US stock market on Tuesday: NVIDIA fell more than 4%, while Faraday surged more than 27% in the future

On October 18th, it was reported that on Tuesday, US stocks closed with mixed gains and losses in major stock indices, while the Nasdaq index slightly declined. Investors are paying attention to US consumer spending data for September and the third quarter financial report

On October 18th, it was reported that on Tuesday, US stocks closed with mixed gains and losses in major stock indices, while the Nasdaq index slightly declined. Investors are paying attention to US consumer spending data for September and the third quarter financial report.

The Dow Jones Index closed at 33997.65 points, up 13.11 points or 0.04%; The Standard&Poor's 500 Index closed at 4373.20, down 0.01%; The Nasdaq Index closed at 13533.75, down 0.25%.

Most large technology stocks fell, with Netflix falling more than 1%; Google and Meta both rose, with gains of less than 1%.

The leading chip stocks have fluctuated, with Nvidia falling more than 4%. Its market value has evaporated overnight by over 53.5 billion US dollars (nearly 400 billion RMB), and its latest market value is 1.09 trillion US dollars.

Most popular stocks of new energy vehicles rose, with Tesla rising 0.37% and Rivian rising 1.22%; Faraday rose 27.78% in the future, and today the company announced an overall plan to reduce its dependence on external funding sources; NIO rose 0.12%, Xiaopeng rose 0.20%, and Ideal fell 0.36%.

Among the leading e-commerce stocks in China, Alibaba fell 0.47%, JD.com fell 3.58%, and Pinduoduo fell 0.45%.

Among other popular Chinese concept stocks, Manbang rose 3.35%, Baidu fell 4.12%, Zhihu fell 1.94%, Ctrip fell 1.37%, New Oriental fell 1.32%, Bilibili fell 1.32%, Autohome fell 0.59%, and BOSS Direct Employment fell 0.19%.

Specifically, the main technology stocks in the US stock market performed as follows:

The main chip stocks in the US stock market perform as follows:

The performance of popular Chinese concept stocks listed in the United States is as follows:

Richard Hunter, market director of Interactive Investor, an investment company, said that about 10% of S&P 500 index companies will release financial reports this week, with most of the companies that have already reported exceeding expectations in terms of profits and revenue.

Data released on Tuesday morning US time showed that US retail sales in September were stronger than expected, increasing the likelihood that the Federal Reserve will maintain high interest rates for at least a longer period of time to reduce inflation.

Retail sales in the United States increased by 0.7% month on month in September, exceeding expectations. Excluding car sales, core retail sales continued to grow by 0.6% month on month in September, with economists predicting a growth rate of 0.2%.

Robert Frick, a corporate economist at the Navy Federal Credit Union, said: "Consumer spending shows almost no signs of shrinking. As long as the job market remains healthy, consumers should have cash and confidence to sustain spending

US treasury bond bond yields closed at near 16 and 17 year highs on Tuesday. The yield of 10-year US treasury bond bonds climbed 13.7 basis points to 4.846%, the highest closing level since 2007. (Liu Chun)