On Monday, US time, US stocks closed up sharply across the board. US President Trump has been discharged from the hospital and returned to the White House, alleviating concerns about more political uncertainty before the US election.
In addition, investors are increasingly hopeful that members of the US Congress will reach a compromise on a new round of stimulus package. Trump’s illness and the weak employment report in the United States in September have highlighted the urgency of providing further economic assistance to the American people.
The Dow Jones Index closed at 28,148.64 points, an increase of 465.83 points, an increase of 1.68%; the Standard & Poor’s 500 Index closed at 3,408.62 points, an increase of 1.80%; the Nasdaq Composite Index closed at 11,332.49 points, an increase of 2.32%.
Specifically, in US stocks trading on Monday, leading technology stocks generally rose. Apple’s stock price closed at $116.50, an increase of 3.08% ; Google parent company Alphabet’s stock closed at $1486.02, an increase of 1.89%; Amazon closed at $3199.20, an increase of 2.37% ; Microsoft closed at 210.38 US dollars, up 2.03%; Facebook closed at 264.65 US dollars, up 1.81%; Oracle closed at 59.56 US dollars, up 1.24%; IBM closed at 122.01 US dollars, up 1.19%; Netflix closed at 520.65 US dollars , Up 3.50%; Tesla closed at 425.68 US dollars, up 2.55%; Twitter (Twitter) up 2.58%, Uber (Uber) down 1.54%; Lyft down 3.40%.
The leading chip stocks in US stocks generally rose. TSMC closed at $84.54, up 4.63%; NVIDIA closed at $545.70, up 4.44%; Intel closed at $51.69, up 1.33%; Broadcom closed at $366.10, up 2.60%; Qualcomm To close at 120.52 US dollars, up 4.37%; Texas Instruments closed at 144.08 US dollars, up 2.12%; AMD closed at 86.15 US dollars, up 5.32%; Applied Materials rose 4.11%; Micron Technology rose 2.26%.
Most of the major Chinese concept stocks listed in the United States rose. NetEase closed at US$90.62, an increase of 1.71%; Alibaba closed at US$288.27, an increase of 0.03%; JD.com closed at US$76.40, an increase of 0.39%; Baidu closed at US$124.70, an increase of 0.06. %; Pinduoduo closed at 72.07 US dollars, up 0.94%; Bilibili closed at 45.10 US dollars, up 7.89%; Good Future closed at 76.43 US dollars, up 1.00%; iQiyi closed at 23.40 US dollars, up 2.41%; follow Whoxue closed at 94.71 US dollars, up 1.73%; Weibo closed at 40.30 US dollars, up 4.54%; Sina rose 0.07%; Sohu fell 0.20%; Sogou fell 0.11%; Ctrip rose 0.68%; 51job fell 0.74%; Auto Home rose 2.10%; Jinshan Cloud rose 2.90%.
Among auto concept stocks, Weilai rose 1.94%, Ideal Motors rose 3.55%, and Xiaopeng’s share price rose 10.17% to US$20.04 due to a surge in vehicle delivery.
Trump said on Twitter on Monday afternoon that he will leave the Walter Reed National Military Medical Center at 6:30 pm Eastern Time. He then returned to the White House and took off his mask in front of the camera. Three days ago, Trump was admitted to the hospital for treatment because of the new crown virus.
US White House doctor Sean Conley said on Monday that the president’s condition had “continued to improve” in the past 24 hours, but he warned that “he may not be completely out of danger.”
Conley added that on Tuesday night US time, Trump will receive the fifth and final treatment with the antiviral drug Remdesivir at the White House.
At the same time, it is reported that the Speaker of the U.S. House of Representatives Pelosi and Secretary of the Treasury Mnuchin are pushing for a new round of fiscal stimulus bills, which may provide relief to millions of unemployed Americans and help small businesses and trapped Distressed airlines provide more funding.
Pelosi’s spokesperson Drew Hamill said on Twitter that Pelosi and Mnuchin talked for about an hour on Monday and did not reach an agreement, but plan to talk again on Tuesday.
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