Summary: Dow Rose 2.53%&Nbsp, NASDAQ Rose 1.35%

On Monday morning, Beijing time, the US stock market closed up on Monday, and the Dow rejoined the 11000 point mark. Although the number of new home sales in the US hit a 6 month low in August, some investors are still relatively low. Price of stock The attraction. Optimism pushed the European market higher.

At 16:00 p.m. Eastern time on September 26th (Beijing time September 27th 04:00), the Dow Jones industrial average rose 272.38 points, closing at 11043.86 points, or 2.53%; the Nasdaq composite index rose 33.46 points to 2516.69 points, or 1.35%; the standard & Poor's 500 index rose 26.52 points, or 1162.95 points, or 2.33%.

"I think the market turmoil will continue for some time," said Robert Robert Pavlik, chief marketing strategist at Banyan Partners. Because the market has already suffered tremendous downward pressure, many people feel that the market has become very cheap, so I expect the stock market to rebound slightly in the future.

Paflik said, "unless we pass the October, when Greece has already received more aid funds or has already broken the contract, the market will do nothing."

After some signs of optimism in Europe, the US stock market is full. Rise 。 European stock markets closed higher on Monday and the banking sector took the lead because the market was optimistic that European politicians could voter voters' support for expanding the size of the rescue fund.

But the Greek problem is still at the cusp of the European debt crisis. The risk of default in the country always exists, causing the stock market to continue unrest.

Williams Capital Group, head of stock trading department Stephen Carle Stephen Carl, referring to speculation that the European Central Bank may cut interest rates, said, "the market needs some definite plan to stabilize it. Such a plan must be clear and accurate.

Asian stock markets fell sharply on Monday as investors were still worried about the euro zone debt crisis. Steen Jakobsen, chief economist of Sheng Bao bank, Denmark, said that the market was prompted by rumors that the European Central Bank could not cut interest rates. Investors also hoped that the euro zone debt crisis could find a solution.

According to foreign media reports on Monday, Ewald Nowotny, a member of the European Central Bank, said that the possibility of reducing interest rates by the European Central Bank could not be ruled out. According to another report, a senior European Central Bank official said the central bank might consider it. restart Guaranteed bond purchase plan.

Although some other central banks have kept interest rates at a very low level, the ECB has raised interest rates in recent months, and the ECB's main interest rate is 1.5%. However, the European sovereign debt crisis and the deterioration of the global economic outlook have prompted expectations that the ECB may be forced to cut interest rates.

This weekend, global economic makers attended the annual meeting of the International Monetary Fund (IMF) in Washington, D.C., and they tried to calibrate that Europe would do everything possible to solve the crisis. However, it is still unclear whether euro zone countries can bridge differences and respond quickly and effectively to crises. Many market watchers have expressed concern that Greece may default on its debt.

On the economic data side, the US Department of Commerce announced that new housing sales in August dropped from 298 thousand in July to 295 thousand, a six month low. According to a survey by Bloomberg, the average forecast of economists is 293 thousand.

Ben Critchley, head of sales department at IG Index, said: "given that there is only one important economic data today, the market is expected to continue to fluctuate. Rumors and speculation about the Greek crisis will continue to circulate."

In the commodity futures market, gold futures (1624.70,29.90,1.87%) futures delivered in December fell $2.7% to settle at $1594.80 an ounce. Crude oil (81.46,1.22,1.52%) futures rose 0.5 to $80.24 a barrel.

Us new home sales in August continued to decline in April, hitting a new low for six months.

The new housing sales report released by the US government in August showed that in August, the figure declined for fourth consecutive months, and new home sales hit a new low since February. This shows that the US housing market, which is at a low ebb, is still showing no signs of improvement.

According to the US Department of Commerce, the sales volume of new homes in August decreased by 2.3% compared with 295 thousand in the year after the first half of the year. New home sales have been on the decline since the recent peak of 316 thousand buildings in April 2011.

According to a survey by Thomson Reuters, economists expect an average of 292 thousand new housing sales in the 8 quarter. The sale of new housing in July was raised to 302 thousand from 298 thousand buildings released a month ago. In August, the sales of new homes in the northeast region dropped by the most, reaching 13.6%. The western and southern regions fell by 6.3% and 2.4% in turn. Sales of new homes in the Midwest climbed 8.2%.

Mel: the ECB is still likely to cut interest rates.

According to the German newspaper Boersen-Zeitung, Mels Mersch, the European Central Bank's management committee, said on Monday that if the euro's economy deteriorated significantly, the European Central Bank would still be able to cut interest rates in.

Mels said, "even if the euro area economy has deteriorated significantly, we still have room for it, but the current data do not support this assumption." Mels is also governor of the Central Bank of Luxemburg. He said that the European Central Bank has noticed signs of obvious weakening in the euro area economy, but this is consistent with our long-term expectations. He believes the euro zone is unlikely to fall into recession.

The ECB is considering restarting the secured bond purchase plan.

According to foreign media reports, an official of the European Central Bank said that the bank is likely to discuss the plan to restart the purchase of asset-backed bonds next week, and will further introduce other measures to ease the monetary situation.

According to Bloomberg news, the anonymous ECB official revealed that the ECB will also discuss the issue of re launching the 12 month loan plan for commercial banks at the monetary policy conference scheduled for October 6th. The official also said that the European Central Bank will probably discuss the issue of lowering the benchmark interest rate, but interest rate cuts are not in the current agenda of the bank.

After the official made such remarks, the euro exchange rate expanded earlier and rose to the highest level of US $1.3543 per euro against the US dollar. A spokesman for the European central bank declined to comment.

New York gold futures closed down 2.7% at $1594.80.

New York gold futures closed down on Monday, down fourth consecutive trading days, as the market continued to worry about slowing global economic growth and liquidity tightening in the eurozone sovereign debt crisis, prompting investors to turn to cash holdings.

On the same day, the gold futures price of the New York Mercantile Exchange (NYMEX) commodity exchange (COMEX) fell $45 in December, closing at $1594.80 an ounce, or 2.7%, the lowest closing price since July 21st.

New York crude futures closed up 0.5% at $80.24 a barrel.

New York crude oil futures prices closed up on Monday, reversing the previous three trading days' continuous downtrend, mainly due to the rise of the US stock market, prompting investors to be optimistic about the prospect of crude oil demand, but at the same time, the price of other commodity futures has declined, thus inhibiting the rising trend of oil prices.

On the same day, the New York Mercantile Exchange delivered light crude oil futures in November, up 39 cents, or 0.5% at 80.24 dollars a barrel.

European stock markets climbed strongly and bank stocks took the lead.

European stock markets climbed sharply on Monday, and bank stocks rose sharply. Investors expected the euro zone aid fund to expand and the ECB may cut interest rates, but mining shares weakened due to the decline in commodity markets.

Pan European Dow Jones Stoxx 600 index rose 1.9%, closing at 220.28 points. The German DAX 30 index rose 2.9%, closing at 5345.56 points. The French CAC 40 index rose 1.8%, closing at 2859.34 points. The FTSE 100 index rose 0.5%, closing at 5089.37. (