Home » Overnight trading: European and American stock markets were mixed, the Dow fell more than 300 points

Overnight trading: European and American stock markets were mixed, the Dow fell more than 300 points

by admin


  US stock market:On Wednesday, Eastern Time, the three major U.S. stock indexes were mixed. The Dow fell more than 300 points and the Nasdaq rose for three consecutive times. As of the close, the Dow Jones Index fell 323.73 points, or 0.92%, to 34792.67 points;NasdaqThe index rose 19.24 points, or 0.13%, to 14,780.53 points; the S&P 500 index fell 20.49 points, or 0.46%, to 4,402.66 points.

On the disk, most of the major technology stocks in the U.S. stock market fell, and Facebook fell more than 2%.Apple,Google,MicrosoftSlight decline; U.S. energy stocks generally fell,SchlumbergerFell more than 4%,Occidental PetroleumExxon MobilBoth fell by more than 2%; China Concept New Energy Automobile stocks rose collectively, and China Concept Education stocks were mixed.Elite EducationThe stock price rose sharply,GaotuThe group fell nearly 11%.

  European stock market:On Wednesday European time, European stock markets closed higher across the board. Investors paid attention to the earnings of world-renowned companies, economic data and the new crown epidemic. As of the close, the London Stock Market “Financial Times” average price index of 100 stocks closed at 7123.86 points on the 4th, an increase of 18.14 points or 0.26% from the previous trading day. The CAC40 index on the French Paris stock market closed at 6746.23 points on the 4th, an increase of 22.42 points or 0.33% from the previous trading day. The DAX index of the Frankfurt stock market in Germany rose 137.05 points on the 4th, or 0.88%, to close at 15692.13 points.

  Commodity market:On Wednesday, Eastern Time, international gold prices rose slightly. As of the close, the most active December gold futures price on the New York Mercantile Exchange gold futures market rose 0.4 US dollars over the previous trading day on the 4th to close at 1814.5 US dollars per ounce, an increase of 0.02%.internationalityOil priceSignificant decline, US oil fell more than 3%. As of the close, the price of light crude oil futures for September delivery on the New York Mercantile Exchange fell by US$2.41 to close at US$68.15 per barrel, a decrease of 3.42%; the price of London Brent crude oil futures for October delivery fell by US$2.03 to close At US$70.38 per barrel, a decrease of 2.80%.

See also  The three major U.S. stock indexes collectively closed down, Moderna bucked the trend and soared more than 10%

The following is a summary of important information in the global market:

  ▏Overnight news

  Federal Reserve Vice Chairman: Inflation may exceed the central bank’s acceptance range and is expected to start raising interest rates in 2023

  MidlandIn a speech at the Peterson Institute for International Economics on Wednesday (August 4), the Reserve Vice Chairman Richard Clarida said that the central bank is likely to reach its economic target by the end of next year and start in 2023. Raise interest rates again.Clarida pointed out that inflation currently exceedsMidlandThe goal of saving 2% isMidlandIt created the conditions for the Chu to reach its benchmark of “making substantive progress” before beginning to tighten policy.

  “Small non-agricultural” hit a new low since February, US employment growth has slowed down significantly

At 20:15 Beijing time on Wednesday, the US July ADP employment data, known as “small non-farmers,” announced an increase of 330,000, the lowest since February. The expected value was 695,000, and the previous value was 692,000. Amended to 680,000 people. The chief economist of ADP Employment Data Corporation pointed out that, in terms of sub-items, the leisure and hotel industry has become the fastest growing industry for the fifth consecutive month, but overall, the growth rate has slowed down. The recovery of the labor market continues to show uneven progress.

  U.S. ISM non-manufacturing PMI rose to 64.1 in July, a record high

On August 4 (Wednesday), the data released by the American Institute of Supply Management (ISM) on Wednesday showed that the July ISM non-manufacturing industrySMEsIt rose to 64.1, a record high, estimated to be 60.5, compared with the previous value of 60.1. Experts said that according to the service industry PMI, 17 sectors of the service industry have recorded growth. The composite index shows that the index has grown for the 14th consecutive month after the two-month contraction in April and May last year.

