On Thursday, the three major U.S. stock indices closed higher, mainly driven by the decline in U.S. Treasury yields and the cooling of expectations for interest rate hikes, which led to a rebound in tech stocks.
The Dow Jones rose by 3.03%, the S&P 500 index by 1.58%, and the Nasdaq index by 1.46%.
In terms of individual stocks, US Mercantile & Co. rose by 17.32%, XYZ rose by 15.14%, Moderna rose by 13.18%, Zimmer Biomet Holdings Inc rose by 13.15%, Stanley Company of America rose by 13.01%, and CDW Corporation rose by 12.73%.
In terms of the "Seven Sisters," Microsoft rose by 6.71%, Amazon by 6.19%, Apple by 5.32%, Google by 3.27%, Meta Platforms by 1.43%, NVIDIA fell by 3.17%, and Tesla fell by 3.32%.
On a weekly basis, the Dow Jones Industrial Average fell by 1.26%, the S&P 500 Index declined by 0.27%, while the Nasdaq Composite Index rose by 0.45%.
The Institute for Supply Management (ISM) of the United States announced that the Manufacturing Purchasing Managers Index in September was 54.5, slightly lower than 54.6 in August, and remained in the expansionary range for the ninth consecutive month.
At the recent mid-term performance meeting held by CICC, the progress of the restructuring became an important concern for investors.
In the second quarter, Ctrip's international platform revenue increased by over 50% year-on-year, and inbound tourism revenue continued to achieve high double-digit growth on the previously high base.
