Overseas, ASML's performance bombshell led to a sharp 16% drop, dragging down the entire chip sector. Amid the US earnings season, ASML's plummet has sparked market doubts about the upward prospects of the chip industry, while also causing a collapse in chip technology stocks in the Asia-Pacific region.
Today, before the US stock market opens, the three major stock index futures show little fluctuation, with ASML continuing its downward trend and falling nearly 5%. Chip stocks such as NVIDIA show a stabilizing trend and rise slightly. Chinese concept stocks rebound, with Fangdd once surging by more than 76%, Beike by nearly 5%, and NIO by more than 1%.
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Asia-Pacific stock markets are generally lower, with chip technology stocks leading the decline in Japanese and Korean stock markets, with Tokyo Electron falling by more than 9%. European stocks mostly open lower, with ASML falling by more than 5%. In the UK, the September CPI rose by 1.7% year-on-year, breaking below the Bank of England's 2% target level for the first time in three and a half years, causing the pound to dive in the short term.
International oil prices stabilized after a sharp drop overnight, with many central banks rarely speaking out in support of increasing gold reserves, and spot gold rose slightly.
Before the US stock market opens, the three major stock index futures show little fluctuation, with ASML continuing its downward trend and falling nearly 5%. Chinese concept stocks rebound, with Fangdd once surging by more than 76%, Beike by nearly 5%, and NIO by more than 1%.
Most European stocks open lower, with the Euro Stoxx 50 index falling by 1%, ASML leading the decline by more than 5%, L'Oréal falling by more than 4%, and AstraZeneca Pharmaceuticals rising by nearly 2%.
UK inflation has cooled significantly, and the pound has broken through the 1.30 mark against the US dollar for the first time since August 20.
Asia-Pacific stock markets are generally lower, with the Nikkei 225 index closing down by 1.8%, and the South Korean Seoul Composite Index falling by 0.9%. Tokyo Electron fell by more than 9%, SK Hynix, and Samsung Electronics fell by more than 2%.
Oil prices stabilize, and gold rises. Brent and WTI crude oil are currently up by about 0.2%. Spot gold rose slightly by 0.3%, temporarily reporting $2,671 per ounce.
【Updated at 16:15】Before the US stock market opens, most Chinese concept stocks are rising, with Fangdd once surging by more than 76%, Beike rising by nearly 5%, Bilibili rising by nearly 2%, NIO rising by more than 1%, and Alibaba and Baidu slightly rising.
The State Council Information Office will hold a press conference at 10:00 AM on Thursday, October 17, 2024, inviting Minister Ni Hong of the Ministry of Housing and Urban-Rural Development and leaders from the Ministry of Finance, Ministry of Natural Resources, People's Bank of China, and China Banking and Insurance Regulatory Commission to introduce the situation of promoting the stable and healthy development of the real estate market and answer questions from reporters.
[Updated at 16:03]
Before the US stock market opens, the three major index futures are mixed, with the Nasdaq 100 index futures up by 0.2%.
Most Chinese concept stocks are rising, with Beike rising by nearly 5%, NIO rising by more than 1%, and Alibaba and Baidu slightly rising.
Among semiconductor stocks, ASML fell by nearly 5%, TSMC rose by nearly 1%, and Advanced Micro Devices and NVIDIA slightly rose.
[Updated at 15:20]
European stocks opened, with most stock indices opening lower. The Euro Stoxx 50 index opened down by 1%, the German DAX index down by 0.2%, the British FTSE 100 index up by 0.5%, and the French CAC 40 index down by 1%.
Among the European stocks known as the "Eleven Arhats," ASML fell by more than 5%, L'Oréal fell by more than 4%, AstraZeneca Pharmaceuticals rose by nearly 2%, and Novo Nordisk rose by nearly 1%.
[Updated at 14:33]South Korea's Seoul Composite Index closed down 0.9% at 2,610.31 points.
Data released by the UK Office for National Statistics showed that the September CPI rose by 1.7% year-on-year, a significant decline from the previous value of 2.2%, lower than the 1.9% expected by economists and the 2.1% previously anticipated by the Bank of England.
This inflation rate reached the lowest level since April 2021 and fell below the Bank of England's 2% target level for the first time, causing the British pound to plunge in the short term. The pound fell below the 1.30 mark against the US dollar for the first time since August 20th. The UK's 10-year government bond yield fell by 6 basis points to 4.10%, the lowest since October 4th.
【Updated at 14:10】
The Nikkei 225 Index closed down 1.8% at 39,180.3 points. Japan's Topix Index fell by 1.2%. South Korea's Seoul Composite Index dropped by 0.7%, and the Indian stock index fell by about 0.3%.
Chip technology stocks led the decline, with Tokyo Electron falling by more than 9%, and SK Hynix and Samsung Electronics both falling by over 2%.
International oil prices rebounded after a sharp drop overnight, with Brent and WTI currently up by about 0.2%.
Central banks from several countries made rare statements supporting the increase of gold reserves. Officials responsible for foreign exchange reserves from the central banks of Mexico, Mongolia, and the Czech Republic collectively stated that the proportion of gold in their countries' foreign exchange reserves is more likely to increase in the coming years. Spot gold prices rose slightly, temporarily reporting at $2,671 per ounce.