Zhi Tong Cai Jing·2025-10-21 23:43Market Performance - US stock indices closed mixed, with the Dow Jones reaching a new high driven by corporate earnings, while tech and small-cap stocks were pressured by trade uncertainties, leading to a decline in the Nasdaq [1] - The Dow Jones increased by 218.16 points (0.47%) to 46,924.74, while the Nasdaq fell by 36.88 points (0.16%) to 22,953.67, and the S&P 500 barely remained flat, gaining 0.22 points to 6,735.35 [1] - In the European market, the Eurozone Stoxx 50 index rose by 0.10% to a record high of 5,686.83, with Germany's DAX 30 up 0.29% and France's CAC 40 up 0.64% [1] Commodities - WTI crude oil for November delivery rose by $0.30 (0.52%) to $57.82 per barrel, while Brent crude for December delivery increased by $0.31 (0.51%) to $61.32 per barrel [2] - Gold and silver experienced significant sell-offs, with gold dropping over 5.7%, marking its largest single-day decline since 2013, and silver falling nearly 8% [4][7] Cryptocurrency - Bitcoin rose by 0.7% to $111,811, while Ethereum experienced wide fluctuations, trading at $3,995 [3] Corporate Earnings - Texas Instruments (TXN.US) issued disappointing earnings guidance, indicating a slowdown in the semiconductor recovery, with Q3 revenue of $4.74 billion, slightly above expectations, but EPS of $1.48 fell short [8] - Netflix (NFLX.US) reported Q3 earnings impacted by a tax dispute in Brazil, with operating profit of $3.24 billion, approximately $400 million below expectations, despite a consistent outlook for Q4 [9] - Alliance West Bank (WAL.US) exceeded earnings expectations with a 27% YoY profit increase, reporting net income of $250.2 million and EPS of $2.28, alleviating market tensions [10] Technology Developments - Apple is facing engineering challenges with its large foldable iPad project, potentially delaying its release from 2028 to 2029 or later due to issues with weight, functionality, and display technology [11] - OpenAI launched its AI-driven web browser, ChatGPT Atlas, marking a competitive move against Google, aimed at providing a personalized browsing experience [12]