In the early morning of the 22nd Beijing time, US stocks closed higher on Wednesday. The three major stock indexes rebounded for the second day in a row and completely erased Monday's losses. Coca-Cola Company and Johnson & Johnson, constituent stocks of the Dow, reported beautiful results, boosting market confidence.

The Dow rose 286.01 points, or 0.83%, to 34798.00; the Nasdaq rose 133.08 points, or 0.92%, to 14631.95; and the S & P 500 rose 35.63 points, or 0.82%, to 4358.69.

The index closed down 725 points, the biggest daily decline in eight months. But U. S. stocks rebounded on Tuesday, with the Dow up 550 points. The three major indexes of US stocks rose for the second day in a row on Wednesday, and by the end of the day, the huge losses suffered on Monday had been completely erased.

"after Monday's plunge, Tuesday was a textbook oversold rebound," Sevens Report Research analyst Thomas Essaye said in a report on Wednesday. However, in addition to short-term volatility, for value and cyclical stocks to regain leadership, we also need to see government bond yields bottoming out and economic growth exceeding expectations. We think both of these things will happen. "

The US bond market, especially the yield on 10-year Treasuries, is increasing stock market volatility. On Wednesday, the yield on 10-year Treasuries continued to rebound, rising 7 basis points to 1.287 per cent. The yield fell to a five-month low on Monday and rebounded on Tuesday. Investors are worried that the decline in Treasury yields suggests that the economy may slow because of the rapid spread of the Delta mutation and the possibility that the Fed may make a mistake.

Those sectors that are expected to benefit most from the reopening of the economy continued to rise on Wednesday, extending Tuesday's rebound momentum. The carnival rose by more than 9%. Las Vegas Sands rose more than 3%.

Apple Inc, the champion of US stock turnover, closed down 0.5% on Wednesday with a turnover of US $10.89 billion. According to media reports, Apple Inc will launch a 5G mobile phone for the inexpensive market as soon as early next year. All iPhone released by Apple Inc from 2022 will support 5G, while the next generation of iPhone SE will be available as early as the first half of 2022, with Qualcomm Inc Snapdragon X60 modem to support 5G connectivity, according to people familiar with the matter.

In second place was Moderna Inc, who just joined the s & p 500. its shares closed up 4.5%, with a turnover of $9.59 billion. The stock has risen 180% so far this year.

In third place, Tesla, Inc. Company closed down 0.8%, with a turnover of US $9.16 billion. Tesla, Inc. CEO Musk said on Wednesday that Tesla, Inc. is likely to accept bitcoin payments again. He also said that in addition to the bitcoin owned by Tesla, Inc. and SpaceX, he also owns bitcoin, ethernet square and dog coin.

The fifth place, Invida, closed 4.3% higher, with a turnover of $7.14 billion. The company split its shares at 1:4 yesterday, which attracts more investors, increases trading volume and liquidity and is often seen by the investing public as a sign that management is bullish on the price in the future.

In seventh place, the AMC cinema chain closed down 5.4% to a turnover of US $6.8 billion. AMC Cinema announced on Wednesday the appointment of CEO Adam Aron as chairman of the company's board of directors.

Eighth place Netflix closed down 3.3%, with a turnover of US $6.1 billion. Netflix released a disappointing third-quarter subscriber forecast after Tuesday's close. The streaming giant said it expected to have 3.5 million net subscribers in the third quarter, nearly 2 million below analysts' expectations. The company also reported lower-than-expected earnings.

In 11th place, NIO Inc. 's car closed 5.9% higher, with a turnover of US $2.77 billion. NIO Inc. officially released a personalized seat comfort experience program on July 21, offering four optional adjustment schemes for ES8 users, ES6 users and EC6 users. The price of a single project ranges from 200 yuan to 1000 yuan.

The 14th AMD closed 2.6% higher, with a transaction of $2.6 billion. AMD will release its Q2 quarterly results on July 27, and analysts generally expect its quarterly results to be strong, surpassing the previously announced revenue guidance. In the second quarter, the average ASP price of AMD's Ruilong, Xiaolong and Radeon graphics cards rose, and gross profit margins are expected to reach a record 48 per cent.

Chipotle, the 16th Mexican restaurant chain, closed 11.5% higher with a turnover of $2.43 billion. Revenue for the second quarter was $1.9 billion, up 38.7% from a year earlier, and adjusted diluted earnings per share were $7.46, compared with $0.40 a year earlier.

Chembio Diagnostics, the 18th diagnostic testing company, closed up nearly 160% with a turnover of $2.28 billion, with a market capitalization of only $108 million. The company reported a 25% increase in revenue in the second quarter.

The following are the stocks with the highest trading volume on the day (by turnover):

Edit / Niki