Zhi Tong Cai Jing·2025-10-24 23:44Market Performance - The three major U.S. indices reached historical highs, with the Dow Jones Industrial Average closing above 47,000 for the first time [1] - The Dow increased by 472.51 points (1.01%) to 47,207.12 points, while the Nasdaq rose by 263.07 points (1.15%) to 23,204.87 points, and the S&P 500 gained 53.25 points (0.79%) to 6,791.69 points [1] - Ford Motor Company saw a significant increase of 12%, while semiconductor stocks like Intel and AMD also performed well, with AMD rising by 7.63% [1] Economic Indicators - The U.S. Consumer Price Index (CPI) for September rose by 0.3% month-over-month, with a year-over-year increase of 3.0%, slightly above August's 2.9% [1] - Core CPI, excluding food and energy, increased by 0.2% month-over-month, with a year-over-year change from 3.1% in August to 3.0% in September [1] European Market Performance - The German DAX30 index rose by 21.17 points (0.09%) to 24,240.26 points, while the UK FTSE 100 index increased by 61.27 points (0.64%) to 9,639.84 points [2] - The French CAC40 index saw a slight decline of 0.15 points, remaining stable at 8,225.63 points [2] Commodity Prices - Light crude oil futures for December delivery fell by $0.28 to $61.50 per barrel, a decrease of 0.47% [2] - Spot gold decreased by 0.31%, priced at $4,112.75 [4] Cryptocurrency Developments - Bitcoin rose by 0.78% to $110,972.2, while Ethereum increased by nearly 1.9% to $3,930.88 [2] - JPMorgan plans to allow institutional clients to use their Bitcoin and Ethereum holdings as collateral for loans by the end of the year [2] Company News - WeRide (WRD.US) and Uber (UBER.US) launched Robotaxi public operations in Riyadh, marking a significant milestone for autonomous vehicle deployment in Saudi Arabia [8] - IBM (IBM.US) and AMD (AMD.US) stocks surged after reports indicated IBM's ability to run quantum error correction algorithms on AMD chips, with IBM reaching a historical high of $310.75 [8] Analyst Ratings - Wedbush raised Intel's (INTC.US) target price from $20 to $30 [9] - Deutsche Bank lowered Blackstone's (BX.US) target price from $188 to $166 [9]