AvaTrade Aihua official website: Nasdaq hits highe
  Source:AvaTrade 2023-05-17 11:44:06
Description:
News on May 11, on Wednesday, US time, the major stock indexes closed mixed, with the Nasdaq up more than 1%. Data earlier showed that U.S. inflation eased slightly in April, while investors raised bets that the Federal Reserve will cut interest rates this year. The Dow Jones index closed at 33531.33, down 30.48 points, or 0.09%; the S&P 500 index closed at 4137.64 points, an increase of 0.45%; the Nasdaq index closed at 12306.44 points, an increase of 1.04%, the highest since August 18 last year Closing level.Most of the large technology stocks rose, Google rose more than 4%, the company announced at its I/O developer conference the launch of the latest large-scale language model PaLM 2, which will support Google's AI chat robot Bard; Amazon rose more than 3%, Apple and Microsoft Up more than 1%; Meta fell, down less than 1%.Most of the leading chip stocks rose, ASML and AMD rose more than 2%, Nvidia, Broadcom and Applied Materials rose more than 1%; TSMC, Intel and Micron fell, and Micron fell more than 1%.Popular stocks of new energy vehicles were mixed, Tesla fell 0.36%, Rivian rose 1.80%, Faraday Future fell 18.86%; Weilai fell 0.37%, Xiaopeng rose 2.08%; Ideal rose 13.93%. The net profit in the first quarter was 933.8 million yuan, turning losses into profits year-on-year.Among the leading e-commerce stocks in China, Alibaba rose 0.89%, JD.com fell 1.46%, and Pinduoduo fell 0.86%. Among other popular Chinese concept stocks, BOSS Zhipin fell 3.58%, Zhihu fell 2.94%, Bilibili fell 2.73%, Autohome fell 1.51%, Baidu fell 0.49%, Manbang fell 0.17%, New Oriental rose 0.61% , Ctrip rose 0.12%.European stock market: London stock market "Financial Times" 100 stock average price index closed at 7741.33 points on the 10th, down 22.76 points or 0.29% from the previous trading day. The CAC40 index of the French Paris stock market closed at 7361.20 points on the 10th, a drop of 35.97 points or 0.49% from the previous trading day. The DAX index of the Frankfurt stock market in Germany fell 59.25 points, or 0.37%, to close at 15896.23 points on the 10th.According to data released by the U.S. Bureau of Labor Statistics, the U.S. CPI rose by 4.9% year-on-year in April, the 10th consecutive decline, the lowest since April 2021. It is estimated to be 5.0% and the previous value is 5.0%; An increase of 5.5%, the forecast was 5.5%, and the previous value was 5.6%.