Oil prices rebounded and inflation data remained high, and the three major U.S. stock indexes fell across the board on Thursday, with the Dow down more than 400 points.
[00:30]
Apple down 4%
The Dow is at 32,849 points, down 436 points or 1.31%; the benchmark index is at 4,212 points, down 65 points or 1.54%; the Nasdaq is at 12,958 points, down 296 points or 2.24%.
Major tech stocks fell sharply, with Apple down 4 percent.
[00:00]
The decline of US stocks intensifies
The Dow is at 32,943 points, down 342 points or 1.03%; the benchmark index is at 4,223 points, down 54 points or 1.27%; the Nasdaq is at 12,995 points, down 260 points or 1.96%.
[23:00]
China concept stocks fell rapidly
U.S. stocks were still soft in the early session. The Dow Jones Industrial Average was at 33,145 points, down 140 points or 0.42%; the benchmark index was at 4,250 points, down 27 points or 0.64%; the Nasdaq Composite was at 13,117 points, down 138 points or 1.04%.
Chinese stocks fell sharply, with JD.com down 13.94%, Alibaba down 7.43%, and Pinduoduo down 14.3%.
The night futures of the Hang Seng Index are now at 20,392 points, down 399 points, with a discount of 498 points.
[22:31] US stocks opened lower by about 1%
US stocks opened, as expected, the Dow fell 1.02%, the Nasdaq fell 1.19%, and the S&P 500 fell about 1%.
JD.com posted a net loss of 5.2 billion yuan in the fourth quarter of last year, turning from profit to loss year-on-year. U.S. stocks opened 15% lower at $53.01.
Rival Alibaba also fell 7.2 percent to $93.67.
The Hang Seng Index is now at 20,407 points at night, down 384 points, at a low of 483 points.
[22:15] US stock futures fell more than 1%
The lack of progress in the negotiations between Russia and Ukraine, coupled with the fact that U.S. inflation continued to hit a 40-year high in February, affected investor sentiment, and the three major U.S. stock index futures fell by more than 1%.
Dow futures fell 1.17%, S&P 500 futures fell 1.18%, and Nasdaq 100 futures fell 1.45%.
JD.com plunged 10.42% to $55.9 in pre-market trading. The company’s fourth-quarter revenue increased by 23%, with an adjusted profit of 3.6 billion yuan.
The Hang Seng Index is now at 20,567 points at night, down 224 points, at a 323-point discount to water.
