English
Back
Download
Log in to access Online Inquiry
Back to the Top

US stocks collectively opened lower, the NASDAQ quickly fell 1%, and JD and Alibaba opened up 2%

On Tuesday, December 6, investors continued to weigh the Fed's interest rate path and the risk of a recession that came with it. US stocks collectively opened lower, and the decline widened rapidly within half an hour.

The S&P 500 opened 2.21 points lower, or 0.06%, to 3996.63 points; the Dow Jones Industrial Average opened 10.23 points lower, or 0.03%, to 33936.87 points; and the NASDAQ Composite opened 11.52 points lower, or 0.10%, to 11228.42 points.

The decline of the NASDAQ then expanded to nearly 1% and led the decline in major stock indexes. The Dow fell more than 70 points, Russell's small-cap stocks both fell more than 0.2%, and the S&P 500 index fell more than 0.5%, all following Monday's sharp decline across the board.

US stock sector ETFs rose and fell at the beginning of the session on Tuesday. Regional bank ETFs and global aviation ETFs led by more than 0.4%, banking ETFs, energy ETFs, and financial ETFs all rose more than 0.3%, global technology ETFs fell 0.2%, biotechnology index ETFs fell 0.4%, and online stock index ETFs fell 0.8% to perform the worst.

At the beginning of the session, popular Chinese securities performed well, and the NASDAQ China Golden Dragon Index rose 0.84%. JD and Alibaba each rose about 2% when they opened

Among other assets, international oil prices fell slightly, the US dollar index DXY fell slightly and hovered above the 105 mark, and spot gold rose 0.3% and stabilized above $1,770. US bond yields took back some of the week's gains. On Tuesday, the US stock market initially declined, and long-term bond yields fell even deeper.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
See Original
Report
402 Views
Comment
Sign in to post a comment