US Stocks on Tuesday: Tesla Up Nearly 2%, Ideal Down Over 3%

On November 1st, it was reported that on Tuesday, the main stock indexes of the US stock market closed higher, but the increase was not enough to reverse the cumulative decline for three consecutive months. Investors are paying attention to major events later this week, including the latest interest rate decision from the Federal Reserve and the latest monthly employment data from the United States

On November 1st, it was reported that on Tuesday, the main stock indexes of the US stock market closed higher, but the increase was not enough to reverse the cumulative decline for three consecutive months. Investors are paying attention to major events later this week, including the latest interest rate decision from the Federal Reserve and the latest monthly employment data from the United States.

The Dow Jones Index closed at 33052.87 points, up 123.91 points, or 0.38%; The Standard&Poor's 500 Index closed at 4193.80, up 0.65%; The Nasdaq Index closed at 12851.24, up 0.48%.

Large technology stocks fluctuated, with Apple, Amazon, Microsoft, and Netflix all rising by less than 1%; Google and Meta both fell by no more than 1%.

Leading chip stocks generally rose, with Intel, AMD, and ARM rising more than 2%, while NVIDIA fell by no more than 1%.

Most popular new energy vehicle stocks fell, with Tesla rising 1.76%, Rivian rising 3.18%, and Faraday falling 0.93% in the future; NIO fell 2.93%, while Xiaopeng fell 2.88%; Ideal fell 3.73%.

Among the leading e-commerce stocks in China, Alibaba fell 0.72%, JD.com fell 2.00%, and Pinduoduo fell 2.72%.

Among other popular Chinese concept stocks, Manbang fell 8.24%, Ctrip fell 3.41%, Bilibili fell 3.24%, BOSS Direct Hire fell 2.57%, Baidu fell 1.10%, Autohome fell 0.41%, New Oriental rose 0.37%, and Zhihu rose 0.12%.

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:

The third quarter financial reporting season is still ongoing, and the most widely anticipated performance conference this week will be held after hours on Thursday, when Apple will announce its results. Investors also focused on the US treasury bond bond market.

On Tuesday, US time, the yield of 10-year US treasury bond bonds fell slightly to 4.874%.

The Federal Reserve will begin a two-day policy meeting. Investors expect the policy interest rate to remain unchanged in the range of 5.25% to 5.5%.

According to data released by the US Bureau of Labor Statistics on Tuesday, the employment cost index, a broad measure of wages and benefits, increased by 1.1% between July and September, higher than the expected 1%. Labor costs in the United States have risen by at least 1% for nine consecutive quarters.

The US consumer confidence index has dropped to its lowest point in five months. According to data from the World Federation of Large Enterprises, the index was 102.6 in October, lower than the revised 104.3 in September.

This month, the Dow Jones Index has fallen by a total of 454.63 points, a decrease of 1.4%, marking the third consecutive month of decline; The S&P 500 index has fallen by 94.25 points, or 2.2%, for the third consecutive month of decline; The Nasdaq Index fell 368.08 points, or 2.8%, for the third consecutive month of decline. (Liu Chun)