Financial news
Written by: Zhai Ziqian, Xu Shihao
2020-03-18 21:35
Last updated: 2020-03-19 04:09U.S. stocks rebounded sharply yesterday, but after-hours futures continued to fall and fell to a halt. Hong Kong stocks followed a sharp fall of more than 1,000 points and hit another 3-year low. None of the European stock markets were spared.
[0404] Although the US stock market rebounded at the end, the Dow failed to return to 20,000 points
US stocks rebounded near the close of the market. The Dow closed down 6.3% to 19898.92 points, down 1338.46 points, similar to Trump's performance when he took office.
On January 20, 2017, Trump took office as president, the Dow reported at 19827, and today the Dow fell below this level, which means that the "US stock performance" that Trump has been proud of no longer exists.
The Nasdaq closed at 6898.84 points, down 344.94 points, or 4.70%; the S & P 500 index was 2398.22 points, down 130.97 points, or 5.18%.
[0226] U.S. stocks fell without stopping Dow once lost 19,000 points
The decline in U.S. stocks continued. The three major indexes continued to decline during the afternoon trading session. The Dow fell 2229.66 points to 18946.72 points, a decrease of 10.79%. The Nasdaq reported 6669.83 points, a decrease of 6636.95 points, a decrease of 8.68%. 245.47 points, a decrease of 9.71%.
[0201] European stocks closed down
The performance of European stock markets fell across the board. The British FTSE index fell to 5.907.09 points, down 3.74%. The German DAX index fell 5.47% to 8450.25 points. The French CAC index fell nearly 6% to 3758.84 points, a drop of 5.94%.
[0116] Trading session reopens, downward trend continues
U.S. stocks triggered the fuse mechanism for the fourth time in a month, and reopened after 15 minutes of market halt, but the decline expanded. The Dow closed at 19474.34 points, down 1763.04 points, or 8.3%; the Nasdaq was at 6689.32 points, down 465.46 points, or 6.35. %; The S & P 500 index was 2339.91 points, down 189.28 points, or 7.48%.
[0107] GBP / USD plunged 4.2% to 1.1539.
The US dollar index rose 2.13% to 101.7, dragging down commodity prices. New York oil futures tumbled 17.07% to $ 22.35. The price of gold also fell 2.67% to $ 1,485.
[0056] S & P 500 Index Triggers Fuse Mechanism Again
The S & P 500 index recorded a 7.01% drop at 12.56 noon local time, triggering the fuse mechanism, and US stocks need to be closed for 15 minutes. This is also the fourth time that US stocks triggered a fusing in March, and also the fifth time in its history. The first four triggering times were: October 19, 1987, March 9, 2020, March 12, 2020, and March 16, 2020.
Detailed explanation of the "fuse three-level system" of the US stocks: If the S & P 500 crosses the key three indexes, it will stop.
[US Stock Fuse] The Dow closed down more than 2000 points and triggered the fusing mechanism at most once in history
[US stock meltdown] Dow hits the largest point drop in history, evaporates "Superman" 50 times in three weeks
U.S. stocks fell to 3 times within 8 days to fuse network media stocks God Buffett lost $ 80 billion
Before the suspension of trading, the S & P 500 index was reported at 2351.90 points, down 177.29 points, or a drop of 7.01%; the Dow fell 7.82% to 19576.75 points, or 1666.63 points; the Nasdaq was reported at 6872.41 points, down 462.37 points, or 6.30%.
[2300] Dow's decline again expanded
The Dow once narrowed, and then fell again, down nearly 6% to 20006 points; the S & P 500 was last reported at 2399 points, down 130 points or 5.1%; the Nasdaq was reported at 7037.6 points, down 297 points or 4%.
The US dollar index continued to rise, temporarily rising 1.36% to 100.85.
[22:36] US dollar index continues to rise
The US dollar index continued to rise, temporarily rising 1.28% to 100.78.
[22:30] Apple launches new iPad Pro
Apple introduced the latest iPad Pro, which uses a lens similar to the iPhone 11 Pro on the back, with wide-angle shooting, and incorporates LiDAR technology for optical detection and ranging. The price ranges from 6,399 yuan to 13,099 yuan.
Apple's stock price has not been stimulated by related news, the latest report was 246.79 US dollars, down 2.4%.
Apple Inc. launches new iPad Pro, starting at 6,399 yuan. (Company website picture)
[22:16] Hang Seng Index turns to 3 o'clock at night
The Hang Seng Index turned 3 points higher at 22,295 points at night. However, it turned around quickly, with the latest reported at 22120 points, up 114 points and 172 points below the water.
[22:05] Dow's decline narrowed to less than 4%
The Dow once fell more than 1,300 points at the opening of the market, and then narrowed its decline. The latest drop was 832 points to 20,405 points. The S & P 500 last reported 2446 points, down 82.8 points or 3.3%. The Nasdaq latest reported 7158 points, down 176.7 points or 2.4%.
The decline in technology stocks narrowed. Apple fell 2.8%, Microsoft fell 1.8%, Google's parent Alphabet fell 2.7%, Facebook fell 2.9%, and Amazon rose 1.3%.
Boeing once fell below the $ 100 mark at the start of the market, with the latest quote of $ 104.55, a drop of more than 15%; Delta Air Lines fell nearly 20%; United Airlines fell 14.5%; American Airlines also fell more than 12%.
As for Europe ’s largest aircraft manufacturer, Airbus was not immune, plunging 15.3% to 53.39 euros.
