On June 9, local time, the US stock market went up and down. Among them, the Nasdaq index broke through the 10,000-point mark for the first time after being driven by higher technology stocks. The Dow Jones Industrial Average and the S&P 500 index have declined.
The Dow Jones Industrial Average closed at 27272.30 points, down 300.14 points, or 1.09%. The S&P 500 index fell 0.78%, and the Nasdaq index rose 0.29% to close at 9953.75 points.
On the same day, major U.S. technology stocks rose strongly, with Amazon and Apple rising more than 3% each. In addition, Facebook, Netflix and other stocks also had some rise. Correspondingly, the Dow heavyweight stocks retreated after a six-day rise, and aviation stocks, cruise stocks and retail-related stocks retreated after experiencing a sharp rise the day before.
Wall Street analysis believes that the stocks related to the previous economic restart restarted on the same day, so other economic data for investors in the future will be more sensitive.
Some optimistic investors believe that the US economy will recover faster than expected after a restart, and one of the evidences is the increase in employment announced last Friday (June 5) The number completely exceeded expectations. However, conservative analysts believe that the market may react too quickly to the restart.
In addition, because there is no clear treatment plan and the vaccine is still being developed, many investors are also cautious about the new coronary pneumonia epidemic.
(Originally titled “Nasdaq Breaks Ten Thousand Points, Dow Ends Six Continuous Gains”)