On Thursday, Eastern Time, the three major U.S. stock indexes fell collectively. As of the close, the Dow fell 0.29%, the Nasdaq fell 1.56%, and the S&P 500 fell 0.53%.
On the disk, popular Chinese concept stocks topped the list of decliners.Xiaopeng Motorsfell more than 9%,NIOfell more than 8%,Bilibilifell nearly 8%,ideal car、Pinduoduofell more than 7%.
Global economy
Global energy continues to soar: international benchmark coal prices soar 87% in 3 days, crude oil breaks through $114
Affected by the situation in Russia and Ukraine, global energy prices continued to rise. In the context of the complex international energy supply and demand situation, the National Development and Reform Commission has made continuous efforts to require coal to play a bottom-line guarantee role. After the opening on March 3, the internationaloil priceFurther climbs, European Brent crude oil prices exceeded 114 US dollars / barrel, New York oil prices exceeded 112 US dollars / barrel.
US stock focus
The dream has woken up!Gross’ new book warns: Soaring inflation will crush the stock market
Stocks and even bonds can thrive amid moderate inflation. But once it exceeds 3% or higher, it will threaten the market.
Powell hearing: Tend to raise interest rates by 25 basis points in March, believe that the US economy will have a “soft landing”
On March 2, local time, Federal Reserve Chairman Powell attended the House Financial Services Committee of the House of Representatives for the Fed’s semi-annual meeting.currencyPolicy reports provide testimony and be questioned by lawmakers. As Powell almost eliminated the uncertainty of monetary policy in March, the three major U.S. indexes collectively rose, with the S&P and Dow both gaining 2% by the end of the press conference.
US stock companies
Apple zooms in! A ‘cheap version’ of the iPhone 5G is coming soon
Industry insiders predict thatAppleA “cheap version” of the 5G phone, the iPhone SE, will be released in spring 2022.AppleThe last 4G iPhone SE was released in spring 2020, starting at 3,299 yuan.brokerageIt is believed that the 5G version of the iPhone SE may become the lowest-priced 5G iPhone, which is expected to detonate demand, but may bring pressure on Android mobile phone manufacturers to ship.
Musk: California factory will significantly expand production of models that do not need to produce 1,000 kilometers of battery life
TeslaCEO Elon Musk saidTeslaFremont, California plant to expand soon, saysTeslaA 1,000-kilometer range model could be produced a year ago, but it’s not necessary.
ExxonMobil (XOM.US): Exiting Russia will reduce earnings and oil production by 1%-2%
Exxon Mobil(XOM.US) Chief Financial Officer Kathryn Mikells said on Wednesday that exiting the Russian market would have a 1%-2% adverse impact on company earnings and oil production.
Amazon (AMZN.US) closes 68 bookstores and other offline stores to focus on food retail
Amazon“In the future, we plan to focus more on Amazon Fresh, Whole Foods Market, Amazon Go and Amazon Style stores, and Just Walk Out technology. We remain committed to creating a great, long-term brick-and-mortar retail experience and technology, and we are working with consumers Actively communicate with affected employees to help them inAmazonFind new jobs. “
The telecommunications giant suddenly exploded and the US Department of Justice announced the latest investigation! Paying “tolls” for terrorists?
EricssonThe details of paying “tolls” to terrorists have been continuously exposed, and the US Department of Justice’s statement made the company’s stock price hit again on Wednesday.
(Article source: Financial Associated Press)