U.S. stocks ended mixed, bucking the trend by nearly 7percent, while Ruixing rose 57percent

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 U.S. stocks ended mixed, bucking the trend by nearly 7percent, while Ruixing rose 57percent


In Thursdays trading in US stocks, leading technology stocks generally fell, with Apples shares closing at $322.32, down 0.86%; alphabet, Googles parent company, closing at $1412.18, down 1.68%; Amazons shares at $2460.60, down 0.72%; Microsofts shares at $182.92, down 1.32%; Facebooks shares at $226.29, down 1.68%; Oracles shares at $52.85, down 1.20%; IBMs closing It was down 0.12% at $128.89, 1.81% at $414.33, 2.10% at $864.38, 3.33% at twitter, 0.87% at Uber and 4.75% at LYFT.

Most of the leading chips in US stocks rose, with Intel up 1.68% to US $62.97, NVIDIA up 0.01% to US $350.66, Broadcom down 0.21% to US $308.89, Texas Instruments up 1.08% to US $128.58, Qualcomm up 2.29% to US $86.04, amd down 0.19% to US $52.63, micron technology up 6.90% and applied materials up 3.63%.

Chinese stocks listed in the US ended mixed, with Alibaba closing at US $218.04, down 0.26%; JD closing at US $56.52, down 0.37%; Baidu closing at US $109.06, down 3.01%; pinduoduo closing at US $66.27, down 2.76%; bilibilibili closing at US $33.56, down 1.73%; tal closing at US $63.26, down 1.75%; iqiyi closing at US $17.75, down 0.62%; and Who learn closed at $41.40, up 4.81%; Weibo closed at $33.54, up 1.70%; Sina up 0.33%; Sohu up 1.81%; Sogou up 2.99%; Ctrip up 0.54%; 51job down 5.34%; Auto home up 0.82%; 58 intra city down 0.75%, jinshanyun down 6.45%.

Wei Lai auto closed up 6.61% at US $5.97, up 19.15% yesterday. Weilai automobile said yesterday that in May this year, it delivered 3436 vehicles, an increase of 215.5% year on year, a record delivery per month.

Ruixing coffee closed at $4.05, up 56.98%, up 90% at one point in the session, with a market value of $1.025 billion. Some investors believe that the current share price of lucky coffee is still very cheap. Earlier, the companys share price plummeted as a result of a fraud scandal. Although there is no news about the stock today, it has risen for the third consecutive day.

Earlier in the day, the Nasdaq 100 index hit a new high in the session, but closed down 0.8%. The index consists of 100 largest non-financial stocks in the Nasdaq composite index.

From February 19 to March 23 this year, the Nasdaq 100 index plummeted more than 30%. But since then, the index has soared by more than 40%.

Last week, 1.877 million Americans applied for unemployment benefits for the first time, surpassing Dow Jones estimates of 1.775 million, the labor department said. The number of people who continue to apply for unemployment benefits has risen sharply, reaching close to 21.5 million.

Despite Thursdays decline, major U.S. stock indexes are still rising steadily this week. By Thursdays close, the Dow was up 3.5% this week, while the standard & Poors 500 was up 2.2%. The Nasdaq composite rose 1.3% this week.

Phil blancato, chief executive of Ladenburg thalmann asset management, said: the market trades with extreme optimism that I have never seen in my career. In the absence of real data, I have never seen the market trade in this optimistic mood.

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