Sou Hu Cai Jing·2025-10-04 00:57Market Performance - The US stock market reached new historical highs during the week, with the Dow Jones and S&P 500 achieving six consecutive days of gains and closing at record levels [1][3] - The Dow Jones increased by 1.1% and the S&P 500 by 1.09% for the week, while the Nasdaq rose by 1.32% [3] Technology Sector - Major technology stocks experienced a decline, with Meta and AMD dropping over 2%, and Tesla and Amazon falling more than 1% [1][5] - The Philadelphia Semiconductor Index decreased by 0.64%, with several chip stocks like Nvidia and Intel also seeing declines [5] Investment Trends - Cathie Wood's Ark Invest increased its holdings in Alibaba and Baidu, purchasing shares worth approximately $2.74 million and $6.4 million respectively [6][7] - Morgan Stanley reported a significant inflow of foreign capital into the Chinese stock market, with $4.6 billion in September, marking the highest monthly inflow since November 2024 [8] Economic Concerns - The US government shutdown has raised concerns, but investor sentiment remains resilient, supported by the ongoing interest in artificial intelligence and expectations of Federal Reserve rate cuts [1][10] - The delay in the release of key employment data due to the government shutdown may influence the Federal Reserve's decision-making in its upcoming meeting [10][11]