Wall Street continued to pay attention to the situation in Ukraine and Russia on Friday (25th), the United States and Europe announced that they had reached a liquefied natural gas agreement, U.S. bond yields continued to rise, U.S. stocks opened mixed, and news of an attack on Saudi oil depots came out during the intraday period, and oil prices heard the news. Stopped the fall and rebounded, Chinese stocks fell and fell endlessly. In the late session, bargain-hunting buying orders poured out, and the four major indexes were mixed at the end.
The three major indexes engulfed in red for the week, and the S&P rose 1.8% this week.that fingerup 2% weekly,Dow JonesIt rose 0.3% for the week.
Political and economic news, Russian President Vladimir Putin ordered “unfriendly countries” to buy natural gas in rubles, and many EU countries said they would not accept it. In order to reduce Europe’s dependence on Russian energy, the United States and Europe reached an agreement on Friday that the United States will provide more “liquefied natural gas” to the European Union. By the end of this year, the United States will supply the European Union with at least 15 billion cubic meters of liquefied natural gas, and it is expected that there will be more in the future. Increase.
The Group of Seven (G7) issued a joint statement on Friday, warning Russia not to attack Ukraine with biological, chemical and nuclear weapons, otherwise it will spare no effort to hold Putin accountable.
In addition to the Ukrainian-Russian war, the situation in the Middle East is also volatile, with the Yemeni Houthi rebels attacking oil facilities in the Saudi port of Jeddah with drones and missiles on Friday, prompting a surge in international oil prices on Friday. Energy stocks led the gains.
In recent months, the Houthis have frequently attacked, and Saudi Arabia is worried that this may lead to the interruption of oil supply in the global market. The market is rumored that the Biden administration is considering releasing the strategic reserve oil (SPR) again, which may exceed 30 million barrels at the beginning of this month.
Amid the energy crisis, U.S. Treasury Secretary Janet Yellen said on Friday that the U.S. economy is expected to remain resilient, even as higher energy and commodity prices due to the Ukraine-Russian war will weigh on global growth prospects.
The market continued to pay attention to the speech of the Fed officials. John Williams, president of the New York Fed and FOMC voter, said the Fed may need to raise rates more aggressively in response to high inflation, and a 2-yard rate hike would be an option.
Before the deadline, according to data from Johns Hopkins University in the United States, the number of confirmed cases worldwide has exceeded 478 million, and the number of deaths has exceeded 6.11 million. More than 11.1 billion vaccine doses have been administered in 184 countries worldwide.
The performance of the four major U.S. stock indexes on Friday (25th):
Focus stocks
The five kings of technology rose slightly. Apple (AAPL-US) rose 0.37%; Meta (formerly Facebook) (FB-US) rose 1.02 percent; Alphabet (GOOGL-US) rose 0.071%; Amazon (AMZN-US) rose 0.15%; Microsoft (MSFT-US) rose 0.69%.
Dow JonesConstituent stocks received more dividends. traveller (TRV-US) rose 1.92 percent; Chevron (CVX-US) rose 1.81 percent; IBM (IBM-US) rose 1.62%; Honeywell (HON-US) rose 1.59%. The Home Depot (HD-US) fell 1.61%.
half feeMore than half of the constituents closed in the dark. Nvidia (NVDA-US) fell 1.63%; Micron (MU-US) fell 0.14%; Applied Materials (AMAT-US) fell 1.10%; Qualcomm (QCOM-US) fell 0.31%; Intel (INTC-US) rose 0.41%; AMD (AMD-US) fell 0.71%.
Taiwan stock ADR mixed up and down. TSMC ADR (TSM-US) fell 1.10%; ASE ADR (ASX-US) fell 1.20%; UMC ADR (UMC-US) rose 0.43%; Chunghwa Telecom ADR (CHT US) rose 0.70%.
Corporate News
Tesla (TSLA-US) fell 0.32 percent to $1,010.64 a share, holding on to the $1,000 mark. The National Highway Traffic Safety Administration (NHTSA) said Tesla is recalling 947 vehicles in the U.S. because rear-view images may not be displayed immediately when starting to reverse.
Boeing (BA-US) edged down 0.032% to $188.95 a share. The U.S. Federal Aviation Administration (FAA) sent a letter to Boeing this week warning it may not be able to obtain safety certification for the 737 MAX 10 before the end of the year, and that if the model fails to get certified, it will not be able to enter passenger service.
Qualcomm (QCOM-US) fell 0.31 percent to $157.97 a share. Qualcomm and investment firm SSW Partners reached a final agreement in October last year, Qualcomm will buy SSW Partners’ Swedish auto technology group Veoneer at a price of $37 per share, and the transaction will be completed on April 1. Qualcomm will acquire Arriver, Veoneer’s autonomous driving software business, through its acquisition of Veoneer.
Economic data
- The final value of the U.S. Michigan consumer confidence index in March was 59.4, expected to be 59.7, and the previous value of 59.7
- US February existing home sales index reported a monthly rate of -4.1%, expected 1%, the previous value -5.7%
Wall Street Analysis
Citigroup economists raised their forecasts for the Federal Reserve to raise interest rates this year, expecting the Fed to raise rates by 50 basis points at each of its four consecutive meetings amid continued pressure from high inflation.
Despite a hawkish Federal Reserve and concerns about stagnant inflation, stocks have rallied recently because many see stocks as the only option, said Mark Haefele, chief investment officer at UBS Global Wealth Management.
Yung-Yu Ma, chief investment strategist at BMO Wealth Management, said:10-Year U.S. Treasury YieldThe rise came as investors’ confidence in economic growth did not collapse, giving stocks a slight boost as this was the market’s most immediate concern over the impact of the Russian-Ukrainian war.
(The figures are updated before the deadline, please refer to the actual quotation)