2024/03/05
The three major U.S. stock indexes closed down at least 1%, with the Nasdaq hitting a two-week low and the Dow hitting a two-week low. Tesla closed down nearly 4%, continuing to lead the decline of the "Seven Sisters" of technology. Apple fell nearly 3%, its fifth consecutive decline; Nvidia fell more than 2% during the session and then turned higher; AMD fell 3% during the session and then erased most of the losses. , TSMC’s U.S. stocks fell more than 2%, both falling to historical highs; AI concept stock SoundHound fell more than 10%, Super Micro (SMCI) fell more than 9% and then turned higher; regional bank NYCB rose nearly 19%, the first time since the thunderstorm last Friday rose; Target rose 12% after the earnings report. China's stock index fell 1.5%, falling for two consecutive days. NIO closed up nearly 3% after falling 10% at the beginning. European stocks ASML fell 1.5% and Novo Nordisk fell 2.5%, both falling to record highs. After the release of the U.S. ISM index, the 10-year U.S. bond yield hit a new low in more than three weeks, once falling by more than 10 basis points; the U.S. dollar index quickly turned lower and hit a new low in more than a week; the offshore RMB turned higher in the short term and recovered 7.21. Bitcoin rose above US$69,000 to hit a record high during the session, before falling back to over US$9,000, or over 10%. U.S. oil fell to one-week lows for two consecutive days, and Brent oil fell away from its nearly four-month high for two days. The U.S. ISM later turned higher in the short term. Gold futures hit record highs for three days in a row, rising more than 1% intraday. Lun Copper ended its third consecutive positive streak, while Lun Nickel fell 1%, bidding farewell to nearly four-month highs.
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