Use wechat scan QR code < / P > < p > to share with friends and circle of friends < / P > < p > Monday, us time, < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E7%BE%8E%E8%82%A1 "> US stocks < / a > closed higher, with < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E7%A7%91%E6%8A%80%E8%82%A1 "> the NASDAQ index, dominated by technology stocks < / a >, led the rise, as U.S. Treasury yields fell sharply.

Dow Jones index < / a > closed at 32731.20, up 103.23 points, or 0.32%; Standard & Poor's 500 index closed at 3940.59, up 0.70%; NASDAQ index closed at 13377.54, up 1.23%. < / P > < p > the four technology giants led the Dow Jones index, with Intel up 2.9%, apple up 2.8%, Cisco up 2.7% and Microsoft up 2.5%. < / P > < p > electric vehicle stocks generally rose, < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E7%89%B9%E6%96%AF%E6%8B%89 "> Tesla < / a > < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E8%82%A1%E4%BB%B7 "> share price < / a > rose 2.31%, after Cathie wood, founder of ark innovation ETF, said she was optimistic about its long-term prospects; Weilai fell 0.95%, Xiaopeng rose 1.07%, ideal rose 2.05%. < / P > < p > the Ministry of industry and information technology plans to implement the supervision of e-cigarettes and other new tobacco products according to the relevant regulations of cigarettes, and the e-cigarette giant Wuxin technology dropped 47.84% to close at US $10.15, with a market value of about US $16 billion. < / P > < p > specifically, in Monday's trading of US stocks, leading technology stocks generally rose, with Apple's share price closing at US $123.39, up 2.83%; Google's parent company alpha's share price closing at US $2038.59, down 0.23%; Amazon's closing at US $3110.87, up 1.17%; Microsoft's closing at US $235.99, up 2.45%; Facebook's closing at US $293.54, up 1.18%; Oracle's closing at US $66.32, IBM rose 0.09%, IBM rose 1.28% to $130.55, Netflix rose 2.13% to $523.11, Tesla rose 2.31% to $670.00, twitter fell 1.54%, Uber fell 2.44% and LYFT fell 3.61%. < / P > < p > the leading chip stocks in US stocks rose, with TSMC closing at US $117.18, up 3.12%; NVIDIA closing at US $527.45, up 2.65%; Intel closing at US $65.63, up 2.93%; ASMC closing at US $575.99, up 5.22%; Qualcomm closing at US $134.09, up 2.34%; Broadcom closing at US $475.28, up 0.17%; Texas Instruments closing at US $180.10, up 2.34% %Amd rose 1.57% to US $80.30, applied materials rose 3.89% and Meguiar technology rose 0.85%. < / P > < p > the main Chinese concept stocks listed in the United States were mixed, with Netease closing at US $110.06, up 0.91%; Alibaba closing at US $237.12, down 1.11%; JD closing at US $84.97, down 0.02%; Baidu closing at US $266.13, up 3.36%; pinduoduo closing at US $137.15, down 3.28%; Weilai closing at US $42.94, down 0.95%; Xiaopeng closing at US $37.88, up 1.0% 7%; ideal auto closed at US $26.82, up 2.05%; BiliBili closed at US $106.88, down 1.82%; tal closed at US $65.02, down 1.11%; iqiyi closed at US $28.04, up 0.97%; follow who closed at US $83.79, down 3.24%; Weibo rose 0.34%; Ctrip fell 1.65%; Auto Home rose 1.75%; jinshanyun fell 5.01%; Lujin fell 1.94%. On Monday, the yield on the 10-year Treasury note closed at 1.682%, lower than last week's 14 month high. < / P > < p > US bond yields have been rising recently as investors worry that a stronger rebound in the US economy will lead to higher inflation. These concerns, in turn, have prompted investors to revalue stocks away from high growth stocks, especially technology stocks that are sensitive to US bond yields. < / P > < p > Thomas Barkin, President of the Federal Reserve Bank of Richmond, told the media that as the epidemic in the United States subsides and the economy recovers, prices will be pushed up. But he added that there was no sign that this would lead to unnecessary inflation. < / P > < p > he said: "we are going to see a very strong year for us economic growth, which I think will lead to price pressure. I want to emphasize that inflation is not a one-year phenomenon, but a multi-year phenomenon. "

the Fed said earlier that, in view of the impact of COVID-19 on the labour market in 2019, inflation in 2021 would be temporary. < / P > < p > Zach Abraham, chief investment officer of wealth management firm bulk capital management, said: "the recent rise in [US debt] yields should continue to depress the price rise and the P / E ratio of overvalued stocks. Rising inflation should also bring a more friendly environment to value stocks and dividend payers. " < / P > < p > Abraham added: "we have experienced historic growth. But the time has come to measure value. This kind of rotation will be repeated many times and should last for a period of time. " (Liu Chun) < / P > < p >