Shang Hai Zheng Quan Bao·2025-10-14 15:57Market Overview - The US stock market opened lower on October 14, with the Dow Jones down 0.14% at 46,004.83 points, the Nasdaq down 1.05% at 22,456.40 points, and the S&P 500 down 0.54% at 6,618.58 points [1] Economic Outlook - The International Monetary Fund (IMF) slightly raised its global economic growth forecast for 2025 to 3.2%, an increase of 0.2 percentage points from the July prediction. The growth forecast for 2026 remains unchanged at 3.1% [2] - The IMF noted significant signs of economic slowdown in the US, with employment data since July falling short of expectations and the unemployment rate rising to a nearly four-year high in August [2] Technology Sector - Intel's stock fell over 5% after Bank of America downgraded its rating from "Neutral" to "Underperform," while maintaining a target price of $34 [2] - Nvidia's stock dropped over 3%, with intraday losses exceeding 4%. Competitors like Tesla and Broadcom also saw declines of over 3%, while Microsoft and Meta fell nearly 1% [4] - Broadcom announced the launch of a new network chip named Thor Ultra, which is expected to intensify competition with Nvidia by enabling the connection of hundreds of thousands of data processing chips for AI applications [4] - Advanced Micro Devices (AMD) saw its stock rise over 2% as Oracle announced plans to deploy 50,000 upcoming MI450 AI chips in its data centers starting in Q3 2026 [6] Commodities Market - Rare earth stocks performed well, with Critical Metals and American Resources rising over 20% [7] - Gold and silver prices experienced significant volatility, with spot gold briefly surpassing $4,170 per ounce and spot silver reaching a historical high of over $53 per ounce. As of the latest update, spot gold was at $4,138.03 per ounce, up 0.7%, while spot silver was at $51.708 per ounce, down 1.22% [7]