US stocks closed | The three major indexes collectively fell, with most chip stocks falling, nvidia down nearly 3%; Q3 financial report exceeded expectations, tesla surged 12% after hours.
The Dow and the S&P fell by about 1% and have fallen for three consecutive days. Nvidia once fell by over 4%, with yunji, which issued a profit warning, dropping nearly 3% in US stocks. The China concept stocks index turned downwards, but li auto inc rose nearly 4%.
European and American stocks and bonds both fell, tesla rose more than 9% after hours, silver fell by 4%, the dollar reached its highest level in nearly three months
European and American central bank officials called for caution in cutting interest rates, with US Treasury yields rising to pressure low-risk assets. The Dow and S&P indices fell by about 1% for the third consecutive day, NVIDIA initially dropped over 4%, cloud-based company Kujiale warned of profit slump nearly 3% in US stock, China concept index turned down, but Li Auto Inc. rose by nearly 4%. The 10-year US Treasury yield once rose above 4.26% to a three-month high, and the yen fell below 153 for the first time in three months. Oil prices fell by more than 1%, spot gold approached $2760 to hit a new high before falling by over 1%, and silver initially dropped by 4%.
Kaiser Aluminum Corporation Q3 Profit Increases, But Misses Estimates
Kaiser Aluminum Non-GAAP EPS of $0.51 Misses by $0.14, Revenue of $748M Misses by $39.33M
Express News | Kaiser Aluminum's net sales in the third quarter were $0.748 billion, with analysts expecting $0.7935 billion. The company remains cautious about the short-term outlook, discussing customers' business activities and labor negotiations.
Express News | Kaiser Aluminum Corp: Expects Demand to Be Consistent With Its Previous Expectations for Balance of 2024.