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收盘:美股重挫,纳指创年内新低,特斯拉跌超12%

Closing: US stocks fell sharply, the NASDAQ hit a new low during the year, Tesla fell more than 12%

華爾街見聞 ·  Apr 27, 2022 07:16

Source: Wall Street

Author: du Yu

The Nasdaq fell nearly 4% to a 52-week low and was mired in a bear market, the Dow fell more than 800 points or 2.4%, the S & P 500 fell 2.8%, the S & P and Dow hit a six-week low, and Russell 2000 small-cap stocks fell 3% to their lowest level in nearly a year and a half. Technology, chips, cycles and industrials all fell. Fears of an economic slowdown intensified, European and American government bond yields fell, and short-end US Treasury yields fell further in late trading. The conflict between Russia and Ukraine led to a rebound in oil prices, US oil rose more than 3 per cent to return to $100, Russia suspended gas supplies to Poland, and natural gas in Europe jumped 17 per cent at one point. Safe-haven demand sent the dollar to another two-year high, with the yen rebounding from a 20-year low and Bitcoin losing $38000 before the central bank's decision. Gold futures fell five times in a row and returned to above $1900, while Lun Copper closed below $10, 000 for two days in a row, and most of the inner night markets closed higher.

U. S. economic data continued to weaken, sparking fears of a growth stall. This sent US stocks, the leader of risky assets, down, led by high-growth stocks such as technology and chips, and rose in safe-haven Treasuries, the dollar and gold:

The initial value of durable goods orders in the United States rebounded significantly in March but was lower than expected. The growth rate before February was revised down, and the year-on-year increase in March hit a new low in more than a year.

In the United States, the Conference Board consumer confidence index was lower than expected in April, while the current situation index fell slightly.

The US housing market continued to cool as house prices in 20 US cities grew at the fastest pace in history, with new home sales plunging 8.6 per cent month-on-month in March.

Us stocks fell further in late trading, the S & P Dow was at a six-week low, the Nasdaq was mired in a bear market, and technology, chip, cycle and industrial stocks all fell.

On Tuesday, April 26, US stocks reversed their rebound from yesterday's deep decline and collectively closed higher, returning to a sell-off that stretched through April, with many big star technology companies leading the market lower before reporting results. the cycle closely related to the economic situation and industrial stocks are also bad.

Market sentiment continues to be affected by multiple negative factors such as imminent interest rate increases by European and American central banks, stubbornly high inflation, slowing economic growth and the continuing conflict between Russia and Ukraine, the analysis said. Technology stocks that are mired in a bear market and have risen rapidly and "propped up the market" in recent years may have fallen sharply when the company's fundamentals began to deteriorate significantly, which may be a glimpse of Netflix Inc and Meta's poor results in the fourth quarter of last year.

The three major indexes of u.s. stocks jumped short and opened lower, with the Dow down more than 200 points at the start of trading, the s & p 500 down 0.6% and the Nasdaq down 0.8%. Within half an hour, the decline in US stocks expanded rapidly, with the Nasdaq, which is dominated by technology stocks, down 2%, the S & P market down 1%, and the Dow down about 300 points.

The decline in US stocks deepened in late trading. The Nasdaq closed at a daily low, down 514.11 points or 3.95%, lost 13000 points to 12490.74 points, hit a 52-week low and fell into a bear market, falling 23% from its 52-week high. S & P also closed at a session low, down 120.92 points, or 2.81%, to lose 4200 points to 4175.20. The Dow closed down nearly 810 points, or 2.38%, at 33240.18, missing 34000. The Russell 2000 small-cap stock index, which accounts for most of the value, also closed at a session low, falling 3.3% and losing 1900 integer digits.

The S & P market hit a six-week low since March 14, and the Dow gave up all its gains since March 15, with the Nasdaq at its lowest level in nearly a year and a half since early December 2020, while Russell 2000 small-cap stocks hit their lowest level since December 2020. Since April, the s & p is down 7.8%, the NASDAQ is down more than 12%, and the Dow is down 4.2%. The Dow has fallen for four weeks, and the S & P and Nasdaq have fallen for three weeks in a row.

According to Zerohedge, the financial blog, the Nasdaq fell below its lowest level since March and today suffered its biggest one-day decline since September 2020.

Star technology stocks fell, while the FANG+ portfolio fell to its lowest level since September 2020:

Yuan Universe's Meta, which reported quarterly results on Wednesday, fell as much as 4 per cent, closing down more than 3 per cent to a two-year low and down 46 per cent this year.

Amazon.Com Inc, who reported results on Thursday, closed down 4.6%, a seven-week low since March 9, and is down nearly 16% this year. Apple Inc, who reported results on Thursday, fell 3.7 per cent to a six-week low and is down more than 11 per cent this year.

Microsoft Corp, who announced his results after trading today, also fell 3.7 per cent, the lowest since the end of June 2021, down nearly 20 per cent this year and fell more than 1 per cent at one point after the results were announced. The Alphabet of Alphabet Inc-CL C's parent company, which also reported results today, closed down 3.6 per cent, the lowest since June last year, down more than 17 per cent this year and 7 per cent after hours. The two tech giants dragged the Nasdaq down more than 1.3% after 100 trading.

