Financial News
Written by: Cao Jiajun
2021-01-05 01:37
Last update date: 2021-01-05 01:37
U.S. stocks plummeted on the first trading day of this year. Although the Dow and the benchmark index once set new highs, they fell shortly afterwards. The Dow once expanded to more than 700 points, reaching a minimum of 29,881 points and falling below the psychological barrier of 30,000 points.
The three major indexes fell more than 2% on average.
As of 1:27 Hong Kong time, the Dow reported 29,984 points, down 621 points or 2.03%; the Nasdaq reported 12,603 points, down 284 points or 2.21%; the S&P 500 index reported 3676 points, down 79 points or 2.21%.
Coca-Cola fell 4.81%; it became the worst performing Dow component stock.
Boeing also fell 4.79%, both of which weighed on the market.
US stocks | The Dow fell more than 700 points after hitting a new high and fell below the psychological barrier of 30,000
Bitcoin and US stocks are "huge bubbles"?
What American economist Rosenberg said
Looking ahead to 2021, two major factors will support the continued bullishness of US stocks |
Galois
US stocks
