arkanoidgame| U.S. stocks close: The three major indexes collectively refreshed, Gao Ultramicro Computer and Nvidia broke out together

Financial Associated Press, May 16 (Editor Zhao Hao) on Wednesday (May 15), US stocks opened high, and the three major indexes closed collectively at a new all-time high.

By the close, the Dow was up 0.88% at 39.Arkanoidgame, 908.00 pointsArkanoidgameThe S & P 500 index rose 1.17% to 5.ArkanoidgameAt 308.15 points, it broke the 5300 mark for the first time, both of which refreshed the all-time high at the end of March.

The Nasdaq composite index rose 1.40% to 16742.39, closing at a new high for the second day in a row.

In 2024, this is the 23rd closing record for the S & P 500, the 18th for the Dow and the eighth for the Nasdaq. Year-to-date, the Nasdaq is up 11.53%, the S & P 500 is up 11.29%, and the Dow is up 5.89%.

Pre-market data showed that US CPI rose 3.4 per cent in April from a year earlier, while the core indicator rose 3.6 per cent, slowing for the first time in six months. At the same time, retail sales in April were nearly the same as in March, well below the market's previous forecast of 0.4 per cent growth.

Both reports boosted the Fed's expectations of a recent rate cut: the market expects the bank to cut interest rates for the first time in September by 75.3 per cent, compared with 65.1 per cent the previous day, according to the Fed Watch tool. Yields on two-year Treasuries, which are most sensitive to central bank interest rates, also closed at nearly one-and-a-half-month lows.

Brian Nick, senior investment strategist at Macro Institute, said the market wanted the reports to be weak.ArkanoidgameThey did get the results they wanted to see. He added that the data reinforced the case for the Fed to start cutting interest rates this year, and that many high-growth companies, such as Nvidia, would benefit from lower interest rates.

Performance of hot stocks

Most large technology stocks rose, with Microsoft up 1.75%, Apple up 1.22%, Nvidia up 3.58%, Google C up 1.13%, Amazon down 0.58%, Meta up 2.05% and Tesla down 2.01%.

The computer hardware sector rose strongly, with ultra-minicomputers up 15.81%, leading S & P stocks up and Dell Technologies up 11.21%.

The recent strength of the two major "retail investors group stocks" showed a significant correction, the game station fell 18.87% AMC cinema line fell 20%.

In terms of Chinese stocks, the Nasdaq China Golden Dragon Index rose 0.03% to 6786.12 points.

Hot Chinese stocks are up and down. Iqiyi is up 6.61%, Tencent Music is up 4.77%, pinduoduo is up 1.88%, Alibaba is up 1.86%, Baidu is up 1.22%, JD.com is up 0.81%, New Oriental is down 1.56%, and ideal car is down 1.82%. Good Future is down 3.39%, Xiaopeng is down 3.50%, and Weilai is down 7.94%.

Company news

[Amazon AWS plans to invest 7.8 billion euros to build AWS European sovereign cloud]

Amazon Web Services (AWS) announced plans to invest 7.8 billion euros in Germany to build an AWS European sovereign cloud by 2040. It is estimated that by 2040, AWS's planned investment will contribute 17.2 billion euros to Germany's gross domestic product (GDP) and provide an average of 2800 full-time jobs for local companies each year. These jobs, including construction, facility maintenance, engineering, telecommunications and other jobs in the local economy, are part of the AWS data center supply chain.

[Netflix is close to reaching a broadcast agreement with NFL]

Netflix is finalising a deal to gain exclusive rights to broadcast two NFL games during the Christmas season, an important step for the streaming service in live programming. If a deal is reached, it will mark the first time that Netflix has won the right to broadcast top sporting events around the world.

[Anthropic hires Mike Krieger, co-founder of Instagram, as product director]

Artificial intelligence (AI) startup Anthropic hired Mike Krieger, co-founder of Zuckerberg's social media platform Instagram, as product director. Previously, Krieger served as Chief Science and Technology Officer (CTO) at Instagram.

[Cisco: data Center orders are growing]

Cisco said quarterly orders grew by 4% and remained flat excluding Splunk; data center orders increased; and installation of customer backlog orders will be completed by July.

[Buffett sold 116 million shares of Apple Jiancang Anda Insurance in the first quarter]

According to the 13F u.s. stock position filing submitted by Buffett's Berkshire Hathaway, Berkshire increased its stake in western oil by 4.3 million shares in the first quarter, liquidated its position in hp, reduced its holdings in apple by 116 million shares, reduced its position to 40%, and bought 25.92 million shares in Jiancang Anda insurance. At the end of Q1, Berkshire's position had a total market capitalization of $332 billion, and its Apple stock was worth $135.4 billion (as previously announced at the shareholder meeting).

Tags:

Prev: crashnitrokartgamecube| Zhang Xiaoquan (301055.SZ): Shareholder Jin Yan plans to reduce her shareholding by no more than 0.77%
Next: cryptoactivision| New quality productivity and financial power rush in both directions