As investors are worried about the outlook of the U.S. economy, as of June 9, the three major U.S. stock indexes have all recorded losses this week, with the Nasdaq down 2.15%, the Dow down 1.91%, and the S&P 500 down 2.21% .
As of Thursday, Chinese concept stocks have performed well this week, with $ Didi (DIDI.US) $ up more than 27%, $Alibaba (BABA.US) $ up nearly 18%, $ Pinduoduo ( PDD.US) rose more than 15%, and Ideal Motors (LI.US) rose more than 12%.
The energy sector is still strong, with $HF Sinclair Corp (DINO.US) $ up nearly 9% and up nearly 77% this year; $Woodside Energy (WDS.US) $ up over 8%, up over 64% during the year. Goldman Sachs, the “commodity flag-bearer”, said again that the energy super cycle is still in the early stage, and the entire duration may exceed ten years.
In addition, “Southeast Asia Didi” $Grab Holdings (GRAB.US)$ has risen by more than 13%. On the news, the company announced that it will provide enterprises with map and location-based services, aiming to promote the company’s early profitability.
On the other hand, the weaker stocks this week were as follows:
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