On Thursday, Tesla, Inc., the champion of US stock turnover, closed slightly higher by 0.06%, with a turnover of US $23.9 billion.In second place, Apple Inc Company closed down 1%, with a turnover of US $15.2 billion.AMD closed down 5% to close at $11.5 billion; in additionSofi closed 9.4% higherPeloton closed down 23.9%.
U. S. stocks opened higher and lower on Thursday, the Dow erased 400 points, and the S & P 500 closed below 4500 for the first time since October. The market continues to assess the rapidly rising US bond yields and the Fed's prospect of raising interest rates. The number of people applying for unemployment benefits in the United States last week was much higher than the market expected, indicating that the surge in cases of O'Micron mutant infection is hitting the job market.
The Dow fell 313.26, or 0.89%, to 34715.39; the Nasdaq fell 186.23, or 1.30%, to 14154.02; and the S & P 500 fell 50.03, or 1.10%, to 4482.73.
The Nasdaq rose as much as 2.1% on Thursday morning. After closing down on Wednesday, the index has fallen more than 10 per cent from its November high, meaning it has fallen into the pullback zone from a technical point of view. The Dow rose more than 400 points at one point in intraday trading on Thursday. The s & p 500 index rose as much as 1.5% in the morning.
Michael Brown, senior market analyst at Caxton FX in London, said market sentiment remained fragile. "the selling pressure has been strong over the past few weeks, although it was slightly lower yesterday," he said. And the fundamentals have barely changed in the past 24 hours. As a result, we cannot rule out the possibility that a short-term rally is a "short-run rebound", which could allow new bears to enter the market quickly, especially if Treasury yields continue to rise. "
Top US stock turnover on Thursday$Tesla, Inc. (TSLA.US) $It closed slightly higher by 0.06%, with a transaction of US $23.9 billion.Talks on Tesla, Inc. 's entry into the Indian market have stalled because neither the electric car leader nor the Indian government is willing to "give way" on core concerns, media reported on Thursday.
The contradiction between the two sides is that although Tesla, Inc. is eager to enter the Indian market to sell cars, the country's high import car tax is the biggest obstacle at present; the Indian government also hopes to introduce Tesla, Inc., but stresses that local investment in American automakers is a prerequisite for any preferential tax policy. On this issue, Tesla, Inc. 's current position is to sell cars on the ground first, and then consider follow-up investment.
Second place in turnover$Apple Inc (AAPL.US) $It closed down 1% to close at $15.2 billion.On Thursday (Jan. 20), the Senate Judiciary Committee approved an antitrust bill for technology giants, bringing it one step closer to deliberation in the Senate plenary session. The bill, which aims to protect digital competition, would prohibit tech giants from providing advantages to their products, services or lines of business on their platforms, targeting Apple Inc, Alphabet Inc-CL C, Amazon.Com Inc and Facebook Inc.
Some smaller companies complain that these giants with large platforms take advantage of unfair business practices to maintain their dominance.
Third place$Advanced Micro Devices Inc (AMD.US) $It closed down 5% to $11.5 billion.Harsh Kumar, an analyst at Piper Sandler, downgraded AMD to "neutral" from "overweight" and lowered its target price to $130 from $140. The analyst believes that the supply chain will gradually return to normal in the second half of 2022, and suppliers' pricing power and chip orders may be "weakened". He also believes that AMD's share price is more likely to fall right now.
No. 4$Amazon.Com Inc (AMZN.US) $It closed down 3% to close at $11.1 billion.Italy's antitrust regulator said it had recalculated fines on Apple Inc and Amazon.Com Inc, which are currently 114.7 million euros and 58.6 million euros, respectively. The fine was recalculated because of a "major error" in the first calculation.
No. 9$SoFi Technologies (SOFI.US) $It closed 9.4% higher, with a turnover of $4.2 billion.SoFi's share price rose for the second day in a row after it was approved as a bank holding company. The mobile-led financial company offers banking products, including loans, cash accounts and debit cards.
Wedbush analyst David Chiaverini gave SoFi Technologies an "outperform" rating for the first time, with a target price of $20. Analysts say the company's growth prospects are strong, with revenue expected to grow at a compound annual rate of 28 per cent in the five years to 2026; in addition, the company's growing sense of brand presence will boost its membership.
11th place$BABA (BABA.US) $It closed 2.6% higher, with a deal of $3.9 billion.
12th place$Ford Motor (F.US) $It closed down 3.6% on a turnover of $3.4 billion.The stock has fallen for the third day in a row. Ford recalled about 200000 cars in the US because of brake light problems, and brokerage Jeffery downgraded its rating from "buy" to "hold", questioning the limited likelihood of an impressive performance.
No. 14$Peloton Interactive (PTON.US) $It closed down 23.9% to close at $2.7 billion.The stock fell rapidly in intraday trading today, triggering circuit breakers three times. Peloton will be officially kicked out of the Nasdaq 100 index on Jan. 24 and replaced by shipping company Old Dominion Freight Line, Nasdaq said late Thursday. Peloton's share price began to fall after the company downgraded its overall outlook in November, and some bullish analysts began to downgrade the stock's target price and rating, as well as other high-end epidemic stocks.
16th place$Morgan Stanley (MS.US) $It closed 4.3% higher, with a deal of $2.3 billion.
The following are the 20 most actively traded stocks of the day (by turnover):
