U.S. stocks closed higher, the Dow rose for six consecutive days, and Tesla rose nearly 75% from its January low

　　Sino-Singapore Jingwei, January 28th. On Friday, Eastern Time, the three major U.S. stock indexes closed up across the board. The Dow rose 0.08%, the S&P 500 rose 0.25%, and the Nasdaq rose 0.95%.

American Express rose 10.59%, and Tesla rose 11%.

　　As of the close, the Dow rose 0.08% to 33978.08 points, the S&P 500 rose 0.25% to 4070.56 points, and the Nasdaq rose 0.95% to 11621.71 points.

This week, the Dow rose 1.81%, the S&P 500 rose 2.47%, and the Nasdaq rose 4.32%.

　　Most technology stocks rose, with Apple up 1.37%, Amazon up 3.04%, Netflix down 1.12%, Google up 1.9%, Facebook up 3.01%, and Microsoft up 0.06%.

　　Bank stocks were mixed, JPMorgan Chase rose 0.2%, Goldman Sachs fell 0.37%, Citigroup fell 0.61%, Morgan Stanley rose 0.3%, Bank of America rose 0.31%, and Wells Fargo rose 0.68%.

　　Most aviation stocks fell, Boeing fell 0.75%, American Airlines fell 1.08%, Delta Air Lines fell 1.26%, Southwest Airlines rose 1.47%, and United Airlines fell 1.46%.

　　Popular Chinese concept stocks were mixed, with Tuya Smart up 13.33%, Gaotu Group up 8.53%, EHang Smart up 5.93%, Kingsoft Cloud up 5.85%, 360 Data up 4.59%, Daily Youxian up 3.61%; In terms of declines, Tuniu fell 11.89%, Youdao fell 5.95%, Huya Live fell 4.47%, Tencent Music fell 3.67%, and Wuxin Technology fell 3.17%.

Zhonggai New Energy Automobile stocks were mixed. Weilai Automobile rose 4.4%, Xiaopeng Automobile rose 4.39%, and Ideal Automobile fell 0.99%.

　　Tesla rose about 11%, and it has risen 33.32% this week, up nearly 75% from its low point in January.

Tesla CEO Elon Musk said on social platforms that reports that he met with senior U.S. officials in Washington on electric vehicles were "true."

　　On the macro front, the core PCE price index in the United States in December 2022 increased by 4.4% year-on-year, expected 4.4%, and the previous value was 4.7%; the month-on-month increase was 0.3%, expected 0.3%, and the previous value was 0.2%.

　　In the United States, personal spending in December 2022 fell by 0.2% month-on-month, which is expected to fall by 0.1%, and the previous value increased by 0.1%.

　　In the United States, the contracted sales index of existing homes in December 2022 rose by 2.5% month-on-month, the largest increase since October 2021, and is expected to drop by 0.9%. The previous value was revised from a drop of 4% to a drop of 2.6%.

　　The U.S. dollar index rose on the 27th. As of late trading in New York, the U.S. dollar index, which measures the U.S. dollar against six major currencies, rose 0.09% to 101.9240.

　　Germany's DAX30 index closed up 0.11% at 15150.03 points.

The French CAC40 index closed up 0.02% at 7097.21 points.

Italy's FTSE MIB index closed up 0.83% at 25435.75 points.

Britain's FTSE 100 index closed up 0.05% at 7765.15 points, while the FTSE 250 index closed up 0.60%.

　　Gold futures for February delivery on the New York Mercantile Exchange fell 60 cents, or 0.1%, to settle at $1,929.40 an ounce.

Gold futures rose nearly 0.1% this week, the sixth straight week of gains, as measured by the most-active contract.

　　Oil prices fell in New York, with New York light crude futures for March delivery down $1.33 to settle at $79.68 a barrel.

(Sino-Singapore Jingwei APP)

(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)