Beijing time February 1st news, Eastern Time Monday (January 31st), the three major US stock indexes closed up across the board, the Dow rose 1.17%, the Nasdaq rose 3.41%, and the S&P 500 rose 1.89%.
Throughout January, the Dow fell by more than 3%, the S&P 500 fell by more than 5%, and the Nasdaq fell by nearly 9%.
Large technology stocks rose collectively, Netflix rose 11.13%, Amazon rose 3.89%, Facebook rose 3.83%, Apple rose 2.61%, Google rose 1.46%, and Microsoft rose 0.88%.
Most bank stocks rose, Goldman Sachs rose 2.3%, JPMorgan Chase rose 1.35%, Morgan Stanley rose 0.73%, Citigroup rose 0.66%, Bank of America rose 0.57%, and Wells Fargo fell 0.72%.
Airline stocks rose across the board, with American Airlines up 5.31%, Boeing up 5.08%, United Airlines up 4.82%, Southwest Airlines up 4.26%, and Delta Air Lines up 3.71%.
Most popular Chinese concept stocks rose, Best Group rose 31.85%, Yixian E-commerce rose 24.81%, Singularity Future rose 23.41%, Shengwang rose 22.25%, and Fangduoduo rose 21.56%. In terms of decline, Wuyou English fell 9.24%, Puxin Education fell 8.08%, Research Control Technology fell 7.69%, Aptorum Group fell 3.83%, and Gulf Resources fell 3.66%. Zhonggai new energy vehicle stocks rose collectively, Weilai Automobile rose 17.27%, Xiaopeng Motors rose 9.08%, and Ideal Motors rose 8.84%.
Most European stocks closed higher, with Germany’s DAX up 0.99%, France’s CAC 40 up 0.48%, and Britain’s FTSE 100 down 0.02%.
In terms of crude oil, WTI March crude oil futures closed up $1.33, or 1.53%, at $88.15 a barrel. Brent crude oil futures for March ended up $1.18, or 1.31%, at $91.21 a barrel.
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