U.S. stocks opened higher and moved lower: Nasdaq fell 2.57%, Tesla fell 7%

  Sino-Singapore Jingwei, February 24th. On Wednesday, Eastern Time, the three major U.S. stock indexes opened higher and closed lower, and the Dow fell for five consecutive days.

Tesla fell 7%, and Chinese concept stocks MINISO fell more than 16%.

Screenshot source: Wind

  Specifically, the Dow closed down 464.85 points, or 1.38%, to 33131.76 points; the Nasdaq fell 344.03 points, or 2.57%, to 13037.49 points; the S&P 500 fell 79.26 points, or 1.84%, to 4225.50 points .

  Large technology stocks fell across the board, with Apple down 2.59%, Amazon down 3.58%, Netflix down 2.63%, Google down 1.71%, Facebook down 1.8%, and Microsoft down 2.59%.

  Bank stocks fell across the board, with JPMorgan down 2.04%, Goldman Sachs down 0.85%, Citigroup down 1.05%, Morgan Stanley down 1.28%, Bank of America down 1.71%, and Wells Fargo down 2.39%.

  Energy stocks rose collectively, Exxon Mobil rose 0.42%, Chevron rose 2.41%, ConocoPhillips rose 0.44%, Schlumberger rose 0.51%, and Occidental Oil rose 0.91%.

  Airline stocks fell across the board, Boeing fell 1.14%, American Airlines fell 4.53%, Delta Airlines fell 4.13%, Southwest Airlines fell 3.53%, and United Airlines fell 5.33%.

  Most popular Chinese concept stocks fell, MINISO fell 16.04%, Dingdong Maicai fell 15.21%, Elite Education fell 14.93%, Vipshop fell 11.94%, Zai Lab fell 11%, Alibaba fell 2.86%, Baidu It fell 1.22%, and Jingdong fell 0.62%.

In terms of gains, TAL rose 9.82%, Zhaoyan Network rose 7.39%, Xiaoying Technology rose 6.8%, Yunji rose 5.85%, and Renren rose 5.45%.

New energy vehicle stocks fell across the board, with NIO down 6.02%, Xiaopeng Motors down 1.29%, and Ideal Auto down 0.33%.

  In terms of European stock markets, the average price index of the 100 stocks of the London Stock Exchange "Financial Times" closed at 7498.18 points on the 23rd, an increase of 3.97 points or 0.05% over the previous trading day; the CAC40 index of the French Paris stock market closed at 6780.67 points, higher than that of the previous trading day. It fell 6.93 points, or 0.10%, in the previous trading day; the DAX index of the Frankfurt stock market in Germany closed at 14,631.36 points, down 61.64 points, or 0.42%, from the previous trading day.

The Russian Trading System Cash Index RTS (in U.S. dollars) closed down 1.84 percent at 1,204.11 points.

  In terms of international oil prices, WTI April crude oil futures closed up $0.19, or 0.20%, at $92.10 a barrel.

Brent crude futures for April ended flat at $96.84 a barrel.

  In terms of international gold prices, the most actively traded April gold futures price in the New York Mercantile Exchange gold futures market rose $3 from the previous trading day on the 23rd to close at $1,910.4 an ounce, an increase of 0.16%.

  On the U.S. dollar index, the U.S. dollar index, which measures the greenback against six major currencies, rose 0.17% to 96.1910 as of late New York trading.

(Sino-Singapore Jingwei APP)

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