Bank stocks led the rebound, S&P’s biggest gain in recent April, U.S. Treasury fell back, Bitcoin fell below $30,000 for the first time in four weeks-Wall Street Insights

The three major U.S. stock indexes rose more than 1% to bid farewell to their lows in nearly a month. The Nasdaq and Dow hit their biggest gains in two months and one month respectively. Industrial and financial sectors led the S&P gains, and small-cap stock indexes rose 3% for the first time in more than a week. Outperform the market. The pan-European stock index ended four consecutive declines and broke away from a two-month trough. Financial and mining stocks led the gains, with UBS rising more than 5%. The 10-year U.S. Treasury yield returned to 1.20%, out of a five-month trough. The U.S. dollar index hit a three-month intraday high and then fell. Crude oil rose more than 1% from the two-month trough, and natural gas hit another two and a half years high. Gold ended its two consecutive negatives, and silver hit a new low for more than three months. Lun Copper emerged from a one-month trough and Lunxi was approaching a record high.

The stock market crash on Monday stimulated investors’ interest in bargaining. U.S. stocks rebounded under the leadership of the financial and industrial sectors. The energy sector, which led the decline for four consecutive days, finally rebounded. Cyclical stocks rose more than growth stocks, and small-cap stocks took the lead for the first time in more than a week. Broad market.

Investor panic eased, long-term U.S. Treasury bond prices fell, yields rebounded, and benchmark 10-year U.S. Treasury yields rose back to 1.20%, out of the trough since February this year. Bank stocks that were hit by the sharp drop in U.S. Treasury yields rebounded strongly on Monday.

In individual stocks, announcedRevenue in the second quarter hit the strongest year-on-year growth in three yearsIBM had risen nearly 5% during the session. Airline, cruise and energy stocks, which fell sharply this week, rebounded. Halliburton, which announced two consecutive quarters of profit in the second quarter, rose by nearly 6%; US government officials said that they began to see signs of easing the global semiconductor supply shortage, including manufacturers’ promises to produce more chips for automakers, and most auto stocks such as Ford rose. . Blue Origin, a subsidiary of Amazon founder Bezos, successfully sent Bezos himself into space. Last week, Blue Origin’s rival Virgin Galactic, which realized the founder’s space journey, fell nearly 9% in the intraday market.Netflix announced after the marketEPS revenue in the second quarter and expected new subscribers in the third quarter were both lower than market expectations, The stock price dived first, then rebounded.

Although long-term bond yields rebounded, the U.S. dollar continued to strengthen, and the U.S. dollar index set a three-month high, showing that investors are still increasing their bets on safe-haven assets due to pandemic concerns.The European Union is considering banning anonymous cryptocurrency wallets and setting a cash payment limit. Cryptocurrencies are under pressure to further decline. Bitcoin for the first time in nearly a monthFell below $30,000 during the session

Most commodities rebounded, Lun Copper broke out of a one-month trough, Lunxi was close to the historical high set last Friday; crude oil rose more than 1%, bidding farewell to the recent two-month trough, the market expects the U.S. Department of Energy to announce last week’s U.S. crude oil inventories on Wednesday Declined for the ninth consecutive week; gold rose slightly, but silver continued to fall.

In the European market, most European debt bond prices continued to rise, but the decline in yields eased. Swiss banking giant UBS reported soaring profits in the second quarter. The two mining giants BHP Billiton and Anglo American Energy recently announced output higher than market expectations. Supported by a rebound led by financial and mining stocks, the pan-European stock index reversed its four-day losing streak.

The Nasdaq and Dow hit the biggest gains in two months and one month, respectively. Industrial and financial sectors led the gains. S&P small-cap stocks rose 3%, outperforming the market for the first time in more than a week.

The three major U.S. stock indexes collectively opened higher and moved higher, all of which rose more than 1% in early trading. The Dow Jones Industrial Average rose by more than 600 points at the beginning of midday, and rose by nearly 660 points when it refreshed its daily high, a percentage increase of more than 1.9%. The S&P 500 index rose more than 1.8% at midday when it refreshed its daily high. The Nasdaq Composite Index rose nearly 2% at midday when it refreshed its daily high. In the end, the three major stock indexes ended their collective decline for two consecutive days, all of which broke from the low closing since June 23 created on Monday.

The Dow closed up 549.95 points, or 1.62%, to 34,511.99 points, the largest closing gain since June 21, smoothing out most of Monday’s losses, and it fell more than 700 points on Monday, the biggest drop since October 28 last year. The S&P 500 closed up 1.52% to 4323.06 points, the largest closing gain since March 26, and closed down 1.59% on Monday. The Nasdaq closed up 1.57% to 14,498.88 points, the largest closing gain since May 20. It closed down 1.06% on Monday, and both the S&P and S&P recorded the largest decline since May 12 this year.

Small-cap stocks have led the market for the first time since last Friday, July 9. The small-cap index Russell 2000, which is dominated by value stocks, rose more than 2% in early trading. It expanded to more than 3% at midday and closed up nearly 3%. The technology-heavy Nasdaq 100 index closed up 1.23%.

