Nasdaq surges on falling US Treasury yields… Tesla 20↑ Overseas Markets Last Night

NASDAQ, 3.69%↑… Highest rate of increase since last November
10-year interest rate’fall’ to the mid-1.5% range
Rising related leadership in Bitcoin’s strength

Photo = Getty Image Bank

Photo = Getty Image Bank

Last night, the New York Stock Market rose, led by large technology stocks, on a decline in government bond yields.

On the 9th (local time) on the New York Stock Exchange (NYSE), the Dow Jones 30 Industrial Average closed at 31,832.74, up 30.30 points (0.1%) from the battlefield. The Standard & Poor’s (S&P) 500 index rose 54.09 points (1.42%) from the battlefield to 3,875.44, while the technology stock-oriented NASDAQ index ended at 13,073.82, up 464.66 points (3.69%).

In particular, the NASDAQ recorded the largest daily increase rate since November of last year. During the intraday, it surged by 4.3%. The Dow Index has rewritten an all-time high in terms of intraday prices. The decline in the 10-year Treasury bond yield was large. The 10-year interest rate, which exceeded 1.6% on the previous day, fell to the mid-1.5% range on the day.

Seo Sang-young, a researcher at Kiwoom Securities, said, “As demand showed solidity in the 3-year government bond bidding, interest rates stabilized.” I led it.”

Tesla soared 19.64%. This is the result of a fall in government bond yields and an inflow of a backlash from the recent adjustment. The surge in electric car sales in China the day before (183,000 units for Tesla) also had a positive effect. Nio and Xiaofeng also surged 17.44% and 11.33%, respectively. Quantumscape, a secondary battery maker, also jumped 13.46%, and Albemarmal (3.61%) was also strong.

Related stocks also rose as Bitcoin surged 5% to settle at $54,000. MicroStrategy and Square jumped 14.71% and 11.50%, respectively, followed by PayPal (6.93%) and Nvdia (8.03%).

Jinko Solar, a solar-related stock, also surged 22.06%, and First Solar (7.31%) and Sun Power (10.86%) also rose. Semiconductor and large technology stocks also recorded strength. Micron Broadcom rose by 5%, while Apple rose by 4.06%. Amazon and ms were also strong in the 2-3% range.

On the other hand, financial and energy stocks were sluggish. BOA fell 2.18%, while Exxon Mobil and Konoko Phillips were weak at around 1%. Disney ended a 3.66% decline despite news that Disney+ had more than 100 million subscribers. This is interpreted as the influence of the sale of profits due to the surge the day before.

Eunbit Go, reporter Hankyung.com [email protected]

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