In the early morning of the 22nd Beijing time, U. S. stocks closed mixed on Friday, with the fall in Bitcoin dragging down technology stocks and the Nasdaq. S & P indexRecorded a decline for the second week in a row. Investors are weighing the economic recovery, rising inflation and their impact on Fed policy. China has warned it will crack down on mining and trading of Bitcoin, causing Bitcoin to tumble again.
The Dow rose 123.69 points, or 0.36%, to 34207.84; the Nasdaq fell 64.75 points, or 0.48%, to 13470.99; and the S & P 500 fell 3.26 points, or 0.08%, to 4155.86.
This week, the Dow is down 0.5%, the S & P 500 is down 0.4%, and the Nasdaq is up 0.3%.
The cryptocurrency fell as a result of China's warning on Friday that it would crack down on Bitcoin mining and trading, with Bitcoin falling below $38000 and Etay Fang below $2500. China's Finance Commission announced on Friday that it would crack down on bitcoin mining and trading and resolutely guard against the transmission of individual risks to the social sector. The news sent cryptocurrency stocks such as Coinbase and MicroStrategy lower.
Tesla, the champion of US stock turnover on Friday.It fell 1% to $16.13 billion. Musk said Tesla is about to start business in Russia and is considering building factories there, while not ruling out doing business in Kazakhstan and other CIS countries. In addition, Tesla announced that the starting prices of the three models will be increased by $500.
The second runner-up, Yingweida, closed 2.6% higher with a turnover of US $10.06 billion. Nvidia announced that it would carry out a "one-to-four" split to make the shares more accessible to investors and employees.
BabaIt ranked sixth in today's turnover, and the stock closed down 2.7% to $4.76 billion. Alibaba's Hong Kong shares are reported to have increased their weighting in the Hang Seng index to 7.33 per cent from 5.59 per cent.
Boeing ranked 9th in turnoverThe company closed 3.2% higher, with a turnover of $3.79 billion. Boeing executives are said to have discussed plans to increase the monthly production capacity of 737 Max jets to 42 by the end of 2022.
Ford Motor ranked 13th in turnoverIt rose 7% to $2.62 billion. Fukuda announced on Thursday that it had scheduled more than 20,000 orders for its new Fmuri 150 electric pickup truck. Prior to this, on May 18, local time, US President Joe Biden promoted the electric vehicle support program on a test track in Michigan and personally test-drove Ford's new electric pickup truck, Fmur150.
Annovis Bio, 15th in turnover, rose 127.3% to $2.5679 billion, compared with a market capitalization of $416.8 million. The company's latest trial data on experimental drugs to treat Alzheimer's and Parkinson's disease sparked investor enthusiasm and boosted its share price. The biopharmaceutical company announced that test results showed that patients who received a 25-day course of its experimental drugs showed cognitive improvement.
The following are the 20 most actively traded stocks of the day (screenshot by turnover): (from Sina Finance APP quotes-US stocks-more data on the left side of the market sector)Download Sina Finance APP
