U.S. stock market closing | The 'Triple Witching Day' saw violent fluctuations in the final trading hour, with the Dow hitting a new all-time high; Intel surged in the final hour, gold reached a new high, and the offshore RMB rose by 300 points.
The Dow Jones hit a new high, while small-cap index fell more than 1% after seven consecutive gains, and the S&P briefly stopped falling in late trading. The Dow rose 1.6% for the week, the Nasdaq rose 1.5%, and energy stocks drove the S&P up 1.4%, the fifth consecutive weekly gain in six weeks, with small-cap stocks rising more than 2% and China concept stocks rising nearly 4% for the week.
Baidu, Inc.'s (NASDAQ:BIDU) Has Had A Decent Run On The Stock Market: Are Fundamentals In The Driver's Seat?
Hong Kong stocks surged, with the Hang Seng Index closing up 1.43%; biomedical stocks rallied significantly in the late trading session, with Wuxi Apptec up nearly 12%.
The three main stock indexes in Hong Kong surged in the morning, with a significant increase, and the gains slightly narrowed in the afternoon but overall remained strong. At the close, the Hang Seng Index and the H-share Index rose by more than 1%, while the hang seng tech index increased by 1.43%, surging to 2.5% at one point during the day. All three major indexes continued their upward trend, setting new highs in the recent rebound.
Express News | Baidu Intelligent Cloud's 4 products have been certified by the ISO/IEC 42001 application system for large-scale models.
The Hang Seng Index rose 261 points in the first half of the day, with a turnover of 90.9 billion yuan. Real estate and automobile stocks were favored.
The Federal Reserve's half-point rate cut boosted US stocks, with the Dow and S&P 500 indices reaching new highs. The Hong Kong stock market continued to rise in early trading. Hang Seng Index opened high by 56 points and the gains expanded, rising to 18,355 points at one point, up 261 points or 1.5% at midday to 18,275 points; the China Enterprises Index rose 92 points or 1.4% to 6,397 points; the Hang Seng Tech Index rose 65 points or 1.8% to 3,717 points. The total turnover of the market in the morning session was 90.958 billion yuan. In the technology sector, Alibaba (09988.HK) rose 2.5% to 87.8 yuan, while Tencent (00700.HK) fell 0.4% to
US stocks close | Nasdaq rose 2.5%, Dow Jones, S&P hit record highs; chip stocks, Chinese concept stocks shine, Tesla rose more than 7%, Nvidia rose nearly 4%
The US unemployment benefits data strengthens expectations of an economic soft landing, with the Dow Jones breaking the 0.042 million point mark for the first time and the S&P closing above 5700 points for the first time. The Nasdaq rose 3% at one point, the chip index rose 5.7% at one point, the bank index rose nearly 3%, and the Chinese concept index rose over 4%.
Why Baidu (BIDU) Stock Is Trading Higher
Shares of US-listed Chinese Stocks Are Possibly Trading Higher Ahead of Expectations That the People's Bank of China Will Cut Rates. Also, the Sector May Be Experiencing Strength After the Fed Cut Rates by 50 Basis Points.
US stocks are volatile | Chinese concept stocks collectively rise alibaba(BABA.US) up more than 3%.
Chinese concept stocks are collectively rising, as of the time of publication, Alibaba's stock has risen more than 3%.
Express News | Ishares China Large Cap ETF up 2.9%, Kraneshares CSI China Internet ETF up 3.6%
Express News | Alibaba up 4%, PDD Holdings up 3.7%, NetEase up 2.6%, Baidu up 3.2%
Express News | Li Auto up 3%, JD.com up 5.9%, NIO up 5.4%
Express News | U.S.-Listed Shares of Chinese Firms Rise Premarket as Domestic Stocks Close Higher After Fed Rate Cuts
Alibaba Unveils Over 100 Open-source AI Models, Including Text-to-video Tool
Hong Kong stocks continued to rise strongly in the afternoon! The Hang Seng Index and the H-Share Index rose more than 2%, while the Technology Index surged more than 3%; large technology stocks are all performing well, with jd.com up more than 7% and Mei
The three major stock indexes in Hong Kong rose unilaterally throughout the day, with a surge in market bullish sentiment. The Hang Seng Tech Index continued to climb in the afternoon, leading the way with a sustained increase of 3.8%, ultimately closing significantly higher at 3.25%, reaching a two-month high. The Hang Seng Index and the Mainland China Stock Index rose by 2% and 2.1% respectively.
Express News | QM Report: Baidu Wenxin AI Platform is the only one in the industry to achieve distribution and monetization.
AI Likely Key Driver of Equity Market Returns -- Market Talk
Intraday overview | The three major indices are rising strongly! The ChiNext Index surged more than 2.5%; technology stocks, mainland real estate stocks are collectively strong, with R&F Properties surging nearly 14%, and Kuaishou rising more than 6%.
Network technology stocks collectively rise, with Kuaishou up over 6%, jd.com up nearly 6%, bilibili up over 4%, alibaba, baidu up over 2%, Meituan up nearly 2%, Tencent up over 1%.
China International Capital Corporation: AI+ code is a practical and commercially leading AI application scenario.
China International Capital Corporation believes that the improvement of AI application capabilities relies on both the enhancement of model capacity and the deep understanding of application scenarios and accurate grasp of customer needs.
The U.S. stock market hit a new high again, with Chinese concept stocks and cryptos surging! Waiting quietly for the "crucial moment".
After the overnight Dow Jones Industrial Average and S&P 500 index hit new highs in intraday trading, the Japanese stocks also opened strongly.