U.S. stock market closing | The three major indices showed mixed results, with nvidia temporarily falling over 5% after hours; bitcoin reached a new high, and stocks related to cryptos surged, with microstrategy rising by 10%.
S&P, Dow Jones, small cap stocks turned higher in the final hour, with the Nasdaq's decline significantly narrowing. Nvidia fell nearly 3% before closing down 0.8%, dropping 5% at one point after hours, as the financial report stated that Hopper and Blackwell face supply restrictions.
IMF Says Egypt Program Review Talks to Continue After 'Progress'
PBOC Leaves Loan Prime Rates Unchanged in November
Charting the Global Economy: US Inflation Progress Stalls
The central bank today conducted a 981 billion yuan reverse repurchase operation for 7 days, with short-term fluctuations in liquidity being controllable, and the market expects a possible reserve requirement ratio cut in November.
①Today, 12.2 billion yuan reverse repos will mature, in addition to 1450 billion yuan MLF and 80 billion yuan of treasury cash deposits maturing. The central bank conducted a 981 billion yuan 7-day reverse repo operation. Industry insiders believe that under the new framework of the central bank, there may be a reserve requirement ratio cut once this year, possibly as early as November.
Wall Street survey: Trump 2.0 may cause the economy and inflation to experience a roller coaster ride as investors reassess in the financial markets.
According to the monthly fund manager survey of bank of america, after Donald Trump's victory, global investors have changed their expectations for the global economy. Now they expect faster economic growth and higher inflation than before.