On Thursday, April 18, after U.S. stocks fell for four consecutive days overnight, the European market opened higher and moved lower; Micron was reported to be expected to receive US$6 billion in subsidies from the Biden administration, rising more than 1% before the market opened; TSMC's first-quarter revenue hit a year high It has the fastest growth rate in many years, but its stock price plunged 4% before the market opened. It once rose by more than 1%. Spot gold recovered slightly, while oil prices continued to decline.

European stocks open higher and move lower

The benchmark pan-European Stoxx 600 index was trading near a sideways line, with utilities up 1.1% and oil and gas stocks down 0.9% after oil prices plunged on Wednesday.

Star heavyweight 11 Luohan had mixed gains and losses, chip giant ASML continued to fall by about 1%, Novo Nordisk fell slightly by nearly 1%, and AstraZeneca rose slightly.

Among other stocks that changed significantly, Nokia, a Finnish listed telecommunications company, fell 3% as of press time due to lower-than-expected operating profits.

Stock indexes in various countries were mixed, with Britain's FTSE 100 index rising by 0.15%, France's CAC40 index rising by more than 0.19%, and Germany's DAX30 index falling by 0.07%.

TSMC tumbled sharply after results, falling 4% before opening

After the U.S. stock market fell for four consecutive days overnight, U.S. stock index futures changed little today. As of press time, the three major index futures rose slightly, with the Nasdaq 100 index futures rising 0.38%, the S&P 500 index futures rising 0.24%, and the Dow futures rising. 0.09%.

The "Seven Sisters" of technology stocks were mixed, with Nvidia rising about 1% before the market opened. TSMC's performance exceeded expectations, driving chip stocks to rise in the afternoon session of Beijing time. The company's Q1 net profit increased for the first time in a year. It once rose by nearly 3% before the market opened, but now fell by nearly 4%; Micron Technology rose by more than 1%, according to reports The company is expected to receive more than $6 billion in chip grants from the U.S. Department of Commerce next week.

Chinese concept stocks generally rose before the market opened, with Li Auto rising nearly 2% and Alibaba rising nearly 1%.

Gold regains losses slightly, oil prices maintain decline

International benchmark oil prices crashed 3% yesterday as concerns about oil demand overshadowed a potential supply crisis that could be triggered by tensions in the Middle East.

Oil prices did not change much today, with Brent oil falling slightly, falling below $87 and now trading at $86.91.

JPMorgan analysts highlighted in a note late Tuesday that global oil consumption so far in April is 200,000 barrels per day below their forecast, averaging 101 million barrels per day. Since the beginning of the year, demand has increased by 1.7 million barrels per day, down from the 2 million barrels per day forecast in November.

Gold prices slightly recovered their losses and are approaching the $2,380 mark.