Tesla(US:TSLA) Sou Hu Cai Jing·2025-11-05 03:32Market Overview - The US stock market experienced a significant decline, with major banks warning of a potential market pullback due to growing concerns over high valuations [1] - US Treasury prices rose, leading to lower yields, while the dollar strengthened against the euro, reaching a four-month high amid doubts about the Federal Reserve's interest rate cuts [1] - Oil prices fell due to weak manufacturing data and a strong dollar impacting demand, while OPEC+ decided to pause production increases in Q1 next year, indicating concerns over potential supply surplus [1] - Gold prices dropped over 1% as the dollar hit a three-month high, with traders awaiting US economic data for clues on the Fed's monetary policy direction [1] Stock Indices and Performance - Nasdaq Index closed at 23,348.64, down 2.04% for the day and up 20.91% year-to-date [2] - S&P 500 Index closed at 6,771.55, down 1.17% for the day and up 15.13% year-to-date [2] - Dow Jones Industrial Average closed at 47,085.24, down 0.53% for the day and up 10.67% year-to-date [2] - Hang Seng Index closed at 25,952.40, down 0.79% for the day and up 29.37% year-to-date [2] - Shanghai Composite Index closed at 3,960.19, down 0.41% for the day and up 18.15% year-to-date [2] Bond Yields - US 2-year Treasury yield closed at 3.5758%, down 0.80% for the day and down 15.84% year-to-date [2] - US 5-year Treasury yield closed at 3.6958%, down 0.70% for the day and down 15.82% year-to-date [2] - US 10-year Treasury yield closed at 4.0852%, down 0.61% for the day and down 10.72% year-to-date [2] Corporate News - Apple is reportedly preparing to launch its first low-cost laptop to attract users from Chromebook and entry-level Windows computers [4] - AMD's Q3 revenue growth exceeded average expectations, but the company's Q4 revenue outlook did not impress investors [4] - Tesla's sales in China for October showed a year-on-year decline, indicating challenges ahead for Q4 [9] - Morgan Stanley faces scrutiny related to the Trump administration's actions against "de-banking" [4] International Relations and Trade - The US Treasury Secretary indicated that there may be multiple meetings between the US and Chinese leaders next year, potentially allowing for the sale of Nvidia's high-end chips to China after the Blackwell chip becomes outdated [3] - The White House announced a reduction in tariffs on Chinese goods related to fentanyl from 20% to 10%, effective November 10 [3] - China initiated a series of activities aimed at promoting imports to alleviate trade partner concerns [5]