The three major U.S. stock indexes experienced mixed gains and losses overnight, with the Nasdaq rising 1.68%, the S&P 500 rising 0.74%, and the Dow falling 0.01% as of the close on April 12, Beijing time. Tech stocks saw a surge, with popular companies like Nvidia, Google, Amazon, and Tesla all posting gains. Apple’s market value soared by $111.8 billion overnight, marking its best single-day performance in 2024.
However, not all companies fared well, as Morgan Stanley saw a significant drop of more than 5%, its worst single-day performance since October 2023. The consumer electronics and semiconductor sectors were among the top gainers, while the utilities and insurance sectors experienced declines.
In the Chinese market, most popular Chinese concept stocks rose, with companies like Bilibili, Manbang, and JD.com posting gains. Major European stock indexes closed lower, with concerns arising about diverging forecasts for interest rate cuts among major central banks.
Meanwhile, international oil prices fell, with both light crude oil futures and London Brent crude oil futures experiencing declines. On the other hand, gold and silver prices continued to soar, with COMEX gold hitting a record high of $2,394 per ounce and silver trading near its all-time high.
Investors are advised to proceed with caution and at their own risk when making investment decisions based on this information. This article is sourced from Upstream News and serves to disseminate information, and it is not to be taken as investment advice.