U.S. time on Thursday, the three major U.S. stock indexes all closed higher, with the Dow up 1.08%, the S&P 500 and the Nasdaq closing up 1.09% and 1.23%, respectively, and the S&P 500 and the Nasdaq both hit intraday and closing record highs. Recently, many U.S. companies have released favorable earnings reports, superimposed on the bright U.S. economic data, these factors have significantly improved the market risk appetite.
On the data front, U.S. factory orders rose 1.1% in December last year, higher than the market's expected growth of 0.7%. Economists believe that the continued expansion of the U.S. manufacturing sector is due to the fact that in the midst of the epidemic, about 24% of the workforce is working from home, which has greatly boosted demand for furniture and electronics. Another data showed that the number of first-time jobless claims in the United States last week was 779,000, lower than market expectations, and recorded a decline for three consecutive weeks, the analysis believes that after the decline in the rate of transmission of the new coronavirus in the U.S., corporate layoffs have also begun to slow down, the U.S. labor market is slowly recovering.
After Wednesday's rebound, the game stage as a representative of the "retail group of stocks" generally fell sharply on Thursday, of which the game stage plummeted 42%, at $ 53.5. U.S. media said the current retail trading boom seems to be shifting toward the shares of smaller companies, especially small pharmaceutical developers. (Reuters Zhang Yuhao)
Reprinted with credit to CCTV Finance
(Editor Yu Ding)