Sou Hu Cai Jing·2025-11-08 00:51Market Performance - The three major US stock indices experienced a cumulative decline this week, marking the worst week since early April, with the Nasdaq down 3.04%, the Dow down 1.21%, and the S&P 500 down 1.63% [3][2] - Technology stocks dragged down the Nasdaq, with the US Technology Seven Index falling 0.56% and Tesla dropping 3.71% [3][4] Gold Market - Gold prices showed volatility, rebounding to $4000 per ounce on November 7, with a cumulative decline of 0.06% for the week [7][6] - The gold market remains under pressure due to the strong US dollar and the ongoing government shutdown [6][7] Government Shutdown Impact - The US government shutdown has entered its 39th day, with negotiations between Democrats and Republicans stalled, leading to significant economic impacts [10][12] - The Congressional Budget Office estimates that if the shutdown lasts six weeks, economic losses could reach $11 billion, and $14 billion if it lasts eight weeks [12] Federal Reserve Interest Rate Debate - Internal debates within the Federal Reserve regarding a potential interest rate cut in December have intensified, with a 66.5% probability of a 25 basis point cut and a 33.5% chance of maintaining current rates [17][16] - Fed officials express differing views on the necessity of a rate cut, with some advocating for a more aggressive approach due to rising credit market pressures [16][13]