Market Performance - On October 23, US stock indices rose across the board, with the Dow Jones Industrial Average increasing by 0.31%, the S&P 500 rising by 0.58%, and the Nasdaq Composite gaining 0.89% [1] - The Nasdaq Golden Dragon China Index saw a rise of 1.66%, with major Chinese stocks also experiencing gains: Alibaba up 3.64%, Baidu nearly 3%, JD.com over 2%, and Xpeng Motors and NetEase both up over 1% [1] Oil and Commodity Prices - Oil prices surged on October 23, with WTI crude oil futures increasing by 5.62% to $61.79 per barrel, and Brent crude oil futures rising by 5.43% to $65.99 per barrel [1] - COMEX gold futures rose by 1.62% to $4,131.20 per ounce, while COMEX silver futures increased by 1.81% to $48.545 per ounce [2] Investment Outlook - Goldman Sachs indicated that the Chinese stock market is entering a slow bull market, predicting a 30% increase in major stock indices by the end of 2027 [3] - The firm suggested that investor strategies should shift from "selling on highs" to "buying on lows" as the bull market develops [3] - Morgan Stanley's chief China equity strategist noted that global investors' allocation to Chinese stocks remains relatively low, indicating a trend towards increased investment in Chinese assets in the long term [3]
全线大涨!
Sou Hu Cai Jing·2025-10-24 00:44