In the early morning of the 18th, Beijing time, U. S. stocks closed mixed on Tuesday, with the Dow closing down 390 points. Investors are evaluating the latest results of large banks such as Goldman Sachs Group and Morgan Stanley, and continue to pay attention to the risk of recession in the United States and the policy prospects of the Federal Reserve.
The Dow fell 391.76, or 1.14%, to 33910.85; the Nasdaq rose 15.96, or 0.14%, to 11095.11; and the S & P 500 fell 8.12, or 0.20%, to 3990.97.
A number of large bank companies continue to report results. Goldman Sachs Group's share price closed down 6.46%, making it the Dow 30 stock with the biggest decline. The move comes after the bank reported its worst drop in earnings in a decade in the fourth quarter. Goldman Sachs Group said its performance was under pressure from falling revenue from investment banks and asset management.
Morgan Stanley's better-than-expected performance is partly due to record revenues from wealth management.
Prior to this, big banks such as JP JPMorgan Chase & Co and Citigroup announced mixed results one after another.
According to statistics, about 7% of the companies in the s & p 500 index reported earnings as of Tuesday morning eastern time. Of these companies, 70% of their profits exceeded expectations.
The champion of US stock turnover on Tuesday$Tesla (TSLA.US)$It closed 7.43% higher, with a turnover of $24.06 billion.It is reported that Tesla, Inc. is finalizing an investment agreement in Indonesia. Indonesia is finalizing agreements with carmakers such as BYD, Tesla, Inc. and Hyundai to invest in electric vehicle production plants in the country, according to Indonesian Coordination Minister Luhut Pandjaitan.
Reported that Indonesia is actively promoting domestic investment in batteries and electric vehicles to take advantage of its rich nickel resources. Indonesia, which has 22 per cent of the world's nickel reserves, is keen to develop a complete nickel supply chain at home, particularly to refine battery chemicals, make batteries and eventually make electric cars.
Second place$NVIDIA (NVDA.US)$It closed 4.75% higher, with a transaction of $8.94 billion.Recently, NVIDIA Corp released the RTX 40 series mobile graphics card, at the same time, the game with RTX 40 series graphics card also ushered in a batch upgrade.
It is understood that the first batch of RTX 4080max 4090 games this product will start pre-order on February 1, a week later officially on the market.
According to NVIDIA Corp, the GeForce RTX 4090 graphics card / laptop is the biggest leap in performance and energy efficiency in NVIDIA history. In AAA games such as Cyberpunk 2077, which uses the new RT Overdrive mode of panoramic raytracing, the RTX 40 series laptops offer up to four times the performance of the previous generation of Ampere products.
Third place$Apple (AAPL.US)$The company closed 0.88% higher, with a turnover of $8.62 billion.Apple Inc on Tuesday unveiled its first wave of products entering 2023, including the new Mac Mini and MacBook Pro.
In addition, Mexican regulators launched an antitrust investigation into Apple Inc on Tuesday, and Brazilian antitrust regulators also launched an investigation into Apple Inc on the same day.
No. 4$Microsoft (MSFT.US)$It closed 0.47% higher, with a transaction of $7.14 billion.According to a number of media sources, Microsoft Corp plans to cut more than 10, 000 jobs and may cut the number of recruiters by as much as 1, 000.
It is reported that Microsoft Corp is likely to announce worldwide layoffs in a few days, and the company is considering about 5 per cent layoffs. As of June 30 last year, Microsoft Corp had 221000 employees worldwide, including 122000 in the US and 99000 overseas, according to filings. The 5 per cent layoffs mean that about 11000 Microsoft Corp employees will lose their jobs.
No. 5$Amazon (AMZN.US)$It closed down 2.11% on a turnover of US $7.02 billion.
No. 6$Goldman Sachs (GS.US)$It closed down 6.44%, the biggest daily decline in a year, with a turnover of US $5.07 billion.Goldman Sachs Group's fourth-quarter results fell far short of expectations, with earnings per share of $3.32, well below expectations of $5.59, net income of $10.59 billion, below expectations of $10.7 billion, and shareholders' average return on equity of 11%.
Goldman Sachs Group Group's fourth-quarter expenditure growth was higher than analysts expected, as more money was set aside for compensation in that quarter.
Opimas CEO Octavio Marenzi said in a report, "on the whole, Goldman Sachs Group's fourth-quarter performance was even worse than expected. The real problem is that operating expenses soared 11%, while revenue fell." This indicates the need for further cost cuts and layoffs. "
No. 10$Meta Platforms (META.US)$It closed down 1.18% on a turnover of $2.86 billion.
12th place$Morgan Stanley (MS.US)$It closed 5.91% higher, the biggest one-day increase since Nov. 10, 2022, with a turnover of $2.71 billion.The company's fourth-quarter revenue slightly beat analysts' expectations, and despite the disappointing performance of its trading division, its wealth management business set a new record.
Revenue from wealth management totaled $6.62 billion, up 5.9 per cent from a year earlier. Revenue from the trading division for the quarter was $3.6 billion, below analysts' expectations of $4.07 billion. Morgan Stanley currently accounts for more than half of its revenue from contributions from wealth and asset management departments, which grew to $4.19 trillion in the fourth quarter from the previous quarter.
No. 16 Chinese listed stock$Alibaba (BABA.US)$It closed down 1.56% on a turnover of $1.95 billion.Morgan Stanley raised his target price from $100 to $150.
No. 18$Taiwan Semiconductor (TSM.US)$It closed 2.52% higher, with a transaction of $1.93 billion.According to sources, Taiwan Semiconductor Manufacturing Co Ltd is likely to build a factory in Dresden, Germany, and his team has visited Germany many times in the past two years to assess the possibility of building a 12-inch fab.
The following are the 20 most actively traded stocks of the day (by turnover):
Edit / phoebe