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[Continuous Update] US stocks re-enter the bull market and the Dow closes 1300 points higher

2020-03-26T20:21:57.253Z


US stocks fluctuated overnight, and the Dow Jones index closed nearly 500 points higher. Asia-Pacific stock markets fell. The three major A-share indexes fell 0.5% to 0.8%, and the HSI closed down more than 200 points. [16:01] Technology stocks fall more than 300 points


Financial news

Written by: Jia Jun, Zhai Ziqian District

2020-03-26 22:58

Last updated: 2020-03-26 22:58

US stocks fluctuated overnight, and the Dow Jones index closed nearly 500 points higher. Stock markets in the Asia-Pacific region fell. The three major A-share indexes fell 0.5% to 0.8%, and the HSI also fell 174 points.

[04:05] U.S. stocks are nearing the end, and the Dow Jones Industrial Average has surged more than 6.3%

U.S. stocks suddenly came close to the close, and the Dow continued to rise. The final close was 22552.17 points, up 1351.62 points, or 6.38%. A total of three consecutive trading days of market performance, the Dow hit its best consecutive three-day gain since October 1931, and it was 20% higher than the three-day low, ending the shortest bear market in history.

The Nasdaq closed at 7779.54 points, up 413.24 points, or 5.60%; the S & P 500 index closed at 2,63.07 points, up 154.51 points, or 6.24%, and the best three-day performance since April 1933.

[03:30] Gold price rose 1.1%

The United States recorded a record-breaking 3.28 million people applying for unemployment benefits for the first time last week, reflecting the economic situation or worsening. The exchange rate of the U.S. dollar has weakened, and the price of safe-haven gold has rebounded. US $ 17.8 or 1.1%; May silver futures closed at US $ 14.676 per ounce, down 19.7 US cents or 1.3%.

[01:59] US stocks narrowed in the afternoon

US stocks narrowed slightly in the afternoon on Thursday. The Dow gained less than 1,000 points. Boeing's stock price soared 17.25% for the time being, and it was temporarily the strongest performing Dow component.

The new pneumonia (commonly known as Wuhan pneumonia) epidemic has had a huge impact on the U.S. economy. The Department of Labor announced that the number of new local claims for unemployment benefits reached a record-breaking 3.28 million people, far exceeding the market's original 1.5 million people. There are more stimulus measures. US Senate passes US $ 2 trillion rescue plan; G20 will launch US $ 5 trillion to boost economic plan; Fed Chairman Powell appease the market, stressing that the Fed's ammunition is not exhausted, and the bureau will continue to use all tools to deal with the outbreak caused by the outbreak Economic slowdown, I believe the economy will rebound.

[01:37] European stocks closed well

European stock markets generally closed with an increase. The British FTSE index was at 5815.73 points, up 2.24%; the German DAX index was at 10007.50 points, up 1.35%; the French CAC index was at 4435.58 points, up 2.51%.

In terms of U.S. stocks, the gains of the three major indexes have narrowed after noon. They are currently reported at 22024.88 points, an increase of 824.33 points, or an increase of 3.89%. , Rose 93.327, an increase of 3.77%.

[00:27] Dow rose 5% at noon

U.S. stocks rose slightly during the noon trading session, but the overall trend continued to improve, the Dow closed at 22271.83 points, up 1071.28 points, or 5.05%; the Nasdaq reported 7767.13 points, up 286.83 points, or 3.88%; the S & P 500 index reported 2592.97 points, up 117.41 points, or 4.74%.

[23:30] Three major indexes increase

U.S. stocks' gains expanded. The Dow rose more than a thousand points and is currently at 22217.21 points, up 1016.66 points, or 4.80%. The Nasdaq is currently up 3.84%, or 28.72 points, at 7678.01 points. The S & P 500 index is 2588.45 points, up 112.89 points. An increase of 4.56%.

[22:45] G20: Minimize damage to the epidemic at all costs

In response to the "new crown pneumonia" (also known as Wuhan pneumonia) epidemic, the Group of Twenty (G20) held a special summit today (26th) to discuss the latest countermeasures of various countries in response to the epidemic. According to reports, President Xi Jinping emphasized at the summit that the epidemic had a global impact on global production and demand, and countries should join forces to increase macro policy hedging efforts to prevent the world economy from falling into recession, implement effective and effective fiscal and monetary policies, and strengthen financial supervision. Coordinate and maintain the stability of global industries and supply chains.

After the meeting, G20 leaders issued a joint statement saying that all feasible policy tools were used at all costs to minimize the economic and social damage caused by the new crown virus pandemic. The G20 central bank governors and finance ministers would be required to study the G20 action plan to Response to the epidemic, and work hard to strengthen international trade cooperation.