Among the constituent stocks of the Dow, Boeing, which fell nearly 5% on Monday, closed up 4.9%, and American Express, which fell more than 4% on Monday, closed up 3.7%; while Merck fell more than 1%. The 11 major sectors of the S&P 500 that fell on Monday mostly rebounded on Tuesday, except for consumer staples that fell slightly less than 0.1%. Industry led the way with an increase of over 2.7%, followed by financials with an increase of over 2.4%. Energy and information Technology, real estate, telecommunications services, and healthcare all rose more than 1%.

Bank stocks rebounded across the board. Among the five major bank stocks, Morgan Stanley, which fell more than 2% on Monday, closed up more than 3%, Goldman Sachs, which fell more than 2% on Monday, rose more than 2%, and JPMorgan Chase, which fell more than 3% on Monday, rose 1.8%. Citigroup and Bank of America, which both fell more than 2% on Monday, rose nearly 1.9% and more than 2%, respectively.

Among aviation, cruise, and energy stocks, Norwegian Cruise Line and Carnival Cruise Line, which closed down more than 5% on Monday, closed up more than 8% and 7% respectively; American Airlines, which fell more than 4% on Monday, rose more than 8%, and on Monday fell more than 5%. United Airlines rose more than 6%, Southwest Airlines, which fell 2.8% on Monday, rose 6%, and Delta, which fell more than 3% on Monday, rose more than 5%; Halliburton, which fell more than 3% on Monday, rose more than 3%, and fell on Monday. Marathon oil, which was over 5%, closed up nearly 2%, and Exxon Mobil, which fell over 3% on Monday, rose over 1%.

Most auto stocks closed up, Tucson rose more than 5% in the future, Ford rose more than 4%, General Motors rose more than 3%, and Tesla rose more than 2%. Three Zhongguan new energy vehicle stocks continued to close up, Xiaopeng Motors rose more than 2%, Weilai Motors rose nearly 2%, and Ideal Motors rose more than 0.6%.

Among the stocks with large intraday volatility, IBM closed up more than 1%, and Virgin Galactic closed down more than 1%. In addition, Nvidia, which bucked the market and rose more than 3% on Monday, closed down nearly 0.9%, while chip stocks rose overall, and the semiconductor industry ETF SOXX rose more than 1%.

Most leading technology stocks rebounded. Among the six FAANMG technology stocks, Netflix, which fell by more than 0.2%, closed down, Apple rose by more than 2%, Facebook and Google parent company Alphabet rose by more than 1%, and Microsoft and Amazon each closed up by more than 0.8%. And nearly 0.7%. After the market, Netflix’s share price plunged after the announcement of its financial report, falling nearly 6% at one time, but it has since turned up.

Most popular Chinese concept stocks rose, with the Chinese concept ETF CQQQ rising nearly 0.5% and KWEB rising 0.1%. Zhihu and Ruixing Coffee rose by more than 10%, New Oriental, which fell by more than 9% on Monday, rose by nearly 6%, Bilibili rose by more than 3%, Good Future rose by more than 2%, Baidu and Alibaba rose by about 0.8%. Duoduo fell more than 2%, Tencent ADR fell nearly 0.2%.

In terms of European stocks, the Stoxx Europe 600 Index closed up for the first time in the last five trading days, breaking from the low since May 20 set on Monday. Among the sectors, mining stocks that rose more than 1.5% were the leaders in basic resources, followed by financial services that rose nearly 1.4% and banks that rose more than 1.2%. Among individual stocks, UBS rose more than 5%, and its net profit soared by 63% in the second quarter, which was supported by its wealth management business. The stock indexes of major European countries ended their three-day losing streak on Tuesday, but their gains were less than 1%. They recovered only a small part of Monday’s decline and fell at least 2% on Monday.

The 10-year U.S. Treasury yield rose again to 1.20% during the session, out of a five-month trough

The yield on the 10-year benchmark U.S. Treasury bond turned down in the European stock market. The U.S. stock market fell to 1.12% before the market, setting a new low since February 11, and hitting a new intraday low for more than five months after Monday, with a drop of more than 6 in the day. Based on the basis point, the U.S. stock market turned upward after the opening. The U.S. stock market smoothed out all the declines and then rose again to 1.20%. At the end of the morning, it once rose above 1.22% to refresh the daily high, and rose by more than 3 basis points during the day.

Similarly, the two-year U.S. Treasury yield that turned down in European stocks failed to rebound. U.S. stocks fell below 0.19% at the beginning of the market and set a daily low, and fell more than 2 basis points in the day.

At the close of US stocks, the 10-year US Treasury yield was about 1.22%, up about 3 basis points in the day; the 2-year US Treasury yield was above 0.20%, down more than 1 basis point in the day.

