In the early morning of the 26th Beijing time, US stocks closed mixed on Friday. The S & P 500 hit an all-time high and recorded its biggest weekly gain since February. The US core personal consumption expenditure (PCE) price index recorded its biggest year-on-year increase in nearly 30 years in May, but investors are betting that inflationary pressures will rise temporarily and the US economy will continue to recover.
The Dow rose 237.02 points, or 0.69%, to 34433.84; the Nasdaq fell 9.32 points, or 0.06%, to 14360.39; and the Standard & Poor's 500 Index rose 14.21 points, or 0.33%, to 4280.70.
The S & P 500 rose as high as 4286.12 on Friday, an all-time high. The s & p 500 hit record highs this week, rising 2.7% in a week, its biggest weekly gain since February. The Dow is up 3.4% this week, and the Nasdaq is up 2.4% this week.
Nike, the constituent stock of the Dow(NKE) shares soared after the company announced quarterly sales growth in all major regions. FedEx(FDX) shares fell, the company's fourth-quarter results exceeded expectations, but the market response was lukewarm.
Ten-year Treasury yields climbed, putting pressure on technology stocks.
Tesla, the champion of US stock turnover on Friday.The company closed down 1.2% on a turnover of $21.86 billion. PanasonicIt was disclosed on Friday that Tesla bought 1.4 million shares at a cost of $30 million shortly after listing, and had cleared all shares at the end of March this year, cashing out more than $3.6 billion, with a yield of more than 12000%.
In 2010, Panasonic bought 1.4 million shares of Tesla for $30 million at $21.15 a share. A spokesman for the company said that a total of $3.61 billion was obtained through the sale of Tesla shares, and the transaction itself will not affect the cooperation between the two companies.
Amazon ranked second in turnoverThe company closed down 1.4% on a turnover of $13.23 billion. Bank of AmericaMaintain a "buy" rating of $100 million, with a target price of $4360, saying Amazon's two-day Prime Day sales growth was weak year-on-year.
Apple ranked third in turnoverThe company closed down 0.2% on a turnover of $9.24 billion. Morgan StanleyIt is believed that Apple provides a strong long-term buying opportunity at its current level.
Nike, No. 4 in today's trading volume, closed up 15.5% at a turnover of US $7.01 billion. Nike's previous full-year and fourth-quarter results exceeded market expectations and were upgraded by a number of major banks. The company's revenue rose 141% from a year earlier. UBSRaise its target price from $170 to $185.
China general stock BabaThe company became the eighth largest trading volume today, and the stock rose rapidly in late trading, closing 4.6% higher at a turnover of US $6.05 billion. Zhang Yong, chairman of the board of directors and CEO of Alibaba, said on the 25th that Ali Damo is firmly committed to long-term basic scientific research and pursuing cutting-edge scientific and technological breakthroughs at the forefront of the world. Alibaba will continue to firmly devote himself to long-term and basic research directions such as quantum computing and chips, and what he wants is the long-term "big result" of changing society.
The 12th place in trading volume was AMC, a popular retail stock, which closed down 4.7% at $4.16 billion.
FedEx, 18th in turnover, closed down 3.6% to $3.28 billion. FedEx's fourth-quarter adjusted EPS was $5.01, while analysts expected it to be $5.00. Fourth-quarter revenue was $22.6 billion, with analysts expecting $21.49 billion. Adjusted operating profit margin for the fourth quarter was 8.7%, while analysts expected 8.86%. EPS for fiscal year 2022 is expected to be $20.50-$21.50, while analysts expect $20.48.
The following are the 20 most actively traded stocks of the day (by turnover):
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