On Thursday, US stocks: The Dow fell four times in a row, Google rose more than 4%, and JD.com and Pinduoduoduo rose more than 7%

On May 12th, it was reported that on Thursday, US time, the main stock indexes of the US stock market closed with mixed gains and losses, with the Nasdaq slightly rising. Data shows a slowdown in the US job market, while the market is once again concerned about the health of banks in the US region

On May 12th, it was reported that on Thursday, US time, the main stock indexes of the US stock market closed with mixed gains and losses, with the Nasdaq slightly rising. Data shows a slowdown in the US job market, while the market is once again concerned about the health of banks in the US region.

The Dow Jones Index closed at 33309.51, down 221.82 points, or 0.66%, for four consecutive trading days of decline; The Standard&Poor's 500 Index closed at 4130.62, down 0.17%; The Nasdaq Index closed at 12328.51, up 0.18%.

Most large technology stocks rose, with Google gaining more than 4% today after yesterday's 4% gain, boosting the tech dominated Nasdaq; Netflix gained over 2%, while Amazon and Meta gained over 1%.

Most of the leading chip stocks fell, with Intel falling more than 3%, Qualcomm falling more than 2%, and TSMC, Asma, and Texas Instruments falling more than 1%.

Most popular stocks of new energy vehicles rose, with Tesla rising 2.10%, Rivian falling 1.91%, and Faraday falling 2.02% in the future; NIO rose 3.94%, while Xiaopeng rose 4.37%; Ideal up 3.70%. Tesla and Twitter CEO Musk have stated that Twitter is about to receive a new CEO who will be transferred to product and technology positions.

Among the leading e-commerce stocks in China, Alibaba rose 5.96%, JD.com rose 7.21%, and Pinduoduo rose 7.05%.

Among other popular Chinese concept stocks, Baidu rose 4.43%, BOSS Direct Hire rose 4.17%, iQiyi rose 3.58%, Ctrip rose 2.77%, Manbang rose 2.59%, Zhihu rose 2.02%, Bilibili rose 1.17%, and New Oriental rose 0.25%.

Specifically, the main technology stocks in the US stock market performed as follows:

The main chip stocks in the US stock market perform as follows:

The performance of popular Chinese concept stocks listed in the United States is as follows:

Data shows that the number of Americans applying for unemployment benefits for the first time last week reached its highest level since October 2021, while the Producer Price Index (PPI) rose 0.2% month on month in April, lower than economists' forecast of 0.3%. These reports indicate that the Federal Reserve's tightening of monetary policy may finally have an impact on inflation.

Don Rissmiller, Chief Economist of Strategas, an investment firm, said: "Inflation has peaked, and as economic growth slows, inflation is tending to decline." He said that these data support the Federal Reserve's suspension of interest rate hikes, but the market also faces other risks.

On Thursday, US time, safe haven asset trading strengthened, the US dollar exchange rate rose, and the yield of US treasury bond bonds fell. The policy sensitive two-year US Treasury yield fell to 3.9%, while the 30-year US Treasury yield continued to rise after the auction results were stronger than expected.

It seems that the sentiment of the US stock market is still fragile, and investors are still worried about the US debt ceiling and the stability of the banking industry. In the options market, the demand for hedging volatility has reached its highest level in five years.

(Liu Chun)