RTTNews·2025-11-03 21:11Market Performance - Major U.S. stock indexes exhibited mixed performance, with the Dow falling by 226.19 points (0.5%) to 47,336.68, while the S&P 500 rose by 11.77 points (0.2%) to 6,851.97 and the Nasdaq climbed by 109.77 points (0.5%) to 23,834.72 [1] Company Highlights - Amazon's shares surged by 4.0% to a record closing high following a $38 billion agreement with OpenAI to provide Amazon Web Services' infrastructure for AI workloads [2] - Nvidia's stock increased by 2.2% after Microsoft secured export licenses to ship Nvidia chips to the UAE [3] - Merck's shares dropped by 4.1%, contributing to the Dow's decline, alongside notable decreases in Nike, 3M, and Chevron [3] Economic Indicators - The Institute for Supply Management reported that manufacturing activity contracted at a faster rate in October, with the manufacturing PMI slipping to 48.7 from 49.1 in September, below the expected 49.5 [5] Sector Performance - Oil service stocks performed strongly, with the Philadelphia Oil Service Index rising by 2.2% due to a modest increase in crude oil prices [6] - Retail stocks gained momentum, driven by Amazon's performance, leading the Dow Jones U.S. Retail Index up by 1.7% [6] - Computer hardware stocks showed significant strength, while housing stocks experienced notable declines [6] International Markets - In the Asia-Pacific region, stocks mostly moved higher, with China's Shanghai Composite Index climbing by 0.6% and South Korea's Kospi surging by 2.8% [7] - European markets had a mixed performance, with the German DAX Index advancing by 0.7%, while the French CAC 40 Index and the U.K.'s FTSE 100 Index edged down by 0.1% and 0.2%, respectively [7] Bond Market - Treasuries showed a lack of direction, with the yield on the benchmark ten-year note increasing slightly to 4.106% [8]