Netease Technology News, October 12 news, according to foreign media reports, after the US stock market on Wednesday, after a large-scale sell-off, US stocks fell sharply again on Thursday. The Dow Jones Industrial Average fell nearly 700 points. It rebounded later in the afternoon, but fell 546 points at the close, a drop of more than 2%. Technology stocks were relatively strong, closing down 1.3%, with the worst performance among FANG stocks in the previous period. Facebook's share price was eye-catching and rose 1.3% at the close.
In just two days, the Dow Jones Industrial Average fell 1378 points. In contrast, the S&P 500 index fell 2% on the day. The Nasdaq index fell 1.25%.
The Federal Reserve Board has been gradually raising interest rates to less irritating levels. Investors are worried that the Fed may now raise the rate of interest rate hikes to prevent inflation from rising due to rising wages.
But the government inflation report released on Thursday showed that the consumer price index rose slightly less than expected in September. The core consumer price index rose only 0.1%. Berkeley Capital Markets analyst Mickey & Middot; Mickey Levy said: “Although the market is clearly worried that inflation is about to accelerate, recent producer, consumer and import price data indicate that After the stock market accelerated earlier this year, inflationary pressures eased. ”
The worst-performing Facebook stock in the FANG stock market on Thursday was eye-catching, with only half an hour down and a 1.3% gain at the close, showing the relative strength of technology stocks.
Among the S&P 500's, the list of communications and technology stocks is currently down by 0.8% and 1.3%, respectively. Technology stocks such as Snap, Twitter and AMD closed up.
Google's parent company Alphabet's share price did not change on Thursday, slightly down 0.18%; Apple fell 0.9%, Netflix and Amazon fell 1.5% and 2%, respectively.
In the recent large-scale selling of US stocks, technology stocks are the biggest losers. On Wednesday, Netflix fell more than 8%, Amazon fell 6%, and both Apple and Google fell more than 4.5%. Many technology stocks are falling from historical highs. But Netflix, which has recently fallen sharply, has risen nearly 70% this year.
The China stocks closed mixedly: Tiger Tooth closed up 5.32%, Jingdong closed up 3.39%, Alibaba closed up 2.61%, interesting headline closed up 2.55%, and spelled up 2.41%, 哔哩哔哩 (B station) Closed up 2.17%, Baidu closed up 1.93%, Momo closed up 1.28%, iQiyi closed up 1.1%, Sina closed down 0.29%, Huami closed down 0.88%, Tencent powder list closed down 0.99%, Wei Bo closed down 1.2% and Weilai Motor closed down 7.35%. (晗冰)