This week, the global market's focus is on a series of heavyweight economic data and corporate financial reports. The overall performance of the USA stock market is positive, with small-cap indexes leading the market, rising by 1.7%. The Nasdaq index is approaching its historical high. Despite the overall upward trend of large-cap stocks, Tesla and chip indexes have turned downwards, with Nvidia's stock price falling by 1% at one point during the session.
In terms of industry news, North American uranium mining and nuclear energy concept stocks have shown strong performance, especially Oklo, a nuclear energy company supported by OpenAI CEO Sam Altman, soaring over 28% to a new high. As the U.S. presidential election approaches, media stocks related to Trump have surged by over 21%.
Apple leads in technological innovation by launching the latest iMac with the M4 chip. The initial AI functions include writing tools, image enhancement, and content summarization, attracting widespread attention. The market expects Apple's financial report this week to show outstanding profit performance, with Goldman Sachs optimistically predicting that its profits will far exceed market expectations. In addition, Volkswagen announced the closure of at least three factories in Germany and extensive layoffs, marking the first such move in the company's 87-year history, revealing immense pressure in the auto industry.
In the Chinese concept stock market, performance has been particularly eye-catching. The Chinese concept index rose by 4%, Nio Inc. surged by over 10%, and Daqo New Energy in the solar industry increased by over 14%. The key focus of the U.S.-China Economic Working Group discussions includes specific arrangements for a comprehensive set of incremental policies, expected to be announced after statutory procedures in November.
The bond market witnessed a comprehensive rebound in US bond yields, with the 10-year US...