U.S. stocks closed mixed, Dow closed slightly lower, Intel fell nearly 11percent

 U.S. stocks closed mixed, Dow closed slightly lower, Intel fell nearly 11percent

The Dow Jones index fell 28.09 points, or 0.10%, to 28335.57, the standard & Poors 500 index rose 0.34% to 3465.39, and the Nasdaq composite index rose 0.37% to 11548.28.

Specifically, in US stock trading on Friday, technology leaders generally rose, with Apples share price closing at US $115.04, down 0.61%; Googles parent company alphabet, up 1.59% to US $1641.00; Amazons to US $3204.40, up 0.88%; Microsofts to US $216.23, up 0.62%; Facebook to US $284.79, up 2.40%; Oracle to US $59.90, up 0.35 %IBM closed at $116.00, up 0.21%; Netflix closed at $488.28, up 0.63%; Tesla closed at $420.63, down 1.21%; twitter rose 0.32%, Uber rose 0.14%; LYFT rose 1.72%.

Most of the leading chip stocks in US stocks rose, with TSMC up 0.11% to US $88.31, NVIDIA to US $543.61, Intel to US $48.20, 10.58% to US $48.20, ASMC to US $378.56, 0.81% to US $378.72, 0.17% to US $128.88, 0.39% to us $128.88, 1.17% to US $149.96 and AMD It closed at US $81.96, up 3.20%; applied materials fell 1.22%; micron technology fell 2.81%.

Most of the major Chinese stocks listed in the United States rose. Alibaba closed at $309.92, up 1.19%; Jingdong closed at $81.34, up 0.04%; Baidu closed at $133.93, up 0.81%; pinduoduo closed at $86.91, down 0.98%; bilibilibili closed at $44.44, down 1.90%; tal closed at $70.31, up 5.98%; iqiyi closed at $23.19, up 0.74% It closed at $67.16, down 3.78%; Weibo closed at $40.00, up 0.23%; Sina rose 0.26%; Sohu rose 1.54%; Sogou rose 0.11%; Ctrip rose 1.56%; 51job fell 0.10%; car home fell 3.08%; Weilai fell 0.80%; Jinshan cloud rose 1.20%, ideal car fell 3.06%.

I think everyone is watching, says Mike Katz, a partner at seven points capital, an investment firm. There have been a lot of twists and turns in fiscal stimulus, and every big news makes the market fluctuate a little bit.

This week, the Dow Jones index and the standard & Poors 500 index ended their three consecutive weeks of gains, while the Nasdaq composite index recorded its first weekly decline in nearly five weeks. The standard & Poors 500 index fell 0.5% this week, while the Dow Jones index and Nasdaq index fell 0.95% and 1.1% respectively.

U.S. Treasury Secretary manuchin said Friday that House Speaker Nancy Pelosi is also opinionated on many issues related to the fiscal stimulus package. He added: if she wants to compromise, there will be an agreement. However, we have made great progress in many areas, but there are still some important areas that we are working on.

Trump also said on Friday that he did not want the aid deal to help democratic controlled states out of trouble. Affected by these news, the main U.S. stock index fell to a low point in the day.

Intels share price fell 10.6% after it released mixed third quarter data. The companys earnings are in line with analysts expectations, but the revenue from its data center business is lower than analysts expectations.

The technology sector has had a tough week, falling more than 2%, and there are concerns that a Democratic victory on November 3 could put pressure on high tech stocks.

We believe that for the large Internet sector, the Democratic victory will bring the greatest uncertainty and tail risk, BofA analysts said in a report Specifically, analysts believe that the blue wave of democratic control of the house and Senate could lead to higher taxes and stricter regulation of technology companies. (Liu Chun)

Source: Qiao JunJing, editor in charge of Netease science and Technology Report_ NBJ11279