黄金大涨！中国资产爆发！

Market Performance - On October 20, U.S. stock indices collectively rose, with the Dow Jones Industrial Average up by 515.97 points (1.12%) closing at 46,706.58 points, the Nasdaq up by 310.57 points (1.37%) at 22,990.54 points, and the S&P 500 up by 71.12 points (1.07%) at 6,735.13 points [1] Sector Performance - Major technology stocks mostly increased, with Facebook rising over 2%, Tesla, Amazon, and Google up more than 1%, Microsoft up 0.63%, and Nvidia down 0.32%. Apple saw a nearly 4% increase, reaching a new closing high [3] - Bank stocks experienced a broad increase, with JPMorgan Chase, Goldman Sachs, and Bank of America rising over 1%, Citigroup and Morgan Stanley up over 2%, and Wells Fargo up over 3% [4] - Semiconductor stocks mostly rose, with ON Semiconductor up over 4%, Skyworks Solutions up over 4%, ARM up over 3%, Advanced Micro Devices up over 3%, and Microchip Technology up over 2%. However, Marvell Technology fell over 2% [5] - Energy stocks collectively increased, with ExxonMobil up 0.41%, Chevron nearly 1%, ConocoPhillips up 0.67%, Schlumberger up over 2%, and Occidental Petroleum up 0.32% [5] - Gold stocks rose, with NovaGold Resources up over 5%, Coeur Mining and Barrick Gold up over 4%, and Kinross Gold up over 3% [6] Chinese Stocks - The Nasdaq Golden Dragon China Index rose by 2.39%, with popular Chinese stocks generally increasing. iQIYI rose over 8%, NIO nearly 5%, Kingsoft Cloud up over 4%, Alibaba nearly 4%, and Bilibili and Baidu up nearly 2% [7] Market Sentiment - Multiple factors boosted market sentiment, including expectations that the U.S. government may end its shutdown, which supported stock indices. Additionally, efforts to avoid a full-blown trade conflict were noted, potentially easing economic impacts. A strong start to the third-quarter earnings season further enhanced investor confidence, with widespread expectations for a 25 basis point rate cut by the Federal Reserve in late October [7] Commodity Prices - International precious metal futures rose, with COMEX gold futures up 3.82% at $4,374.30 per ounce, London spot gold up 2.45% at $4,355.69 per ounce, and COMEX silver futures up 2.59% at $51.40 per ounce [7] - Crude oil prices fell, with the main U.S. oil contract down 0.38% at $56.93 per barrel and Brent crude down 0.57% at $60.94 per barrel. Analysts attributed the decline to rising global oil production and slowing economic growth, which exacerbated supply-demand imbalances [7]