U.S. stocks closed higher on the first day of April, the U.S. bond yield curve was inverted, and Chinese stocks strengthened

* 430,000 new non-farm payrolls in March

* Multiple U.S. bond yield curves inverted at the same time

*New car-making forces announce March delivery transcripts

* Oil hits biggest weekly drop in two years

　　Investors digested economic data and paid close attention to the volatility of the bond market. U.S. stocks fluctuated throughout the day, and finally closed slightly higher on the first trading day of April.

As of the close, the Dow rose 139.9 points, or 0.4%, to 34,818.3 points, almost flat this week; the S&P 500 rose 15.5 points, or 0.3%, to 4,545.9 points; the Nasdaq edged up 41.0 points, or 0.3%, to close at At 14,261.5 points, the stock index rose 0.7% for the week.

　　Some bank stocks were under pressure, JPMorgan Chase fell 0.7%, Huaxing fell 2.0%, and Bank of America fell 0.8%; real estate and utility stocks led the broader market, and the S&P 500 real estate sector rose 2.0%; popular Chinese concept stocks strengthened, Nasda The China Golden Dragon Index closed up 4.7%, Weidai.com rose 27.0%, Shell and Didi rose 13.3% and 12.8% respectively, Bilibili rose 8.0%, and Baidu and Pinduoduo both rose more than 6%.

New car-making forces deliver transcripts

The new car-making power announced the March report card before the market. Xiaopeng Motors led "Wei Xiaoli" and was the delivery champion

in March. The stock closed up 5.7%, and Weilai Automobile and Li Auto rose by 4.2% and 5.5% respectively.

　　Xiaopeng delivered 15,414 vehicles in March, a year-on-year increase of 202% and a month-on-month increase of 148%; the first quarter delivered 34,561 vehicles, a year-on-year increase of 159%.

Ideal followed closely, delivering 11,034 vehicles last month, a year-on-year increase of 125%; the first three months of this year delivered 31,716 vehicles, a year-on-year increase of 152%.

NIO delivered 9,985 vehicles in March, a year-on-year increase of 38% and a month-on-month increase of 63%; a total of 25,768 vehicles were delivered in the first quarter, a year-on-year increase of 28.5%.

According to Weilai, Weilai currently ranks second in the global high-end electric vehicle market with a value of more than US$50,000.

In terms of production capacity, the plant construction and equipment installation of the second production base in Hefei has been basically completed, the commissioning work is progressing smoothly, and it is planned to be officially put into operation in the third quarter of this year.

Markets bet on a 'more hawkish' Fed

　　On the 1st local time, the U.S. Department of Labor announced the latest non-farm payrolls report. The number of non-farm payrolls increased by 431,000 after seasonal adjustment in March, which was lower than the expected value of 490,000. The previous value was revised up from 678,000 to 750,000. This year In the first quarter, a total of 1.685 million new jobs were created in the United States;

, higher than the previous value of 5.2% and the expected value of 5.5%.

　　Neil Birrell, chief investor officer at asset management firm Premier Miton Investors, commented that although the employment data was slightly worse than expected, it was not as bad as many feared, with vacancies being filled and wage growth remaining strong, indicating that The economy is in good shape right now, but the key question is how rising interest rates and slower growth will affect the job market and the broader economy.

　　A solid job market and soaring hourly wage growth have strengthened market bets on a "more hawkish" Federal Reserve, sending U.S. bond yields higher.

The 2-year and 10-year U.S. Treasury yields inverted again, and the 2-year and 30-year U.S. Treasury yields inverted for the first time since 2007.

　　In commodities, members of the International Energy Agency (IEA) agreed on Friday to release a new round of emergency fuel reserves in order to ease the economic damage caused by high energy prices after the United States announced an unprecedented plan to release crude oil reserves, but did not clarify what countries would sell. storage quantity.

The news caused international oil prices to continue to fall. U.S. oil closed below the $100/barrel mark at $99.27/barrel, down 1.0%, while Brent crude futures edged down 0.3% to $104.39/barrel.

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