On Tuesday, U.S. stocks ended mixed, with the S & P 500 index hitting an all-time high. However, it ended lower, as the rise in U.S. bond yields made investors nervous.
The Dow Jones index closed at 31522.75, up 64.35 points, or 0.20%, reaching a record high; the standard & Poor's 500 index closed at 3932.59, down 0.06%; the technology-based Nasdaq composite index closed at 14047.50, down 0.34%.
Among the popular Chinese concept stocks, Jingdong rose 4.15% to a record high with a market value of more than $160 billion; Baidu rose 4.22% to a record high with a market value of more than $110 billion; pinduoduo rose 3.16% to a record high with a market value of nearly $250 billion.
Specifically, in the trading of US stocks on Tuesday, the leading technology stocks rose and fell, with Apple's share price closing at US $133.19, down 1.61%; Google's parent company alpha's share price closing at US $2121.90, up 0.85%; Amazon's share price closing at US $3268.95, down 0.27%; Microsoft's share price closing at US $243.70, down 0.53%; Facebook's share price closing at US $273.97, up 1.28%; Oracle's share price closing at US $3268.95, down 0.27% IBM closed at $120.07, down 0.60%; Netflix closed at $557.28, up 0.14%; Tesla closed at $796.22, down 2.44%; twitter rose 2.87%, Uber fell 0.18%; LYFT rose 1.40%.
Chip leading stocks in US stocks generally rose, with TSMC closing at US $140.05, up 1.44%; NVIDIA closing at US $613.21, up 2.47%; Intel closing at US $62.47, up 1.07%; ASMC closing at US $603.14, up 0.86%; Qualcomm closing at US $147.16, down 0.55%; Broadcom closing at US $489.13, up 0.58%; Texas Instruments closing at US $180.76 USD, up 0.62%; AMD, down 2.46%, closed at USD 91.46; applied materials, up 1.41%; micron technology, down 0.31%.
Alibaba, Jingdong, Baidu, pinduoduo, Weilai, Xiaopeng and ideacar were up 1.06%, 1.06%, 4.15%, 4.22%, 3.16%, 1.04%, 4.01% and 30.40%, respectively, at US $270.70, US $103.43, US $326.20, US $202.81, US $103.43, US $103.43, US $45.01, US $45.01 and US $30.40, respectively US dollar, down 4.55%; bilibilibili, down 2.80%, to US $148.84; tal, down 1.78%, to US $87.51; iqiyi, down 5.10%, to US $25.11; learn from others, up 4.62%, to US $108.67; Weibo, down 1.34%; Ctrip, up 4.32%; Auto home, up 1.30%; jinshanyun, down 0.81%; lufax, up 2.71%.
On Tuesday, us time, the yield on us 10-year Treasury bonds jumped 9 basis points to break through 1.30%, the highest level since February 2020. The yield of 30-year treasury bonds also reached the highest level in a year. Many Wall Street people believe that the surge in U.S. Treasury yields may reduce the attractiveness of the stock market and pose a threat to industries such as technology that benefit from a low interest rate environment.
As a barometer of annual interest rates on mortgages, student loans and credit cards, the yield on the benchmark US 10-year Treasury bond will hover around 0.6% for most of 2020. Many worry that a rebound in yields could impede the U.S. economic recovery, as businesses and consumers may find borrowing costs getting higher and higher. Others worry about whether a lot of fiscal stimulus will trigger a rise in prices after a decade of latent inflation.
Novel coronavirus pneumonia vaccine launched, the economy reopened and more fiscal stimulus was expected. So far, the Dow has risen 5.1% in February, while the standard index and the Nasdaq have risen 5.9% and 7.5% respectively. The standard index has reached 10 closing highs this year.
In other areas, bitcoin briefly broke through $50000 on Tuesday for the first time as more and more companies began to favor cryptocurrency, continuing its dazzling rise.