share_log

收盘:美油再创七年新高,能源股领涨美股,特斯拉盘中转跌

Closing: US oil hit a new seven-year high, energy stocks led US stocks, and Tesla fell mid-session

華爾街見聞 ·  Oct 27, 2021 07:08

1. S & P hit new highs in a row, Tesla, Inc. fell in intraday trading, closing at the end of three consecutive days of record highs, Facebook Inc fell nearly 4%. After the after-market results, Microsoft Corp rose nearly 2%, Alphabet Inc-CL C once fell more than 2% and rose more than 3%.

2. The pan-European stock index approached its all-time high two months ago, led by the tourism sector.

3. After falling more than 7% during the day in the inner market, thermal coal fell more than 6% in the night market, oil cloth oil reached a seven-year high, and gasoline in the United States remained at a seven-year high.

4. 10-year Treasury yields continued to stay away from five-month highs and 2-year yields rebounded. The dollar index rose above 94 for the first time in a week.

Gold fell off a six-week high of $1800. Lun aluminum hit a seven-week low, while lun lead fell to a three-year high.

Commodities re-split the trend, international crude oil hit a seven-year high, while domestic coal futures fell sharply at night, overseas industrial metals fell, and precious metals fell.

China's regulation has been stepped up, and the National Development and Reform Commission said on Tuesday that it was studying the inclusion of coal in the scope of commodities to stop profiteering, and called on the three provinces and regions of Shanxi, Shaanxi and Inner Mongolia to severely crack down on illegal profit-making practices such as hoarding in illegal coal storage sites and driving up coal prices. The night market of the domestic "coal three brothers" fell sharply, and thermal coal fell 40% from the all-time high set a week ago. With global supplies still tight, Brent crude and US crude both closed at seven-year highs, while US gasoline repeatedly hit seven-year highs, but US natural gas, which soared on Monday, fell slightly. It has been commented that there are few factors that can change the upward momentum of oil prices in the short term, because only OPEC+ is a large source of oil supply.

In the stock market, some corporate earnings continued to encourage US stocks to move higher, while the energy sector, which benefited from record highs of crude oil, continued to take the lead. UPS, with strong earnings and revenues from all businesses in the third quarter, rose more than 7 per cent, while General Electric Co, who earned higher-than-expected earnings in the third quarter and raised his full-year profit forecast, rose more than 5 per cent at one point.

Third-quarter revenue and monthly active users, as well as fourth-quarter guidance, fell more than 5% in Facebook, dragging its communications services sector into one of the few sectors that fell against the market. Tesla, Inc. continued to hit new intraday highs after it was reported that he had won a $4.2 billion order for 100000 cars, but fell at midday. Alphabet Inc-CL C parent company Aphabet, which reported strong revenue profit in the third quarter but cloud and YouTube advertising revenue was lower than expected, turned down, and profits rose with Microsoft Corp shock, which was better than expected by strong cloud business. Higher-than-expected earnings and revenue in the third quarter rose first and then fell after trading.

European stocks are also supported by positive corporate performance, with the pan-European stock index approaching the all-time high set more than two months ago. UBS, the world's largest wealth manager, posted its highest quarterly profit since 2015, while British hotel chain Whitbread reported a lower-than-expected half-year loss and expects a full recovery in British hotels next year.

Short-and long-term Treasuries were mixed, with benchmark 10-year yields falling further away from five-month highs, while 2-year yields rebounded. The dollar index rose in intraday trading, surpassing the 94.00 mark for the first time in a week after the US Conference Board Consumer confidence Index was released in October. Gold, which stood above $1800 for the first time in more than six weeks, failed to hold the mark on Monday as the dollar strengthened and precious metals fell.

S & P hit a new high Tesla, Inc. ended three consecutive days of record high Facebook Inc fell nearly 4% after the financial report, Microsoft Corp rose and Alphabet Inc-CL C fell

The three major US stock indexes collectively opened higher, all refreshing their highs in early trading before falling back. The Dow Jones Industrial average, which was up more than 150 points when it hit a new high in early trading, and the NASDAQ, which once rose 1 per cent in early trading, were both down at midday. The s & p 500 rose 0.7% when it hit a new intraday high for the fifth day in a row in early trading, and at one point almost gave up its gains when it refreshed its session low in midday.

In the end, the three major indexes closed up for two days in a row, but none of them rose as much as Monday. The Dow closed up 15.73 points, or 0.04%, at 35756.88, a record high for the third day in a row. The S & P 500 closed up 0.18% at 4574.79, setting a closing high for the second day in a row. The Nasdaq closed up 0.06% at 15235.71 points, the highest level since Sept. 9 for two consecutive days.

