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Express News | Shares of US-listed Chinese Stocks Are Trading Higher After the People's Bank of China Announced a Cut in Benchmark Lending Rates
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US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Here's How Much $1000 Invested In PDD Holdings 5 Years Ago Would Be Worth Today
Meituan fights for low stock prices.
Fight back to the end.
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GTJA: June's social zero export data continued to show warmth, with leading companies being more stable.
Amazon's annual shopping event, Prime Day, will be held from July 16th to 17th in 2024. This year's Prime Day is expected to perform well, and we anticipate that the leading companies will continue to show good growth.
Express News | Shares of Chinese Stocks Are Trading Lower Amid Reports Suggesting the Biden Administration Is Considering Chip Sale Restrictions on China, Which Could Drive US-China Tensions
Overnight News: US stocks rose, Chinese concept stocks rose, gold hit a new high, Russia plans to cut crude oil production, and a dam in Illinois, USA collapsed.
For more global financial news, please visit our 24/7 real-time financial news market closing: Dow rose more than 740 points to a new high, small-cap stocks surged. July 16th, the top 20 US stock trading volume: Musk supports Trump's election and pledged to donate $45 million per month. On Tuesday, China concept stocks were mixed, with Xiaopeng up 6.6% and PDD down 1.6%. US WTI crude oil fell 1.4% on Tuesday, and major European stock indexes fell collectively. The German DAX30 index fell 0.42%. Macroscopically, US retail sales excluding autos in June recorded the largest increase in three months. US business inventories in May increased by 0.5% on a month-over-month basis, which is in line with expectations.
PDD Holdings Inc. Sponsored ADR (PDD) Stock Slides as Market Rises: Facts to Know Before You Trade
Top Gap Ups and Downs on Monday: PDD, COIN, JD and More
Overnight News: The Republican Party officially nominated Trump as its presidential candidate. New York Fed manufacturing index has fallen for eight consecutive months.
For more global financial news, please visit 24 hours real-time financial news market closing: US stocks rose, the Dow hit a historic high, Trump's election prospects heated up. Top 20 US stocks turnover on July 15th: bullish on Trump's election prospects, Trump media rose by more than 30%. US WTI crude oil fell 0.4% on Monday, falling for the second consecutive trading day. Hot China concept stocks fell collectively on Monday, PDD Holdings fell 3.1%, and Baidu fell 6%. Major European stock indices fell collectively, with the German DAX30 index falling 0.86%. Macro, the Republican Party in the United States officially nominated Trump as the party's presidential candidate, and Trump announced James David Vance as his deputy.
PDD Holdings Options Spot-On: On July 15th, 76,780 Contracts Were Traded, With 1.37 Million Open Interest
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Express News | PDD Holdings Down 3.3%, Baidu Down 6.3%