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On Friday, October 18th local time, the three major indexes of the US stock market collectively closed higher, with the Dow Jones Industrial Average and the S&P 500 index reaching new historical highs. Netflix's strong financial report boosted market sentiment.
As of the close, the Dow Jones Industrial Average rose 0.09% to 43275.91 points; The Nasdaq rose 0.63% to 18489.55 points; The S&P 500 index rose 0.40% to 5864.67 points.
Most technology stocks rose, with Apple Inc.'s stock price closing up 1.2% at $235 per share, setting a new closing record high with a new market value of approximately $3.57 trillion; Netflix's net profit in the third quarter increased by over 40% year-on-year, with its stock price rising by 11% to a historic high and its market value reaching $327.8 billion.
The overall performance of Chinese concept stocks is better than that of the US stock market, with the Nasdaq China Golden Dragon Index closing up 3% at 6959.95 points. Alibaba, JD.com, Baidu, Tencent Music rose over 2%, NetEase and BeiGene rose over 3%, Ctrip rose over 5%, Beike rose over 8%, Ideal Auto rose over 6%, NIO rose over 1%, and Xiaopeng Motors rose over 2%.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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