The U.S. stock market has been extremely weak recently. The Dow fell more than 500 points last Friday (6th), and finally closed down 98 points.
However, today (9th) the European stock market has not seen a turnaround, and it is believed that the US stock market will be under pressure today.
[00:01] The three major indexes continue to fall
The three major U.S. stock indexes continued to fall. The Dow fell more than 500 points, now down 1.67%, the SSI fell 2.53%, and the Nasdaq fell 3.41%.
[22:37] The Nasdaq fell more than 3%
The three major U.S. stock indexes have continued to decline. The Dow is now down 1.38%, the S&P 500 is down 2.14%, and the Nasdaq is down 3%.
The new energy vehicle sector fell, with Rivian down more than 16%, Lucid down more than 8%, and Tesla down more than 6%.
The decline of Chinese concept stocks has not stopped. The Nasdaq China Golden Dragon Index fell by nearly 7%, of which Ali US stocks fell 5.37%, Jingdong US stocks fell 9%, and Pinduoduo fell 7.9%.
[21:35] The three major U.S. stock indexes all opened lower
The three major U.S. stock indexes collectively opened lower by more than 1%. The Dow fell 1.37% shortly after the market opened, the S&P 500 fell 1.69%, and the Nasdaq fell 2.04%.
The new energy vehicle sector fell, with Rivian down more than 14%, Lucid down more than 6%, and Tesla down more than 4%.
Ali US stocks fell 1.75%.
[19:14] The dollar rose against the pound and the euro
The U.S. dollar rose against a variety of major currencies, and was last at 131.14 against the yen, up 0.44%, the euro against the dollar was last at 1.0537, down 0.13%, the pound against the dollar was last at 1.234, down 0.06%, and the Australian dollar was last at 0.7002, down 1.05%, USD/CHF was last at 0.9934, up 0.44%, and USD/CAD was last at 1.2944, up 0.54%.
In the commodity market, New York oil futures were last at $107.27 a barrel, down 2.28%, while Brent oil was last at $110.07, down .026%.
Gold prices also fell. New York gold futures were last at $1,859.3 an ounce, down 1.25%, spot gold was at $1,859.34, down 1.3%, and silver futures was at $21.81 an ounce, down 2.49%.
[19:02] Dow futures fell more than 500 points
Dow futures last reported 32,374 points, down 525 points, S&P 500 futures fell 75 points to 4,047 points, and Nasdaq futures fell 287 points to 12,406 points.
In terms of European stock markets, the German DAX index was last at 13,447 points, down 226 points, the French CAC index was at 6,133 points, down 124 points, the UK FTSE index was last at 7,254 points, down 133 points, and the Italian FTSE MIB index was 23,066 points, down 23,066 points. 409 points.