The super central bank week and the super earnings report debuted this week, the market’s cautious sentiment returned, and energy and technology stocks were under heavy selling pressure.Dow JonesClosed more than 260 points, the S & P fell by more than 1%,That fingerdown nearly 2%.fee halfIt fell by more than 2.6%.
Politically, aboutS&P 500 IndexMore than 100 companies with one-third of the market capitalization will release financial reports this week, including technology giants such as Apple, Amazon, Meta and Alphabet. Investors expect technology stocks to face severe volatility.
Investors will also pay attention to the interest rate decisions of the Federal Reserve, Europe and the Bank of England. The Federal Reserve is widely expected to raise interest rates for the eighth time, but will slow down the rate hike to 1 yard, while the European and British central banks are expected to raise interest rates by 2 yards each. The US non-farm payrolls data for January is also worthy of attention.
Wall Street Journal reporter Nick Timiraos, who is known as the “Fed microphone”, recently wrote that the Fed’s interest rate hike this week depends on the extent to which officials expect the economy to slow down. high inflation.
U.S. Treasury Secretary Yellen said in an interview on Monday that stubbornly low inflation may renew long-term challenges to the U.S. economy and policy makers.
It was reported on Monday that the U.S. Department of Commerce has notified some U.S. companies that they will no longer provide export licenses to Huawei, which means that the U.S. will completely ban the sale of U.S. technology to Huawei. Earlier, Japan and the Netherlands reportedly reached an agreement with the United States to begin restricting the export of advanced process chip manufacturing equipment to China.
However, it remains to be seen whether the US sanctions are realistic. Foreign media reported on Monday that the China Academy of Engineering Physics (CAEP), China’s top nuclear weapons research and development institution, was blacklisted by the United States as early as 1997, but the agency has been able to purchase Intel, Huida (Nvidia) continues to evade U.S. export controls.
In addition, sources from the Organization of Petroleum Exporting Countries and Partners (OPEC+) revealed that OPEC+ may recommend maintaining the current production policy when it holds an online meeting on Wednesday. On the same day, Russian President Vladimir Putin had a phone call with Saudi Crown Prince Mohammed bin Salman to discuss OPEC+ cooperation.
The global new crown pneumonia (COVID-19) epidemic continues to spread. Before the deadline, the Johns Hopkins University (Johns Hopkins University) data pointed out that the number of confirmed cases worldwide has exceeded 670 million, and the number of deaths has exceeded 6.83 million. More than 12.7 billion doses of vaccines have been administered in 184 countries around the world.
The performance of the four major US stock indexes on Monday (30th):
- US stocksDow Jones IndexIt fell 260.99 points, or 0.77%, to close at 33,717.09.
- NasdaqThe index fell 227.89 points, or 1.96 percent, to close at 11,393.81.
- S&P 500 IndexIt fell 52.79 points, or 1.3 percent, to close at 4,017.77.
- Philadelphia SemiconductorThe index fell 78.58 points, or 2.67%, to close at 2,866.69 points.
Focus stocks
The five kings of science and technology dive together. apple (AAPL-US) down 2.01%; Alphabet (GOOGL-US) down 2.45%; Microsoft (MSFT-US) down 2.20%; Meta (META-US) down 3.08%; Amazon (AMZN-US) fell 1.65%.
Dow JonesMore than half of the constituent stocks closed black. Johnson (JNJ-US) fell 3.7%; Chevron (CVX-US) down 2.93%; 3M (MMM-US) down 2.32%; Goldman Sachs (GS-US) rose 1.06%; Verizon Communications (VZ-US) up 1.01%
fee halfThe constituent stocks are poured into one piece. AMD (AMD-US) down 3.91%; NVIDIA (NVDA-US) down 5.91%; Applied Materials (AMAT-US) fell 3.82%; Texas Instruments (TXN-US) down 0.50%; Intel (INTC-US) down 0.75%; Qualcomm (QCOM-US) down 1.33%; Micron (MU-US) down 3.38%.
Taiwan stock ADRs were mixed. TSMC ADR (TSM-US) down 0.18%; ASE ADR (ASX-US) fell 1.60%; UMC ADR (UMC-US) rose 1.02%; Chunghwa Telecom ADR (CHT US) rose 0.03%.
Corporate News
Tesla (TSLA-US) tumbled 6.32% to $166.66 per share. JPMorgan analyst Ryan Brinkman believes that Tesla’s stock price has risen too fast this year due to many uncertainties in the electric car maker’s business.
apple (AAPL-US) slipped 2.01% to $143.00 per share. TF International Securities analyst Ming-Chi Kuo tweeted on Monday that Apple will slow down the release of iPads for the rest of 2023, with the goal of launching a foldable iPad in 2024.
Boeing (BA-US) fell 0.71% to $209.67 per share. Boeing plans to add new 737 Max production lines in the second half of 2024 to meet strong demand.
Johnson (JNJ-US) fell 3.7% to $162.00 a share, its worst day since June 2020. A U.S. federal appeals court has rejected Johnson & Johnson’s strategy of using bankruptcy to settle multibillion-dollar lawsuits over its talcum powder causing cancer.
Amgen (AMGN-US) closed down 0.81 percent at $251.59 a share. Amgen said on Monday that it was laying off about 300 U.S. workers, or about 1.2 percent of its workforce, mainly due to organizational changes, a sign of layoff pressure in the healthcare sector following a wave of layoffs in the tech sector.
The short-selling agency Fuzzy Panda said it was shorting Lucid, and it was false news that the Saudi Arabian sovereign wealth fund “Public Investment Fund” (PIF) wanted to acquire Lucid. LCID ADR (LCID-US) plunged 8.70 percent to $11.75 a share.
Wall Street Analysis
JPMorgan strategist Marko Kolanovic believes U.S. stocks could head lower in the coming months as recession risks mount.
Ethan Harris, head of global economic research at Bank of America, judged: “Fed Chairman Powell is not expected to want the market to rebound after this meeting. He does not want to add stimulants to market optimism.”
The numbers are all updated before the deadline, please refer to the actual quotation
