In the early morning of the 22nd Beijing time, US stocks closed higher on Monday, with the financial sector leading the way. The Dow rose 580 points and recorded its biggest daily gain since March 5. Investors are still weighing the shift in the Fed's monetary policy stance and its impact on future markets. St. Louis Federal Reserve Governor Brad said the Federal Reserve should prepare for the risk of rising inflation. Governor of the New York Federal ReserveWilliamsIt is said that the inflation rate should drop to around 2% next year.
The Dow rose 586.89 points, or 1.76%, to 33876.97 points; the NASDAQ rose 111.10 points, or 0.79%, to 14141.48 points; and the S&P 500 rose 58.34 points, or 1.40%, to 4224.79 points.
The CBOE Volatility Index (VIX), which measures the extent of market panic, fell nearly 12% to 18.24 points.
Most economic recovery concept stocks, such as cruise ships and aviation, rose. The financial, crude oil, and industrial sectors generally rose.Amazons, Nvidia, andNetflixOther technology stocks are still declining.
Top US stock turnover on MondayTeslaThe company closed down 0.4% and traded $15.15 billion. Tesla CEO Musk said on Monday, “We are considering hosting Tesla AI Day in about a month's time. On that day, we will review Tesla's progress in AI software and hardware, including training and reasoning. The purpose (of hosting this event) is recruitment. ”
Nvidia, the second-largest company in terms of turnover, closed down 1.1%, with transactions of US$12.17 billion. Broker Jefferies raised Nvidia's target price to $854, giving it a 'buy' rating. Nvidia's acquisition of ARM is expected to be completed in early 2022. The company's chief financial officer Colette Kress said that Nvidia's vision is not only to build hardware, but also to build an ecosystem to become a 'complete systems and computing company, not just a chip company'.
Amazon, the third largest company in terms of turnover, closed down 0.9%, with transactions of US$10.94 billion. Amazon Prime membership day officially began today, according to reportsAdobeData, toys, electronics, computers, and TVs are the most discounted during Amazon Prime Day 2020, and the company expects sales to follow a similar pattern this year.
The fourth largest AMC Cinema Line Company in terms of turnover closed down 6%, with a turnover of 10.56 billion US dollars. The Russell 1000 and Russell 2000 indices will announce constituent stock updates over the weekend, AMC Cinema Line andGame StationIt may be excluded because the market capitalization is too large.
The 5th to 7th places in the order of turnoverapples,MicrosoftWith Shopify, all three closed higher.
The US version ranked 8th in terms of turnover”Pinduoduo” ContextLogic's stock closed sharply 18.4% higher and traded 4.18 billion US dollars. According to reports, ContextLogic announced a partnership with e-commerce platform PrestaShop. ContextLogic is also one of the most sought-after stocks on the WSB retail forum.
BoeingIt ranked 11th in today's turnover, closing 3.3% higher, with a turnover of 3.64 billion US dollars. Boeing's newest passenger aircraft, the 737 Max 10, completed its first flight last weekend.
The 12th largest in terms of turnover was the oil and gas company Torchlight Energy, which closed up 58.2% and sold $3.51 billion. This stock is a group of new and popular retail investors on the Reddit forum to push for short stocks. The stock price has tripled since the beginning of May, with a year-to-date increase of 783%.
China Securities shortlisted for the top 20 US stock turnover todayWeilaiAutomobile companies, the stock closed down 0.9% and traded $2.02 billion.
The following are the 20 most actively traded US stocks on the same day (by turnover):
(Screenshot from the Sina Finance App Market - US Stocks - Market section, swipe left for more data)Download the Sina Finance App
