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13:38
Significant Increase in Auto Production Drives Accelerated Growth in U.S. Industrial Output for April
Golden Ten Data reported on May 15 that U.S. factory output accelerated in April, with a significant increase in automobile production, suggesting the manufacturing sector retains resilience. However, supply chain disruptions caused by the Iran war continue to cast a shadow over the industry's outlook. According to data from the Federal Reserve, manufacturing output rose 0.6% in April compared to the previous month, with March figures revised up to a 0.1% increase. Economists surveyed by Reuters had expected output to rebound 0.2% in April after a previously reported 0.1% decline in March. Year-on-year, factory output increased by 1.3% in April, with automobile manufacturing output growing by 3.7%, serving as the main driving force.
13:37
All three major U.S. stock indexes open lower, chip stocks collectively decline
Jinse Finance reported on May 15 that the three major U.S. stock indexes opened lower collectively. The Dow Jones Industrial Average fell by 0.66%, the S&P 500 Index dropped by 0.89%, and the Nasdaq Composite Index decreased by 1.33%. Chip stocks experienced a broad decline, with Intel and Micron Technology both falling over 5%, and NVIDIA dropping more than 2%. On the news front, escalating labor strikes at Samsung have sparked market concerns.
13:37
US Stock Market Opens: Cryptocurrency-related Stocks Experience Widespread Decline, CRCL Drops Over 7%
BlockBeats News, May 15th, according to Bitget market data, at the opening of the US stock market, the Dow Jones fell by 0.81%, the S&P 500 fell by 1.09%, and the Nasdaq fell by 1.59%. Crypto-related stocks also experienced a widespread decline, with the following notable changes: Circle (CRCL) down 7.09%; Sharplink (SBET) down 6.92%; MARA Holdings (MARA) down 5.79%; Riot Platforms (RIOT) down 4.31%; Bitmine (BMNR) down 4.23%; an exchange (COIN) down 4.00%; Bullish (BLSH) down 3.97%.
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