The bright financial report of Facebook’s parent company Meta boosted the market sentiment and eased the market’s anxiety about the unexpected contraction of US economic growth in the first quarter. Technology stocks ushered in a strong rebound on Thursday (28th), and the four major indexes With momentum, the S&P surged 2.47%, the Nasdaq surged 3.06%, the best single-day performance in a month, and TSMC’s ADR surged 5.50%, leading Fei Ban to surge more than 5.5%.
In terms of data, the U.S. Department of Commerce announced that the quarterly GDP growth rate in the first quarter was negative 1.4%, which was significantly lower than the expected increase of 1% and far worse than the 6.9% growth in the fourth quarter of last year. than expected. U.S. President Biden stated in a statement that the U.S. economic contraction was affected by technical factors, reflecting that the U.S. economy was disrupted by the resurgence of the new crown epidemic, worsening inflation and the Ukraine-Russia war.
In terms of political and economic news, Russia suspended the delivery of natural gas to Poland and Bulgaria, the European energy crisis escalated, Germany no longer opposed the total ban on the import of Russian crude oil, and Germany and Greece prepared to send more natural gas to Poland and Bulgaria.
The U.S. House of Representatives passed the Ukrainian Reconstruction Asset Seizure Act by a vote of 417 to 8, urging the Biden administration to sell properties frozen by Russian oligarchs due to sanctions and use the funds to provide additional military and humanitarian aid to Ukraine.
In terms of the United States and China, U.S. Treasury Secretary Janet Yellen has released a message that it is considering lowering retaliatory tariffs on China in order to reduce inflation, which has hit a record high in the United States in four decades. Gao Feng, a spokesman for the Chinese Ministry of Commerce, responded that the economic and trade teams of the two sides maintain normal communication. China always believes that the unilateral tariff increase by the United States is not conducive to China and the United States, and it is not conducive to the world. Benefit.
The global epidemic of new coronary pneumonia (COVID-19) continues to spread. Before the deadline, data from Johns Hopkins University in the United States pointed out that the number of confirmed cases worldwide has exceeded 512 million, and the number of deaths has exceeded 6.23 million. More than 11.5 billion vaccine doses have been administered in 184 countries worldwide.
The performance of the four major U.S. stock indexes on Thursday (28th):
Focus stocks
The five kings of science and technology are the most crazy with Meta. Apple (AAPL-US) rose 4.52%; Meta (formerly Facebook) (FB-US) surged 17.59%; Alphabet (GOOGL-US) rose 3.70%; Amazon (AMZN-US) rose 4.65%; Microsoft (MSFT-US) rose 4.65%; US) rose 2.26%.
More than half of the Dow’s components ended in the red. Salesforce (CRM-US) rose 6.33%; Merck (MRK-US) rose 4.94%; Nike (NKE-US) rose 4.79%; Chevron (CVX-US) rose 3.55%; Amgen (AMGN-US) Down 4.28%.
Half of the constituents rose more than 3%. AMD (AMD-US) rose 5.57%; NVIDIA (NVDA-US) rose 7.42%; Qualcomm (QCOM-US) rose 9.69%; Intel (INTC-US) rose 3.58%; Applied Materials (AMAT-US) rose 5.35%; Micron (MU-US) rose 5.58%; Texas Instruments (TXN-US) rose 3.81%.
Taiwan stock ADR only Chunghwa Telecom closed black. TSMC ADR (TSM-US) surged 5.50%; ASE ADR (ASX-US) surged 11.40%; UMC ADR (UMC-US) surged 7.75%; Chunghwa Telecom ADR (CHT-US) fell 0.34%.
Continually updated
The figures are updated before the deadline, please refer to the actual quotation.
