Financial news
Written by: Zhai Ziqian, Zhang Weilun
2020-03-11 23:04
Last updated: 2020-03-11 23:06The Bank of England announced that members of the Bank's Monetary Policy Committee unanimously approved a 50 basis point cut to 0.25% and introduced a new SME Funding Scheme (TFSME) to allow banks to lend additional funds to SMEs.
Thanks to the release of the Bank of England, the European stock market improved in the early stages, but the increase soon narrowed, and the Italian stock market fell even more. U.S. stocks hit the V on Tuesday (10th), and the tail market rose sharply. The Dow drew more than 1,300 points from its low position, and was close to the close of the day. However, as the number of new cases of new pneumonia diagnosed in the United States has exceeded 1,000, plague the market again, and market conditions are expected to fluctuate.
[23:03] Dow's decline narrows
The Dow fell slightly, with the latest report at 24128 points, down 889 points, the Standard & Poor's index fell 2786 points, down 95 points or 3.3%, the Nasdaq fell 255 points or 3.1%, and last reported at 8088 points.
[22:50] The Dow drops another thousand points
The Dow continued to fall, with a maximum of 1020 points inserted, a low of 23997 points, and a loss of 24,000.
[22:45] Boeing shares plummet
Boeing (BA) continued to expand after opening lower. The latest stock price fell by 10% to 205.56 yuan.
[22:35] Dow's decline widens to 3.7%
The decline in US stocks has expanded, with the latest Dow index reporting at 24099 points, down 918 points or 3.7%, the Standard & Poor's index at 2789 points, 92 points or 3.2%, and the Nasdaq index at 8103 points, 240 points or 2.9% .
[22:10] The Dow drops more than 700 points, Boeing drops 7.3%
US stocks tumbled, the Dow fell more than 700 points, many constituent stocks fell, Boeing fell 7.3%, Apple fell 2.9%, and JP Morgan Chase fell 2.8%.
Electric vehicle maker Tesla rose 0.6% against the market.
[21:50] Dow drops to 800 points
After the Dow opened 400 points lower, the decline had expanded to 856 points or 3.4%.
[21:40] HSI overnight keeps up with narrowing declines
Half an hour before the opening of the US stock market, the Hang Seng Index fell 136 points at one night and was 238 points lower. After the U.S. stock market opened, the night period briefly rose, the latest reported 25071 points, down 58 points.
[21:30] Three major US stock indexes open lower
The Dow Jones index opened 413 points lower at 24,604 points, and has fallen more than 700 points in the early stages.
The Nasdaq opened at 8,136, down 208 points.
The S & P 500 index opened at 2,825 points, down 56 points, and fell 81 points.
[20:43] Dow futures fall by more than 600 points
The Dow futures still maintained a decline of more than 600 points, with the latest report at 24185 points, down 664 points, the S & P futures report at 2785 points, down 80 points, and the Nasdaq futures at 8109 points, down 222 points.
[19:50] US stock futures continue to soften
The decline in the Dow futures gradually expanded to more than 600 points, down 2.5%; the Nasdaq futures also fell 200 points or 2.4%; the benchmark futures inserted nearly 80 points or 2.7%.
[18:30] Hang Seng Index fell 23 points at night
The Hang Seng Index fell sharply in the night period, falling 23 points at one time, and 125 points below the water.
[18:20] Major European stock markets are generally up
The latest British FTSE index rose 0.9%; the German DAX index rose 1.8%; the French CAC index also rose nearly 1.9%; the recent weaker Italian FTSE MIB index also rose 1%.
The three major US stock index futures still fell. Dow Jones Index futures fell 722 points at 1:45 pm in Hong Kong. Following the sudden announcement of interest rate cuts by the Bank of England, the decline narrowed to 200 points, and the latest drop was about 400 points or 1.7. %; Nasdaq and benchmark futures fell 1.8%.
US stocks war report European stocks