Di Yi Cai Jing Zi Xun·2025-10-30 23:13Group 1: Market Overview - The U.S. stock market experienced a collective decline, with technology stocks leading the drop due to concerns over increased capital expenditures from major companies like Meta and Microsoft [1][2] - The Dow Jones Industrial Average fell by 109.88 points to 47522.12, a decrease of 0.23%; the S&P 500 dropped by 68.25 points to 6822.34, down 0.99%; and the Nasdaq Composite fell by 377.33 points to 23581.14, a decline of 1.57% [1] - The Nasdaq China Golden Dragon Index decreased by 1.88%, with notable declines in stocks such as Bilibili (over 5%), NetEase (over 4%), Alibaba (over 3%), and JD.com (nearly 3%) [1] Group 2: Company-Specific Performance - Meta Platforms saw a significant drop of 11.3%, marking its largest single-day decline in three years, following concerns about a substantial increase in capital expenditures projected for 2026 [2] - Microsoft shares fell by 2.9% after reporting a capital expenditure of nearly $35 billion for the first fiscal quarter, with warnings of further increases throughout the year [2] - Amazon's stock surged by 11% after reporting Q3 earnings of $1.95 per share, exceeding expectations of $1.57, and revenue of $180.2 billion, surpassing the anticipated $177.9 billion [3] - Apple's Q4 revenue reached $102.47 billion, exceeding market expectations, with a forecast of double-digit growth in iPhone sales for the current quarter despite supply constraints [3] Group 3: Sector Performance - Among the 11 major sectors in the S&P 500, 7 sectors declined, with the consumer discretionary sector experiencing the largest drop of 2.6% [4] - The real estate sector was the only one to show positive performance, increasing by 0.7% [4] Group 4: Economic Indicators - The Federal Reserve lowered interest rates by 25 basis points, but uncertainty remains regarding future rate cuts, with the probability of a December cut dropping from over 90% to about 70% [3]