US Treasury Rate 1.7%’Rally’… US Stock Market, Nasdaq Only’Rebound’

10-year high-altitude march, signs of US-China conflict… Dow Jones S&P 500 fell for the second day
Major technology stocks such as FAANG’Honjo’, US semiconductor stocks such as Micron are rising

[초이스경제 이영란 기자] On the 19th (U.S. time), major indexes of the New York Stock Market closed mixed. The Dow Jones Indices and S&P indices fell amid the market’s keen interest in the US Treasury rate trend, but the Nasdaq Indices rose due to the impact of counter-selling from the plunge the previous day. This trend emerged as the US 10-year Treasury bond rate continued to rise at the 1.7% level.

According to the New York Stock Exchange, the Dow Jones index, which was centered on high-quality stocks, fell 232.16 points (0.71%) compared to the previous day, and the S&P 500 index, which was centered on large stocks, fell 2.31 points (0.06%) to 3913.15, respectively, according to the New York Stock Exchange. . On the other hand, the Nasdaq index, which was centered on technology stocks, ended at 13,215.24, up 99.07 points (0.76%) from the previous day. In addition to the three indices, the Russell 2000 index, which focuses on small and medium-cap stocks, rose 19.95 points (0.88%) to 2287.53.

US economic broadcaster CNBC said, “Amid the rally in government bond rates, the Dow Jones and S&P 500 indexes continued to weaken, but the Nasdaq index succeeded in rebounding.” However, he explained, “On a weekly basis, the Dow and S&P 500 indexes fell 0.46% and 0.77%, respectively, and the Nasdaq index also fell 0.79%.”

New York Stock Exchange Specialist.  /Photo = AP, Newsis.
New York Stock Exchange. /Photo = AP, Newsis.

According to CNBC, the US Treasury bond rate closed at 1.723% on a 10-year basis, down 0.6bp (1bp=0.01%p) from the previous day, but still continued high at 1.7%. CNBC explained that the fact that the Fed announced that it would end measures to ease the’Complementary Leverage Ratio’ (SLR) easing measures for banks’ equity capital that had been enforced for a one-year period since April last year, fueling the government bond rate rally, CNBC explained. .

Corona 19 concerns in Europe also continued. According to Reuters, the cumulative death toll of Corona 19 in Europe exceeded 1 million as of the 19th (local time). European countries are accelerating the speed of vaccination against Corona 19, but foreign media reported that the emergence of the mutant virus faced a third epidemic.

The high-level US-China talks, which began the day before, began as a flag fight. The US side insisted that China threatens the international order, and China criticized the US for abuse of the concept of national security, Reuters and other foreign media reported.

Amid the news, the New York Stock Market closed in mixed tax. According to CNBC, communication services (+0.81%), consumer discretionary (+0.79%), healthcare (+0.34%), consumer staples (+0.25), among the 11 S&P sectors of the New York Stock Market rose, while real estate (-1.27%) rose. ), finance (-1.23%), industrial goods (-0.73%), and materials (-0.51%) declined.

Share prices of major technology stock groups have diverged. Among FAANG (Facebook, Apple, Amazon, Netflix, Google), Facebook (+4.11%), Amazon (+1.55%), Netflix (+1.48%) and Google’s parent company Alphabet A (+0.28%) rose. Apple’s share price fell 0.45%. In another tech stock group, MAGAT (Microsoft, Apple, Google, Amazon, Tesla), Microsoft fell 0.19% and Tesla stock rose 0.40%.

US semiconductor stocks rebounded. Micron Technologies (+0.77%), NVIDIA (+0.97%), Xilinx (-0.51%), AMD (+1.20%), Intel (+0.05%), Applied Materials (+0.51%), Ram Research (+0.58) %) and other stock prices rose. The Philadelphia Semiconductor Index rose 1.18%.

In addition, Coca-Cola (+0.30%), Home Depot (+1.88%), Wal-Mart (+1.38%), and Zoom Video (+3.14%) rose, while Visa’s stock price plunged 6.24%, Nike (-3.94%), and Travelers. (-4.79%) and others also fell. McDonald’s (-0.18%), Johnson & Johnson (-0.31%), and Walt Disney (-0.43%) were only weak.

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