Apple(US:AAPL) Zhong Guo Zheng Quan Bao·2025-10-20 23:20Core Viewpoint - The U.S. stock market experienced a broad rally on October 20, with major indices rising, driven by strong performance in large tech stocks, particularly Apple, which saw a nearly 4% increase, indicating positive market sentiment and consumer demand for new products [1][3][4]. Group 1: U.S. Stock Market Performance - The Dow Jones Industrial Average rose by 1.12% to close at 46,706.58 points, the S&P 500 increased by 1.07% to 6,735.13 points, and the Nasdaq Composite gained 1.37% to finish at 22,990.54 points [1]. - The U.S. tech giants index increased by 1.44%, with notable individual stock performances including Apple up nearly 4%, Meta up over 2%, and Tesla, Amazon, and Google-C each rising over 1% [3]. Group 2: Apple Inc. Insights - Apple’s stock reached a new high for 2025, with analysts noting stronger-than-expected consumer demand for the new iPhone series, leading to an increase in upgrade cycle expectations [3]. - According to Counterpoint Research, iPhone 17 series sales in the first 10 days post-launch in China and the U.S. were 14% higher than the iPhone 16 during the same period [3]. - Loop Capital upgraded Apple’s rating from hold to buy, raising its target price from $226 to $315 per share due to the anticipated rebound in demand [3]. Group 3: Chinese Stocks Performance - Chinese stocks also saw a positive trend, with the Nasdaq China Golden Dragon Index rising by 2.39% and the Chinese tech leaders index increasing by 2.31% [3]. - Individual stocks such as iQIYI surged over 8%, Century Internet rose nearly 7%, and TAL Education increased by over 6% [3]. Group 4: Market Sentiment and Economic Factors - Multiple factors contributed to the positive sentiment in the U.S. stock market, including expectations that the U.S. government may end its shutdown and efforts to mitigate trade tensions [4]. - The strong start to the third-quarter earnings season further bolstered investor confidence, with widespread anticipation of a 25 basis point rate cut by the Federal Reserve in late October [4]. Group 5: Commodity Market Trends - In the commodities market, international precious metal futures saw gains, with COMEX gold futures rising by 3.82% to $4,374.30 per ounce and COMEX silver futures increasing by 2.59% to $51.40 per ounce [4]. - Conversely, crude oil prices fell, with West Texas Intermediate (WTI) down 0.38% to $56.93 per barrel and Brent crude down 0.57% to $60.94 per barrel, attributed to rising global oil production and slowing economic growth [6].