Russell 2000, a small-cap stock index dominated by value stocks, closed down 0.68%, losing the overall market. The technology-heavy Nasdaq 100 index closed up 0.29%, outperforming the market for the second day in a row.

Of the 11 sectors of the S & P 500, industries that fell nearly 0.6 per cent and communications services that fell nearly 0.5 per cent closed down on Tuesday, while energy, which rose nearly 0.7 per cent, continued to lead the rise, with utilities up nearly 0.6 per cent and health care up more than 0.5 per cent, while the financial sector with the smallest gains closed up less than 0.2 per cent.

Leading technology stocks are mixed. Tesla, Inc. closed down nearly 0.7%, ending four consecutive days of gains and three days of new closing highs.

Of the FAANMG's six largest technology stocks, Facebook Inc was the worst performer when closing down nearly 4 per cent, while Nai Fei fell nearly 0.5 per cent, while Alphabet, the parent company of Amazon.Com Inc and Alphabet Inc-CL C, closed up more than 1 per cent, Microsoft Corp closed up more than 0.6 per cent and Apple Inc rose nearly 0.5 per cent. After the announcement of the results, Alphabet first expanded, and then fell, falling more than 2% at one point, and Microsoft Corp rose nearly 2% after the trade.

Among the stocks that reported results, UPS closed up 6.8%; General Electric Co (GE) rose about 2%; toy giant HAS (Hasbro) and health insurance giant Centene Corp (CNC), whose profits and revenues both beat expectations in the third quarter, rose by more than 3% and 4%, respectively; and Lockheed Martin Corp (LMT), whose third-quarter earnings fell short of expectations and lowered its revenue forecast for next year, closed down 11.8%. Corning (GLW), a special glass manufacturer with lower-than-expected revenue and earnings in the third quarter, fell more than 5 per cent; after it announced that its revenue in the third quarter was much lower than expected; Twitter (TWTR), which closed down more than 1 per cent, rose more than 3 per cent in after-hours trading. The company reported revenue and user growth in the third quarter in line with expectations, and said that Apple Inc's new iOS14 privacy rules had less impact on it than expected. AMD, which closed up nearly 0.5 per cent, rose nearly 2 per cent at one point and then fell.

Among the more volatile stocks, Nvidia, the chip stock, closed up 6.7%, leading the S & P 500 higher. Analysts believe Facebook Inc's expected investment in data and network infrastructure is a boon for the company, while Bakkt (BKKT), the second US-listed cryptocurrency trading platform that surged more than 230% on Monday, closed down 22%.

Most of the hot Chinese stocks fell. ETF KWEB and CQQQ closed down more than 5 per cent and about 3 per cent, respectively. KE Holdings Inc. fell by more than 13%, Jinshan Cloud by more than 9%, RLX Technology by nearly 9%, Zhihu Inc. and Pinduoduo by more than 7%, XPeng Inc. and New Oriental Education & Technology Group by more than 5%, TAL Education Group by nearly 5%, Alibaba, Tencent ADR, JD.com and Li Auto by over 3%, NIO Inc Motor by nearly 2%, while Senmiao Technology rose by more than 10%, Dingdong by about 10%, Xunlei by more than 6% and Leju Holdings by more than 5%.

In terms of European stocks, the pan-European stock index rose for three consecutive days. The European Stoxx 600 index closed near the all-time high set on Aug. 13. Stock indexes of major European countries rose, British, German and Italian stocks rose for three days in a row, Western stocks rose for two days in a row, and French stocks erased Monday's losses. Among stocks, UBS closed up 1.25%, supporting the financial services sector higher, while Whitbread rose 4.4%, leading the tourism sector higher. Among the sectors, only basic resources, which fell more than 0.1% on Tuesday, closed down. Tourism and leisure led the rise by about 1.9%, while five sectors, including public utilities and retail, also rose more than 1%, and financial services rose more than 0.9%.

After falling more than 7% during the day in the inner market, thermal coal fell more than 6% in the night market. Us oil cloth oil reached a seven-year high and US gasoline was at a seven-year high.

Among the domestic black commodities, the "coal three brothers" fell sharply at night. Thermal coal, which closed down 7.7% during the day, closed down 6.56%, coking coal, which fell 0.33% during the day, closed down 8.06%, and coke, which rose nearly 3% during the day, closed down 6.31%.

