On September 27, take a look at today's hot financial news and the US stock market.
The Dow Jones Industrial Average fell 388.00 points, or 1.14%, to 33,618.88. The Nasdaq index fell 1.57%, or 207.71 points, to 13,063.61. The S&P 500 fell 1.47 per cent, or 63.91 points, to 4273.53.
Among them, large technology stocks fell, including Amazon fell more than 4%. The Federal Trade Commission (FTC) and attorneys general from 17 states filed a sweeping complaint in federal court in Seattle accusing Amazon of using its "monopoly power" to undermine competition by driving up prices, lowering quality for consumers and illegally excluding competitors.
In addition, Apple fell more than 2%, Google A, Microsoft fell nearly 2%, Tesla, Intel, Netflix fell more than 1%, Nvidia, Facebook parent company Meta fell slightly.
Among popular Chinese stocks, the NASDAQ China Golden Dragon Index fell 0.85%. In terms of increase, Huya live rose 11.64%, on the news, recently, the National Press and Publication Administration released approval information for domestic online games in September, a total of 89 games were approved, of which Huya's game "Dragon and Home: Time" is listed. In addition, Zhihu rose 9.41%, Good Future rose 7.24%, Jinko Energy rose 5.16%, and Qudian rose 3.79%. Nio and iQiyi rose slightly.
In terms of decline, Bit Xiao-Lu fell 15.06%, can chain smart electricity fell 5.34%, 21Vianet fell 5.13%, Yigatong Technology fell 4.99%, BOSS Direct pin fell 4.37%, Pinjoduo, Xiaopeng Automobile, Jingdong fell more than 2%, Ideal Car, Alibaba, Weibo fell more than 1%, Futu Holdings, Baidu, NetEase, Manbang, Bilibili, Vipshop, Tencent Music slightly down.
Moody's warned that a government shutdown could jeopardize the top credit rating of the United States
Meanwhile, investors are keeping a close eye on the risk of a U.S. government shutdown. Budget talks are still underway in Washington, where lawmakers hope to avoid a government shutdown, but it could happen as early as October 1 if Congress cannot agree on a budget spending bill.
Following Fitch's downgrade of the United States by one notch due to the debt ceiling crisis last month, another international rating agency Moody's said on the 25th that if the US government fails to pass a spending bill before the end of the month and the shutdown will have a negative impact on the US credit rating. Moody's is currently the only major international credit rating agency to give the United States a top credit rating.
"Fiscal policymaking in the US is less robust than in many other AAA-rated countries, and another government shutdown would be further evidence of this weakness," Moody's said in a statement.
In economic data, while households were generally optimistic about the labor market, the U.S. consumer confidence index fell to a four-month low in September amid persistent concerns about rising inflation and growing fears of a recession.
The Conference Board's consumer confidence index (CCI) fell to 103 in September, the lowest level since May, according to data released on the 26th. It was revised up to 108.7 from 106.1. The decline in consumer confidence was evident across all age groups, but particularly among consumers with household incomes above $50,000.
Beijing Lianjia announced the adjustment of intermediary fees charging standards
Beijing second-hand housing market reappears heavy news. Beijing Lianjia announced the adjustment of the agent fee fee standard, from 2.7% of the total price of housing transactions to 2%. At the same time, the fee model will be changed from unilateral commission to bilateral commission, with each buyer and seller bearing 1%. Industry insiders believe that it is expected that the adjustment of other enterprises and cities will also follow the principle of "one city, one policy" and adjust according to the company's own situation.
The Shanghai, Shenzhen and North Stock Exchanges further regulated the behavior of share reduction
In order to implement the regulatory requirements of the CSRC on "Further regulating the behavior of Share reduction", on September 26, the Shanghai and Shenzhen Stock Exchanges officially issued the Notice on Matters related to Further regulating the behavior of share reduction ", which mentioned that listed companies have broken or broken the net situation. Or if no cash dividend has been paid in the last three years, or the cumulative cash dividend amount is less than 30% of the average annual net profit of the last three years (hereinafter referred to as the dividend is not up to standard), the controlling shareholder and the actual controller shall not reduce the shares of the Company through the secondary market. On the same day, the Beijing Stock Exchange revised the "Guidance on the Continuous Supervision of Listed Companies on the Beijing Stock Exchange No. 8 - Share Reduction and Shareholding Management".
Five ministries and commissions: Strive to exceed 1 trillion yuan in the key areas of safety emergency equipment industry by 2025
Recently, five departments, including the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Finance, and the Ministry of Emergency Management, jointly issued the Action Plan for the Development of Key Areas of Safety Emergency Equipment (2023-2025). The "action plan" proposes that by 2025, the industrial scale of key areas of safety emergency equipment will exceed 1 trillion yuan, more than 10 internationally competitive safety emergency equipment leading enterprises will be formed, more than 50 key backbone enterprises with core technology advantages will be formed, and about 50 national safety emergency industry demonstration bases (including founding units) will be developed. Its supporting role in disaster prevention, mitigation and relief and the handling of major public emergencies has been significantly enhanced.
Chengdu Housing and Construction Bureau: Optimize and adjust the housing purchase restriction measures
Recently, Chengdu Municipal Housing and Construction Bureau issued the Notice on Further Optimizing Policies and Measures to Promote the Steady and Healthy Development of the Real Estate Market, adjusting the housing purchase restriction measures. The direct administration area of Tianfu New District in Sichuan, the Southern Park of Chengdu High-tech Zone, Jinjiang District, Qingyang District, Jinniu District, Wuhou District and Chenghua District continue to implement housing purchase restrictions and are unified into one purchase restriction area. Other areas no longer review eligibility. In the scope of the restricted purchase area, the purchase of more than 144 square meters (excluding 144 square meters) of housing, no longer review the purchase qualification, to better meet the needs of residents to improve housing.