Us stocks have plunged again.
Us stocks plunged and gold closed higher
On April 15, the three major stock indexes of the United States opened high and opened low, and finally closed down across the board, with the Dow down 0.Wsopplayers.65%, the S & P 500 index fell 1.Wsopplayers.2%, the Nasdaq fell 1.79%.
Technology stocks fell across the board, with Apple down 2.19%, Amazon down 1.35%, Netflix down 2.52%, Google down 1.82%, Facebook down 2.28% and Microsoft down 1.96%.
Most of the hot Chinese stocks fell, Jiannan Technology fell 5.83%, Neng Lianzhi fell 4.76%, Shuodi fell 4.25%, Jinshan Cloud fell 4.07%, Zhihu fell 3.91%, Tiger Securities fell 3.34%, Yihang Intelligence fell 3.08%, Legend fell 2.29%, and Auto Home fell 2.14%. In terms of increases, Pao Ming Xincheng rose 9.9%, Silvercorp Metal Mining rose 4.39%, Douyu rose 3.18%, and Huazhu rose 2.96%.
New energy vehicle stocks fell across the board, with Weilai down 5.11%, Xiaopeng down 3.55% and ideal car down 2.69%.
COMEX gold futures closed up 1.06% at $2399.3 / oz, while COMEX silver futures closed up 2.21% at $28.955 / oz.
Tesla plummeted 220 billion yuan
It's worth noting.WsopplayersIt was Tesla. Last night, Tesla's share price collapsed, falling more than 5% overnight, and the market capitalization lost 30.4 billion US dollars (about 220 billion yuan).
Earlier, Tesla CEO Musk issued an internal letter saying he would cut 10 per cent of his workforce worldwide.
In the letter, Musk said it was a difficult decision made after a thorough review of the company's organization. "nothing annoys me more than layoffs, but I have to do it."
According to relevant data, Tesla had about 140500 employees worldwide by the end of 2023, and the 10 per cent layoff rate means that more than 10, 000 employees will lose their jobs at Tesla.
Musk further said that in preparing for the company's next phase of growth, it is extremely important to look at all aspects of the company to reduce costs and increase production. "over the years, the company has developed rapidly and has opened a number of factories around the world. with this rapid growth, there has been a duplication of roles and functions in some areas."
On April 15, Drew Baglino, senior vice president of Tesla's powertrain and energy business, and Rohan Patel, vice president of public policy and business development, posted on social media platform X that they had decided to leave Tesla. Drew Baglino wrote thatWsopplayersHe made a difficult decision to leave Tesla after 18 years.
Subsequently, Musk forwarded the articles of the two executives, with the caption "Thank you for all you have done for Tesla."
Important data release
Macroscopically, retail sales in the United States rose 0.7% month-on-month in March, the highest since September last year, and are expected to rise 0.3%. The previous value was revised from 0.6% to 0.9%. Core retail sales rose 1.1%, expected to rise 0.4%, and the previous value was revised from 0.3% to 0.6%.
Us business inventories rose 0.4 per cent in February from a month earlier, the biggest increase since August 2023, and are expected to rise 0.4 per cent, unchanged from previous values.
U. S. April NAHB housing market index 51, expected 51, a previous value of 51.
Bank of America says stubborn inflation from a strong economy is better than stagflation for the US stock market. While some stock bulls want to see the economy slow to ease interest rate pressure, "good news is still good news" for stocks, Ohsung Kwon-led strategists said in a note to clients on Monday. "if inflation becomes stubborn because of economic momentum, it is not necessarily bad for the stock market," he wrote. "but stagflation is bad news.