Daily

Cross-tension growth

2020-09-16

Received many large-scale purchase transactions, including Oracle's cooperation with ByteDance to operate TikTok's business in the United States, and NVIDIA's acquisition of ARM, a leading global semiconductor company held by Softbank.

US stocks continued to do well on Tuesday. The Dow Jones index opened 237 points higher and finally closed slightly at 2 points; The Nasdaq index rose 177 points in the early stage and closed at 11190 points, up 133 points; The S&P index rose 35 points and closed at 17 points.

US President Trump posted a post on the social networking page, saying that American citizens will get the COVID-19 vaccine soon, possibly in four or eight weeks. However, Bill Gates, founder of Microsoft, criticized the US Food and Drug Administration for being a political tool recently.

Did not take good care of the vaccine in COVID-19 and questioned the safety of the vaccine.


The cumulative number of infected people in novel coronavirus is close to 29.71 million, and the number of confirmed deaths has increased by more than 938,000. In the United States, about 33,600 people were diagnosed with new pneumonia yesterday, and the cumulative number of infected cases exceeded 6.78 million, continuing to be the country with the most infected cases in the world.

The American epidemic relief measures originally announced in August were full of twists and turns. After being approved by the statutory 60 votes at the end of last week, the newly launched group of 50 people from both parties in the House of Representatives released a US$ 1.52 trillion anti-epidemic stimulus plan yesterday.

Attempts have been made to break the deadlock in economic relief for several months, but some Members still expressed disappointment with the plan, while others were pessimistic about reaching consensus. Driven by the booming stock market, the United States has enjoyed a prosperous life of singing and dancing, and its economic data has also improved.

The new york Fed manufacturing index released yesterday rose from 3.7 a month ago to 17; It is the highest level since November 2018, far higher than the expected 6.9 points. Based on this, it is normal for some Members to hold different views.

The Federal Reserve Board held a policy meeting for two days in a row. It is expected that the interest rate policy will remain unchanged, and the loose monetary policy will be maintained for a long time and employment data will be the premise. The gold price fluctuated at a high level yesterday, benefiting from the weakening of the US dollar. The highest price of gold was 1972 US dollars per ounce.

However, the high opening of the US stock market and the cross-growth rate of the manufacturing index of the Federal Reserve Bank of new york shocked the gold price, reaching a minimum of $1,948 per ounce and closing at $1,954 per ounce, down by $2.

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