Zhi Tong Cai Jing·2025-10-27 14:31Core Viewpoint - US stock indices opened higher on Monday, with the Nasdaq rising by 1.45%, driven by gains in major tech stocks, amid positive developments in US-China trade talks and expectations of a Federal Reserve interest rate cut [1] Group 1: Market Performance - Major tech stocks saw significant gains, with Intel (INTC.US) up over 4%, Tesla (TSLA.US), Nvidia (NVDA.US), and Google A (GOOGL.US) rising over 2%, and Apple (AAPL.US) and Microsoft (MSFT.US) increasing by more than 1% [1] - The overall market sentiment improved due to multiple favorable factors, including progress in US-China trade negotiations and a potential ceasefire in the Russia-Ukraine conflict [1] Group 2: Economic Indicators - The US Treasury Secretary stated that there are no longer considerations for imposing a 100% tariff on China, which has positively influenced market sentiment [1] - There is an increasing expectation in the market for a 25 basis point interest rate cut by the Federal Reserve this week [1] Group 3: Sector Focus - Huaxi Securities (002926) highlighted that the "big tech" sector remains a long-term focus for investment, especially in the context of the accelerating global AI arms race [1] - Upcoming earnings reports from A-share listed companies and US tech giants are anticipated to be significant, with AI capital expenditure guidance from tech giants expected to be a focal point [1] - The global tech AI market is entering a synchronized window of opportunity, driven by the rapid advancements in AI technology [1]