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[Continuous Update] U.S. stocks experience worst week since 2008, HSI closed down 3.6%

2020-03-20T20:28:24.578Z


US stocks rebounded overnight and the futures market continued to improve after the market. The Dow futures rose more than 600 points. Hong Kong stocks have risen more and more, and the closing rally has maintained more than 1,000 points. [1605] US stock futures surged 3% to 4% Dow futures rose more than 600


Financial news

Written by: Zhai Ziqian, Xu Shihao

2020-03-20 22:26

Last updated: 2020-03-21 04:16

US stocks rebounded overnight and the futures market continued to improve after the market. The Dow futures rose more than 600 points. Hong Kong stocks have risen more and more, and the closing rally has maintained more than 1,000 points.

[04:05] Three major indexes closed low, "Trump gains" no longer

US stocks opened higher and closed lower. The Dow continued to fall in the afternoon trading session, and finally closed down 913.21 points at 19173.98 points, a decline of 4.55%, which was 35% less than the February high. The Nasdaq is reported at 6687.52 points, down 271.06 points, or a decrease of 3.79%. The S & P 500 index was 2304.92 points, down 104.47 points, or 4.34%.

The Dow closed this week below the performance of President Trump at the inauguration, meaning that the increase in more than three years has evaporated.

[03:46] HSI's night closing price fell more than 3.6%

The Hang Seng Index closed with a downtrend at night. The March futures index was at 22,219 points, down 838 points, or 3.63%, and was at a low price of 586. The April futures index was 22,183 points, down 872 points, or 3.78%, and was at 622.

[02:30] US stocks continue to decline

U.S. stocks continued to decline during the afternoon trading session. The Dow fell 2.10% to 19666.29, down 420.90; the Nasdaq fell to 7053.10, down 97.48, or 1.36%; the S & P 500 index fell to 2537.73, down 55.66, or 2.31%. .

WTI crude oil fell 8.76% to $ 23.64 per barrel; London Brent crude fell 1.98% to $ 29.70 per barrel.

[02:00] New York Fed rescues economy

The New York Federal Reserve Board announced that it will make an additional purchase of $ 15 billion in real estate mortgage securities (MBS) on the same day, which will be executed in two stages. Authorities plan to buy at least $ 100 billion MBS in the week of the 23rd to the 27th, and buy another $ 40 billion MBS on the 23rd in four operations.

U.S. stocks performed steadily. The Dow closed at 19954.50 points, down 132.69 points, or 0.66%. The Nasdaq was at 7169.00 points, up 18.42 points, or 0.26%. The S & P 500 index was 2389.60 points, down 19.79 points, or 0.82%.

The Hang Seng Index fell overnight, with March futures at 22456 points, down 601 points, or 2.61%, down 349; April futures at 22434 points, down 621 points, or 2.69%, and low 371.

[01:35] European market performance stabilizes

European stock markets generally closed well, with the British FTSE index at 5156.33 points, up 0.09%; the German DAX index at 8928 points, up 3.69%; the French CAC index, which rose sharply by 5.01%, to 4,048.80 points.

[00:37] US stocks turn down

US stocks were weak after noon local time, and all three major indexes fell. The Dow was at 19851.31, down 235.88 points, or 1.17%. The Nasdaq was at 7078.12, down 72.46 points, or 1.01%. The S & P 500 index was at 2371.57 points, down 37.82 points, or 1.57%.

[00:17] Hang Seng Index Nightfall Increased

The Hang Seng Index March futures night market expanded its decline to 22,500 points, down 557 points, or a decline of 2.42%, a low of 305.

April futures were reported at 22,519 points, down 536 points, or a 2.33 percent decline, at a low of 286.

[23:39] Air France and Airbus plans to apply for assistance from the French government

Bloomberg quoted sources as saying that Air France-KLM Group and Airbus are ready to receive assistance from the French government to ensure the company has sufficient cash reserves.

After the news came out, Air France KLM's stock price rose 3.34%; Airbus's stock price rose more than 25%.

[23:32] Netherlands plans to borrow 45 to 65 billion euros to fight the epidemic

The Dutch state news agency ANP quoted Treasury Secretary Wopke Hoekstra as saying that the government plans to borrow 45-50 billion euros for anti-epidemic purposes over the next three months. The amount is more than expected.

The local stock market rose 2.39%.

[23:03] Fed expands asset purchase plan to municipal bonds

The Federal Reserve announced that it has extended its asset purchase program to short-term municipal bonds. The Fed states that the authorities maintain market liquidity to stabilize the financial system and credit markets only at the level of government bonds and home mortgage bonds, but the continued chaos in state and local government debt markets has prompted the Fed to take further action to combat the new pneumonia Impact of the epidemic.

Stimulated by the news, the three major U.S. stock indexes continued to rise. The Dow rose over 300 points to the latest at 20442 points, up 354 points or 1.77%; the Nasdaq rose 175 points or 2.45% to 7325 points; the S & P rose 32 points or 1.4% At 2442.

[22:34] VIX index continues to fall

The VIX index, which reflects the market panic, continued to fall, and the latest fell below 60 points to 58.33 points, down 19%.

Spot gold rebounded and continued to challenge the US $ 1500 / ounce level, with the latest quote at US $ 1494, up 1.55%.

[22:23] HSI overnight down nearly 1.6%

Three major U.S. stock indexes rose, the Dow rose nearly 1%; the Nasdaq rose nearly 2%; the S & P rose 0.6%

The latest Hang Seng Index fell 362 points or 1.57% at 22695 points and was 110 points lower.

