Dow Tumbles 250 Points As Investors Brace For High-Stakes Presidential Election: Greed Index Enters 'Fear' Zone
Nvidia is reportedly planning to abandon super micro computers, with old orders being transferred to other suppliers.
①Super Micro Computer was caught in the delisting storm last week due to the resignation of auditors, causing great concern in the semiconductor industry; ②The company's largest customer, Nvidia, reportedly has transferred its orders to other suppliers to manage risks; ③The fate of Super Micro Computer has become even more obscure.
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How does Trump's tariff plan affect the situation? Study: American consumers' purchasing power may evaporate by $78 billion each year.
①A study released on Monday by the National Retail Federation (NRF) shows that if Trump's new tariff proposal is implemented, American consumers could potentially lose up to $78 billion in purchasing power annually. ② The report states that if import tariffs are implemented, it will further exacerbate the impact on low-income families, making their budgets even tighter.
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What will happen to the U.S. stock market with all kinds of outcomes tomorrow? This is goldman sachs's answer.
Goldman Sachs believes the most likely outcome is Harris's election with a divided Congress (40% probability), long-term growth/nasdaq/wind power/china/global export themes will outperform large cap, defensive stocks are better than cyclical stocks.
nvidia's inclusion in the Dow behind: nvidia was early prepared for inclusion, and the Dow also needs nvidia.
Nvidia surpasses Intel to become the chip manufacturer with the highest revenue, creating a clear one-to-one exchange opportunity. Since Intel is the only chip manufacturer in the Dow Jones Industrial Average, the industry's weight in the Dow is much lower than its position in the economy or market. It is important to note that the Dow is a price-weighted index, so stock prices and their volatility determine the weight in the Dow, analysis and estimation place Nvidia's impact on the Dow Jones Industrial Average in eighth place.
US stocks closed: Trump, Harris concept stocks rose together, Chinese concept stocks remained stable and rose.
1. The market is filled with a wait-and-see attitude, with all three major indexes collectively falling. 2. Trump's media technology group rebounded after hitting bottom. 3. Photovoltaic and clean energy concept stocks strengthened collectively. 4. Reports claim that Nvidia will distribute Super Micro Computer orders to other suppliers.
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