The Dow approached 26,000 points, and US stocks rose across the board! Ruixing plunged by nearly 20%

As of press time, the Dow rose 11.09 points to 25882.55 points, an increase of 0.04%; the Nasdaq rose 29.58 points to 9975.70 points, an increase of 0.3%;
S&P 500
The index rose 1.96 points to 3099.70 points, an increase of 0.06%. The technology sector led the rise, while the medical sector led the decline.
Oil prices fell slightly, as the surge in new U.S. crown cases triggered investors’ concerns about the prospects for crude oil demand. WTI crude oil futures fell 0.3% to $39.72 per barrel. Brent crude oil futures fell 0.3% to $42.06 per barrel.
The price of gold hit a new high of more than a month. The surge in confirmed cases of new crowns around the world has caused the market to worry that the global economic recovery will be delayed. US COMEX gold futures rose 1% to $1770.10 per ounce. The US dollar index fell 0.3% to 97.33.
More than 2.26 million cases of new coronary pneumonia were diagnosed in the United States, and nearly 100,000 confirmed cases in Florida became the new epicenter
According to the statistics of Johns Hopkins University in the United States, as of 17:00 June 21st, Eastern Time (05:00, Beijing time, 22nd), there were more than 2.26 million confirmed cases of new coronary pneumonia in the United States, reaching 2,269,463 deaths The number of cases exceeded 119,000, reaching 119,921. On the previous day (20th), there were 22,243 new cases and 370 deaths.
According to Bloomberg News, June 21, local time, Florida, the United States reported a total of 97,291 confirmed cases of new coronary pneumonia, an increase of 3,494 cases from the previous day. Florida has seen a 3.7% increase in cases over the past day, compared with an average increase of 3.5% in the first 7 days. The death toll of the state’s residents has reached 3161, an increase of 0.5% from the previous day. Florida reported on the 20th the highest record of 4,049 new cases in a single day.
Many experts said that as the highest proportion of the elderly population in the United States, Florida may become the epicenter of the new epidemic.
Data compiled by Johns Hopkins University shows that the United States reported more than 30,000 coronavirus cases last Friday, the highest number of one-day infections diagnosed since May 1. Nevada, Florida, California and Arizona also reported record single-day infection rates.
Fed expands bond purchase scope from ETF to single
Corporate debt
Last week, the Federal Reserve announced an update to the secondary market corporate credit facility (SMCCF), which will begin to purchase a broad and diversified corporate bond portfolio to support market liquidity and credit availability for large employers.
This will be the first time the Fed bought a single corporate bond in the secondary market during this crisis, after the Fed only bought corporate bond ETFs. The Federal Reserve announced that SMCCF will purchase corporate bonds to create a corporate bond portfolio based on a broad and diversified US corporate bond market index. The index consists of all bonds issued by US companies on the secondary market, which meet the agency’s minimum rating, maximum maturity, and other criteria.
The corporate bond purchase tool is one of nine emergency loan plans announced by the Federal Reserve in response to the economic impact of the new crown epidemic since mid-March. To date, this $250 billion instrument has invested about $5.5 billion in corporate bond ETFs.
US retail sales surged 17.7% in May! Set the largest monthly increase in history
According to data released by the US Department of Commerce on the 16th, retail sales in May increased by 17.7% from April. This data is not only more than double the economist’s estimate (8.2%), but also the highest monthly increase since 1992.
It is not surprising that the US retail sales rebounded in May, which is actually not surprising. American media believes that this only means that after the blockade of the epidemic period, Americans began to re-consume, and the states are gradually restarting the economy. The so-called “rebound” is also compared to the decline in the previous two months, with retail sales falling by 8.3% in March and 14.7% in April.
“As the nationwide blockade is lifted, consumer spending should begin to recover in May. However, the recovery will only be gradual because the reopening is carried out in stages and consumer behavior has changed. The confidence remains In a downturn and damaged job market, consumption may take years