US stock market Monday: All three major stock indices rose by over 1%, and Nvidia's market value returned to trillions of dollars

On October 31st, it was reported that on Monday, US time, the main stock indexes of the US stock market closed higher, with gains exceeding 1%. This week, investors are paying attention to the Federal Reserve's decisions, US employment data, financial reports, and other events that may affect the market

On October 31st, it was reported that on Monday, US time, the main stock indexes of the US stock market closed higher, with gains exceeding 1%. This week, investors are paying attention to the Federal Reserve's decisions, US employment data, financial reports, and other events that may affect the market.

The Dow Jones Index closed at 32928.96 points, up 511.37 points, or 1.58%; The Standard&Poor's 500 Index closed at 4166.82, up 1.20%; The Nasdaq Index closed at 12789.48, up 1.16%.

Large technology stocks generally rose, with Amazon and Netflix up over 3%, Microsoft and Meta up over 2%, and Apple and Google up over 1%.

Leading chip stocks have fluctuated, with Nvidia and Qualcomm rising by over 1%, and Nvidia's market value returning to over $1 trillion; ARM fell by more than 2%.

Most popular stocks of new energy vehicles rose, with Tesla falling 4.79% and its market value evaporating overnight by $31.6 billion (approximately RMB 231.1 billion); Rivian fell 1.81%, while Faraday will rise 1.90% in the future; NIO rose 1.08%, Xiaopeng rose 1.43%, and Ideal rose 0.37%.

Among the leading e-commerce stocks in China, Alibaba rose 0.39%, JD.com rose 1.13%, and Pinduoduo fell 3.71%.

Among other popular Chinese concept stocks, Bilibili rose 4.36%, BOSS Direct Employment rose 2.22%, New Oriental rose 1.18%, Autohome rose 0.11%, Zhihu fell 2.94%, Manbang fell 1.10%, Baidu fell 0.83%, and Ctrip fell 0.34%.

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:

Analysts say that last weekend's conflict between Israel and Hamas did not involve other combatants in the region, which is a relief and has boosted market sentiment. Crude oil futures fell sharply on Monday, with the US benchmark crude oil price falling 3.2%, essentially erasing the gains since the Hamas attack on southern Israel on October 7th.

David Kelly, Chief Global Strategist at JPMorgan Asset Management, said in a report: "Despite the terrible events in Israel and Gaza, oil prices have generally performed well. In the context of sluggish global economic growth, unless the Middle East conflict widens, oil prices should remain in this state

The major US stock indices have recently suffered heavy losses, partly due to poor performance of some companies in the third quarter, especially large technology companies, which have led the market higher for most of this year.

The Dow Jones index fell by 2.1% last week and reached its lowest point since March 28th this year at the close of last Friday; The S&P 500 index fell 2.5% last week, closing at its lowest level since May 24th; The Nasdaq Composite Index fell a cumulative 2.6% last week. (Liu Chun)