Current location - Music Encyclopedia - Today in History - Oil prices hit a record again! It's up 88% this time! What deserves more attention is the price of silver.
Oil prices hit a record again! It's up 88% this time! What deserves more attention is the price of silver.
US stocks generally rose in May, and investors are still worried about the second wave of epidemic.

On Friday, US time, although the Dow Jones Industrial Average was basically flat, you can feel the ups and downs of Friday's trading day from the trading chart. At the close, the Dow fell slightly by 0.07%, which was basically flat. The Standard & Poor's 500 Index rose slightly by 0.48%, and the Nasdaq Composite Index weighted by technology stocks rose by 1.29%, showing the strength of technology stocks.

At the same time, Friday is not only the last trading day of this week, but also the last trading day of May. This week, due to the economic restart in various parts of the United States, the Dow and the Standard & Poor's 500 Index rose strongly, both by about 3%, making the Dow rise by 4.2% and S&P by 4.5% in May. The Nasdaq rose 1.7% this week, with a cumulative increase of 6.7% in May.

Regarding the future trend, Mike Katz, a partner of Seven Points Capital in the United States, said that the market had correctly predicted the peak of the COVID-19 epidemic, and the US stock market was heading for a new high before the epidemic. However, Katz also warned that if the second wave of epidemic in the United States worsens, the current stock market valuation will be changed, and US stocks will still face downward pressure.

European stocks fell on Friday, and Europe will further open its economic activities next week.

On Friday, European stock markets generally fell. Germany's DAX index fell 1.65%, Britain's FTSE 100 index fell 2.29%, France's CAC index fell 1.59%, and the pan-European Stoxx 600 index fell 1.44%. However, the Pan-European Stoxx 600 index still rose by 3% in May, achieving a monthly increase for the second consecutive month.

In May, WTI oil price hit the biggest monthly increase in history, and silver may face a strong rebound.