Market performance
The Dow closed higher and hit a record closing high for the second day in a row, while a collective decline in technology stocks dragged down the Nasdaq and the S & P 500. By the end of the day, the Dow was up 86.52 points, or 0.32%, at 26743.50, up 2.18% this week, the biggest weekly percentage gain since July. The S & P fell 1.08, or 0.04%, to 2929.67, up 0.83% this week, while the Nasdaq fell 41.28, or 0.51%, to 7986.96.
Hot news
The industry classification of the S & P 500 index will usher in its biggest adjustment since 1999 next Monday. Facebook Inc and Alphabet Inc-CL C's parent company, Alphabet, will be removed from the information technology sector, while Apple Inc and Microsoft Corp will remain in the information technology sector. Goldman Sachs Group said this week that the global industry classification standard (GICS) adjustment will take effect on the 28th, Tencent and BABA will no longer belong to the IT industry, BABA will be classified as consumer stocks.
Senior White House official: the United States is willing to promote a trade agreement only with Mexico, and whether Canada will join or not will depend on Canada.
On the economic data side, IHS Markit reported on Friday that the services preview index fell to an 18-month low.
China listed stock
$JD.com (JD.US) $Farfetch, the luxury ecommerce company owned by JD.com, will be listed on the New York Stock Exchange on Friday under the code name FTCH, at a price of $20 per share for a total of 44.2 million shares, raising a total of $885 million and valuing it at about $5.5 billion. In June last year, JD.com invested $397 million in Farfetch, and Farfetch rose 42.56 per cent by the end of the day.
$NetEase, Inc (NTES.US) $Recently, NetEase, Inc pay, a third-party payment platform under NetEase, Inc, is about to launch cross-border collection services.
$Bilibili Inc. (BILI.US) $Bilibili Inc. announced that he would increase his stake in Hong Kong Zenith Holdings Co., Ltd., the parent company of virtual idol Luo Tianyi, and become the controlling shareholder.
Star stock
$Tilray, Inc. (TLRY.US) $Marijuana stocks fell collectively, with marijuana maker Tilray falling nearly 30%. The rise since the IPO has narrowed by nearly half to 623% compared with the 19th (more than 100%).
$Micron Technology Inc (MU.US) $Micron Technology Inc (MU) shares closed down 2.87 per cent. The company announced a lower-than-expected outlook after the close on Thursday, raising fears that the industry's period of high growth may be coming to an end, leading to widespread weakness in the chip sector.
$Twitter (TWTR.US) $Twitter said the discovery of a vulnerability could cause users to send direct messages to developers; according to Tech Crunch, the vulnerability had existed for more than a year; Twitter said the API vulnerability would not affect any partners. The stock fell 4.5% on Friday.
$Adobe Inc (ADBE.US) $Adobe Inc Systems (ADBE) announced that he had agreed to buy software developer Marketo from a private equity firm in a deal worth $4.75 billion. Adobe Inc's Systems closed down 2.05%.
$Wells Fargo & Co (WFC.US) $Wells Fargo & Co (WFC) announced that the company is preparing to cut jobs as part of a "continuous transformation" plan to respond to industry trends and changing consumer habits. Wells Fargo & Co closed down 1.01%.