On April 11th, local time, the three major stock indexes of US stocks were mixed, with the Dow down 0.01%, the S&P 500 index up 0.74% and the Nasdaq up 1.68%.Hot technology stocks in US stocks broke out in an all-round way.,It rose by more than 4%, and its market value increased by 112 billion US dollars in a single day.It rose by nearly 1.7%, breaking the record high set in 2021.
Gold also broke out.On April 11th, spot gold reached a record high of $2,377 per ounce at the end of the session.On that day, internationalFutures also generally closed up.
The Nasdaq rose 1.68%
On April 11th, local time, the data showed that as of the close, the Dow fell 2.43 points, or 0.01%, to 38,459.08 points. The Nasdaq rose 271.84 points, or 1.68%, to 16,442.20 points; The S&P 500 index rose 38.42 points, or 0.74%, to 5199.06.
Hot technology stocks generally rose.It closed up 4.3%, the biggest increase in 11 months, and its market value increased by $112 billion in a single day.It closed up 1.10% to $427.93, approaching the record closing price of $429.37 set on March 21st. Google closed up 2.09% to $159.41, hitting a record high after a trading day, with a closing market value of $1.96 trillion. It closed up 1.67% to $189.05, breaking through the record closing price of $186.57 set on July 8, 2021, with a closing market value of $1.96 trillion.It closed up 4.11% to $906.16. META closed up 0.64% at $523.16, approaching the record closing high of $527.34 on April 5.
Most of the popular Chinese stocks rose.Up more than 4%,、、、Up more than 1%,、、、、A slight increase.、、Falling more than 2%,It fell more than 1%.
The three major European stock indexes closed down across the board.Germany’s DAX index fell 0.82% to 17949.26 points, France’s CAC40 index fell 0.27% to 8023.74 points, and Britain’s FTSE 100 index fell 0.47% to 7923.8 points.
(Hong Kong) said that for the market, the Fed’s interest rate cut seems to be getting farther and farther away. More importantly, even if the interest rate cut occurs in June, it is difficult for the market to predict that the next interest rate cut will take place step by step. The agency believes that if the US stock market falls sharply, will the Fed cut interest rates urgently? This is not an easy question to answer, but one thing is certain. The sharp decline in the stock market will bring about the rise of interest rate cut expectations, which will alleviate the market’s concerns about high interest rates to a certain extent. Generally speaking, US stocks need to wait and adjust.
It is said that if the interest rate is not cut before the election, although the US stocks will fluctuate in the short term due to the expected difference, it also shows the resilience of the US economy, which is conducive to the US stocks to continue to form a siphon effect on the world, and then the US stocks can still see more before the election. Among commodities, gold is more sensitive to the Fed’s policies. Although there are some signs of desensitization in the near future, if the expectation of interest rate cuts continues to fail, short-term adjustment is still inevitable.
Spot gold hit a new high.
On April 11th, spot gold reached a record high of $2,377 per ounce at the end of the session.
Nikki Kalls, head of metal strategy at MKS PAMP SA, said: "Overall, the trend of US bonds seems to indicate that the Fed is about to raise interest rates, while the trend of gold seems to indicate that the Fed is still in the mode of cutting interest rates, so any dovish remarks in the future will accelerate the bull market trend of gold."
On that day, international futures also generally closed up. COMEX gold futures closed up 1.8% at $2,390.6 per ounce; COMEX silver futures closed up 1.76% at $28.545 an ounce.
China Foreign Direct Investment Confidence Index Ranking
Significantly jump
On April 11th, Kearney, a well-known management consulting company headquartered in Chicago, USA, recently released the 2024 global foreign direct investment confidence index report, which upgraded China’s ranking from the 7th last year to the 3rd.
According to the report, among the most attractive emerging markets for investors in the next three years, China ranks first among 25 countries, followed by the United Arab Emirates, Saudi Arabia, India, Brazil, Mexico, Poland and Argentina.84% of the respondents indicated that they will maintain or seek new investment opportunities in emerging markets in 2024.
Respondents listed technology and innovation ability as the primary conditions for choosing investment destinations this year.In 2024, the global foreign direct investment confidence index ranked the top three, and the United States, Canada and China also reflected investors’ preference for technologically advanced markets. It is worth mentioning that,Rapidly developingAroused the interest of investors and attracted a lot of capital.
In the report of global foreign direct investment confidence index in 2023, investors listed geopolitical tension and rising commodity prices as the most likely events. In the 2024 report, investors continue to express their concerns about geopolitical tensions, and believe that the business regulatory environment in both developed and emerging markets will tighten.
Kearney Company began to publish the global foreign direct investment confidence index report in 1998. The report is an annual survey, in which global corporate executives rank the markets that may attract the most investment in the next three years.
Forged information and defrauded more than 90 billion yuan.
Zhang Meilan was sentenced to death.
On April 11th, the People’s Court of Ho Chi Minh City sentenced Zhang Meilan, the richest woman in Vietnam and former chairman of Wanshengfa Group Co., Ltd., to death. According to the indictment, the defendant, Zhang Meilan, established the Wanshengfa ecological system consisting of 1,000 subsidiaries and joint ventures, and handed it over to relatives and family members for management. Zhang Meilan and his accomplices forged false loan files and traded from Saigon shares.(SCB) Withdraw funds to meet personal needs. Although he did not hold a post in SCB, Zhang Meilan became the major shareholder of SCB, holding 85% to 91.5% of the shares.
According to the indictment, from October 9, 2018 to October 7, 2022, Zhang Meilan forged a total of 916 loan documents, and defrauded 304 trillion VND (equivalent to RMB 93.2 billion) from SCB Bank. So far, the bank has failed to pay the money, and has generated more than 129.4 trillion Vietnamese dong in interest. This case is the biggest financial fraud case in Vietnam’s history.