Source: Wall Street
Amazon’s second-quarter and third-quarter results were worse than expected. The market is worried that the new crown epidemic will not continue to promote the performance of technology giants. Amazon-led blue-chip technology stocks all fell, and the U.S. stock market is under pressure. The end of July will end.
The three major U.S. stock indexes closed down, with the S&P consumer discretionary sector down about 2.8% and the energy sector down about 1.8%. The Dow closed down more than a hundred points, and component stocks Caterpillar and Boeing fell more than 2%. Amazon closed down more than 7%, dragging down the technology sector. The bank index fell more than 1%, Wells Fargo fell more than 1%, BAP fell more than 16%, ITUB and BBDO also fell more than 4%. Schlumberger and Exxon Mobil fell more than 2%. Ideal cars rose by more than 8%, Xiaopeng Motors rose by more than 6%, Weilai Motors rose by more than 4%, leading the electric car stocks, and Faraday Future also rose by more than 3%. KLAC rose about 8.8%, leading semiconductor stocks. China Education stocks rose more than 3% in the future. The brokerage Robinhood rose slightly less than 1%.
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