U.S. stocks close | The three major indexes are mixed, with the Nasdaq hitting a new high for the fourth consecutive rise; chip stocks are strong, AMD closed up 4% but fell over 7% after hours due to poor guidance; cryptos concept stocks are rising.
The USA economy is mixed, with consumer confidence increasing but job vacancies hitting a three-and-a-half-year low. The Dow Jones and small cap stocks fell, while the S&P and Nasdaq turned higher. The chip index rose by more than 2%, while the Chinese concept index turned down by over 1%. Trump's media fluctuations have repeatedly caused trading to be suspended.
Vipshop Holdings Limited's (NYSE:VIPS) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
US stocks closed | The three major indices collectively rose, with the China Golden Dragon Index leading the large cap with a rise of over 4%; Bitcoin returned to $0.07 million, and crypto concept stocks strengthened; Donald Trump concept stock DJT surged
Small cap stocks rose 1.7% to lead the way, Nasdaq approaching its all-time high, tesla reversed down by 2.5%, nvidia fell by 1% at one point, nio inc surged over 10%, North American uranium mines and nuclear energy concept stocks rose together, Altman-backed Oklo surged over 28% to a new high.
US stocks closed | The three major indices rose and fell unevenly, with Tesla soaring 22%, marking the largest increase in eleven years.
Economic data supports the market's bet on a routine 25 basis point rate cut by the Federal Reserve in November. The US stock market only saw a drop in the Dow, the first four-day consecutive decline since June, dragged down by IBM and Boeing. The Chinese concept index fell by 1.6% before halving its decline, while Li Auto Inc surged more than 1%.
U.S. stock market closing | The three major indexes fluctuated, Chinese concept stocks outperformed the large caps, pdd holdings rose nearly 3%.
S&P experienced two consecutive days of decline for the first time in over a month, with only the Nasdaq closing higher, Chinese concept stocks surged over 2% before closing nearly 1% higher, showing strong outperformance throughout the day.
Express News | Guangbo Group Stock: Subsidiaries and others have settled a series of disputes over advertising contracts with Vipshop.
US stock market closed | The three major indices rose and fell differently, with most large technology stocks rising, nvidia rising more than 4% to hit a new historical high.
Banks index dropped nearly 2%, small cap stocks fell 1.6%, the decline of Chinese concept stocks narrowed, nvidia rose over 4% to catch up with apple, pdd holdings and Bilibili turned positive, xpeng rose over 3%.
US stock market outlook: Chinese assets collectively rise before the market! YINN surged more than 15%, bilibili rose more than 7%; Goldman Sachs: debt conversion is the first step in China's fiscal big move, which will stimulate economic growth.
Trump claimed to have received a 'plea for help' call from Cook, involving Apple being fined heavily by the European Union; Is there still an 'undercurrent' behind the bull market of US stocks? Goldman Sachs: The rise of the US dollar is a major threat; The gold price continues to hit new highs! As risk aversion heats up, spot gold rises above $2,700.
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
Express News | HTSC: november 11 shopping festival-related fully launched, bullish on four major investment themes
Express News | Shunwei Capital withdraws its shares from Dwango Company.
Futu Morning Post | Concerning real estate! The Ministry of Housing and Urban-Rural Development, the Central Bank, and others will make statements on October 17; ASML Holding plunges more than 16%, performance bombshell revealed ahead of time dragging dow
6400 points! UBS Group continues to raise next year's expectations for the US stock market; Apple hit a historical new high intraday, and the company launched a new iPad Mini; Wolfspeed soared more than 21%, receiving a $0.75 billion grant from the US Department of Commerce.
Hong Kong Stock Exchange Morning Report on October 16: Five departments will hold a press conference on real estate, with the China Concept Stocks Index falling by 5.92%.
①Fed's Daley said if inflation falls as expected, there will be another one to two rate cuts this year. ②IMF predicts that global public debt will exceed 100 trillion US dollars for the first time by the end of the year. ③US stock market three major indices collectively fell, with ASML Holding's performance below expectations dragging down the semiconductor sector; popular China concept stocks generally declined, with the Nasdaq Golden Dragon Index in China dropping by 5.92%. ④Heads of five departments will attend a press conference on the 17th to introduce the real estate market situation.
U.S. stocks closed: asml holding's earnings slump causing semiconductor sector collapse, the three major indexes collectively fell.
1. China concept stocks popularly fell, with the Nasdaq Golden Dragon Index in China dropping by 5.92%; 2. ASML Holding announced that it had only 2.6 billion euros in orders in the third quarter of this year; 3. United Airlines' third quarter adjusted earnings per share exceeded expectations; 4. Blackstone Group plans to invest 7.5 billion euros in developing datacenters in Spain.
Shares of US-listed Chinese Stocks Are Trading Lower After China's September Exports Missed Estimates.
The longest november 11 shopping festival-related sale in history! Emphasizing quality, e-commerce platforms and livestreamers confront 'vicious internal competition'.
①30 minutes before the start of sales, 20 beauty brands on Tmall exceeded one billion in sales, with 8 individual products exceeding one billion. ②This year's november 11 shopping festival-related sales promotion, under the active competition of major e-commerce platforms, has been extended from 3 weeks in advance to around one month ahead.
BofA Securities Maintains Vipshop(VIPS.US) With Buy Rating, Cuts Target Price to $17.8
Buy Rating on Vipshop: Attractive Yield and Undervalued Position Despite Conservative Revenue Outlook
E-commerce november 11 shopping festival-related performance anxiety? Multiple platforms rush to start sales, subsidize logistics.
①Major e-commerce platforms are more eager to start this year's november 11 shopping festival-related, and have generally significantly advanced the sales and pre-sale time of this year's major promotion. ②Against the background of interconnection, the relatively low e-commerce penetration rate and the need for improved logistics construction, the Hong Kong market is still an important battlefield for top e-commerce competition.
Children's King (301078): Cooperate with Xin Xuan Holdings to boost live e-commerce.
Event: The company issued an announcement, planning to invest with its own funds, with Mr. Wang Jianguo, the Chairman of the Board, Mr. Xu Weihong, Director/General Manager, Mr. Shi Guanglei, Director/Vice General Manager/Board Secretary, as well as Mr. Xin Xuan Holdings, Mr. Du Chenpeng, Mr. Zheng Jiabai.