No Data
No Data
Before the "three witching hour," US stocks had a one-day rebound, quantum computing stocks plummeted, PDD Holdings briefly rose by 10%, and the Bank of England took a hawkish stance, with UK bonds turning to declines during the session.
Accenture fell over 7%; quantum computing stock D-Wave dropped 18%; after the Earnings Reports, FedEx fell over 5% in after-hours trading; Micron Technology once rose over 5% in after-hours trading. NIO declined nearly 9%, but PDD Holdings closed up 4%. After the Bank of England meeting, UK bond yields experienced a V-shaped reversal, and UK stocks halted a six-day rally. The USD reached a two-week high. Brent crude oil rose nearly 2% to create a new three-week high. Gold reached a new intraday historical high for three consecutive days. Copper increased for four straight days, closing at a new historical high.
Despite the pressure from weak retail, U.S. stock indices rebounded over two days, but Tesla and NVIDIA declined. Quantum computing stocks continued to rise sharply, and Chinese concept stocks strengthened, with Baidu up 9%.
Tesla closed down nearly 5%, NVIDIA fell nearly 2%; Intel rose nearly 7%; quantum computing stock ARQQ rose 57%; the China Concept Index rose 4%, and Alibaba increased by over 4%. After U.S. retail sales, the two-year U.S. Treasury yield reached a two-week high. The USD briefly approached a five-month low. Crude Oil Product rebounded over two days. Gold futures reached a historic high over three days, having briefly turned to decline during the session.
12 Industrials Stocks Moving In Thursday's Pre-Market Session
Trump's tariffs are fluctuating unpredictably, the decline in US stocks is easing, Tesla has rebounded nearly 4%, Chinese concept stocks are booming, and NIO has surged 17%, while the Canadian dollar has a rollercoaster ride.
The three major U.S. stock indices all closed at six-month lows; NVIDIA rose by 1.7%, while Apple fell nearly 3%; United States Steel increased by over 5%, and Aluminum rose by more than 3%; XPeng Motors climbed nearly 15%, and Alibaba rose by almost 5%. The yield on two-year U.S. Treasuries rebounded by over 10 basis points during the session. After Trump threatened to impose tariffs on Canada, the Canadian dollar plunged to a one-week low, then turned to rise; the euro reached a nearly five-month high; Bitcoin rebounded by over $6,000 during the session.
Trump's tariffs "give some leeway," U.S. stock indices rebound over 1%, Chinese concepts surge, Alibaba rises nearly 9%, the dollar plummets, and German bonds hit their worst performance since 1990.
Microsoft rose over 3%, leading the Dow Jones; automotive giants surged, with Stellantis up over 9% and General Motors rising over 7%. The China Concept Index increased by more than 6%, with XPeng Motors up over 7%. German stocks rose over 3%; the yield on ten-year German bonds surged by 30 basis points; the euro climbed over 1% to a four-month high, the USD fell over 1%, experiencing its largest drop in six weeks. The offshore yuan rose over 400 points during intraday trading. The Crude Oil Product closed at its lowest level in nearly six months.
Express News | Shares of Airline Companies Are Trading Lower Amid Overall Market Uncertainty After President Trump Confirmed March 4 Tariffs. Tariffs Could Create Negative Sentiment for Travel Plans With American Destinations