In the early morning of the 26th Beijing time, US stocks closed higher on Wednesday, and the Nasdaq and the S & P 500 index set a new intraday and closing record. The S & P indexIt broke through 4500 points for the first time in intraday trading. Banks and reopened concept stocks led gains. Yields on 10-year Treasuries climbed. The market is concerned about the epidemic in the United States and the upcoming annual meeting of the Federal Reserve.
The Dow was up 39.24 points, or 0.11%, at 35405.50; the Nasdaq was up 22.06 points, or 0.15%, at 15041.86; and the S & P 500 was up 9.96, or 0.22%, at 4496.19.
Both the S & P 500 and the Nasdaq have recorded a fifth day of gains in a row.
The Nasdaq rose as high as 15059.43 on Wednesday and the S & P rose to 4501.71, both hitting new intraday highs.
The yield on the 10-year Treasury note climbed to 1.341% on Wednesday, an one-month high. Driven by the rise in the yield on 10-year government bonds, JPMorgan Chase & Co、 Wells Fargo & CoAnd other major banks, as well as Zion Bank, Regions Financial and Fifth Third and other regional banks are generally higher.
Sectors such as tourism, leisure, aviation and gambling rose.
On Wednesday, the top US stock trading volume, AMC cinema, closed down 0.7%, with a turnover of $9.48 billion. AMC Entertainment's share price rose 20.3% on Tuesday and is the most active stock on Fidelity's trading platform.
Tesla, Inc. ranked second in turnoverIt closed 0.4% higher, with a deal of $8.84 billion. According to foreign media reports, Tesla, Inc. will launch a Model Y with a range of nearly 400km in China. According to Goldman Sachs GroupTesla, Inc. has become the stock most shorted by hedge funds, he said.
In fourth place, Nvidia closed 1.9% higher and its share price hit an all-time high with a turnover of $7.67 billion. According to local media reports citing people familiar with the matter, due to the previous procurement of Intel Corp, who won the bidExcess delivery time will be delayed until at least 2022, and the U.S. Department of Energy has used NVIDIA Corp and AMD for procurement.The chip of Polaris is super close to reaching a deal.
No. 10 BabaIt closed down 1.5% to $4.34 billion. Alibaba Group Holding Ltd has risen for two consecutive trading days.
No. 15 MeiguangIt closed 2.9% higher, with a deal of $2.7 billion. In the face of Chinese companies joining the memory chip market, Meguiar CEO Sanjay Mehrotra said in an interview that it will not underestimate Chinese competitors and their development, but Meguiar will focus on promoting its own technological development process.
16th game stationIt closed down 5.1% to $2.66 billion. Although there is no obvious news factor, but yesterday the stock suddenly pulled up in late trading, closing up 27.5%.
Cassava Sciences (SAVA), the 18th Alzheimer's drug company, fell 31.4% to $2.51 billion. Cassava Sciences is one of the meme stocks sought after by retail investors. A former US Securities and Exchange Commission (SEC) lawyer filed a citizen petition claiming that the company has been on the market for more than 20 years without any products on the market, questioning the quality and integrity of its published results of experimental drugs for Alzheimer's disease.
In 20th place, Dick sporting goods closed 13.3% higher, with a turnover of $2.34 billion. The company's second-quarter revenue rose 20 per cent year-on-year to $3.275 billion. Earnings per share reached $5.08, up 58.26% from a year earlier. In addition, the company raised its quarterly dividend by 21% and announced a special dividend of $5.50 per share.
The following are the 20 most actively traded stocks of the day (by turnover):
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