Automobile up 13.88%, Dingdong Maicai up 11.83%, Youdao rose 11.07%; 51jobs fell 19.24%, Puxin Education fell 5.14%, BeiGene fell 4.15%, Tianjin Zhongxin Pharmaceutical fell 3.81%, and International Cord Blood Bank fell 3.12%.

New energy auto stocks rose collectively, with Weilai Auto up 2.18%, Xiaopeng Auto up 1.57%, and Ideal Auto up 1.13%.

  In the news, the US House of Representatives voted on the evening of the 5th local time to pass the $1 trillion infrastructure construction bill.

The bill was passed in the Senate in August this year, and then it will be sent to the White House to be signed into law by the President.

  According to the consumer expectations survey published by the Federal Reserve Bank of New York on November 8, local time, the inflation rate in the United States is expected to rise to 5.4% within a year from now, which is the highest level of this indicator since June 2013.

It is reported that the expected inflation rate for the next three years will remain unchanged, and the median is at a high of 4.2%.

  In a survey involving nearly 3.52 million people voting, 58% of netizens expressed support for Musk to sell 10% of Tesla's stock.

Musk tweeted that no matter what the result is, he will "comply with the voting result."

  European stocks: The three major European stock indexes were mixed on the 8th.

The London Stock Market "Financial Times" 100 stock average price index closed at 7,300.40 points, down 3.56 points, a decrease of 0.05%; France's Paris stock market CAC40 index closed at 7,07.48 points, an increase of 6.69 points, an increase of 0.10%; Frankfurt, Germany The stock market DAX index closed at 16,046.52 points, down 7.84 points, or 0.05%.

  International oil prices: New York oil prices rose on the 8th. New York light crude oil futures for delivery in December rose 0.66 US dollars to close at 81.93 US dollars per barrel; Brent January crude oil futures closed up 0.69 US dollars, or 0.83%, to 83.43 US dollars /bucket.

  International gold prices: The most active December gold futures price on the New York Mercantile Exchange gold futures market rose 11.2 US dollars over the previous trading day on the 8th, rising for the third consecutive trading day, closing at 1828 US dollars per ounce, an increase of 0.62%.

(Zhongxin Jingwei APP)

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