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6 CONSECUTIVE INCREASES! THE NASDAQ HAS SET A RECORD FOR THE LONGEST CONSECUTIVE RISE OF THE YEAR

ON MAY 12TH, CHINA NEWS SERVICE REPORTED THAT THE US STOCK MARKET CLOSED WITH MIXED GAINS AND LOSSES ON MONDAY, WITH THE NASDAQ CLOSING HIGHER FOR THE SIXTH CONSECUTIVE TRADING DAY, SETTING A RECORD FOR THE LONGEST CONSECUTIVE RISE OF THE YEAR. LARGE TECH STOCKS IN THE UNITED STATES COLLECTIVELY ROSE, WHILE POPULAR CHINESE CONCEPT STOCKS FLUCTUATED IN THEIR GAINS AND LOSSES.ON MAY 11TH AT 4:00 PM EASTERN TIME (MAY 12TH AT 4:00 PM BEIJING TIME), THE S&P 500 INDEX CLOSED UP 0.39 POINTS, OR 0.01%, AT 2930.19 POINTS; THE DOW JONES INDUSTRIAL AVERAGE CLOSED DOWN 109.33 POINTS, OR 0.45%, AT 24221.99 POINTS; THE NASDAQ CLOSED UP 71.02 POINTS, OR 0.78%, AT 9192.34 POINTS.LARGE TECH STOCKS IN THE UNITED STATES COLLECTIVELY ROSE, WITH APPLE UP 1.57%, AMAZON UP 1.24%, NETFLIX SOARING 1.14%, GOOGLE UP 1.39%, FACEBOOK UP 0.39%, AND MICROSOFT UP 1.12%.US FINANCIAL STOCKS FELL ACROSS THE BOARD, WITH JPMORGAN CHASE DOWN 2.98%, GOLDMAN SACHS DOWN 1.17%, CITIGROUP DOWN 4.9%, MORGAN STANLEY DOWN 0.65%, BANK OF AMERICA DOWN 4.24%, WELLS FARGO DOWN 2.6%, AND BERKSHIRE HATHAWAY DOWN 0.86%.US ENERGY STOCKS FELL ACROSS THE BOARD, WITH EXXONMOBIL FALLING 0.95%, CHEVRON FALLING 2.18%, CONOCOPHILLIPS FALLING 1.83%, SCHLUMBERGER FALLING 3.77%, AND EOG ENERGY FALLING 3.07%.POPULAR CHINESE CONCEPT STOCKS HAVE FLUCTUATED, WITH ALIBABA UP 2.08%, JD.COM DOWN 0.13%, AND BAIDU DOWN 0.22%; MEIMEI SECURITIES FELL 11.36%, JIANAN TECHNOLOGY FELL 8.49%, XINRUFU FELL 8.24%, THUNDER FELL 7.61%, AND LEARN FROM WHO FELL 5.6%; ZHENGKANG INTERNATIONAL ROSE 26.32%, LEXIN ROSE 17.04%, SIKU ROSE 16.34%, 360 FINANCIAL ROSE 9.53%, AND XIANGGUO INTERNATIONAL ROSE 9.17%.THIS WEEK, A LARGE AMOUNT OF DATA WILL BE RELEASED IN THE UNITED STATES, INCLUDING APRIL RETAIL SALES, INDUSTRIAL PRODUCTION, AND INFLATION RATES.ACCORDING TO DATA FROM THE WEBSITE OF THE US BUREAU OF LABOR STATISTICS, THE CHANGE IN NON FARM EMPLOYMENT IN APRIL WAS REVISED FROM A DECREASE OF 20.5 MILLION TO A DECREASE OF 20.537 MILLION; REVISED FROM A DECREASE OF 870000 IN MARCH TO A DECREASE OF 881000; IN FEBRUARY, IT WAS REVISED FROM AN INCREASE OF 230000 TO AN INCREASE OF 251000.PRIOR TO THIS, THE US DEPARTMENT OF LABOR ANNOUNCED LAST FRIDAY THAT NON FARM PAYROLL EMPLOYMENT IN APRIL DECREASED BY 20.5 MILLION, THE LARGEST DECLINE SINCE RECORDS BEGAN IN 1939, WITH AN ESTIMATED DECREASE OF 22 MILLION PEOPLE, COMPARED TO A PREVIOUS DECREASE OF 701000 PEOPLE. THE UNEMPLOYMENT RATE HAS REACHED 14.7%, JUMPING TO A HISTORIC HIGH. JUST TWO MONTHS AGO, THE UNEMPLOYMENT RATE IN FEBRUARY IN THE UNITED STATES WAS STILL AT A 50 YEAR LOW.IN TERMS OF NEWS, REUTERS REPORTED THAT TESLA TOLD EMPLOYEES OF ITS CALIFORNIA AUTO FACTORY TO RETURN TO WORK ON MONDAY. A FEW DAYS AGO, LOCAL OFFICIALS SAID THAT THE FACTORY SHOULD CONTINUE TO CLOSE, BECAUSE THE BLOCKADE MEASURES ARE STILL EFFECTIVE TO CURB THE SPREAD OF COVID-19.IN TERMS OF EUROPEAN STOCKS, THE THREE MAJOR EUROPEAN STOCK INDEXES FLUCTUATED ON THE 11TH. THE LONDON STOCK EXCHANGE'S FINANCIAL TIMES 100 STOCK AVERAGE PRICE INDEX CLOSED AT 5939.73 POINTS, UP 3.75 POINTS, OR 0.06%. THE CAC40 INDEX OF THE PARIS STOCK MARKET CLOSED AT 4490.22 POINTS, DOWN 59.42 POINTS, OR 1.31%. THE DAX INDEX OF THE FRANKFURT STOCK MARKET IN GERMANY FELL 79.49 POINTS, A DECREASE OF 0.73%, AND CLOSED AT 10824.99 POINTS.IN TERMS OF INTERNATIONAL OIL PRICES, NEW YORK OIL PRICES FELL ON THE 11TH, AND THE PRICE OF NEW YORK LIGHT CRUDE OIL FUTURES FOR DELIVERY IN JUNE FELL BY 60 CENTS, CLOSING AT $24.14 PER BARREL.IN TERMS OF GOLD, THE MOST ACTIVE JUNE GOLD FUTURES MARKET ON THE NEW YORK MERCANTILE EXCHANGE FELL $15.9 FROM THE PREVIOUS TRADING DAY ON THE 11TH, CLOSING AT $1698 PER OUNCE, A DECREASE OF 0.93%.