On Friday, June 21, the three major U.S. stock indexes diverged, with the S&P 500 cap and technology-based Nasdaq pulling back and the Dow rising slightly.
The Dow Jones continued to rise after opening more than 70 points, expanding its gains to 122 points or up 0.3%, the S&P 500 market fell about 0.4% and then maintained its downward trend, and the Nasdaq fell 0.57% and then turned up in the short term, hovering around 0% upward. In the first hour and a half of trading, the S&P and Nasdaq narrowed their losses significantly and came close to turning higher.
Most of the star tech stocks rose. Apple and Microsoft rose straight at the beginning of the session, rising more than 1%, and then retreated slightly to maintain their gains. Google A rose nearly 2%, Amazon rose about 1.1% at one point, and Netflix rose about 0.95% before falling slightly. Although Meta turned up in the short term at the beginning of the session, it still fell more than 1%. Tesla rose nearly 1.3% at the beginning of the session and fell more than 0.48%.
Chip stocks extended losses and led the losses in major sectors. The Philadelphia Semiconductor Index fell about 2.27% at one point, breaking off new highs for the second day in a row, and the industry ETF SOXX also fell more than 2%. Nvidia fell 5% and then halved, and Arm Holdings, Micron Technology, and Supermicro Computer also fell more than 5% at one point.
AI概念股跌多涨少。 BigBear.ai 涨超3.3%,而戴尔跌超5%,超微电脑跌超5.6%,英伟达概念股SoundHound跌超4.4%,Palantir跌超6%,C3.ai跌超4%。
Popular Chinese concept stocks retreated. ETF KWEB and Nasdaq Golden Dragon China Index (HXC) fell 1%, and CQQQ fell more than 0.4%. Pinduoduo fell more than 2.6%, and Zeekr fell more than 4.3%.
Most of the retail stocks were lower. Game Station fell more than 3%.
现货黄金跌超1.3%，白银跌3.5%，金银矿业股和铜矿股普跌。 Galiano Gold跌4.1%,Coeur Mining跌3.6%,Hecla Mining跌3.2%,巴里克黄金公司跌2.4%,泛美白银跌2.2%;黄金ETF GDX跌1.4%、GLD跌1.1%,白银ETF SLV跌3%。
铜矿股中,Hudbay Minerals跌2.7%,Lundin Mining跌2.6%,Ero Copper跌2.5%,嘉能可ADR跌1.7%,南方铜业公司跌1.6%,必和必拓ADR跌超1.3%,Teck资源跌1%,自由港跌超0.7%,淡水河谷ADR跌0.2%,英美公司/英美资源集团ADR跌0.3%; ETF COPX跌2.3%,CPER跌超1.8%。
比特币跌破64000美元，区块链概念股普跌，MicroStrategy、Marathon Digital、Coinbase跌逾3%，Riot Platforms跌近3%
On the news side, existing home sales in the United States fell for three consecutive months in May, and home prices hit a record high. The preliminary Markit manufacturing PMI in the United States in June was 51.7, a three-month high, the preliminary service PMI was 55.1, a 26-month high, and the preliminary composite PMI was 54.6, a 26-month high.
The U.S. 10-year Treasury yield briefly turned higher, returning to above 4.26%, and four minutes before the release of the U.S. PMI data, it fell to a daily low of 4.2148%, which rebounded quickly after the release of the PMI data and rebounded further after the release of the U.S. housing data.
The following is updated before 21:50 Beijing time
On Friday, June 21, S&P Global released data showing that the preliminary value of the Markit services PMI in the United States in June was 55.1, the expected value was 54, and the previous value was 54.8, and the preliminary value of the Markit composite PMI in June was 54.6, the expected value was 53.5, and the previous value was 54.5, which was better than expected.
After the release of the data, the dollar index rose about 15 points in the short term and is now at 105.89. The yield on the US 10-year Treasury note rose in the short term and is now at 4.222%. Spot gold was lower in the short term and is now trading at $2349.95 an ounce.
The three major U.S. stock indexes diverged, with the Dow up 0.08%, the S&P 500 down 0.34%, and the Nasdaq down 0.55%.
In addition, today is the "Three Witch Day" of U.S. stocks, with about $5.5 trillion in options expiration, the largest in history. The "Three Witch Days" for U.S. stocks refer to the days when contracts for three financial derivative instruments, namely index, stock and ETF options, expire on the same day.
The expiration of the option coincides with the rebalancing of the index by S&P Dow Jones Indices, and the subsequent adjustment of the ETF will add another force to the market volatility. Among them, Nvidia may be "the first to bear the brunt", and the underlying option expiration value is the second largest of all underlying assets, after the S&P 500.
Semiconductor stocks fell the most, with Nvidia falling nearly 5%, Arm Holdings, Micron Technology, and Supermicro Computer falling more than 5%.
Most of the popular Chinese concept stocks fell, NetEase fell more than 2%, JD.com, Pinduodu, Weilai, and Li Auto fell more than 1%, and Bilibili rose about 1%.
Major European stock indexes were lower across the board
The Euro Stoxx 50 fell 0.9%, Germany's DAX 30 fell 0.6%, Britain's FTSE 100 fell 0.57%, and France's CAC 40 fell 0.64%.
Gold, silver lower
Spot silver fell 2.41% during the day to $29.99 an ounce. Spot gold has retraced about $16 from its intraday high and is now trading at $2,351.5 an ounce.
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