Last night, US stocks soared 1.8 per cent and 2.9 per cent across the board. In March, the New York manufacturing index unexpectedly fell sharply to a contraction and a nearly two-year low. Coupled with the sharp fall in oil prices for two consecutive days, the monthly growth of US PPI and core PPI slowed significantly to 0.8 per cent and 0.2 per cent in February. The market relieved fears that the Federal Reserve would aggressively raise interest rates to curb inflation. 30 blue chips only Dow and weakening Chevron (CVX.US) fell 2.3% and 5.1%, while the rest generally increased by 1%, 4%, P & G, Apple, Home Depot, Procter & Gamble, Microsoft and Disney, leading the Dow up 675 points to close at 374, up 599 points or 1.8%. The revenue forecast for DAL.US and UAL.US rose 8.7% and 9.2% this quarter, while Peloton (PTON.US), a maker of fitness equipment upgraded by brokers to "outperform the market," soared 12%, large-scale Internet stocks rose 2.9%, and the Philadelphia Semiconductor Index rebounded 4.4%, leading the Nasdaq and Standard Index to close 2.9% and 2.1% lower in a row. However, affected by the outbreak of war in Russia and Ukraine, the ZEW economic climate index in Germany and the euro zone unexpectedly fell sharply in March for the first time in two years, the worst decline ever. DAX, CAC, pan-European 600 and FTSE repeatedly vomited less than 0.3%. Us stock futures spit 0.1%, 0.2% in an all-round way. Stock markets in the Asia-Pacific region were well established in the early days. The dollar was stable at 118.39 against the yen in Asia, while the Nikkei rose for the third day to 255.650, up 303 points, or 1.2%. After closing down 2% yesterday, Taiwan's weighted index fell three times this morning to 17pj033, up 0.6%. South Korea's (KOSPI) fell three times in a row, reaching as high as 2pj649. It is now reported at 2pj0636, rebounding 0.6%. Australia 200 rebounded 1.1 per cent to 7173. New Zealand gradually reopened its border next month, and the New Zealand 50 index fell three times in a row to 112.879, rising nearly 0.7%.