摘要：As expected, all three major stock indexes ended the day lower, starting the first trading session of this week and the last week

As expected, all three major stock indexes ended the day lower, starting the first trading session of this week and the last week of this month on a dour note. It’s clearly been an exceedingly dreary day today for a flock of impenitent stouthearted financial consumers who have been bullish on the short-term market trend. In this febrile mix, all three major stock indexes sank across the board to cap off a turbulent day of trading after four harrowing hours. Indeed, the overwhelming majority of diehard market bulls felt terribly jaded after suffering bruising losses on Monday. In the meantime, a myriad of unsuspecting callow gullible stock neophytes were petrified by today’s lackluster market performance as the individual stocks plummeted in succession. After all, the losing stocks far outpaced the advancing ones given that more than 4,100 stocks fell. The benchmark Shanghai Composite Index, which opened more than 3 points lower, slowly careened lower shortly after the opening bell, gradually trudged up, reclaimed its losses, reached its zenith, pared back its gains, plunged headlong into correction territory, tiptoed around last Friday’s closing level in early trading, was down almost 2 points around lunchtime, traded sideways with barely ten minutes to go until the market closed, at last was essentially unchanged, a couple of points lower, or 0.20% and notched a two-day losing streak. The Shenzhen Component Index, which advanced 0.09% at its opening, went straight down in the first few minutes of trading, gradually lumbered up earlier in the day, was down almost 43 points around lunchtime, seesawed lower in the last thirty minutes of trading and closed with a loss of 0.62%. The tech-heavy ChiNext Index, which opened higher by 0.20%, took a nasty turn for the worse, reached its nadir, slowly bumped up earlier in the day, in the opening minutes of trading, was down almost 11 points around lunchtime, gradually inched lower in the hour leading up to the close and dropped the most among major stock indexes with a 0.65% downswing. Game was the biggest winner of the day, up 1.01%. Banking was in second place, up 0.98%. Jewelry came in third with a gain of about 0.67%. Real estate development was the worst performing sector, down 3.65%. Coming in second place was real estate service, down 3.55%. Sector of food and beverage was the third worst performer, down 3.12%. In addition, the erstwhile beleaguered domestic equity markets registered a net outflow of CN¥57.2 billion and the combined turnover on the Shanghai and Shenzhen bourses was in excess of CN¥1.0564 trillion. It’s very palpable that the uninterrupted contraction of trading volume augurs poorly for this week’s market move. Nowadays, it’s hard not to draw the conclusion that pushing up the big financial sector has not been enough to assuage the trepidation of a fresh bout of market carnage. By the way, Dow futures advanced 0.04%, the S&P 500 futures were down 0.05% and the tech-focused Nasdaq Composite futures slipped 0.02% in premarket trading as of 5:49 AM ET.

来源：莉姿教育