In the early hours of Beijing time on the 1st, U. S. stocks closed lower on Thursday, with major stock indexes falling more than 4.3% in September, with the S & P 500 recording its biggest monthly decline since March 2020. Investors continue to follow the progress of the risk of default on U. S. government debt and the shutdown crisis. The US Senate has passed a short-term government appropriation bill, which will be sent to the House of Representatives for a vote.
The Dow fell 546.80 points, or 1.59%, to 33843.92; the Nasdaq fell 63.86 points, or 0.44%, to 14448.58; and the S & P 500 fell 51.92 points, or 1.19%, to 4307.54.
U. S. stocks were weak throughout September. Worries about changes in US fiscal and monetary policy, inflation, overseas financial risks and the continuing epidemic of COVID-19 have pushed US stocks off the upward track. The Dow fell 4.3% in September and the Nasdaq fell 5.3%. The s & p 500 fell 4.8 per cent in September, its first monthly decline since January and its biggest monthly decline since march 2020.
Driven by higher crude oil prices, the energy sector has been the best performer in the S & P 500 index so far in September. Cyclical stocks rose in September as investors bet on inflationary pressures and rising interest rates. Financial stocks also outperformed the market as rising yields on government bonds boosted banks' profitability.
Technology stocks have also been hit by the surge in Treasury yields over the past week. Rising borrowing costs have depressed the valuations of growth companies that rely heavily on strong future earnings expectations.
Top US stock turnover on ThursdayTeslaIt closed down 0.8% on a turnover of $13.92 billion. Tesla, Inc. is said to have set the expected delivery volume for the third quarter at 123000. Wedbush, a brokerage, thought the figure was conservative, saying it could reach 230000, pointing out that Tesla, Inc. delivered nearly 150000 vehicles in September alone. The agency reiterated Tesla, Inc. 's "outperform" rating and set a target price of $1000.
In addition, in addition to "wooden Sister" Casey Wood selling Tesla, Inc. shares one after another today, Tesla, Inc. 's famous bulls, founder and CEO of Social Capital, and formerFacebookChamath Palihapitiya, a senior executive, claimed on Wednesday that he had cleared his position when Tesla, Inc. shares were at a high last year.
Fifth place in turnoverAMDIt closed 2.5% higher, with a deal of $5.95 billion. AMD announced on its official website on Thursday that it will expand its partnership with Google's cloud business to provide faster application performance and improve business productivity through AMD EPYC processors.
No. 10NetflixIt closed 1.9% higher, with a deal of $4.02 billion. Netflix and Deloitte released a joint report on Wednesday, saying that Netflix contributed 5.6 trillion won ($4.7 billion) to South Korea's GDP from 2016 to 2020, including 2.3 trillion won in 2020 alone.
The 11th AMC cinema chain closed 7.1% higher, with a turnover of US $3.78 billion. There is no obvious important news driving up its share price today.
In 12th place, Moderna Inc closed 1.6% higher, with a turnover of US $3.69 billion. Anti-epidemic stocks generally rose on Thursday. It was reported yesterday that the US Food and Drug Administration (FDA) tends to approve Moderna Inc's COVID-19 vaccine half-dose booster injection.
16th placeBoeing CoThe company closed down 2.4% on a turnover of $2.28 billion. An American Airlines Boeing 737-800 with 131 passengers on board made a forced landing at Norfolk Airport on Tuesday due to mysterious smog. The investigation report released on Thursday said the smoke was caused by someone smoking in the toilet.
No. 17BabaIt closed 0.3% higher, with a deal of $2.09 billion.
The following are the 20 most actively traded stocks of the day (by turnover):
(screenshot from Sina Finance APP quotes-US stocks-more data on the left side of the market section) download Sina Finance APP
