June 4 Market Review

On Thursday, as unemployment data and "small non-farmers" showed further evidence of the rapid recovery of the US economy, the three major stock indexes fell collectively, the Dow fell slightly, the Nasdaq fell more than 1%, the S & P 500 fell 0.36%, and WSB concept stocks weakened, and AMC cinema, EXPRESS, 3B Home furnishings and others all recorded double-digit declines.

The Hang Seng Index opened low and closed low, down 0.17%, new economic stocks fell back again, car stocks rose against the trend, Geely Motor and Great Wall Motor rose more than 6%, Meituan and Xiaomi fell more than 1%.

Before the US stock market: the futures index fluctuates in a narrow range.

The US stock index fluctuated in a narrow range in the early days of the day, as of press time.$Dow Jones Index main Line (2106) (YMmain.US) $跌0.07%，$S & P 500 Index main Link (2106) (ESmain.US) $涨0.05%，Nasdaq 100 Index main Link (2106) (NQmain.US) $涨0.13%。

Performance of major ETF products in Hong Kong stocks

• The Hang Seng Index fell 0.17%, while the South double bearish Hang Seng Index rose 0.1%.

New economic stocks pulled back again, auto stocks rose against the trend, and the Hang Seng Index fell 0.17%.South double bearish Hang Seng Index (07500.HK) $Up 0.1%, the turnover reached HK $217 millionSouth double bearish Hang Seng Index (07300.HK) $The turnover increased by 0.05% to HK $4.58 million.South double bullish Hang Seng Index (07200.HK) $The turnover fell 0.19% to HK $127 million.

• The Hang Seng Technology Index fell nearly 1%, while the South double short Hang Seng Technology ETF rose 1.3%.
  

New economic stocks fell back again. New Oriental online fell more than 4%, Weimeng fell more than 3%, Meituan and Xiaomi fell more than 1%, and the Hang Seng Technology Index fell nearly 1%.$South double short Hang Seng Technology (07552.HK) $Up 1.31%, the turnover reached HK $56.18 millionSouthern Hang Seng Technology (03033.HK) $The turnover fell by 0.74% to HK $162 million.

• The CSI 300 index rose 0.51%, and the CSI 300 index rose 0.88% when the South was twice as long.

The main A-share index opened low and rose high, while the CSI 300 index rose 0.51%.The South is twice as long as Shanghai and Shenzhen 300 (07233.HK) $Up 0.88%, the turnover reached HK $15.94 millionSouth double short Shanghai and Shenzhen 300 (07333.HK) $The turnover fell by 0.61% to HK $3.05 million.

• Hong Kong stock market rose by the top 10 ETF

The top 10 gains in the Hong Kong stock market today are mainly long new energy vehicle industry, short the NASDAQ and the ETF of the Hang Seng Technology Index.

Performance of major ETF products in US stocks

On Thursday, as unemployment data and "small non-farmers" further demonstrated the rapid recovery of the US economy, the three major stock indexes fell collectively, the Dow fell slightly, the Nasdaq fell more than 1%, and the S & P 500 fell 0.36% because of concerns about the Fed's faster policy adjustment.$NASDAQ triple short (SQQQ.US) $It rose by more than 3% yesterday.$S & P 500 ETF-ProShares triple short (SPXU.US) $It rose by more than 1% yesterday.$Dow ETF-Proshares triple short (SDOW.US) $It rose 0.15% yesterday.

In terms of ETF related to the listing of US stocks on the Hong Kong Stock Exchange$FI2 Warsaw one hundred (07522.HK) $The turnover increased by 1.91% to HK $5.26 million.$Huaxia Direxion double look at the 07261.HK (Donna Index) $The turnover fell by 1.93% to HK $1.08 million.

ETF performance of energy and precious metals

• The price of gold plunged nearly 2% yesterday.

COMEX gold plunged nearly 2 per cent yesterday as unemployment figures and "small non-farmers" further demonstrated the rapid recovery of the US economy on Thursday, on concerns that the Federal Reserve would adjust its policy more quickly.$Gold ETF-SPDR (GLD.US) $It fell nearly 2% yesterday.

Edward Meir, an analyst at ED&F Man Capital Markets, said, "the strength of the US dollar, coupled with the general overbuying of gold, led to a considerable sell-off in the gold market. We also got a hint from the Fed that we might start talking about the possibility of tightening. We still have a positive attitude towards gold, and if the decline continues, we will see some buying. "

• Us Oil continues its upward trend

Us Oil continued its upward trend, rising slightly by 0.4% before trading.Us crude Oil Fund (USO.US) $Rose 0.4% before trading.

Huatai Futures believes that due to Monday's Memorial Day, the release of EIA inventory data was postponed by one day. From the point of view of the data itself, it was similar to the data released by API the day before. Crude oil was removed and the extent was higher than expected, while oil products were accumulated, and total oil inventories maintained a downward trend. The current demand recovery still dominated the US market, traffic congestion index returned to 70% quantile, and the number of TSA security checks also continued to increase. At present, the operating rate of refineries has also recovered to nearly 90%. Although US demand has recovered rapidly, there is still a lot of room for the future. On the one hand, there is consumption growth brought about by the seasonal peak travel season, on the other hand, demand compensation in the post-epidemic era has also boosted consumption, and the trend of recovery in US consumption is expected to continue in the third quarter.

Other ETF manifestations

• Overnight, the US stock market rose by the top 10 ETF.

Overnight U. S. stock market gains in the top 10 ETFs mainly shorted gold mining index, gold, silver and short semiconductor industry ETF.

• AMC has fluctuated greatly recently, and the first heavyweight stock in ETF of Russell 2000 fund
  

AMC's share price has fluctuated greatly recently, rising 22% on June 1 and 96% on June 2. It fell back nearly 18% yesterday, and the cumulative increase in the past month is still more than 400%. According to Bloomberg data, US stocks closed at the end of June 2.Russell 2000 Index ETF (IWM.US) $The largest heavyweight stock.