[Continuous Update] Three major U.S. stock indexes closed more than 9%, S & P has the largest increase in 12 years

Financial news

Written by: Zheng Baosheng

2020-03-13 20:46

The three major U.S. stock indexes slumped yesterday, of which the Dow plummeted 2352 points or 9.99% to close at 21200 points, the largest one-day drop since "Black Monday" in 1987. However, on the afternoon of today, 13th, Hong Kong time, the Group of Twenty expressed support for the market, driving the Hong Kong stock market and the peripheral stock market to improve. The three major US stock futures rose more than 5%, indicating that US stocks opened higher. "Hong Kong 01" keeps track of European and American market conditions.

[04:10] US stocks surge sharply on the eve of market close

US President Trump has declared the country into a state of emergency, allocated $ 50 billion to fight the epidemic, and purchased crude oil as a strategic reserve. The three major US stock indexes subsequently rose sharply and closed at a rate of more than 9%. The Dow closed at 23852.62 points, up 1985 points, an increase of 9.36%; the Nasdaq was at 7874.23 points, an increase of 672.43 points, an increase of 9.34%; the S & P 500 index at 2711.02 points, an increase of 230.38 points, an increase of 9.29%, also since 2008 , S & P's biggest increase.

[03:24] HSI falls 133 points at night

The HSI night market closed at 23,742 points, down 133 points, and 291 points below the water.

[01:46] US stocks rebound in the middle

U.S. stocks rebounded in the trading hours after noon local time. The Dow rose nearly 950 points, currently at 22147.85 points, up 947.23 points, or 4.47%; the Nasdaq rose 4.03% to 7492.32 points; the S & P 500 index was 2591.39 points, up 4.42% .

[00:36] European stock markets closed slightly higher

European stock markets generally closed with an uptrend. The British FTSE index was at 5.353.63 points, up 1.87%. The German DAX index was at 9326.95 points, up 0.83%. The French CAC index was at 4118.36 points, up 1.83%. In addition, the Italian stock market rose 6.69%.

[23:44] Trump intends to announce national emergency into US stocks under pressure

"Bloomberg" quoted news that President Trump planned to declare the United States into a state of emergency at a later time, and the three major U.S. stock indexes then turned around and fell. As of 11:48 pm, the Dow rose 0.58% to 21323.75 points; the Nasdaq was up at 7211.15 points, up 0.27%; the S & P 500 index was 2493.25 points, up 0.51%.

[22:45] US stocks narrowed, gold prices continued to fall

At about 10:45 pm, the Dow was reported at 21833 points, up 632 points; the Nasdaq was reported at 7,467 points, up 265 points; the S & P 500 index was reported at 2566 points, up 86 points, and the increase was significantly narrower than when the market opened. The price of gold still fell to $ 1,569, down $ 21 or 1.32%.

[22:00] HSI falls overnight

At about 10 pm, the HSI night market (commonly known as night period) fell to 23,953 points, 80 points lower than the daily market closing.

[21:30] US stock market counterattack

The three major US stock index gaps opened higher. The Dow closed at 22,446 points, soaring 1246 points or 5.88%. The S & P 500 index was 2611 points, soaring 131 points 5.29%. The Nasdaq reported 7614 points, soaring 412 points 5.72%.

As for individual stocks, Boeing rose 12.06%; Disney rose 8.86%; Apple rose 6.7%; Intel rose 8.2%; Tesla rose 4.23%.

[21:15] US Treasury Secretary Says Time to Buy

US Treasury Secretary Steven Mnuchin "exported" before the opening of the US stock market, saying that the current market selling pressure is short-lived, saying that it is an attractive investment opportunity for investors who want to buy stocks at low prices.

[21:07] European stocks increase

European stocks expanded, with the Stoxx 600 index rising 6.1%; the British FTSE 100 index rising 7.33%; the French CAC40 index 7.57 %%; the German DAX index rising 8.5%.

[19:45] US stock futures rebound

The three major U.S. stock index futures soared, the Dow futures rose 1110 points or 5.3%, while the S & P 500 futures rose more than 5%, hitting daily limit. In addition, Apple and Disney's pre-market shares rose more than 7%, analysts said that Apple may consider buying Disney.

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