Di Yi Cai Jing·2025-10-29 23:27Market Reaction to Federal Reserve's Decision - The U.S. stock market experienced volatility after Federal Reserve Chairman Jerome Powell indicated that a rate cut in December is not guaranteed, leading to a decline in market sentiment [2] - The Dow Jones Industrial Average fell by 74.37 points, a decrease of 0.16%, closing at 47,632.00 points, while the Nasdaq rose by 0.55% to 23,958.47 points [2] Federal Reserve's Policy Changes - The Federal Reserve lowered the overnight benchmark interest rate by 25 basis points, bringing it to a range of 3.75% to 4%, marking the second rate cut of the year [2] - Powell highlighted strong internal disagreements among committee members regarding future policy direction, stating that the December meeting's decisions are not predetermined [2][3] Market Analysts' Perspectives - Analysts suggest that the market often overreacts to Federal Reserve announcements, emphasizing that any rate cut is not guaranteed and is data-dependent [3] - Concerns were raised about the current inflation levels being above the Fed's target, indicating that the market's previous pricing of future rate cuts may have been overly aggressive [3] Individual Stock Movements - Nvidia's stock surged by 3.0%, with its market capitalization exceeding $500 billion, following the announcement of a $1 billion investment in Nokia [4] - Nvidia's stock has increased by over 50% this year, leading the rise in AI-related stocks, with Apple and Microsoft also surpassing $4 trillion in market capitalization [4] Sector Performance - The storage sector saw significant gains, with Seagate Technology's stock rising by 19.1% after reporting Q3 revenue of $2.63 billion, a 21% year-over-year increase [5] - Conversely, Mondelez International's stock fell by 3.9% due to a decline in gross profit and a lowered full-year earnings outlook [5] International Market Trends - The Nasdaq China Golden Dragon Index experienced a slight decline of 0.03%, with Alibaba and Baidu seeing gains, while JD.com and NetEase faced losses [6] - International oil prices increased slightly, with WTI crude oil rising by 0.55% to $60.48 per barrel, and Brent crude oil up by 0.81% to $64.92 per barrel [6]