More than 2900 US stocks declined, Apache Oil rose over 5%, Microsoft fell 2.77%, Google fell 2.25%, Amazon fell over 1%.

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Reporter ****** | **** Du Bo **********

******** Editor ************** | ** Cheng Peng Du Hengfeng Proofreading ******** | ******** Chen Kemin ************************

On the evening of March 24, Beijing time, the three major U.S. stock indices opened lower collectively. The Nasdaq once fell over 1%. As of the time of writing, the S&P 500 index decreased by 0.43%, the Dow Jones by 0.25%, and the Nasdaq by 0.84%. A total of 2,232 stocks rose, while 2,908 stocks fell.

Major tech stocks: Microsoft shares fell 2.77%, Alphabet (Google) A shares fell 2.25%, Meta Platforms Inc Class A shares fell 1.74%, Amazon shares fell 1.1%, Intel shares fell 0.8%, Nvidia fell 0.73%, Apple shares rose 0.38%, Tesla shares rose 0.54%.

Rumors suggest Mitsui Sumitomo Financial is planning an acquisition, and Jefferies rose 2%.

U.S. oil and gas stocks all advanced, with Apache Petroleum rising over 5%, Devon Energy up over 3%, ExxonMobil, Western Oil, and ConocoPhillips up over 2%, and Chevron up over 1.7%.

U.S. optical communication concept stocks continued their strong momentum in early trading, with AAOI up over 10%, returning above $100; Corning rose over 7%, Lumentum up over 5%, Coherent up over 3.6%, and Ciena up over 3.9%.

Nasdaq China Golden Dragon Index fell 0.37%, with most popular Chinese concept stocks declining. Li Auto rose over 4.5% after announcing a $1 billion share repurchase plan.

In commodities, spot gold fluctuated around $4,400 per ounce, and spot silver hovered near $68 per ounce.

Regarding international oil prices, WTI crude oil surged over 5% at one point, then narrowed to a 3.91% increase, trading at $91.58. As of the time of writing, Brent crude oil increased by 3.14%.

(Disclaimer: The content and data in this article are for reference only and do not constitute investment advice. Please verify before use. Operate at your own risk.)

Daily Economic News

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