On Tuesday Eastern Time, the three major US stock indices collectively closed down, with the Nasdaq falling more than 2% at one point during trading. As of the close, the Dow Jones Industrial Average fell 0.41%, the Nasdaq fell 1.53%, and the S&P 500 index fell 0.93%.
Popular technology stocks have generally fallen, with Nvidia and Intel falling more than 3%, and Apple, Microsoft, Broadcom, Qualcomm, and AMD falling more than 2%. Semiconductors and consumer electronics fell the most, with Nano Microelectronics falling over 6%, Arm falling over 4%, NXP falling over 3%, and Koleos falling over 2%. The oil and gas sector rose, with US energy up over 13%, Apache oil up over 4%, and Western oil and ConocoPhillips oil up over 3%.
The Nasdaq China Golden Dragon Index closed up 5.48%, with popular Chinese concept stocks surging. Bilibili rose over 14%, Ideal Auto rose over 11%, Pinduoduo rose over 8%, JD.com rose over 7%, and Xiaopeng Motors and NIO rose over 5%.
Affected by the situation in the Middle East, international crude oil prices have risen by over 5% at their highest. Spot gold broke through $2670/ounce during trading, with a intraday high of over 1%.
Global News
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