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Continuous updates | US stocks rebounded, GME roller coaster closed down 44.29% and rose 37.4% after market

2021-01-28T22:10:37.876Z


US stocks fell sharply on Wednesday. The Dow fell more than 600 points and rebounded 625 points today to regain lost ground. [05:40] Trading platform Robinhood stated that it will allow limited purchases of restricted securities on Friday, GameStop (GME)


Financial News

Written by: Zhang Weilun and Yang Qian

2021-01-28 23:25

Last update date: 2021-01-29 06:00

US stocks fell sharply on Wednesday. The Dow fell more than 600 points and rebounded 625 points today to regain lost ground.

【05:40】

Trading platform Robinhood stated that it will allow limited purchases of restricted securities on Friday, and GameStop's (GME) stock price rose 37.4% after the market.

【05:00】

US stocks closed, the S&P 500 reported 3787.3 points, up 0.98%; the Nasdaq reported 133376 points, up 0.5%, and the Dow Index reported 30603.36 points, up 300.19 points, or 0.99%.

GameStop (GME) closed at 193.6 US dollars, down 44.29%.

【03:15】

Qualtrics International (XM), a newly listed IPO, rose more than 45% in the first day of trading, reaching a high of US$44.5.

Application software development company Qualtrics International is a subsidiary of S&P 500 component German technology company SAP.

It was listed on Thursday at a listing price of US$30.

【01:05】

U.S. stocks rose further. The Dow recently reported 30928 points, up 625 points, the S&P index rose 74 points to 3825 points, and the Nasdaq rose 179 points to 13,450 points.

GME's decline narrowed, reporting a decline of about 10%.

As the stock price rose sharply, AMC, which announced the rights issue earlier today, continued to maintain a decline of more than 50%.

【00:30】

After the major trading platforms restricted trading, GameStop's stock price fell more than 50%, once fell 64%, and has repeatedly stopped.

Other speculative stocks such as AMC fell 60%, and BlackBerry, Bed Bath and Beyond fell more than 40%.

MarketWatch reported that the Speaker of the House of Representatives Nancy Pelosi (Nancy Pelosi) said Thursday that Congress will review GameStop (GME) because the unit has made major moves on Wall Street.

She told reporters in the briefing that she knew that the Biden administration was also investigating the situation and that "we will all review it."

She called the stock movement "interesting."

【23:24】

U.S. stocks expanded their gains. The Dow recently reported 30,794 points, up 491 points, the S&P index rose 57 points to 3,808 points, and the Nasdaq rose 143 points to 13,414 points.

【22:55】

After a sharp drop of more than 600 points on Wednesday, US stocks rebounded early today.

The Dow Jones index reported 30619 points, up 316 points, the S&P 500 index reported 3794 points, up 44 points, and the Nasdaq index reported 13,363 points, up 92 points.

The VIX index, which reflects investor panic, fell 18.8% to 30.23.

The performance of European stock markets was not as good. The German DAX index was last reported at 13,629 points, down less than 1 point, the British FTSE index reported at 6,534 points, down 32 points, and the French CAC index recently reported 5505 points, up 46 points.

US stocks

Source: hk1

All news articles on 2021-01-28

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