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US stocks. Continuous update | Dow fell more than 400 points, Apple fell another 4%

2022-05-12T18:01:11.045Z


[23:55] The Dow's decline extended to more than 400 points. The Dow was at 31,406 points, down 427 points or 1.34%; the SSI was at 3,883 points, down 51 points or 1.3%; the Nasdaq was at 11,215 points, down 149 points or 1.31% . Boeing fell 5.1%;


[23:55] The Dow's decline extended to more than 400 points

The Dow was at 31,406 points, down 427 points or 1.34%; the benchmark index was at 3,883 points, down 51 points or 1.3%; the Nasdaq Composite was at 11,215 points, down 149 points or 1.31%.

Boeing tumbled 5.1%; Apple fell 4% to close at $140; American Express also fell nearly 4%.

Home Depot and IBM bucked the trend and rose about 1 percent.

[23:55] The three major indexes fell together, and the Dow fell more than 300 points

The Dow was at 31,508 points, down 325 points or 1.02%; the benchmark index was at 3,899 points, down 35 points or 0.9%; the Nasdaq Composite was at 11,307 points, down 56 points or 0.5%.

[23:45] The Dow and the index fell again

The Dow was at 31,646 points, down 187 points or 0.59%; the benchmark index was at 3,956 points, down 8 points or 0.22%; the Nasdaq Composite was at 11,418 points, up 54 points or 0.48%.

Major European indexes also closed down, with Germany's DAX down 0.64%, France's CAC40 down 1.01%, Britain's FTSE 100 down 1.56%, and Europe's STOXX600 down 0.56%.

[23:15] The three major US indices rose

U.S. stocks turned from losses to gains. The Dow rose 60 points to 31,894, the Nasdaq rose 176 points to 11,540, and the S&P rose 26 points to 3,961.

Electric car maker Tesla rose 2.9 percent, Apple fell 0.3 percent and Amazon rose 4.9 percent.

In terms of European stock markets, the German DAX index was last at 13,776 points, down 51 points, the French CAC index was last at 6,225 points, down 44 points, and the British FTSE index was at 7,261 points, down 86 points.

[22:00] The three major U.S. stock indexes fell early in the morning

The United States released a number of economic data. Among them, the producer price index (PPI) last month increased by 11% year-on-year, which was 0.2 percentage points lower than that in March this year, but still higher than the 10.7% increase expected by analysts.

The core PPI, which excludes food and energy prices, rose by 8.8 percent year-on-year last month, down 0.4 percentage points from March's increase.

As for last week's new jobless claims of 203,000, not only higher than the 195,000 expected by market participants, but also an increase of 1,000 on a weekly basis.

However, in the week ended April 30, continuing jobless claims fell by 44,000 from a week earlier to a total of 1.343 million, lower than analysts' expectations of 1.38 million.

Although the PPI fell, the performance of the U.S. stock market was still weak. The three major indexes continued the decline of the previous day in the early part. The Dow recently reported 31658 points, down 175 points, the S&P index reported 3907 points, down 27 points, and the Nasdaq Composite reported 11261 points. Down 102 points.

In terms of European stock markets, the German DAX index was last at 13,616 points, down 212 points, the French CAC index was at 6,156 points, down 113 points, and the British FTSE index was at 7,207 points, down 140 points.

In the foreign exchange market, investors tend to park their funds in safe-haven assets. The dollar index was last at 104.54, up 0.64%, the dollar against the Swiss franc was last at 0.9994, up 0.5%, the euro against the dollar fell 0.97%, at 1.0411, and the pound against the dollar It was last at 1.2217, and the dollar was last at 127.78 against the yen, down 1.68%.

Bonds were sought after by investors, and the yield on the 10-year US Treasury bond fell to 2.855%, down 5.8 basis points.

Source: hk1

All news articles on 2022-05-12

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