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US online education stocks strengthened; Gaotu and New Oriental rose nearly 7%; Good Future rose nearly 5%; and NetEase rose more than 3%.
Shares of Chinese Stocks Are Trading Lower Amid the Reopening of Chinese Financial Markets Following the Lunar New Year Holiday.
Shares of Chinese stocks are trading lower amid the reopening of Chinese financial markets following the Lunar New Year holiday.
Youdao Falls -11.0%
BBBY, NVVE and DADA Are Among Consumer Movers
China Securities closed with mixed ups and downs, and the performance of the NEV sector was still impressive
The US stock China Securities Education Stock rose more than 13%, Gaotu rose nearly 10%, Good Future rose more than 5%, and NetEase rose nearly 5%.
The decline in New Oriental widened to 10%, and China Securities Education stocks generally fell. Good Future and NetEase Youdao fell more than 4%, and Gaotu fell nearly 4%.
Federal Reserve Barkin: Moving forward more cautiously makes sense.
Fed Barkin: against a backdrop of lagging policy results, it makes sense for the Fed to guide interest rates more cautiously.
NetEase, Inc youdao rose more than 10% in intraday trading.
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