[22:00] Sterling fell more than 2%
The GBP / USD once fell below the 1.18 mark and fell more than 2%. It was last reported at 1.1801 and fell 2.1%. The GBP / HKD continued to fall and once tested the level of 9.15. It was last reported at 9.1856 and fell 1.7%. The EUR / USD fell 1.2%. At 1.0819, the dollar rose nearly 40 pips against the yen and rose above the 108 level for the first time since March 3.
[21:43] CEO of DoubleLine Capital expects 90% decline in the US
After the market opened, Jeffrey Gundlach, CEO of DoubleLine Capital, said that the chance of a recession in the United States is as high as 90%, and the final amount of US stimulus measures may exceed $ 1 trillion.
[21:36] China's stocks fell across the board, Ali dropped nearly 5%
The US dollar index rose 0.91% to 100.715, dragging down the prices of various commodities, and the price of gold fell 1.2% to $ 1,507.1. Before the US market opened, it had seen a low of $ 1,487.9.
Boeing once fell below the $ 100 mark, falling as low as $ 99.53, down 19.8%; the latest report was $ 100, down 18.9%; as for technology stocks, Apple fell 4%, Microsoft fell 5%, Amazon fell 3%, Google parent company Alphabet shares fell 5% and Facebook fell 7%.
US stocks and Chinese stocks weakened, Alibaba fell 4.9%, JD.com fell 6.9%, and Pinduo fell 4.8%. President Xi Jinping said earlier that the spread of epidemics abroad and its adverse effects on the world economy have also brought challenges to China's epidemic prevention and control and economic development.
US President Trump said recently that the US economy may be in recession. (Profile picture)
[21:34] Boeing drops nearly 20% in the early stages
Boeing's early lows were $ 99.53, down 19.8%.
[21:30] The Dow has fallen more than 1,300 points
After rising sharply by more than a thousand points on Tuesday, U.S. stocks resumed their decline today. The Dow once fell more than 1,300 points. It was last reported at 19962 points, down 1,274 points or 6%. S & P ’s latest report was 2392 points, down 136 points or 5.3%. The Nasdaq's latest index was 6,927 points, down 407 points or 5.5%.
[21:18] European stocks continue to find bottom, British stocks fall 4.8%
European stock markets continue to bottom, the British FTSE index last reported at 5,040 points, down 254 points or 4.8%, the German DAX index was last reported at 8435 points, down 505 points or 5.7%, the French CAC index was last reported at 3747 points, down 244 points or 6.1 %, The Italian FTSE MIB index last reported at 14,878 points, down 424 points or 2.8%, and the Spanish IBEX index was 6246 points, down 249 points or 3.2%.
[21:15] New York oil hits 18-year low
New York oil futures fell below 24 US dollars, the lowest since June 2002, and fell more than 10% in the day. The latest barrel price was 23.816 US dollars, down more than 11%.
Brent futures oil fell more than 6% and fell below $ 27, the lowest since November 2003; gold prices fell, and New York futures gold fell by nearly 2% to $ 1,498.87 an ounce.
[21:08] US dollar index rises above 100
The US dollar continued to be strong, and the US dollar index rose above 100, the first time since April 2017. The latest report was 100.19, up 0.62%.
The dollar rose against major currencies, with the euro falling 0.55% against the US dollar at 1.0936, the pound against the US dollar at 1.1852, down 1.68%, the Australian dollar against the US dollar at 0.5889, down 1.85%, and the dollar against the Canadian dollar, which rose 1.34%. 1.4392.
[19:25] Boeing plunges 17%
Boeing's stock price showed no improvement. Following a downtrend of 4.2% on Tuesday, it fell 17% before the market today.
[18:55] Night-time decline extended to 300 points, low water over 600 points
The Hang Seng Index had a low of 21674 points during the night, down 329 points, and a low of 617 points.
[18:35] The three major European indexes fell nearly 5%
European stock markets fell. The three major indexes all recorded declines of more than 4%. The FTSE index last reported at 5,040 points, down 254 points or 4.8%. The German DAX index was last reported at 8523 points, down 415 points or 4.7%. The French CAC index was last reported at 3793. Points, down 198 points or 5%. Short-selling of the Italian FTSE MIB index for 3 months was last reported at 15006 points, down 308 points or 2%, while the Spanish IBEX index was down 4.3% or 279 points, and last reported at 6218 points.
[17:35] European stock markets decline
The latest British FTSE 100 index fell more than 5%; the German DAX index fell 5.2%; the French CAC index was soft 5.1%; the Italian FTSE MIB index was 1.5% lower.
[17:30] Hang Seng Index fell by more than 100 points at night
The Hang Seng Index opened at 22003 points at night, then expanded its losses and fell below the 22,000 points mark. It was last reported at 21856 points, down 150 points, and about 3,900 contracts were traded.
[16:30] HSI futures close at 22006
The HSI futures stood at 22,000 points and closed at 22006 points, down 1013 points and 286 points lower.
[16:23] European stocks fall steady, HSBC London price shows no fluctuations
The latest British FTSE 100 index fell about 3.2%; the German DAX index fell 3.4%; the French CAC index was soft 2.9%; the Italian FTSE MIB index was 1.4% lower.
HSBC (0005) 's latest London price was reported at 4.7655 pounds, equivalent to 44.55 Hong Kong dollars, which was similar to the closing price in Hong Kong.
[16:08] Nasdaq ETF falls more than 5%
US stock futures hit a daily limit and no quotes have been updated for several hours. The latest Nasdaq ETF (QQQ) fell 5.5% before the market.
[16:00] Major European stock markets are generally popular
The UK's FTSE 100 index fell 3.5%; Germany's DAX index inserted 3.6%; Italy's FTSE MIB index was 1.6% lower.
European stock markets