In the early morning of the 1st Beijing time, US stocks closed down slightly on Tuesday, Nike IncLead the Dow down. Major stock indexes all recorded gains in August. Investors are keeping a close eye on a number of economic data this week, including the non-farm payrolls report. Both the consumer confidence index and the Chicago purchasing managers' index released on Tuesday were weak.
The Dow fell 39.11 points, or 0.11%, to 35360.73; the Nasdaq fell 6.65 points, or 0.04%, to 15259.24; and the S & P 500 fell 6.11 points, or 0.13%, to 4522.68.
Nike Inc, a member of the Dow, closed down 1.9 per cent. The company gave employees at its US headquarters a week off to help cope with work stress during COVID-19 's epidemic.
In august, the Dow rose 1.2%, the Nasdaq rose 4%, and the s & p 500 rose 2.9%. So far, the S & P 500 has risen for the seventh month in a row. Growth and technology stocks were back in favor of traders in August.
Tesla, Inc., the champion of US stock turnover on Tuesday.It closed 0.7% higher, with a deal of $14.93 billion. According to media reports, Trip Chowdhry, an analyst at global stock research firm, said Tesla, Inc. 's fourth-quarter results were expected to be "strong".
After visiting the Tesla Fremont plant, analysts pointed out that production activities at the plant had "returned to normal" and that the full operation of the factory made him "very confident" that Tesla, Inc. would achieve strong performance in the fourth quarter.
Amazon.Com Inc ranked second in turnoverIt closed 1.4% higher, with a deal of $14.72 billion. Amazon.Com Inc announced last Friday a partnership with Affirm Holdings, a US e-commerce installment service provider, to offer installment options to users for the first time and to promote them more widely in the coming months.
No. 3 Apple IncIt closed down 0.8% to $13.09 billion. It is reported that the production of Apple Inc's new generation of Apple Watch will be postponed, mainly because its design is too complex. The manufacturer of Apple Inc's watch Apple Watch 7 began small-scale production last week, but encountered challenges in mass production and engineers are working hard to solve them, the report said. It is reported that the design of the new generation of Apple Inc watches is significantly different from that of previous generations, and the new design coupled with the interference caused by the COVID-19 epidemic has affected the delivery time.
In fourth place, Zoom Video Communications Inc closed down 16.7%, with a turnover of US $10.04 billion. The company released its results for the second quarter of fiscal 2022 after trading on Monday, and expects third-quarter revenue of between $1.015 billion and $1.02 billion, slightly higher than analysts' estimates of $1.01 billion. If ZoomThe forecast for the third quarter will come true, which will be the first time that the company's revenue has shrunk.
After the announcement of the results, UBSCut the target price of the Zoom from $345 to $315. Bank of America Merrill Lynch cut its target price to $385 from $480, maintaining its buy rating.
The seventh AMC cinema chain closed 8.8% higher, with a turnover of US $5.76 billion. According to previous filings disclosed by the Securities and Exchange Commission, the US stock market may soon usher in the first ETF composed of MEE shares. AMC is one of the well-known "retail holding stocks" (also known as MEE stocks).
Baba ranked 11thIt closed 2.9% higher, with a deal of $4.1 billion.
15th Wells Fargo & CoIt closed down 5.6% to $3.37 billion. Wells Fargo & Co maintained an increase of about 1 per cent at the beginning of the session and fell sharply around 1pm US Eastern time on Tuesday.
The 19th Palantir closed 2.3% higher, with a transaction of $2.37 billion. Palantir is also one of the well-known MEE units.
The following are the 20 most actively traded stocks of the day (by turnover):
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