In the early morning of the 15th Beijing time, US stocks closed mixed on Wednesday. Investors are evaluating a new round of corporate earnings and PPI inflation data. Federal Reserve Chairman Colin Powell said the central bank will keep loose monetary policy unchanged. The Federal Reserve's beige book believes that the US economy continues to recover.
The Dow was up 44.44 points, or 0.13%, at 34933.23; the Nasdaq was down 32.70 points, or 0.22%, at 14644.95; and the S & P 500 was up 5.09, or 0.12%, at 4374.30.
The S & P 500 rose as high as 4393.68 on Wednesday, an all-time high.
Federal Reserve Chairman Colin Powell testified before the U.S. House of Representatives Financial Services Committee on Wednesday. In a pre-released affidavit, Powell said the Federal Open Market Committee (FOMC) would continue to debate bond purchases at its meeting.
Powell said that even QualcommThe inflation continues, but the Fed is not expected to act anytime soon. The Fed can still wait before it starts to scale back its bond purchases.
Diane Swonk, chief economist at Grant Thornton, said: "the market is well adapted to the argument that interest rates will remain low for longer. The truth is that the Fed has to deal with the actual situation. "
Apple, the champion of US stock turnover on Wednesday.The company closed 2.45% higher at $149.21, an all-time high. The stock traded at $18.3 billion, with a market capitalization of $2.49 trillion.
Apple has reportedly asked suppliers to increase production of the new iPhone by 20 per cent. JPMorgan ChaseAdd the tech giant's shares to the watch list, raise its share price target, and predict that the stock will rise another 20% from its current level.
No. 2 TeslaIt closed down 2.27% to $14.32 billion. Tesla CEO Musk revealed in court on Monday that Tesla Powerwall's demand for household energy storage batteries is about 80, 000, but the company's production this quarter is less than half that number. Mr Musk said that in a "best-case scenario", Tesla would produce 30, 000 to 35000 units this quarter, blaming a shortage of chips.
In sixth place, the AMC cinema chain closed down 15%, with a turnover of US $4.79 billion. Today's WSB hot concept plate fell collectively.
Baba No. 8The closing price was 0.95% higher, and the transaction was 4.14 billion US dollars. Alibaba and Tencent are said to be considering opening up their ecosystems to each other.
No. 9 Bank of AmericaIt closed down 2.5% to $4.05 billion. BofA's second-quarter revenue fell 4% from a year earlier, falling short of market expectations.
The 15th Wei LaiThe car company closed down 4.25% on a turnover of $2.46 billion. Today, the new forces of car-building in Chinese stocks generally closed down.
No. 19 Wells FargoIt closed 4% higher, with a deal of $2.19 billion. The company's second-quarter revenue and net profit were better than market expectations. The company CEO says the bank has made significant progress on "most of its indicators".
The following are the 20 most actively traded stocks of the day (by turnover):
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