Bloomberg

• Close: technology stocks rise, the Nasdaq is close to an all-time high

U. S. stocks closed mixed on Thursday, with the Dow falling for a second day in a row and technology stocks generally higher, pushing the Nasdaq close to an all-time high. The Dow fell 0.62%, the Nasdaq rose 0.87%, and the S & P 500 fell 0.04%.

On Wednesday, the Fed raised its growth and inflation expectations and hinted that it would raise interest rates twice by the end of 2023. First-time claims for unemployment benefits in the US rose to 412000 last week, higher than market expectations.

Dave Mazza, managing director and product director of Direxion, saidEconomic development and accelerating inflation have a positive impact on technology stocks and even small-cap stocks in the long run, and are positive for the economy as a whole.

• Today, we welcome the second "four Wizards Day" of the year, and the volatility of the market has attracted attention.

The Fed made hawkish remarks, and the stock market was relatively calm the next day. Some Wall Street strategies warn investors not to be overly optimistic.

This Friday is the second "four Witch Day" of the year, when a large number of U. S. stock options will expire at the same time. Goldman Sachs and Nomura said the expiration of a large number of options related to the S & P 500 could cause market volatility.

Charlie McElligott of Nomura Securities points out thatThe current extremely low real volatility of the market and the expiration of a large number of call gamma options is dangerous, that is, once the position is collectively closed, the real volatility may recover instantly.

Wall Street Journal

• SEC launches investigation into former Chairman of US Accounting Oversight Board

The Securities and Exchange Commission (SEC) is investigating William Duhnke, the recently sacked chairman of the audit industry oversight committee, according to people familiar with the matter.

The main direction of SEC's investigation is whether Duhnke has committed any irregularities in handling internal complaints. Duhnke, a former senior Republican congressional aide, was appointed by SEC in December 2017 and was removed from his post as chairman of the Public companies Accounting Oversight Board two weeks ago. The regulator oversees accounting firms that audit listed companies in the United States.

• The United States will invest more than $3 billion to develop new coronal antiviral drugs

The Biden government will invest more than $3 billion in developing and producing antiviral drugs to treat novel coronavirus, the U.S. Department of Health and Human Services said on Thursday.

Dr. Fauci said that new antiviral drugs that can prevent COVID-19 's illness and death, especially those that can be taken at home in the early stages of the disease, will be a powerful tool to fight the epidemic and save lives.

Fauci said the investment would accelerate clinical trials of some antiviral drugs, which are expected to be approved by the end of the year.

CNBC

• The Federal Reserve turns to the Eagle, and hedge fund legend Tepper is still optimistic about the stock market.

Hedge fund legend David Tepper (David Tepper) thinksDespite the advance of the Fed's time frame for raising interest rates, the stock market is still good.I think the stock market is still good at the moment.

Tepper saidThe Fed is doing well, which shows that policymakers are not confused at the critical moment.Tepper believes that the Fed may not start reducing QE until later this year. 'when that happens, it will be a good sign that the economy is in a very good position,'he said.

About a week before the Fed's March meeting, Mr Tepper said it was hard to be bearish on stocks and thought the sell-off in US Treasuries, which pushed yields higher, might be over. The performance of the stock market three months later proved that he was right on both fronts.

• DBS Bank's CEO:ESG investment has both long-term and short-term value.

Piyush Gupta, chief executive of DBS Bank Group, Singapore's largest bank, said such investments could yield good returns as the "capital tsunami" flows into sustainable assets.

The fact is that a lot of money is being used to invest in ESG. Even if the basic value of the asset does not rise, the supply-demand equation still exists.

-Gupta

In response to a question about whether sustainable investment is just a short-term trend or a long-term strategy, the chief executive said that either way, the investment is likely to pay off handsomely.

Financial Times

• Rumor has it that eBay plans to sell 80 per cent of its South Korean business for $3.1 billion

According to people familiar with the matter$eBay (EBAY.US) $It plans to sell its South Korean business to a local consortium for $3.1 billion.

The consortium, made up of E-Mart, South Korea's largest brick-and-mortar retailer, and Naver, the internet group, will acquire an 80 per cent stake in eBay's South Korean operations, with eBay retaining the rest.

The acquisition could help the consortium surpass the fast-growing$Coupang Inc (CPNG.US) $. In March, Coupang raised $4.6 billion in an IPO in New York, making it the largest player in South Korea's highly competitive e-commerce market. Softbank Corp., a Japanese technology group, is a big investor in Coupang.

Ebay South Korea is the third largest e-commerce platform in South Korea, with a market share of 13 per cent last year, according to research firm Euromonitor. Transaction volume on its three main platforms, Gmarket, Auction and G9, reached 20 trillion won last year, according to Meritz Securities.

• The prospect of raising interest rates by the Federal Reserve pushes the dollar higher.

Fed officials sent the clearest signal yet that they planned to phase out QE monetary policy, pushing bond yields and the dollar sharply higher.

When U.S. stocks closed on Thursday, the dollar index closed close to 91.94, up nearly 0.9% on the day, refreshing Wednesday's biggest gain in a year. The Bloomberg dollar spot index rose 0.6%, up five days in a row, the longest straight day since March 23 last year, and the biggest two-day gain since March last year, and rose 0.8% on Wednesday, the biggest gain in a year.

Follow this week

Today's focus:$everything born (Love Recycling) (RERE.US) $be listed

The above is the headline breakfast of today's foreign media. We sincerely invite you to enjoy it and enjoy your investment.