Overnight U.S. stocks | Three major indexes rose, and over-the-counter Ruixing Coffee (LKNCY.US) closed up 11.59%



Overnight U.S. stocks | Three major indexes rose, and over-the-counter Ruixing Coffee (LKNCY.US) closed up 11.59%
On Monday, global health incidents rebounded in many countries, but benefited from the Boeing 737 Max's key certification test, coupled with the rapid sales of the existing home sales contract index, driving US stocks to rise.

As of the close, the Dow closed up 580.25 points or 2.32% at 25595.80 points; it rose 116.93 points or 1.20% at 9874.15 points; the S&P 500 index rose 44.19 points or 1.47% at 3053.24 points.

In terms of data and news, the U.S. existing home contracted sales index increased by 44.3% month-on-month, the largest monthly increase in history (since the data was recorded in 2001). The index rose to 99.6%, but it was still lower than the level of 111.4 in February. .

The media US Treasury Index is set to record its best performance in the first half of the year since 1995. The bleak expectations of bond investors for the economic outlook are in stark contrast to the views of stock market investors. Driven by expectations of a rebound in corporate activity, the US stock market rebounded sharply this quarter, although it fell last week due to a surge in infection cases and measures taken by some states to restrict corporate reopening. Obviously, U.S. Treasury bonds may still be the first safe haven to hedge the risk of another decline in economic growth, and the further decline in economic growth may trigger the central bank to further relax monetary policy.

The data shows that from May 19 to June 17, the Fed purchased a single corporate bond of 428 million US dollars, and the investment targets include Wal-Mart (WMT.US), AT&T (T.US), Coca-Cola (KO.US) and Kanka Cest (CMCSA.US) and other well-known companies, as well as large oil companies, tobacco giants (PM.US), also includes Buffett’s utility subsidiary of Berkshire Hathaway.

On the disk, aviation auto stocks rose, American Airlines (AAL.US) rose more than 7%, Delta Air Lines (DAL.US) rose more than 6%, United Airlines (UAL.US) rose more than 7%, and Boeing (BA .US) rose more than 14%; (TTM.US), Ford Motor (F.US) rose more than 1%, General Motors (.US) rose more than 3%, Tesla (TSLA.US) rose more than 5%, Fiat Chrysler (FCAU.US) rose more than 2%.

In terms of Chinese stocks, Betta (DOYU.US) rose over 5%, (HUYA.US), Litchi (LIZI.US) rose over 1%, (BILI.US), iQiyi (IQ.US) rose over 2%.

Individual stocks

(AMC.US) closed up 5.74%, the company said it would postpone the restart of the American cinema until July 30;

The US-listed (BP.US) closed up 3.16% after the company previously announced that it had agreed to sell its global chemical business to Ineos for $5 billion. The transaction is expected to be completed by the end of this year;

Off-exchange (LKNCY.US) closed up 11.59% at $1.54;

Beyond Meat (BYND.US) closed down 7.15% after Barclays lowered its rating to a reduction.

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