周一美股收高，标普500指数与道指均创盘中与收盘历史新高。此外道指首次收在43000点之上。受到人工智能宠儿英伟达创历史新高的推动，信息技术板块领涨标准普尔500指数，该板块收高近1.4%。On the evening of the 15th Beijing time, the US stock market opened with mixed movements on Tuesday. The news that Israel will not strike Iranian crude oil targets caused oil prices to plummet. Investors are evaluating a batch of latest US stock reports, including Citigroup. Several Federal Reserve officials will deliver speeches today.
As of the time of drafting, the Dow Jones Industrial Average fell by 0.50%; the Nasdaq rose by 0.20%.$S&P 500 Index (.SPX.US)$Rose 0.09%.
Before the opening on Tuesday, investors welcomed a batch of the latest US stock reports. UnitedHealth Group announced profits and revenues exceeding expectations. The performance of the US banking industry exceeded expectations. Johnson & Johnson's profits also exceeded expectations.
US stocks closed higher on Monday, with both the S&P 500 Index and the Dow Jones hitting new historical highs in both intraday and closing. In addition, the Dow Jones closed above 43,000 points for the first time. Driven by the soaring of AI darling Nvidia to historic highs, the information technology sector led the S&P 500 Index, closing up by nearly 1.4%.
Citi's US stock strategist Scott Chronert said: "I think we have to admit that the S&P 500 Index is at least significantly overvalued. But as long as there is news support, this situation can continue."
Bradesco BBI's stock strategist Ben Laidler said: "New highs trigger more new highs, price momentum is the most powerful investment factor. Tech giants are leading the way as they are poised to report the strongest profit growth in all industries again this quarter."
On Tuesday's economic data front, the New York manufacturing index unexpectedly shrank. According to a report released by the New York Fed on Tuesday, manufacturing activity in the New York area declined unexpectedly in October.
According to the New York Fed's Tuesday report, the Empire State (New York) manufacturing index for October was -11.9, a decrease of 23.4 points from September, well below the Dow Jones' widespread estimate of 3.0. This index measures the percentage difference between companies reporting expansion and contraction.
The New York manufacturing index report shows that the new orders index plummeted to -10.2 in October, while shipments fell to -2.7, as both indices dropped by around 20 points. Additionally, although the employment index rose by 9.8 points to 4.1, both the price paid index and the received price index increased, indicating increased inflationary pressure.
Although the overall manufacturing index in September plummeted, the future six-month economic activity expectations index increased by 8.1 points to 38.7.
Oil prices plummeted sharply and are poised to record a third consecutive day of decline. Israeli Prime Minister Netanyahu told the United States that Israel is willing to target military targets in Iran rather than nuclear or oil facilities in response to this month's airstrikes. Meanwhile, the International Energy Agency predicts there will be an oversupply next year.
The International Energy Agency states that world oil demand growth has slowed significantly. The IEA points out that global oil demand is expected to increase by less than 0.9 million barrels per day in 2024, close to 1 million barrels per day in 2025. This growth rate is significantly slower compared to the post-pandemic annual growth of around 2 million barrels per day from 2022 to 2023. China is the main factor in the slowdown, accounting for approximately 20% of global growth this year and next, but this proportion will be close to 70% in 2023.
Furthermore, the Organization of the Petroleum Exporting Countries (OPEC) lowered its global crude oil demand expectations for the third consecutive time in the report released on Monday.
Several Federal Reserve officials will deliver speeches on Tuesday, including Mary Daly, President of the Federal Reserve Bank of San Francisco, Raphael Bostic, President of the Federal Reserve Bank of Atlanta, and Adriana Kugler, a member of the Federal Reserve Board.
Focus stocks
Growth tech stocks fluctuate. $Apple (AAPL.US)$Some rose more than 2%. $Alphabet-A (GOOGL.US)$Rising more than 1%, $NVIDIA (NVDA.US)$Falling more than 3%
Cryptocurrency concept stocks generally rise,$Bitcoin (BTC.CC)$Breaking through the $67,000 level,$CleanSpark (CLSK.US)$Up more than 7%,$MARA Holdings (MARA.US)$Up over 4%.
Trump's trade strategy makes a comeback, $Phunware (PHUN.US)$Up over 15%, $Trump Media & Technology (DJT.US)$Rises more than 10%.
Affected by the sharp decline in crude oil prices, the oil sector generally fell.$TotalEnergies (TTE.US)$fell more than 4%,$Chevron (CVX.US)$The concept of AI is generally down, dropping nearly 2%.
$Advanced Micro Devices (AMD.US)$Dropped more than 3%, $NVIDIA (NVDA.US)$Dropping more than 3%, according to media reports on Tuesday citing anonymous sources, the Biden administration is discussing setting limits on export licenses for artificial intelligence chips by US chip companies such as Nvidia and AMD to certain countries.
$Apple (AAPL.US)$Rising over 2%, hitting a new historical high, Apple launched new products on Tuesday, the 7th generation iPad mini was officially released with an 8.3-inch screen, but now using the A17 Pro chip compared to the previous generation.
$UnitedHealth (UNH.US)$Down nearly 10%, unitedhealth's third-quarter revenue was $100.8 billion, a year-on-year increase of 9.1%, with the upper limit of adjusted eps guidance for fiscal 2025 lower than expected.
$Wolfspeed (WOLF.US)$Up nearly 30%, planning to receive $0.75 billion in funding from the US Department of Commerce.
Editor/ping
