Sou Hu Cai Jing·2025-10-28 14:22Market Performance - US stock markets reached historical highs, with the Nasdaq and S&P 500 indices both rising over 1% [1] - Major tech stocks, including Tesla, Google, and Nvidia, saw significant gains, with Tesla increasing by over 4% [1] - Chinese concept stocks also experienced a majority increase, particularly in the new energy sector, with Daqo New Energy rising over 14% [1][3] Sector Analysis - The US solar and new energy indices rose by 8.46% and 8.22%, respectively, indicating strong performance in the renewable energy sector [2] - The autonomous driving and new energy vehicle indices also showed positive growth, with increases of 3.33% and 3.12% [2] Commodity Market - Gold prices fell below the $4000 mark, with the latest spot price reported at $3986.28 per ounce, reflecting a decline of over 2% [5] - The Philadelphia Gold and Silver Index dropped nearly 4%, with several mining stocks declining over 5% [5] Market Sentiment - Analysts noted a decrease in safe-haven demand for gold, as investors shifted towards equities and high-yield assets [8] - There is a prevailing expectation that the Federal Reserve will lower interest rates by 25 basis points, which is seen as a factor contributing to the strength of the stock market [8]