U.S. stock market: The three major U.S. stock indexes collectively fell. The Dow fell more than 1%, and the Nasdaq and S&P fell nearly 1%. As of the close, the Dow Jones Industrial Average fell 422.16 points from the previous trading day, closing at 38461.51 points, a decrease of 1.09 %; the Nasdaq Composite Index fell 136.28 points to close at 16170.36 points, a decrease of 0.84%. ; The S&P 500 stock index fell 49.27 points to close at 5160.64 points, a decrease of 0.95%. In terms of data, the U.S. announced before the market opened that the CPI in March increased by 3.5% year-on-year, which was higher than market expectations of 3.4% and the highest level since September 2023.
Most large technology stocks fell, with Tesla falling more than 2%, Apple falling more than 1%, and Google and Microsoft following suit; Meta, Amazon, and Netflix rose slightly. The chip and semiconductor sectors were among the top decliners, with GF and NXP Semiconductors falling by more than 4%, Intel, Qualcomm, Texas Instruments, and AMD falling by more than 2%; NVIDIA rising by nearly 2%, and TSMC and AMD rising slightly. The banking and shipping sectors generally fell. Silicon Valley National Bank and New York Community Bank fell more than 8%. UBS Group and U.S. Bank fell more than 4%. State Street and Bank of America fell nearly 3%. Morgan Stanley, Goldman Sachs, and Citigroup The group fell by more than 2%; Spirit Airlines fell by more than 9%, Norwegian Cruise Line fell by more than 5%, and American Airlines, Southwest Airlines, and Carnival Cruise Line fell by more than 3%. Most precious metals sectors fell, with gold mining falling by more than 9%, Goldfields and Cordelen Mining falling by more than 4%, U.S. gold falling by more than 2%, and Hecla Mining, Royal Gold, and Pan American Silver following the decline. The blockchain, oil and natural gas sectors rose, with Houston Energy rising more than 9%, Coinbase rising more than 3%, Petrobras and Imperial Petroleum rising more than 1%.
Most popular Chinese concept stocks fell, with the Nasdaq China Golden Dragon Index falling 0.39%. Bilibili and NIO fell more than 2%, Weibo, Baidu, NetEase, and Pinduoduo fell more than 1%. Futu Holdings, iQiyi, Li Auto, Vipshop, and JD.com fell slightly. Alibaba rose more than 2%, Manbang rose more than 1%, and Xpeng Motors and Tencent Music rose slightly.
European stock market: The three major European stock indexes had mixed gains and losses that day. The Financial Times 100 stock average price index of the London stock market closed at 7961.21 points on the 10th, an increase of 26.42 points or 0.33% from the previous trading day. The CAC40 index of the Paris stock market in France closed at 8045.38 points, a decrease of 3.79 points or 0.05% from the previous trading day; the DAX index of the Frankfurt stock market in Germany closed at 18097.30 points, an increase of 20.61 points or 0.11% from the previous trading day.
Commodity market: International oil prices rose. The price of light crude oil futures for delivery in May on the New York Mercantile Exchange rose 98 cents to close at $86.21 per barrel, an increase of 1.15%; the price of London Brent crude oil futures for delivery in June It rose US$1.06 to close at US$90.48 per barrel, an increase of 1.19%. COMEX June gold futures closed down 0.59% at $2,348.4 per ounce.
