Popular Chinese concept stocks had mixed gains on Friday. The Nasdaq China Golden Dragon Index (HXC) closed up 0.6%.
Among the rising stocks (in descending order of market value), TSMC rose 1.54%. Pinduoduo rose 2.28%. Alibaba rose 1.44%. NetEase rose 1.15%. Ctrip rose 1.99%. Chunghwa Telecom rose 0.52%. Tencent Music rose 0.97%. United Microelectronics rose 0.61%. Beike rose 2.06%. Zhongtong rose 1.28%. BeiGene rose 1.11%. New Oriental rose 1.76%. Huazhu Hotel Group rose 1.96%. Weilai rose 3.95%. BOSS Zhipin rose 0.69%. Xiaopeng Automobile rose 1.67%. Miniso rose 1.08%. WSP Holdings rose 1.30%. Ji Krypton rose 2.19%. Autohome rose 0.32%.
Among the falling stocks (in descending order of market value), JD.com fell 1.68%, Baidu fell 1.59%, ASE Semiconductor fell 4.80%, Li Auto fell 0.61%, Futu Holdings fell 0.33%, Manbang fell 0.96%, and Vipshop fell 0.84 %. Bilibili fell 5.16%. iQiyi fell 1.96%.
U.S. stocks closed higher on Friday. All three major stock indexes recorded gains this week.
The market led the expansion of rising sectors. Home Depot and Caterpillar participated in pushing the Dow Jones Industrial Average higher.
The U.S. PPI increased by 0.2% month-on-month in June, slightly higher than market expectations.
Investors are paying attention to financial industry earnings reports and recent signs of sector rotation.
The Dow rose 247.15 points, or 0.62%, to 40,000.90 points; the Nasdaq rose 115.04 points, or 0.63%, to 18,398.45 points; the S&P 500 rose 30.81 points, or 0.55%, to 5,615.35 points.
All three major U.S. stock indexes recorded gains this week. The Dow rose 1.59% for the week. The Nasdaq rose 0.63%. The S&P 500 rose 0.55%.
List of Chinese concept stocks leading the gains: List of Chinese concept stocks leading the decline: (Screenshots from Sina Finance APP Quotes – US Stocks – Popular Sections of Chinese Concept Stocks) Download Sina Finance APP
Popular Chinese concept stocks were mixed on Friday. TSMC rose 1.5%, Alibaba rose 1.4%, and JD.com fell 1.7%.
Popular Chinese concept stocks had mixed gains on Friday, with the Nasdaq China Golden Dragon Index (HXC) closing up 0.6%
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Closing: U.S. stocks closed higher on Friday as the market focused on inflation data and the prospect of the Federal Reserve cutting interest rates this week.
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