Natural gas in Europe varies from rise to fall. On Tuesday, ICE UK natural gas futures closed down 0.73% at 221.59 pence / kcal, resuming the decline as soon as it ended two days of losses. TTF benchmark Dutch natural gas futures rose 0.91% to 88.800 euros per megawatt in late trading, after closing roughly flat in the previous two trading sessions.

Us gasoline and natural gas futures perform differently. NYMEX November gasoline futures edged up $0.001 to $2.517 a gallon, the second straight high since September 2014. NYMEX November natural gas futures closed down 0.3% at $5.882 per million British thermal units, falling to their highest close since Oct. 5, which closed 11.7% higher on Monday.

International crude oil futures rose collectively, and US WTI crude oil, which closed flat on Monday, continued to hit a seven-year intraday high, reaching a seven-year closing high after three days. Brent crude rose for three consecutive days, closing above US $86 for the first time in three years and hitting a seven-year closing high.

WTI December crude oil futures closed up 1.06% at $84.65 a barrel, breaking the closing high set on Wednesday since Oct. 13, 2014. Brent crude oil futures closed up 0.47% at $86.40 a barrel, the highest level since October 2014, and Monday broke the highest level set on Wednesday since Oct. 3, 2018.

10-year Treasury yields continue to stay away from five-month highs and 2-year yields rebound

The prices of European government bonds were mixed on Tuesday, with yields in Britain, France and Germany continuing to decline and yields in France and fringe countries rebounding. The yield on UK benchmark 10-year bonds fell 3 basis points to 1.11 per cent in the day, continuing to stay away from the highest level set last Thursday since May 2019, while German bond yields fell 0.3 basis points to-0.117 per cent over the same period, far from the high set on Friday since May 2019, while Italian bond yields rose 3.1 basis points over the same period, the highest among countries.

The yield on US 10-year benchmark Treasury bonds fluctuated downwards. Asian markets rose above 1.65% in early trading and rose more than 2 basis points during the day. European stocks rose in early trading and broke 1.64% at one point, while US stocks continued to decline in midday. By the end of the day, US stocks closed slightly above 1.61% and fell about 2 basis points during the day. After closing, they fell below 1.61% to refresh their daily lows. Continue to stay away from the highest level since early May, which rose above 1.70% last Thursday.

Two-year US bond yields rebounded overall, with US stocks approaching a fresh session high of 0.46 per cent in early trading, rising more than 2 basis points during the day, falling below 0.45 per cent at midday, and closing above 0.44 per cent at the close of trading. It is still far from the high since March last year, which rose above 0.48 per cent in intraday trading on Friday.

The dollar index rose above 94 for the first time in a week.

The ICE dollar index (DXY), which tracks a basket of the dollar's six major currencies, fell after European stocks fell below 93.80 in early trading, approaching 93.70 at intraday lows and down more than 0.1 per cent during the day, while US stocks continued to recover after opening and rose in early trading. Near midday, the short-term rose above 94.00 and rose more than 0.2 per cent in intraday trading for the first time since Monday, October 18.

By the end of the day, the dollar index was above 93.90 at 93.932, up more than 0.1% on the day, while the Bloomberg dollar spot index was roughly the same as it was at Monday's close.

Ln aluminum hit a seven-week low, Lun lead fell to a three-year high, gold fell off its six-week high and lost $1800 in silver, the biggest drop in nearly four weeks.

London base metal futures fell across the board again after Thursday, Oct. 21. Lun Aluminum resumed its decline after five consecutive losses on Monday, falling to its lowest level since September 8. Lunchu and Lunxi, which had just emerged from more than a week's trough on Monday, fell back.

Lun zinc, lun lead and lun tin rose in a row for two days. Lun zinc hit its lowest level since Wednesday after last Thursday. Lun lead fell to its highest level since June 2018 on Monday. Lunxi has failed to recover the $38000 mark since it broke through $38000 last Wednesday to reach an all-time high.

Among precious metals, the loss of New York gold futures, which just hit $1800 on Monday, and silver futures have both ended a two-day rally. COMEX December gold futures closed 0.7% lower, the biggest drop since Friday, Oct. 15, to $1793.40 an ounce, falling off Monday's high since Sept. 14. COMEX December silver futures closed down nearly 2.1%, the biggest closing decline since Sept. 29, to $24.088 an ounce, an one-week low. Platinum and palladium, which fell for two days and three days respectively, fell again on Monday, closing down 2.9% and 2.1%, respectively.

Edit / irisz

The translation is provided by third-party software.


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.
    Write a comment