智通财经网·2025-10-31 23:57Market Performance - The three major U.S. indices closed higher, with the S&P 500 index achieving a six-month consecutive increase, rising 2.27% this month, marking the longest monthly winning streak since August 2021 [1] - The Dow Jones index also saw a six-month consecutive increase, up 2.51% this month, while the Nasdaq index recorded a seven-month consecutive increase, rising 4.7%, the longest streak since January 2018 [1] - As of the close, the Dow rose by 40.75 points (0.09%) to 47,562.87 points, the Nasdaq increased by 143.81 points (0.61%) to 23,724.96 points, and the S&P 500 gained 17.86 points (0.26%) to 6,840.20 points [1] Commodity Prices - WTI crude oil futures for December delivery rose by 0.7%, settling at $60.98 per barrel, while January Brent crude oil futures increased by 0.6% to $64.77 per barrel [3] - OPEC+ is expected to agree on a slight increase in oil production targets for December, with a potential increase of 137,000 barrels per day, amid concerns of oversupply in the market [3] Cryptocurrency - Bitcoin rose over 1% to $10.9, while Ethereum surpassed $3,900 per coin, increasing by 2.54% [4] Precious Metals - Spot gold fell by 0.55% to $4,002.62, with Morgan Stanley projecting gold prices could rise to $4,500 per ounce by mid-2026 due to strong physical demand from ETFs and central banks [5] Federal Reserve Insights - Federal Reserve Governor Waller indicated that data suggests a rate cut in December, despite concerns about the labor market and inflation [6] - Several Federal Reserve officials expressed caution regarding excessive rate cuts, emphasizing the need to maintain a restrictive policy to control inflation [7] Corporate Developments - Tesla CEO Elon Musk announced plans to potentially unveil a flying car by the end of this year, claiming it will surpass all James Bond vehicles [8] - Coinbase is in advanced talks to acquire stablecoin infrastructure company BVNK for approximately $2 billion, aiming to enhance its stablecoin business [8] Analyst Ratings - HSBC raised its target price for Apple (AAPL.US) from $220 to $250 [9] - UBS increased its target price for Amazon (AMZN.US) from $279 to $310, maintaining a buy rating [9]