The three major stock indices in the New York stock market declined.
As of the close of the day, the Dow Jones Industrial Average fell 670.25 points compared to the previous trading day, closing at 42,520.99 points, with a decline of 1.55%; the S&P 500 Index fell 71.57 points, closing at 5,778.15 points, with a decline of 1.22%; the Nasdaq Composite Index fell 65.03 points, closing at 18,285.16 points, with a decline of 0.35%.
The three major stock indices in Europe all declined.
The FTSE 100 Index of the London Stock Exchange in the UK closed at 8,759.00 points on the 4th, falling 112.31 points compared to the previous trading day, with a decline of 1.27%.
The Nikkei 225 Index of the Tokyo Stock Exchange in Japan closed at 37,331, with a decline of 1.20%; the Hang Seng Index (HSI) in Hong Kong closed at 22,941.77, with a decline of 0.28%; the Kuala Lumpur Composite Index (KLCI) in Malaysia closed at 1,555.66, with a decline of 1.00%; the Straits Times Index (STI) in Singapore closed at 3,890.76, with a decline of 0.46%; the Jakarta Composite Index (IDX Composite) in Indonesia closed at 6,380.40, with a decline of 2.14%.
- 【Goldman Sachs Plans to Cut 3% to 5% of Staff, Targeting Vice President Level】Goldman Sachs is preparing for its annual staff layoffs, and the focus of this round of layoffs is on vice president level employees.
- 【Apple Launches iPad Air with M3 Chip and New Magic Keyboard, Starting at $599】$AAPL Apple announced that customers can pre-order the iPad Air equipped with the powerful M3 chip and the Magic Keyboard, and the products will be available starting from March 12.
- 【OpenAI Launches NextGenAI, Committed to Accelerating Scientific Research Breakthroughs and Educational Transformation】OpenAI has newly launched NextGenAI. NextGenAI is a pioneering alliance composed of 15 leading research institutions, committed to using artificial intelligence to accelerate scientific research breakthroughs and transform education.
- 【CK Hutchison Holdings Limited Plans to Sell the Majority Stake of Panama Ports Company (PPC) to the BlackRock-TiL Consortium】CK Hutchison Holdings Limited announced on the Hong Kong Stock Exchange that the company reached a principle agreement with the BlackRock-TiL Consortium on March 4 regarding the sale of Hutchison Ports' 90% equity in Panama Ports Company.
- 【The US Dollar Suffers Its Worst Decline Since 2023, and Its Safe-Haven Status May Be Impacted】After US President Trump announced the imposition of tariffs on Mexico and Canada, the US dollar experienced its worst two-day decline since 2023, and the market trend was completely opposite to expectations. More worryingly, the status of the US dollar as a global safe-haven asset may be gradually weakening.
- 【President of the New York Federal Reserve: Tariffs Are Expected to Push Up Prices, and There Is No Need to Adjust Monetary Policy Immediately】New York Federal Reserve President Williams said on Tuesday that when making economic forecasts, he has taken into account the tariff policies implemented by US President Trump and expects prices to rise in the near future.
- 【The International Monetary Fund Demands New Bitcoin Restrictions on El Salvador, Including Ending BTC Purchases with Public Funds】
The International Monetary Fund (IMF) is attempting to impose strict restrictions on El Salvador as part of a $1.4 billion loan agreement, targeting the country's controversial Bitcoin (BTC) adoption strategy.Under the new conditions in the IMF's staff country report, El Salvador must stop public sector acquisitions of BTC, dissolve the FIDEBITCOIN trust fund before July 2025, and cease the operation of its Chivo Wallet system.
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