U.S. stocks ended mixed on Wednesday. Despite the obvious signs of a rebound in the US economy, at the latest meeting of the Federal Reserve, Fed officials agreed to keep the policy unchanged, that is, to stick to near zero interest rates and buy bonds every month.
The Dow Jones index rose 16.02 points, or 0.05%, to 33446.26; the standard & Poor's 500 index rose 0.15%, to 4079.95, a record high; and the Nasdaq composite index fell 0.07%, to 13688.84, despite strong gains in large technology stocks.
Amazon, apple and alphabet all rose more than 1%, while Facebook rose 2.2%.
Electric vehicle stocks generally plummeted, with Tesla down 2.99%, Weilai down 6.82%, Xiaopeng down 7.94% and ideal down 12.93%. It is said that Shanghai Pudong vehicle management office will not license Tesla, and Tesla official said that the news is untrue; ideal motor plans to issue convertible senior notes with a maturity of no more than 750 million US dollars in 2028.
Specifically, the performance of leading technology stocks is as follows:
The leading chip stocks in US stocks are as follows:
The main Chinese concept stocks listed in the United States are as follows:
According to the minutes of the FOMC meeting in March released by the Federal Reserve on Wednesday afternoon, Fed officials said that policy will not change just because of forecasts for the economy. Although most members of the FOMC have seen the change in the U.S. economy, they hope to have some time to confirm it, such as the improvement in employment.
In early March, US President Biden launched a landmark US $1.9 trillion economic stimulus plan, which forced Federal Reserve officials to raise their economic growth and inflation expectations before the meeting.
The U.S. economy rebounded faster than most people expected, largely thanks to Biden's $1.9 trillion economic stimulus plan and the steady deployment of vaccines across the country, which helped the recovery of employment, manufacturing and tourism. Biden on Tuesday advanced the time when all American adults will be eligible for the new crown vaccine, from May 1 to April 19.
The yield on the 10-year Treasury note has been stable at 1.67% after rising to its highest level in more than a year in March.