海外高频 | 美国政府结束关门，ADP就业强于预期（申万宏观·赵伟团队）

Group 1 - The U.S. government has ended its shutdown after a bipartisan agreement was reached, impacting 670,000 federal employees who were on unpaid leave, while 1.52 million continued to work and receive pay, representing 52% of federal civilian employees [48][46][69] - The October ADP employment report showed an increase of 42,000 jobs, surpassing the market expectation of 30,000, alleviating concerns about a weakening U.S. economy [60][57][69] - The ISM manufacturing PMI for October fell to 48.7, indicating contraction, while the services PMI rose to 52.4, suggesting stability in the job market [57][69] Group 2 - Global stock indices mostly declined, with the S&P 500 down 1.6% and the Nasdaq down 3.0%, while the Hang Seng Index rose by 1.3% [1][8] - In the U.S. stock market, sectors such as energy, healthcare, and real estate saw increases of 1.5%, 1.3%, and 1.0% respectively, while information technology and consumer discretionary sectors fell by 4.2% and 1.5% [5][8] - Emerging market indices also experienced declines, with the Korean Composite Index down 3.7% and the Indian SENSEX30 down 0.9% [1][8] Group 3 - The U.S. 10-year Treasury yield remained stable at 4.11%, while yields in other developed countries increased, with France's yield rising to 3.46% and Germany's to 2.75% [12][17] - The dollar index decreased by 0.2% to 99.55, while most major currencies appreciated against the dollar, including the euro and yen [21][28] - Commodity prices mostly fell, with WTI crude oil down 2.0% to $59.8 per barrel and COMEX gold remaining flat at $3995.2 per ounce [32][38]