On Monday, US stock turnover champion Tesla, Inc. closed down 3.9% to US $18 billion; second place Apple Inc closed down 2.1% to US $17.6 billion; third place Amazon.Com Inc closed down 3.1% to US $15.6 billion; in addition, NVIDIA Corp closed down 3.6%. AMC cinema chain closed down 8.9%.
U. S. stocks closed sharply lower on Monday. The Dow fell more than 600 points, after falling nearly 1000 points in intraday trading. The CBOE volatility index, which measures the extent of market panic, rose sharply. Investors are keeping a close eye on the debate about raising the federal debt ceiling.
The Dow fell 614.41 points, or 1.78%, to 33970.47; the Nasdaq fell 330.06 points, or 2.19%, to 14713.90; and the S & P 500 fell 75.26 points, or 1.70%, to 4357.73.
Affected by a combination of factors, the Chicago board options exchange volatility index (VIX), which measures market panic, rose more than 40% at one point on Monday morning, its highest level since mid-may.
The Dow suffered its biggest one-day decline since October 28, 2020, with the index falling as much as 971 points in intraday trading. The s & p 500 suffered its biggest daily decline in nearly 11 months, with all 11 constituent sectors falling more than 1 per cent.
Morgan Stanley thinks the chances of the s & p 500 falling 20 per cent are growing. "given the extraordinary fiscal stimulus taken during this recession, we are concerned that the inevitable slowdown in growth will be much more severe than currently expected," the bank said in a research report. This could lead to a larger overhaul in the S & P 500 than in the middle of the normal cycle-a 20% correction. "
On Monday, Tesla, Inc., the champion of US stock turnover, closed down 3.9% to US $18 billion.Tesla, Inc. 's electric car suffered another accident in the United States last week and will be subject to additional review by the National Transportation Safety Board (NTSB). NTSB said on Friday that it would send a team to investigate the Tesla, Inc. car accident that killed two people in Florida this week. Police said it was not clear whether Tesla, Inc. Model 3, who was involved in the accident, used the autopilot driving assistance system.
In addition, Tesla, Inc. CEO Musk said on Monday that Tesla, Inc. had not yet decided on the location of the fourth super factory.
Apple Inc, second in turnover, closed down 2.1%, with a turnover of US $17.6 billion.Guo Mingyi, an analyst at Tianfeng Securities, believes that the lower-than-expected progress of development will have a negative impact on iPhone shipments in the next two years.
Guo Mingyi said: "due to the lower-than-expected development progress, we revised the forecast to support the off-screen fingerprint iPhone model and folded iPhone launch will be postponed to 2023 and 2024 respectively (previously predicted Apple will be launched in 2022 and 2023 respectively); we believe that this will have a negative impact on iPhone shipments in 2022-2023. "
In third place, Amazon.Com Inc closed down 3.1%, with a turnover of US $15.6 billion.British Prime Minister Johnson said he would tell Amazon.Com Inc Chairman Bezos: Amazon.Com Inc must pay fair and reasonable taxes in the UK and need to solve the problem of working standards of his employees in the UK.
It was also reported that Amazon.Com Inc had launched an internal investigation into allegations of bribery in his Indian business. Amazon.Com Inc said on Monday that corruption would not be tolerated and that all related allegations would be fully investigated.
In fifth place, NVIDIA Corp closed down 3.6%, with a turnover of US $7.3 billion.Bank of America Corporation raised his forecast for global chip sales this year, saying demand for chips for computers and cars would be growing, raising NVIDIA Corp's share price target to $275 from $260, and said the graphics card maker was its preferred stock, along with AMD and Marvell.
In ninth place, BABA closed down 5.4%, with a turnover of US $5.5 billion.
The 12th AMC cinema chain closed down 8.9%, with a turnover of US $2.9 billion.AMC Cinema announced on Monday that it would accept payment in encrypted currency.
The 15th Palantir closed down 7.5%, with a turnover of $2.4 billion.Last week, the stock recorded four consecutive trading days of gains, well-known financial mouth Jim Cramer said: "Palantir is a very good company, it is worth starting." They have special technology, and most of their contracts are government orders. "
The following are the 20 most actively traded stocks of the day (by turnover):
