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U.S. stocks rise more than 2% on election day

2020-11-03T21:26:34.068Z


[05:05] The Dow rose more than 500 points as of 5:05 am Hong Kong time, the Dow closed at 27477.2 points, up 552.35 points, or 2.05%; the Nasdaq closed at 11160.57 points, up 202.96 points, or 1.85%; S&P 5


Financial News

Written by: Zhai Ziqian and Li Fuyuan

2020-11-03 23:27

Last update date: 2020-11-04 05:17

【05:05】The Dow rose more than 500 points

As of 5:05 am Hong Kong time, the Dow closed at 27477.2 points, up 552.35 points, or 2.05%; the Nasdaq closed at 11160.57 points, up 202.96 points, or 1.85%; the S&P 500 closed at 3,369.12 points, up 58.88 points, or 1.78. %.

In addition, Alibaba (US: BABA) closed at US$285.59 per share, down 8.12%.

[02:24] Alibaba fell more than 8%

As of 2:24 am Hong Kong time, the Dow had reported 27468.62 points, up 543.57 points, or 2.02%; the Nasdaq reported 11165.26 points, up 207.65 points, or 1.9%; the S&P 500 index reported 3371.35 points, up 61.11 points, or 1.85. %.

In addition, Alibaba (US: BABA) reported US$285.35 per share, down 8.2%.

【02:01】European stocks closed up more than 2%

European stock markets opened higher on Tuesday (November 3). The pan-European index Stoxx 600 finally closed at 356 points, an increase of 2.34%; the banking stocks rose 4.4% and BNP Paribas (BNP Paribas) The third quarter results beat expectations, and the stock price soared by more than 6%.

The British FTSE 100 index closed at 5786.77 points, up 2.33% or 131.8 points; the German DAX index closed at 12088.98 points, up 2.55% or 300.7 points; the French CAC 40 index closed at 4,805.61 points, up 2.44% or 114.47 points.

[01:40] U.S. stocks continue to improve during the afternoon market

The U.S. stock market continued to improve during the afternoon session. The three major indexes maintained their gains at about 2%. The Dow reported 27515.33 points, up 590.28 points, or 2.19%; the Nasdaq reported 11180.37 points, up 222.76 points, or 2.03%; the S&P 500 index It reported 3376.44 points, up 66.20 points, or 2%.

[00:34] The Dow once rose nearly 700 points

The US general election is underway, and the local stock market continues to expand, with a rise of nearly 700 points.

The Dow recently reported 27585 points, up 660 points, the S&P index rose 75 points to 3385 points, and the Nasdaq Index last reported 11191 points, up 234 points.

[23:24] Three major indexes rose more than 2%

On election day in the United States, no state has announced the voting results yet. The three major indexes have been completed across the board, and the latest rise is over 2%.

Among them, Chinese concept stocks Pinduoduo (PDD) rose more than 7.5%; Tesla (TSLA) rose 5.7%; Twitter (TWTR) rose more than half.

Bank of America stocks generally rose, with Goldman Sachs (GS), JPMorgan Chase (JPM), Morgan Stanley (MS) and Citi (C) all rising more than 3%.

【23:06】The night time has lost more than 300 points

Stepping into the election day on November 3, the three major US stock indexes rose across the board, the Dow rose more than 500 points, the Nasdaq also rose 1.5%; the benchmark index rose 1.7%.

Ant Group (6688) announced this evening to suspend the listing of "A+H", which dragged down Alibaba (US: BABA) by nearly 10%, but it still fell more than 7% recently.

The Hang Seng Index was also affected during the night market. The decline once expanded to more than 300 points, reaching a low of 24,716 points, and the latest recovery of 24,800 points.

Earlier this evening, the Shanghai Stock Exchange suspended the listing of Ant Group (Shanghai: 688688) A shares. The Hong Kong Stock Exchange recently announced that it has suspended the listing of Ant (6688) H shares.

According to the announcement, Ant Technology Group announced today that it has received notice from relevant regulatory agencies in Mainland China. Due to the company’s actual controller, executive chairman and general manager being supervised and interviewed, and changes in the financial technology regulatory environment and other major matters, it may cause It did not meet the relevant issuance and listing conditions or information disclosure requirements, so it was decided to suspend the company's A-share listing on the Science and Technology Innovation Board.

Therefore, the simultaneous listing of H shares on the main board of The Stock Exchange of Hong Kong Limited will also be suspended.

U.S. presidential election

Source: hk1

All news articles on 2020-11-03

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