Feng Huang Wang·2025-10-03 23:21Market Performance - On October 3rd, U.S. stock indices showed mixed results, with the Dow Jones and S&P 500 reaching new highs, closing at 46,758.28 (+0.51%) and 6,715.79 (+0.01%) respectively, while the Nasdaq Composite fell to 22,780.51 (-0.28%) [1][2] - Among the 30 Dow components, 22 stocks rose, with notable gains from UnitedHealth, Travelers, Caterpillar, Johnson & Johnson, Goldman Sachs, and Visa, all increasing by over 1% [2] - The Russell 2000 index also hit a record high, rising 0.72% on the day and 1.72% for the week [2] Economic Indicators - The U.S. Senate rejected a bipartisan temporary funding bill, leading to a government shutdown, which halted nearly all economic activities and delayed the release of the September non-farm payroll report [4] - Market expectations for a 25 basis point rate cut by the Federal Reserve in October are nearly 95%, as indicated by the CME FedWatch Tool [4] Company News - Berkshire Hathaway has amended its corporate bylaws to separate the roles of Chairman and CEO [10] - Tesla has commenced sales of its Cybertruck in Qatar, following earlier operations in Saudi Arabia [11] - A Chevron refinery in El Segundo, California, experienced a sudden explosion, affecting over 16% of the state's refining capacity and supplying a significant portion of fuel to Southern California [12] Sector Performance - The coal sector saw significant gains, with Peabody Energy rising by 9.18%, while cryptocurrency mining companies also performed well, with Bitdeer Technologies up 10.28% [7] - Solid-state and lithium battery-related stocks mostly rose, with Plug Power increasing by 34.63% and American Lithium by 31.78% [8] Chinese Stocks - The Nasdaq Golden Dragon China Index fell by 1.15%, but gained 2.58% over the week, with most popular Chinese stocks declining, including a 4.16% drop for Global Data and a 3.99% drop for Li Auto [9]