U.S. stocks closed higher
The Block
1h ago
Ai Focus
On Thursday, all three major U.S. stock indices closed higher: the Dow Jones Industrial Average rose 0.83%, the S&P 500 Index rose 0.59%, and the Nasdaq Composite Index rose 0.64%. The Institute for Supply Management (ISM) announced that the manufacturing purchasing managers' index for September was 54.5, slightly lower than August's 54.6, remaining in an expansionary range for the ninth consecutive month.
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On Thursday, all three major U.S. stock indices closed higher, mainly driven by the decline in U.S. Treasury yields and the cooling of expectations for interest rate hikes, which led to a rebound in tech stocks.

The Dow Jones rose by 0.83%, the S&P 500 index rose by 0.59%, and the Nasdaq rose by 0.64%. Guancheng rose by 15.61%, Moderna rose by 14.21%, Humana rose by 11.54%, American Tower rose by 9.30%, SBA communications company rose by 7.34%, and Datadog rose by 7.11%.

"Seven Sisters" group: Amazon rose 3.29%, Microsoft rose 2.38%, Tesla rose 2.05%, Google rose 0.87%, Meta Platforms fell 0.31%, NVIDIA fell 0.52%, Apple fell 1.11%.

On a weekly basis, the Dow Jones Industrial Average fell by 1.26%, the S&P 500 Index declined by 0.27%, while the Nasdaq Composite Index rose by 0.45%.

The Institute for Supply Management (ISM) of the United States announced that the Manufacturing Purchasing Managers Index in September was 54.5, slightly lower than 54.6 in August, and remained in the expansionary range for the ninth consecutive month.

At the recent mid-term performance meeting held by CICC, the progress of the restructuring became an important concern for investors.

In the second quarter, Ctrip's international platform revenue increased by over 50% year-on-year, and inbound tourism revenue continued to achieve high double-digit growth on the previously high base.

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