Netflix Inc fell 5.5% to more than $200, the lowest since the end of 2017 for four consecutive days, and has lost 2% of its value this year. Tesla, Inc. fell more than 11%, the biggest decline in at least two months and the biggest decline in the Nasdaq, the lowest since three consecutive days to March 17, and is down 17% this year.

Hot chip stocks also fell sharply in the Nasdaq. The Philadelphia semiconductor index closed at a session low, falling more than 130 points or 4.4%, losing 3000 points and pushing 2900 points, an 11-month low, down more than 26% this year. NVIDIA Corp fell 5.6 per cent to a nine-month low and is down more than 35 per cent this year. AMD fell more than 6%, the lowest in nine months, and is down 40% this year. Intel Corp, who reported results on Thursday, fell more than 3 per cent to a two-week low and is down more than 11 per cent this year.

Cycles and industrial stocks that are positively related to economic growth have also been hit hard:

Despite better-than-expected first-quarter earnings, Dow component 3M Company fell 3%, the lowest since March 14, after the company said it faced macroeconomic and geopolitical risks. UPS, which reported better-than-expected results, fell 4.7% at one point, the lowest in six and a half months.

At one point, General Electric Co fell nearly 13%, closing down more than 10%, the lowest since late November 2020, and lowered his profit forecast for this year due to supply chain problems.

Boeing Co and Caterpillar Inc fell 5 per cent and nearly 3 per cent respectively. Us bank shares fell more than 2 per cent across the board, along with US bond yields, while consumer goods giant Nike Inc fell nearly 6 per cent.

Hot Chinese stocks followed the broader market down, with ETF KWEB closing down 1.9 per cent and the Nasdaq Golden Dragon China Index (HXC) down more than 3 per cent. Of the four constituent stocks on the Nasdaq, JD.com and NetEase, Inc fell 1%, Pinduoduo fell more than 2%, and Baidu, Inc. fell nearly 4%. Among the other stocks, BABA and Tencent's ADR fell 2% and B station fell more than 3%, while the "three silly cars" both fell more than 5%, but iQIYI, Inc. closed up 0.6%. Faraday closed down nearly 13% in the future to an all-time low, after falling more than 30% in intraday trading and triggering a circuit breaker.

European stocks followed the deep decline of US stocks and finally closed lower, with technology, banks, cars and retail stocks all leading the market lower by more than 2 per cent. The pan-European Stoxx 600 index closed down 0.9 per cent, falling for three consecutive days to a six-week low since March 15. German stocks fell more than 1 per cent, leading major indices in western Europe lower, Italian stocks fell nearly 1 per cent, Russian stocks rose to about 6 per cent, and the depreciation of sterling led the British stock market to rise against the market.

Under the pressure of today's sudden news that "Russia has suspended natural gas supplies to Poland", the Polish currency and stock market fell, the Polish zloty fell 0.8 per cent against the euro, and the Warsaw WIG 20 index fell to more than 1.2 per cent, falling below the 1900 integer psychological barrier for the first time since March 8. The source also said that the Polish Ministry of Climate has convened an emergency meeting to discuss the issue.

Fears of an economic slowdown intensified, European and American government bond yields fell, and short-end US bond yields fell further in late trading.

While U. S. stocks opened low, the U. S. bond market is also quite restless. Us bond prices have risen across all maturities, especially the sharp fall in short-end yields and the upside down of the 5-year / 10-year yield curve, all of which represent growing concerns among investors about a recession triggered by higher interest rates.

The 10-year benchmark US bond yield fell more than 10 basis points on the day, falling below the 2.80 per cent mark and a daily low of 2.72 per cent. Us stocks fell 9 basis points late in the day, trading less than 2.74 per cent, giving up most of their gains since April 14. Yields on 30-year long bonds fell more than 7 basis points to a daily low of 2.82 per cent, giving up most of their gains over the past two weeks and narrowing their losses in late trading.

Yields on two-year Treasuries, which are more sensitive to monetary policy, fell more than 14 basis points in late trading, losing 2.50 per cent and giving up a week's gains. The decline in three-year yields also deepened to nearly 14 basis points, losing 2.70 per cent. Five-year yields fell more than 11 basis points to 2.75 per cent.

European bond yields also fell. The yield on 10-year German bonds fell 2.4 basis points to 0.814% in late trading, while the Asia-Pacific region rose to a daily high of 0.889% in late trading, then shaken downwards, recording a daily low of 0.788% at the beginning of the day in US stocks. The yield on 10-year gilts fell 4 basis points at one point.

Oil prices rebounded, US oil rose more than 3% to return to $100, Russia suspended gas supplies to Poland, and European natural gas jumped 17% at one point.

The international energy market continues to be disturbed by the conflict between Russia and Ukraine. WTI June crude oil futures closed up $3.16, or 3.20%, at $101.70 a barrel. Brent June futures closed up $2.67, or 2.6%, at $104.99 a barrel. Both contracts closed down about 4% on Monday, with intraday oil down $7 and American oil down about $6.

