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The Nasdaq opened lower, and Boeing fell more than 1% at the beginning
Source: Zhongxin Jingwei 2024-05-23 17:14:31

China Singapore Jingwei, May 21 - On the evening of the 21st Beijing time, the opening trend of the three major indexes in the US stock market was divided. As of press release, the Dow rose 0.02%, the Nasdaq fell 0.36%, and the S&P 500 fell 0.14%.

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At the beginning of the session, blockchain concept stocks strengthened, and Coinbase and Jianan Technology rose more than 3%. According to a report on the 21st of the Chinese website of the Wall Street Journal, the first Ethernet ETF is expected to be approved, with Bitcoin approaching $71000.

Zhonggai Real Estate fell back, Fangduoduo fell more than 17%, Xinyuan Real Estate fell more than 6%, and Shell fell nearly 2%.

Boeing fell more than 1%. According to CCTV News, a Singapore Airlines Boeing airliner landed at the airport in Thailand on the 21st because of severe turbulence, and the death toll rose to 2.

Huaxi Securities pointed out that because the valuation pressure of US stocks is still high, the cycle of high interest rates is still likely to affect the US economy and financial system, It is expected that the US stock market is still vulnerable to a correction in the future.

Deng Zhijian, an investment strategy analyst of DBS Bank, believes that the Federal Reserve is expected to cut interest rates this year, but not more than twice. The US economy is still resilient, and the market still has reasons to remain optimistic, but Some sectors of the US stock market really need to be cautious, such as finance and industry. (Zhongxin Jingwei APP)

   (The opinions in this article are for reference only, and do not constitute investment suggestions. Investment is risky, and you should be cautious when entering the market.)

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