On Tuesday, Eastern time, U.S. stocks opened higher, then fell all the way, and once fell below 20,000 points.
turn off. With some good news coming out, US stocks rebounded at a low level. The Dow eventually closed up more than a thousand points, the S & P 500 closed up about 6%, and the Nasdaq closed over 6%. Dow rose nearly 21%, Intel rose more than 12%, leading the Dow.
Specifically, as of the close of the day, the Dow rose 1048.86 points, or 5.20%, to 21237.38 points; the Nasdaq rose 430.19 points, or 6.23%, to 7334.78 points; the S & P 500 index rose 143.06 points, or 6.00%, to 2529.19 points.
Large-scale U.S. technology stocks closed up. Apple rose 4.4%, Amazon rose 7.03%, Nai Fei rose 7%, Google rose 4.2%, Facebook rose 2.34%, and Microsoft rose 8.23%.
Most U.S. financial stocks closed up. JPMorgan Chase rose 6.08%, Goldman Sachs rose 2.59%, Citigroup fell 2.21%, Morgan Stanley rose 6.73%, Bank of America rose 7.53%, Wells Fargo rose 11.81%, and Berkshire Hathaway Up 4.2%.
U.S. energy stocks were mixed, Exxon Mobil rose 6.71%, Chevron rose 1.41%, ConocoPhillips rose 0.61%, Schlumberger fell 2.88%, and EOG Energy fell 0.71%.
Most of the hot stocks closed up, Alibaba rose 3.33%, Jingdong rose 8.83%, Baidu rose 1.62%; Wanda Sports rose 23.81%, Thunder increased 18.91%, Happy Times rose 15.7%, Bilibili rose 9.88%, slightly Bo rose 3.05%, Pinduoduo rose 3.73%, NetEase rose 4.38%, Renren.com fell 14.61%, and Weilai Automobile fell 1.36%.
On the news, at noon on March 17, Eastern time, at the press conference on the latest US epidemic situation and policy convened by Trump, Treasury Secretary Steven Mnuchin announced that the U.S. government will launch a tax cut, a A total of 500 billion cash checks were issued to the U.S. public during the month, and the Federal Reserve launched a monetary stimulus package of up to 1 trillion, including monetary policy tools, to help businesses and individuals respond to the new crown pneumonia epidemic that is spreading throughout the United States and caused by the outbreak Economic loss.
Umnuchin also said that U.S. taxpayers can also postpone tax payments by 90 days.
European shares closed collectively higher. The average price index of 100 stocks in the Financial Times of the London stock market closed at 5294.90 points on the 17th, an increase of 143.82 points or 2.79% over the previous trading day. The CAC40 index of the French Paris stock market closed at 3,971.78 points on the 17th, an increase of 110.32 points or 2.84% over the previous trading day. Germany's Frankfurt stock market DAX index rose 196.85 points on the 17th, an increase of 2.25%, to close at 8939.10 points.
International oil prices fell on the 17th. The price of West Texas Intermediate Crude Oil (WTI) futures for delivery on the New York Mercantile Exchange fell by $ 1.75, or 6.1%, to close at $ 26.95 per barrel, the lowest level since February 2016. The price of Brent crude for May delivery on the London Intercontinental Exchange fell by $ 1.32, or 4.4%, to close at $ 28.73 per barrel, the lowest level since January 2016.
The international gold price rose on the 17th. The most active April gold futures price on the New York Mercantile Exchange gold futures market increased by $ 39.3 on the 17th from the previous trading day to close at $ 1525.8 per ounce, an increase of 2.64%.
The US dollar index rose sharply on the 17th. As of late trading in New York, the US dollar index, which measures the dollar against six major currencies, rose by 1.51% to 99.5654.
U.S. stocks rebound sharply, Dow rises by more than 1,000 points, U.S. government pushes trillion-dollar stimulus plan
2020 03/18