On Thursday, March 28, after the S&P hit another record high overnight, the three major U.S. stock futures indexes collectively fell before the market opened, European stocks opened higher, the stock indexes of major countries were mixed, the U.S. dollar continued to strengthen, gold fell slightly, and crude oil rose. .

Investors will focus on the number of people applying for unemployment benefits announced at 20:30 tonight. In addition, the United States will also announce the final value of the fourth-quarter PCE price index and the final value of fourth-quarter GDP. The market generally expects to remain unchanged.

Tonight at 19:00, Xiaomi Motors SU7 held a launch conference. Lei Jun, founder, chairman and CEO of Xiaomi, said on Weibo: "At Xiaomi's official car launch conference three years ago, I said that this is the last time in my life. To start a business, I am willing to put all my reputation on the line and fight for Xiaomi Motors."

This week, the market is focusing on the February PCE price index, the Fed’s favorite inflation indicator to be released tomorrow night, and the data is expected to still show that inflation remains high.

Three major U.S. stock index futures fell

Dow futures fell 0.08%, S&P 500 futures fell 0.04%, and Nasdaq 100 futures fell 0.06%.

The Seven Sisters of U.S. stocks fluctuated less, with Tesla rising slightly and Nvidia falling slightly.

Most of the popular Chinese concept stocks rose, with Xpeng Motors rising by more than 4%, NIO rising by nearly 2%, Bilibili rising by more than 2%, Pinduoduo rising by nearly 2%, and JD.com rising by more than 1%.

European stocks open higher

The European Stoxx 600 index rose 0.2% to hit a record high, the European Stoxx 50 index rose 0.19%, the German DAX30 index fell slightly by 0.02%, the French CAC40 index rose 0.25%, and the British FTSE 100 index rose 0.26%.

Shares of French chipmaker Soitec plunged 10% after the company reported lower-than-expected revenue guidance.

Stronger dollar

The U.S. dollar index rose 0.28% on the day and is currently at 104.58.

EURUSD fell below 1.08 for the first time since March 1.

USD/JPY stabilized after hitting its highest level in 34 years, rising slightly by 0.03% on the day to 151.36.

Crude oil rises

Brent oil and U.S. oil rose, rising 0.43% and 0.58% respectively.

Spot gold fluctuates and falls

Spot gold fell slightly by 0.03% to US$2,194.13 per ounce.

Bitcoin rises 1%

Bitcoin rose nearly 1% on the day and is now trading at $70,500 per coin.