▶ The closing market conditions of the global stock market on June 21
Dow (+2.15%) Nasdaq (+2.51%) S&P (+2.45%)
Shanghai (-0.26%) Shenzhen (-0.51%) Hang Seng (+1.87%)
- U.S. stocks rise on tech stocks
- Large technology stocks such as Apple (AAPL), Tesla (TSLA), and Nvidia (NVDA) rose all at once, and the three major US indices recorded strong gains.
- Experts analyzed the recent decline in the stock market as a technical rebound, and noted that concerns about a short-term recession due to interest rate hikes still exist.
- Existing home sales in the US recorded 5.41 million in May, down 3.4% from the previous month. Although in line with expectations (5.4 million cases), the housing market is expected to shrink as the loan burden increases due to the base rate hike
- As for characteristic stocks, Kellogg's (K) rose 1.95% due to the announcement of its spin-off into three companies. CEO Cahill Lane announced that it would realign the strategic priorities of the business through spin-off
- Chinese stocks record mixed results despite strong real estate stocks
- Beijing government's real estate industry support policy and new housing transaction area last week compared to the previous week