On Tuesday Eastern Time, the three major US stock indexes closed with mixed gains and losses. As of the close, the Dow Jones Industrial Average fell 0.31%, the Nasdaq rose 0.88%, and the S&P 500 index rose 0.27%. Among them, the Nasdaq and the S&P 500 index both hit historic closing highs.
Large tech stocks rose across the board, with Apple up 7.26% and its stock price reaching a historic high. Its market value surged overnight by $214.2 billion (approximately RMB 1.56 trillion), with a total market value of $3.176 trillion.
According to the news, the Federal Reserve will hold a two-day monetary policy meeting starting from Tuesday local time, and will make interest rate policy decisions on Wednesday. Investors generally predict that the Federal Reserve will keep interest rates unchanged.
The Nasdaq and S&P 500 index continue to reach new highs
On Tuesday Eastern Time, the three major US stock indexes closed with mixed gains and losses, with the Nasdaq and S&P 500 continuing to hit new closing highs. The Dow Jones Industrial Average closed down 120.62 points, a decrease of 0.31%, at 38747.42 points; The Nasdaq rose 151.02 points, or 0.88%, to 17343.55 points; The S&P 500 index rose 14.53 points, or 0.27%, to 5375.32 points.
Large tech stocks rose across the board, with Apple up 7.26% and its stock price reaching a historic high. Amazon rose 0.09%, Netflix rose 0.63%, Google rose 0.92%, Facebook rose 0.97%, and Microsoft rose 1.12%.
Bank stocks fell across the board, with JPMorgan Chase down 2.59%, Goldman Sachs down 2.05%, Citigroup down 3.68%, Morgan Stanley down 1.03%, Bank of America down 2.02%, and Wells Fargo down 1.36%.
Aviation stocks collectively fell, with Boeing down 2.44%, American Airlines down 1.83%, Delta Air Lines down 2.38%, Southwest Airlines down 5.59%, and United Airlines down 1.85%.
The rise and fall of chip stocks were mixed, with Gexin up 1.57%, Broadcom up 1.43%, Maywell Technology up 1.34%, Qualcomm down 0.4%, Asma down 0.55%, Nvidia down 0.71%, Chaowei Semiconductor down 0.86%, and TSMC down 1.4%.
Popular Chinese concept stocks generally fell, with Xiaopeng Automobile and NIO falling more than 3%, iQiyi falling more than 2%, Ideal Automobile, Bilibili, Alibaba, Baidu, NetEase, and Pinduoduo falling more than 1%, while Vipshop, Weibo, JD.com, and Futu Holdings fell slightly. Tencent Music saw a slight increase.
In terms of international oil prices, the futures price of light crude oil for July delivery on the New York Mercantile Exchange increased by 16 cents, closing at $77.90 per barrel, a 0.21% increase; The London Brent crude oil futures for delivery in August rose 28 cents to close at $81.92 per barrel, an increase of 0.36%.
In terms of precious metals, as of press release, COMEX gold futures rose 0.24% to $2332.5 per ounce, while COMEX silver futures fell 1.87% to $29.32 per ounce.
Witnessing history again! Apple's record high
After the opening of the US stock market on Tuesday, Apple boldly pulled out a bullish candlestick of over 7%, breaking through the historical high set in mid December last year and hitting the first historical high of the consumer electronics giant this year.
On the news front, on June 10th local time, Apple's highly anticipated World Developers Conference (WWDC) kicked off. At the conference, Apple launched the Apple Intelligence system. This system integrates the powerful functions of generative artificial intelligence and can be applied across platforms and programs to products such as Apple phones, tablets, and computers.
Apple defines Apple Intelligence as a personal intelligence system for iPhone, iPad, and Mac, utilizing the capabilities of Apple chips to understand and create language and images. Apple stated that its intelligence is deeply integrated with iOS 18, iPadOS 18, and macOS Sequoia, and can flexibly adjust data processing between personal devices and server-based models.
Apple claims that with the support of Apple Intelligence, Siri will have richer language comprehension abilities, more natural, contextual, and personalized responses. When communicating with Siri, users can switch between text and voice at will.
At the same time, Apple officially announced a partnership with OpenAI. Apple will connect to ChatGPT, allowing users to use it for free without having to associate an account. The specific scenario is that when the user's question exceeds Siri's ability range, Siri will pop up a request and obtain the user's permission to seek the answer to ChatGPT.
"We hope that users can use these external models without having to switch between different tools. Collaborating with OpenAI will enable Apple users to use ChatGPT solely through Siri without paying any additional fees," said Craig Federidge when introducing ChatGPT integration.
Apple has stated that it plans to integrate ChatGPT into its system platform (iOS 18, iPadOS 18, and macOS Sequoia) later this year, with support from GPT-4o. Users can access it for free without creating an account, and the answer can be displayed directly through Siri. Before sending any questions, documents or photos to ChatGPT, the user's consent will be obtained.
OpenAI CEO Ultraman also attended Apple's global developer conference and stated on social media that he is "very happy" to collaborate with Apple.