[21:44] Dow down VIX index to cross 70 level

The Dow fell, falling further below the 20,000-point mark, down 163.9 points or 0.8%; the Nasdaq rose 0.5%, while the S & P also fell from the up and down, temporarily dropping 21 points to 2387.

The VIX index, which reflects panic in the market, fell below the 70 level and was last reported at 68.33, down 5.10%.

International oil prices continued to fall, Brent oil fell more than 3% to $ 27.36 per barrel; New York oil fell 2.14% to $ 24.42 per barrel.

The Dow turned down, arguing at the 20,000 mark. (Profile picture)

[21:36] Aviation stocks rebound across the board

US stocks rebounded across the board, with Boeing up 1.37%, American Airlines up 4.28%, United Airlines up 7.5%, and Delta Air Lines up 7%.

China's stocks also generally rose. Baidu rose 2%, Pinduoduo rose 2.6%, JD.com rose 4%, and Alibaba ADR reported US $ 185.78, up 2.73%.

US stocks also rose, with Apple up 1.4%, Microsoft up 2.26%, Amazon up 3.1%, Google parent Alphabet up 0.8%, and Facebook up 3.5%.

[21:31] US stocks continue to rebound

U.S. stocks continued to rebound today. The Dow rose 155 points or 0.77% to 20242 points in the early session. The S & P's latest report was 2434 points, up 24 points or 1%. The Nasdaq's latest index was 7246 points, up 95 points or 1%.

Oil prices turned lower. Brent oil returned to US $ 30 / barrel at one time in the afternoon, the latest report was 28.13 US dollars, down 1.19%; New York oil futures also fell, the latest reported US $ 25.3, down 2.35%.

The decline in the US dollar narrowed, and the US dollar index was last reported at 102.09 US dollars, down 0.82%.

[21:10] US dollar regains 102 levels

The U.S. dollar index regained a level of 102. It was last reported at 102.05, down 0.68%. The U.S. dollar was last reported at 110.45, down 0.23%. The pound was last reported at 1.1789, up 2.65%, and the euro was up 0.16%, at 1.0709, AUD. It was last quoted at 0.5884 against the US dollar, up 2.46%, while the US dollar was down 3.12% against the South Korean won, and was last reported at 1,245.63.

[21:04] Dow futures narrowed to less than 300 points

European stock markets continued to narrow their gains. The UK's FTSE index was last reported at 5244 points, up 94 points or 1.8%, the German DAX index was last reported at 8949 points, up 338 points or 3.9%, and the French CAC index was reported at 4039 points, up 183 points or 4.8%, Italy's FTSE MIB index rose 276 points 1.8%, the latest reported at 15,743 points.

The Dow futures narrowed to 296 points or 1.5%, the latest reported at 20171 points, the S & P futures rose 27 points or 1.1%, the latest reported at 2416 points, and the futures index futures last reported at 7461 points, up 188 points or 2.6%.

[19:38] Dow futures narrowed

US stock futures narrowed, with the latest Dow futures at 20363, up 488 points or 2.5%, the S & P futures at 2436 points, up 47 or 2%, and the Nasdaq futures at 7521 points, 247 or 3.4%.

European stock markets continued to rise, the British FTSE index rose 116 points or 2.3%, the latest report was 5269 points, the German DAX index was last reported at 8972 points, rose 365 points or 4.2%, and the French CAC index was reported at 4064 points, which rose 209 points or 5.4% The Italian FTSE MIB index last reported at 15818 points, up 351 points or 2.27%, and the Spanish IBEX index last reported at 6640 points, up 244 points or 3.82%.

[18:10] Dow futures rose over 900 points

The Dow futures expanded, with the latest report at 20842 points, up 967 points or 4.9%, the S & P index futures rose 2495 points, up 106 points or 4.5%, and the Nasdaq futures rose 355 points or 4.9%, and last reported 7629 points.

European stock markets continued to rise. The British FTSE index last reported at 5320 points, up 168 points or 3.3%. The German DAX index was last reported at 9110 points, up 500 points or 5.8%. The French CAC index was last reported at 4100 points, up 244 points or 6.3% The Italian MIB index was last reported at 16,133 points, up 666 points or 4.3%, and the Spanish IBEX index was last reported at 6,714 points, up 318 points or 5%.

European stock markets continued to rise. (Profile picture)

[16:25] Bitcoin once surged with the outside world

According to the Coindesk platform, Bitcoin's latest report was 6,679.52, with a maximum draw of 6,726.99 during the session, which surged 24% in 24 hours.

[16:15] HSI futures touched 23,000 points

The Hang Seng Index closed at a daily high and rose by 1,095 points. Futures moved up again and saw a high of 23,000 points, up 1,159 points, and a high of 194 points.

[16:03] Nasdaq futures rose by nearly 5% before the daily limit rose more than 7%

The three major U.S. stock index futures increased, with the Nasdaq futures rising 357 points or 4.9% to a daily limit of 7631 points; the Dow futures rising more than 600 points or 3% to 20527 points; the benchmark index futures rising 80 points or more than 3%.

As for individual stocks, the rebound of technology stocks once again led. Apple rose more than 5% to $ 257.6; Amazon rose nearly 5% to $ 1973; Microsoft rose more than 5% to $ 150.2.

Tesla rose nearly 5% to $ 448; Nike rose more than 3% to $ 72.8; Starbucks rose more than 4% to $ 64.9; Boeing rose more than 7% to $ 104.

[16:00] Asian stock markets lead the three major European indexes

The latest British FTSE 100 index rose more than 4%; Germany's DAX index rose 5%; Italy's FTSE MIB index rose 2%.

European stock market

Source: hk1

All news articles on 2020-03-20

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