Sino-Singapore Jingwei client, June 12: U.S. stocks, which have recently reached record highs, turned down and fell on Thursday. After the three major stock indexes opened sharply, the decline continued to expand. The intraday Dow fell more than 1900 points, the S&P 500 fell below 3,000 points, and the Nasdaq Fell below 9500 points. The Fed's bleak expectations of the future economy and signs of a second multi-state outbreak in the US have put pressure on the market.

　　WIND screenshot

　　At 16:00 U.S. Eastern Time (04:00 Beijing June 12th), the S&P 500 index closed down 188.04 points, a decrease of 5.89%, to 3002.10 points, and the lowest fell to 2997.49 points; the Dow closed down 1861.82 Points, a decrease of 6.90%, to 25128.17 points, the lowest fell to 25082.72 points; the Nasdaq closed down 527.62 points, a decrease of 5.27%, reported to 9492.73 points, the lowest fell to 9491.31 points. The three major stock indexes all hit their biggest one-day declines since mid-March.

　　Large US technology stocks fell across the board. Apple fell 4.8%, Amazon fell 3.38%, Netflix fell 2.05%, Google fell 4.29%, Facebook fell 5.24%, and Microsoft fell 5.37%.

　　US financial stocks fell across the board, JP Morgan Chase fell 8.38%, Goldman Sachs fell 9.1%, Citi fell 13.37%, Morgan Stanley fell 8.48%, Bank of America fell 10.04%, Wells Fargo fell 9.83%, Berkshire Hathaway fell 6.86%.

　　US energy stocks fell across the board, Exxon Mobil fell 8.85%, Chevron fell 8.4%, ConocoPhillips fell 8.17%, Schlumberger fell 11.64%, EOG Energy fell 8.05%.

　　Most of the popular Chinese stocks closed down, Alibaba fell 3.77%, JD fell 5.7%, Baidu fell 4.26%, Jiayin Jinke fell 32.76%, Magic Line fell 27.61%, Fang Duoduo fell 20.04%, Ruixing Coffee fell 14.72% , Weilai Automobile fell 6.19%; Huafu Education rose 217.78%, Wensheng Financial rose 146.18%, and Anbo Education rose 30%.

　　In terms of data, the United States Department of Labor data on June 11 showed that the number of first-time jobless claims in the United States reached 1.542 million last week, with a market expectation of 1.55 million and a previous value of 1.877 million, which has fallen for 10 consecutive weeks. In the past 12 weeks, the total number of Americans applying for unemployment benefits has exceeded 44 million.

　　In terms of news, US Treasury Secretary Mnuchin said that even if the number of new crown infections surges again, the United States should not stop the economy again.

　　In terms of the epidemic, the number of new cases of new coronavirus infections and hospitalizations in Texas has continued to rise recently. An official of the state health department said that the "situation is still serious." According to Johns Hopkins University data, in the week ending June 10, Texas averaged about 1,700 new cases per day.

　　For European stocks: The three major European stock indexes fell sharply on the 11th and fell for four consecutive days. The average price index of 100 stocks in the Financial Times of the London stock market closed at 6,076.70 points, a decrease of 252.43 points, or a decrease of 3.99%. The Paris stock market CAC40 index closed at 4815.60 points, down 237.82 points, or 4.71%. The Frankfurt Stock Exchange DAX index fell 559.87 points, or 4.47%, to close at 11970.29 points.

　　In terms of international oil prices: New York oil prices fell sharply on the 11th. New York light crude oil futures delivered in July fell by $3.26, or 8.23%, to close at $36.34 per barrel. London Brent crude oil closed down $3.22, or 7.7%, to close at $38.51 per barrel.

　　Gold: The most active August gold futures price on the New York Mercantile Exchange gold futures market on the 11th increased by 19.1 dollars from the previous trading day, closing at 1739.8 dollars per ounce, an increase of 1.11%. (Sino-Singapore Jingwei APP)