The statement also pledged to take all necessary health measures to seek to ensure adequate funding to control the pandemic virus pandemic.

[22:18] Dow regains 22,000 points

The Dow continued its rally, rising to 22,105 points at one point, and last reported at 22053 points, up 852 points or about 4%; the Nasdaq rose 3%; the S & P rose 3.8%.

[22:07] Dow rose over 750 points

The Dow continued to expand, with the latest gain of 750 points or 3.5% to 21950 points; the Nasdaq rose 216 points or 3% to 7601 points; the S & P rose 83 points or 3.4% to 2559 points.

Boeing rose more than 11%, making it the best performing Dow component; American Express rose more than 8%, Coca-Cola rose more than 7%, and Apple Inc. rose 1.3%.

The Hang Seng Index futures last night was 23632 points, up 457 points and 280 points high.

[21:30] U.S. stock market rally continues Dow early gains over 200 points

US stocks rose for the second consecutive day and continued the gains of the previous day. The Dow rose 239 points or 1% in the early stages to 21440 points. The S & P rose 26 points or 1% to 2501 points, and the Nasdaq rose 80 points or 1% to 7,464 points.

US stocks rose, with Delta up 3.8%; American Airlines up 4.1%; United Airlines up 4%. Boeing continued to rise more than 8%.

The epidemic has had a huge impact on the US economy. The Ministry of Labor announced that the number of new local people claiming unemployment benefits reached 3.28 million, far exceeding the 1.5 million people originally expected by market participants. (Profile picture)

[21:08] Dow futures down

The market rebounded at 21,124 points, up 98.5 points or 0.5%. S & P 500 futures also rose 3 points or 0.1% to 2,470. Nasdaq 100 futures rose 28 points or 0.4% to 7,496 points.

[20:53] Dow declines narrowed

After the release of new claims data, the Dow futures narrowed, the latest reported at 20911 points, down 115 points, S & P futures fell 21 points or 0.9% to 2445 points, the Nasdaq futures fell 48 points or 0.6%, the latest At 7419 points.

[20:50] 3.28 million people claim new unemployment benefits in the United States

The new crown pneumonia (commonly known as Wuhan pneumonia) epidemic has had a huge impact on the US economy. The Ministry of Labor announced that the number of new local people claiming unemployment benefits reached 3.28 million, far exceeding the 1.5 million people originally expected by market participants.

Relevant data broke all historical records. Last week, the number of newly applied for unemployment benefits was 282,000. At that time, the impact of the epidemic on the local job market was still not reflected.

As for the four-week average that can reduce data distortions, the number of new claims for unemployment benefits was 1.731 million, compared with 27,500 last week.

[20:08] European declines widen

The decline in European stock markets expanded. The three major indexes all fell more than 2%. The British FTSE index last reported at 5573 points, down 115 points or 2%. The German DAX index was last reported at 9626 points, down 247 points or 2.5%. The French CAC index was last reported. 4326 points, down 106 points or 2.4%. Italy's MIB index stayed close to 17000 points, the latest reported at 17,007 points, down 238 points or 1.4%, and Spain's IBEX index last reported at 6,825 points, down 117 points or 1.7%.

The futures of the three major US index futures have intensified. The Dow futures last reported 20654 points, down 372 points or 1.8%, the S & P futures last reported 2418 points, down 49 points or 2%, and the Nasdaq futures fell 116 points or 1.6%. 7351 points.

[19:04] Three major European indexes go down

European stock markets are down, the British FTSE index last reported at 5596 points, down 92 points or 1.6%, the German DAX index was last reported at 9702 points, down 173 points or 1.8%, and the French CAC index was last reported at 4364 points, down 68 points or 1.53% . Italy's MIB index last reported at 17,141 points, down 101 points or 0.6%, and the IBEX index was last reported at 6876 points, down 66 points or 1%.

US stock futures also fell. The Dow futures last reported 20927 points, down 98 points or 0.5%, the S & P futures last reported 2442 points, down 25 points or 1%, and the Nasdaq index last reported 7408 points, down 59 points or 0.8%.

[16:01] Technology stocks fall more than 300 points

Daoqi continued to expand in the afternoon, having fallen more than 400 points, and now it is down about 320 points to 20700 points. Large-scale U.S. technology stocks were weak before the market. Apple fell 0.9% to $ 243.37; Microsoft fell 0.7% to $ 145.97; Facebook fell 1% to $ 154.65. In addition, Tesla fell 2.8% to $ 525.6 before the market; Boeing continued to rise 3.3% to $ 164.

[16:00] Major European stock markets fall more than 2%

The British FTSE 100 index fell 3.5%; the German DAX index fell 2.5%; the Italian MIB FTSE index rose 2%; the French CAC index fell 2.2%.

European stock market

Source: hk1

All news articles on 2020-03-26

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