Us Oil WTI returned to the psychological mark of $100, rising as much as $4.24, or 4.3%, on the day, pushing up to $103, stopping three straight losses and recovering most of the losses since Friday. International Brent June futures rose as high as 3.88 US dollars or 3.8%, the daily high exceeded 106 US dollars, and also stopped falling three times in a row. July futures also rose more than 3 per cent and forced 106 US dollars.

Us stocks reported at the beginning of the session that Russia had suspended natural gas supplies to Poland, while European benchmark TTF Dutch natural gas futures jumped nearly 17 per cent to return to the integer figure of 100euro / megawatt, reaching a daily high of 109euros, while the European market returned to 98 euros late in the day, still up nearly 6 per cent. ICE UK natural gas futures jumped more than 18 per cent at one point and fell back to 2 per cent in late trading. The electricity price in Germany will rise above 200 euros in the coming month, rising by nearly 8% at one point.

In addition, the key diesel price spread in the United States is the widest in history. NYMEX May diesel futures soared to more than 59 cents a gallon from the June contract, the widest since data were available in 2008, highlighting investors' concerns about the supply side during the conflict between Russia and Ukraine. Wall Street also mentioned that due to the inconsistency of the ban on the import of Russian oil, the European Union is considering setting a price cap to hit Russia's revenue.

Safe-haven demand pushed the dollar to a two-year high. Before the central bank's decision, the yen rebounded from a 20-year low, and Bitcoin lost $38000.

Safe-haven demand pushed the dollar to two-year highs. The DXY, a basket of dollar indexes that measure the dollar against six major currencies, rose above 102.US stocks rose 0.6 per cent late in the day, their highest level since March 2020. The Bloomberg dollar index also hit its highest level since May 2020.

The euro fell as much as 0.6 per cent against the dollar and lost 1.07, hitting its lowest level since March 2020 to 1.0643. Analysts say this is because the European economy is being dragged down by the conflict between Russia and Ukraine and the European Central Bank is raising interest rates more slowly than the Federal Reserve. Goldman Sachs Group expects the ECB to raise interest rates by 25 basis points for the first time in July, one in September and one in December.

The pound also fell more than 1% against the dollar and lost 1.26, its lowest level since July 2020. The dollar rose more than 0.65% against the Canadian dollar, hitting a new high of 1.2826 in more than a month since March 15. The Norwegian krona fell to its lowest level against the dollar since November 2020. The yen rebounded ahead of the Bank of Japan's monetary policy decision on Thursday, hitting a 20-year low against the dollar last week as investors speculated that the Bank of Japan might stabilize its currency.

At one point, bitcoin, the leader of the cryptocurrency, fell 6 per cent and lost $38000, with a daily high of more than $40, 000. Ethernet Fang, the second largest by market capitalization, also fell more than 5 per cent to 2800 US dollars, with the daily high rising above 3000 US dollars. The encrypted digital currency, as a risky asset, has generally fallen, following the ebb of market risk appetite.

Gold futures fell for five consecutive days and returned to above $1900. Lun Copper closed below $10, 000 for two days in a row, and most of the inner night markets closed higher.

COMEX June gold futures closed 0.43% higher at $1904.10 an ounce, halting a five-day losing streak and returning to the psychological $1900 mark on concerns about stagnant global economic growth and soaring inflation.

Gold pushed $1890 yesterday, erasing all gains since April and losing $1900 for the first time since late February, the biggest drop in nearly seven weeks and a two-month low.

Spot gold rose as high as $13, or 0.7%, on Tuesday, breaking through the $1900 and $1910 round digits, but returned to below $1900 at one point in intraday trading. Analysts said that expectations of a rise in US interest rates have led to higher US bond yields and the US dollar, which are limiting the price of gold.

In addition, palladium, which fell 13% yesterday, also rose more than 1%, but silver futures fell for six days in a row, refreshing a two-month low.

London base metals were mixed, with LME copper closing up $91 at $9860 a tonne, closing below $10, 000 for two consecutive sessions and closing below the psychological $10, 000 mark for the first time since mid-March. Lunxi closed up $685 to return to $40, 000, falling below that level for the first time since early January. Lun Zinc, which led the decline yesterday, closed slightly higher today, while Lun Nickel also stopped falling for two days and closed up $440. But Lomalco fell for five consecutive days and forced 3000 US dollars, and Lun lead hit an one-month low.

Most of the inner market futures night markets closed higher, with fuel up 4.6% and asphalt up 4.2%. Thread is up 1.70%, hot coil is up 1.41%, and iron ore is up 2.92%. Coke rose 0.88%, coking coal rose 1.89%, but thermal coal fell 0.47%. LPG and palm oil are both up more than 3%, while soybean oil and rapeseed oil are both up about 2%. Indonesia's export ban on palm oil and its raw materials will take effect on April 28, amid fears of supply shortages.

Edit / Jeffrey

The translation is provided by third-party software.


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