See also  5 major events in today's financial market: U.S. retail sales, PPI strikes, focus on the impact on the Fed's decision-making provider Investing.com

  U.S. household debt reaches nearly 15 trillion U.S. dollars, the largest ever mortgage demand soars

New York Federal ReserveBankAccording to a report released on Tuesday (August 3), in the second quarter of June, U.S. household debt climbed by 313 billion U.S. dollars to 14.96 trillion U.S. dollars, an increase of 2.1% from three months ago, in terms of numbers. , This is the largest increase since 2007, and in terms of percentage increase, it is also the largest in seven and a half years.

  Eurozone’s July comprehensive PMI hits a 15-year high, still affected by inflation and the epidemic

A survey conducted by the media showed that with the lifting of the blockade policy and the acceleration of vaccination, the progress of business activities in the euro area accelerated last month, expanding at the fastest pace in 15 years, injecting vitality into the euro area’s dominant service industry. But supply chain disruptions and labor shortages mean that the prices of production materials have soared at the fastest rate in more than 20 years.

  ▏Overview of the external disk

  The Dow fell more than 300 points, China’s elite education stocks rose sharply

On Wednesday, Eastern Time, the three major U.S. stock indexes were mixed. The Dow fell more than 300 points and the Nasdaq rose for three consecutive times. As of the close, the Dow Jones Index fell 323.73 points, or 0.92%, to 34792.67 points;NasdaqThe index rose 19.24 points, or 0.13%, to 14,780.53 points; the S&P 500 index fell 20.49 points, or 0.46%, to 4,402.66 points. On the disk, most of the major technology stocks in the U.S. stock market fell, and Facebook fell more than 2%.Apple,Google,MicrosoftSlight decline; U.S. energy stocks generally fell,SchlumbergerFell more than 4%,Occidental PetroleumExxon MobilBoth fell by more than 2%; China Concept New Energy Automobile stocks rose collectively, and China Concept Education stocks were mixed.Elite EducationThe stock price rose sharply,GaotuThe group fell nearly 11%.

See also  Politics - US Government Circles: Blinken Addresses Human Rights Issues in Saudi Arabia

  Pan-European Stoxx 600 Index hits record high Commerzbank’s share price plunges

On Wednesday European time, European stock markets closed higher across the board. Investors paid attention to the earnings of world-renowned companies, economic data and the new crown epidemic. As of the close, the London Stock Market “Financial Times” average price index of 100 stocks closed at 7123.86 points on the 4th, an increase of 18.14 points or 0.26% from the previous trading day. The CAC40 index on the French Paris stock market closed at 6746.23 points on the 4th, an increase of 22.42 points or 0.33% from the previous trading day. The DAX index of the Frankfurt stock market in Germany rose 137.05 points on the 4th, or 0.88%, to close at 15692.13 points.

  International gold prices rose slightly to close at US$1814.5 per ounce

On Wednesday, Eastern Time, international gold prices rose slightly. As of the close, the most active December gold futures price on the New York Mercantile Exchange gold futures market rose 0.4 US dollars over the previous trading day on the 4th to close at 1814.5 US dollars per ounce, an increase of 0.02%.

  International oil prices fell significantly, U.S. oil fell more than 3%

On Wednesday, Eastern Time, international oil prices dropped significantly, with U.S. oil falling by more than 3%. As of the close, the price of light crude oil futures for September delivery on the New York Mercantile Exchange fell by US$2.41 to close at US$68.15 per barrel, a decrease of 3.42%; the price of London Brent crude oil futures for October delivery fell by US$2.03 to close At US$70.38 per barrel, a decrease of 2.80%.

(Article Source:Oriental wealthResearch center)

.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy