A flurry of data in the United States showed that there was nothing wrong with the economy, adding to investors' fears that the Federal Reserve would raise interest rates sharply next week to curb inflation, with the Dow softening on Thursday. The three major stock indexes fluctuated throughout the day and fell in late trading, with the Nasdaq falling nearly 1.9% at one point, the Dow down more than 240 points, and finally closing down 173 points. On the disk, lithium battery, gold and silver plates led the decline, while cruise, education and banking sectors showed strong performance. In terms of individual stocks, Zhangmen Education (ZME.N) closed down 31.12%, while Faraday Future (FFIE.O) closed up 11.44%. FFIE.O (ROKU.O) closed up 8%.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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