On Thursday, the three major U.S. stock indexes closed lower, including the Dow Jones Industrial Average down 1.53%, the Standard&Poor's 500 Index down 0.74%, and the Nasdaq Composite Index down 0.39%.
Technology stocks fell across the board, with Apple down 2.11%, Amazon down 1.14%, Netflix down 0.75%, Google down 1.6%, Facebook down 0.43%, and Microsoft down 0.82%.
Bank stocks fell collectively, JPMorgan Chase fell 0.65%, Goldman Sachs fell 0.95%, Citigroup fell 1.25%, Morgan Stanley fell 1.85%, Bank of America fell 1.45%, and Wells Fargo fell 2.04%.
Energy stocks generally fell, with ExxonMobil down 1.65%, Chevron down 0.41%, ConocoPhillips down 0.47%, Schlumberger down 0.34%, and Western Petroleum down 1.13%.
In fact, not only U.S. stocks, but also gold silver Also continue to dive.
Bitcoin also fell sharply, fall drastically US $68000.
US stocks assets The main reason for the decline was that the expectation of interest rate cut was postponed again.
As of the week of May 18, 215000 people had applied for unemployment benefits for the first time in the United States, a new low since April 27. It is expected that 220000 people will apply for unemployment benefits, compared with 222000 people previously. This data has intensified the market's concern about inflation.
In addition, the initial value of the US May comprehensive PMI released by S&P globally exceeded expectations and rose to 54.4, indicating the fastest expansion of corporate activities in more than two years. At the same time, the sub index showed that prices rose and inflation rose, and traders would Federal Reserve The first interest rate cut is expected to be postponed from November to December.
Collective decline of China concept stocks
On May 23 local time, the most popular Chinese stocks in the US fell, and the NASDAQ China Golden Dragon Index fell 3.71%.
In terms of individual stocks, many Chinese probability stocks underperformed. Bilibili fell more than 12%, Weilai fell more than 8%, Xiaopeng Auto fell more than 7%, Ideal Auto fell more than 5%, Jingdong fell more than 4%, Vipshop, Futu Holdings, iQiyi, Netease, Manbang fell more than 3%, Alibaba fell more than 2%, Tencent Music fell more than 1%, Baidu and Weibo fell slightly. Pinduoduo rose by more than 4%.
Nvidia soared nearly 1.6 trillion
Although technology stocks in the US fell collectively, chip giant Nvidia bucked the trend and rose 9.32% to $1037.99. The market value is 2.6 trillion US dollars. The market value increased by 217.7 billion US dollars (about 1576.6 billion yuan).
Huang Renxun, CEO of the company, has a net worth of US $91.3 billion, ranking 17th in the global rich list.
Nvidia announced its latest performance yesterday, which shows that after the adjustment of Nvidia's first fiscal quarter Earnings per share USD 6.12, expected to be USD 5.65; The revenue is US $26.044 billion, expected to be US $24.65 billion, up 18% month on month and 262% year on year; Net profit US $14.881 billion, expected to be US $12.9 billion, up 620% year on year.
It is worth noting that this is the third consecutive quarter in which NVIDIA's revenue grew by more than 200% year-on-year.
The revenue of the data center is $22.6 billion, and the expected revenue is $21.13 billion. The game revenue is 2.6 billion US dollars, with an expected 2.62 billion US dollars. The gross profit margin is 78.9%, expected to be 77%.
In addition, Nvidia expects its revenue in the second fiscal quarter to be $28 billion, up or down 2%, while the market expects it to be $26.8 billion.
In addition, starting from June 10, Nvidia will complete the split of 10 shares. As of June 6, shareholders registered before the close of the market can obtain 9 additional shares for each ordinary share, so that employees and investors can hold it at a lower price. The company will also pay dividends to shareholders registered before June 11 by increasing 150% to $0.01 per share after the split.
It is reported that Goldman Sachs raised the target price of Nvidia from $1100 to $1200, Piper Sandler raised the target price of Nvidia from $1050 to $1200, and Citigroup raised the target price of Nvidia from $1030 to $1260.
Safe, fast and guaranteed futures account opening on Sina cooperation platform
Massive information, accurate interpretation, all in Sina Finance APP
