Nvidia(US:NVDA) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-04 23:33Market Overview - Global financial markets experienced significant declines, with major U.S. stock indices all closing lower: Dow Jones down 0.53%, S&P 500 down 1.17%, and Nasdaq down 2.04%, losing nearly 500 points [1] - Large tech stocks saw widespread losses, with Intel dropping over 6%, Tesla down over 5% (losing $80.2 billion in market value), Nvidia down over 3% (losing $199 billion), and Google, Amazon, and Meta also declining [1] - The Nasdaq Golden Dragon China Index fell 2.05%, with notable declines in Chinese stocks such as Xiaoma Zhixing down nearly 10% and Futu Holdings down over 7% [1] International Indices and Commodities - FTSE A50 futures fell 0.24%, closing at 15,221 points [2] - European indices also declined: Euro Stoxx 50 down 0.27%, CAC 40 down 0.52%, and DAX 30 down 0.6% [2] - Asian markets saw significant drops, with the Seoul Composite Index down 2.4%, Nikkei 225 down 1.7%, and Hang Seng Index down 0.79% [2] - International precious metals futures generally fell, with COMEX gold down 1.81% to $3,941.30 per ounce and silver down 2.40% to $46.90 per ounce [2] - International oil futures saw slight declines, with WTI crude down 0.8% to $60.56 per barrel and Brent crude down 0.69% to $64.44 per barrel [2] Market Sentiment and Analysis - Over 460,000 positions were liquidated in the past 24 hours, resulting in a loss of $2.025 billion [3] - The U.S. government shutdown has reached 35 days, impacting various sectors including aviation, food relief, and healthcare [3] - The market sell-off was triggered by a significant drop in AI stock Palantir, despite reporting record revenue and raising annual forecasts, leading to concerns over tech stock valuations [3] - Statements from CEOs of Goldman Sachs and Morgan Stanley indicated potential market pullbacks of 10% to 20% and 10% to 15%, respectively, suggesting a reassessment of market conditions [3] - Concerns about an AI bubble were raised, highlighting risks such as high government debt, overvalued stock prices, and excessive private debt without adequate regulation [3]