US stocks fell: Nasdaq fell more than 2%, technology stocks fell sharply |



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Summary

On Thursday ET, the three major US stock indices collectively fell. As of press time, the Nasdaq fell 2.53%, the S&P 500 fell 1.75% and the Dow 1.16%. In the news, the 10-year US Treasury yield reached the highest level since February 2020, and the 5-year US Treasury yield increased by 15 basis points in a day. Tech stocks fell sharply. Nvidia fell more than 7%, Tesla fell more than 6%, ASM, Applied Materials, Kerei, AMD fell more than 4%, Apple, Amazon, Netflix, Facebook, Google, Qualcomm, Intel Both fell more than 2%.


On Thursday ET, the three major US stock indices collectively fell. As of press time, the Nasdaq fell 2.53%, the S&P 500 fell 1.75% and the Dow 1.16%. In the news, the 10-year US Treasury yield reached the highest level since February 2020, and the 5-year US Treasury yield rose 15 basis points by one day.

Tech stocks fell dramatically,NvidiaIt fell more than 7%,TeslaIt fell more than 6%,AsmerApplied MaterialsKelei, AMD both fell more than 4%,AppleAmazonNetflix, Facebook, Google,QualcommIntelBoth fell more than 2%.

The following is a summary of important information in the global market:

  Global macro

  The alarm bell rings! US Treasury Yields Soar, US Stocks Collapse, Will Stock Bubble Burst?

On Thursday (February 25), the yield on US 10-year Treasuries surpassed 1.6% at one point, reaching its highest level in more than a year.interest rateThe hit to the tech industry is often particularly severe because the industry relies onborrowBorrowing for high growth and small changes in performance can lead to liquidation of benefits.

  Powell: It may take the United States three years to reach its inflation target. Vice President: The downside risks to the US economy have been reduced.

US Federal Reserve Chairman Powell attended the House of Representatives hearing for the second day in a row. The Federal Reserve expects the consumer price index to not rise to 2% in the next three years, but it still believes that the United States will achieve its inflation. target.

Powell emphasized that the Fed wants inflation expectations to be anchored at 2%, not below 2%.

  India’s central bank will conduct 300 billion rupee government bond trading operations on March 4

The Central Bank of India announced on the 24th that the central bankOpen marketRs 3 billion governmentLinkBusiness Operation: While you are selling 150 billion rupees in government bonds, buy another 150 billion rupees in government bonds.

Compared to previous similar operations which generally put the total amount at 200 billion rupees, the Bank of IndiaCommercial powerIncrease significantly.

  Germany’s GDP grew by 0.3% in the fourth quarter of last year

Data released by the German Federal Statistical Office on the 24th showed that afterprice, Seasons and working days adjusted, fourth quarter of last year in GermanyGDP(GDP) A 0.3% month-on-month increase.

The data shows that after the adjustment, German foreign trade and the construction industryFixed capitalThe formation of the total ring-to-month increase has played a supporting role in the economy. However, affected by the new lockdown measures of the corona epidemic, household consumption expenditures, government expenditures and total fixed capital formation of machinery and equipment have decreased compared to the previous month. it’s from the seasonYear with yearA decrease of 3.7%.

  Turkey hopes to continue cooperating with China in the process of economic globalization.

Daleoglu, director of the Investment Office of Turkey’s Presidential Palace, praised China’s economic contribution to global economic growth on February 24 local time.Changheinternational tradeMake important contributions and hope to continue to cooperate closely with China in the process of economic globalization.

In an exclusive interview with a based journalist, Daleoglu said that due to increased trade protectionism and the new corona pneumonia epidemic, the current world economy is going through a difficult period. Trade closure and protectionism cannot overcome the current difficulties facing the world economy. Only strengthening dialogue and cooperation is the right option. He hoped for closer cooperation between Turkey and China in the process of economic globalization.

  About 20% of Internet cafes in South Korea close their doors to search for bitcoins: mining for 15 hours a day can generate a profit of 1 million

According to CCTV Finance, with the virtualbadgeThe market remains bullish, and many cyber cafes in South Korea that have been hit hard by the epidemic have recently turned to “mining,” that is, using computers equipped with high-performance graphics cards in cyber cafes to obtain a certain amount of virtual currency based on specific algorithm programs. Take as an example a South Korean cyber cafe with 200 computers. Mining 15 hours a day can generate a profit of at least 1 million won, which is approximatelyRMB5,800 yuan, much more than the usual operating income of many Internet cafes. According to the industry, about 20% of Internet cafes in South Korea have moved to mining operations.

  US stocks in focus

  Since February 25, the US Securities Regulatory Commission reduced its rates to 0.00051%

On February 25, Capital State learned that, effective February 25, the US Securities Regulatory Commission fee (charged only for sell orders) will be reduced from 0.00221% to 0.00051%.

According to the U.S. Securities and Exchange Commission (SEC)adAs of February 25 local time, the US Securities Regulatory Commission fee (charged only for sell orders) will be reduced from 0.00221% to 0.00051%, a decrease from 76.92%.

  The roar of reinflation causes the blood of the Treasury market to flow into a river and the institutions of Wall Street to flee

The high performance prompted HSBC to reconsider its original strategy, despite the bank’s global situation.fixed rentResearch leader Steven Major has long beeninterest rateThe panorama of the times has been verified over the years. Major said in an interview that we were surprised by the magnitude of the rate of change, which was a test of our beliefs; previously, it dropped its recommendation to buy 30-year US Treasuries, although it was still generally bullish before the end. of the year.

  US stocksthe company

  Microsoft Released Three Industry Cloud Products Involving Financial, Manufacturing and Nonprofit Organizations

February 25, news,MicrosoftThe launch of three new clouds suitable for specific industries was announced.product. at the same time,MicrosoftAlso announcedMicrosoftThe first update of Microsoft Cloud for Healthcare, and it was announced that Microsoft Cloud for Retail, which was launched at NRF in January of this year, will open in March of this year.publicAdvance.

  General Motors: The current “core shortage” problem still exists and normal production is expected in the second half of the year

Wednesday afternoon Eastern timeGeneral motorsChief Financial Officer Paul Jacobson (Paul Jacobson) at Wolfe ResearchmeetingShang said the global chip shortage is beginning to improve.General motorsNormal production is expected to resume in the second half of this year.

  Station B Announces Fourth Quarter 2020 and Full Year Financial Report: Total Revenue 12 Billion Yuan

Station B announced the unaudited financial report for the fourth quarter and full year as of December 31, 2020. The report shows that the total revenue of Station B in fiscal year 2020 will reach RMB 12 billion; monthly active users will reach 202 million in the fourth quarter.

  New record! Ali dropped by 570 billion bridge water, but Goldman Sachs increased its position

The sales record of US listed companies was broken by Chinese concept stocks. In the fourth quarter of last year,AlibabaMultiplebackgroundHoldings of 100 million shares were reduced and the scale of the sell-off reached 570 billion, setting an all-time high.

But water bridgeGoldman sachsBut inAdd warehouseAIAOver weightAlibabaThe range is 1600%.

(Article source:Oriental wealthResearch Center)

(Editor in charge: DF372)

I solemnly declare: The purpose of this information disclosed by Oriental Fortune.com is to spread more information and has nothing to do with this booth.

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