Most European government debt prices continued to rise on Tuesday, and the gains were not as good as Monday. The price of British government bonds rebounded during the session and yields turned up. The yield on the 10-year benchmark British government bond rose 0.4 basis points to 0.564%. U.S. stocks fell to 0.497% before the market, which was the lowest intraday low since February 12 for two consecutive days. German government bond yields fell 2.5 basis points during the same period. It reported -0.41%. The US stock market fell to -0.439% before the market, and it continued to hit a new intraday low since February 12.

The U.S. dollar index hits a new high in more than three months and then falls back.

The ICE dollar index (DXY), which tracks the exchange rate of a basket of six major currencies of the U.S. dollar, turned up again shortly after the European stock market fell, and has since continued to rise. U.S. stocks once rose to 93.17 in early trading, setting a new intraday high since April 1, and rising within the day. 0.3%, and then gradually gave up most of the gains.

By the close of US stocks on Tuesday, the U.S. dollar index was close to 92.95, up less than 0.1% in the day; the Bloomberg U.S. dollar spot index was almost the same as Monday’s closing level.

Bitcoin (BTC) fell below US$30,000 during the Asian market trading session, and fell below the US$30,000 mark for the first time since June 22. US stocks fell below US$29,400 in early trading, and some platforms fell below US$29,300, refreshing. The intraday low for the past four weeks has fallen by more than US$1,000 from the intraday high in the Asian market in early trading, with a percentage drop of more than 5%. US stocks are still below US$30,000 at the close, and have fallen by more than 2% in the last 24 hours.

Ethereum (ETH), the second largest cryptocurrency in market value after Bitcoin, has fallen below US$1,720 in both Asian and European stocks, setting a new intraday low since June 26 for the second consecutive day, which is earlier than the Asian market. The intraday high fell more than 6%, and the US stocks closed below $1,800, falling more than 1% in 24 hours.

According to CoinMarketCap data, mainstream cryptocurrencies continued to fall on Tuesday. By the close of U.S. stocks, Binance Coin (BNB) and Ripple (XRP), the fourth and seventh largest cryptocurrencies by market capitalization, fell more than 4% in the past 24 hours, and the 13th largest cryptocurrency Litecoin (LTC) fell nearly 4%, the fifth largest cryptocurrency Cardano (ADA) fell more than 3%, the 12th largest cryptocurrency Bitcoin Cash (BCH) fell 3%, and the eighth largest cryptocurrency Dogecoin (DOGE) Fell more than 1%.

Crude oil rose more than 1% from the trough in the past two months, natural gas hit a new high of two and a half years

International crude oil futures rebounded on Tuesday, but they have not recovered even half of Monday’s decline.

US WTI August crude oil futures closed up 1.50% at US$67.42/barrel, breaking from the low closing since May 28 this year set on Monday; Brent’s September crude oil futures closed up 1.06% at US$69.35/barrel, Monday It hit a new low since May 24 this year, and Hemei Oil both hit their biggest closing gains since last Tuesday, July 13. On Monday, U.S. Oil and Bursa Oil closed down 7.5% and 6.75%, respectively, the largest closing decline since September 8 last year and March 18 this year.

US gasoline and natural gas futures both rose. NYMEX August gasoline futures closed up 1% to $2.13 per gallon, and fell nearly 6.4% on Monday to hit a new low since May 21. NYMEX August natural gas futures closed up 2.6%, closing at nearly 3.88 US dollars per million British thermal units, rising for three consecutive days, continuing to set a new closing high since December 2018.

Lun Copper breaks out of a one-month trough, Lunxi is approaching a record high, gold ends two consecutive years, and silver hits a new low in more than three months

London base metal futures rebounded on Tuesday except for LME Zinc, which fell for two consecutive days. LME copper and LME lead ended their two-day losing streak, LME copper regained $9,300, bid farewell to the low on Monday since June 21, and evened out half of Monday’s decline, leaving LME lead out of this month’s trough. Lun Aluminum ended its four-day losing streak and got rid of a low of nearly a month. Lengxi and Lunxi rebounded, Lengxi came out of a trough in more than a week, and Lunxi was approaching the all-time high set last Friday.

New York gold futures approached US$1,826 when the US stock market set a new high on Tuesday, and rose more than 0.9% during the day. However, it turned down in the early trading and finally closed up. COMEX August gold futures closed up 0.1% at US$1811.40 per ounce, leaving Monday. The low point in the past week ended the two-day losing streak.

New York silver and platinum futures fell for three consecutive days. Silver futures closed down 0.6% and closed slightly below $25 per ounce, marking the second consecutive day the main contract closing low since April 12; platinum futures closed down 0.6%, a record Since June 21, the main contract has closed at a new low. Palladium ended its five-day losing streak and closed up 1.8%, deviating from the trough set on Monday since June 22.

Risk warning and exemption clause

Market risk, the investment need to be cautious. This article does not constitute personal investment advice, nor does it take into account the specific investment objectives, financial situation or needs of individual users. Users should consider whether any opinions, opinions or conclusions in this article are in accordance with their specific conditions. Invest accordingly at your own risk.

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