美股齐涨，科技股重拾涨势

Market Overview - US stock market continued its strong performance with major indices rising for four consecutive trading days, driven by a rebound in technology stocks and increasing probability of a Federal Reserve rate cut in December [2][4] - The Dow Jones Industrial Average rose by 314.67 points (0.67%) to close at 47,427.12, the Nasdaq Composite increased by 0.82% to 23,214.69, and the S&P 500 climbed 0.69% to 6,812.61 [2] Technology Sector - Major tech stocks showed mixed results, with Tesla and Microsoft up by 1.7%, Nvidia by 1.3%, and Apple by 0.2%, while Amazon, Meta, and Google experienced slight declines [2] - Dell Technologies surged by 5.8% due to strong demand for AI data center servers, exceeding quarterly earnings expectations [2] - Oracle's stock rose by 4.0%, with Deutsche Bank suggesting that even without OpenAI-related revenue, Oracle's EPS would only decrease from $21 to approximately $17 by FY2030, indicating minimal market valuation for its OpenAI business [2] Labor Market and Economic Indicators - Initial jobless claims fell by 6,000 to 216,000, the lowest level since April, while continuing claims showed an upward trend, reflecting a deteriorating consumer assessment of the labor market [3] - Durable goods orders increased by 0.5% in September, meeting market expectations, but the growth rate slowed compared to August [3] - Retail sales in the US grew by 0.2% in September, a deceleration from the revised 0.6% growth in August [3] Federal Reserve Insights - The Federal Reserve's Beige Book indicated ongoing economic challenges, with low hiring intentions and persistent inflation concerns, leading to discussions about potential rate cuts in December [4] - The CME FedWatch Tool shows an 84.9% probability of a 25 basis point rate cut next month, nearly doubling from the previous week [4] Investor Sentiment - Investors have temporarily set aside concerns about overvaluation in tech stocks, following optimistic earnings reports from Nvidia and Dell, which alleviated market fears [5] - The upcoming holiday season is expected to be positive, as indicated by a 3.4% rise in the S&P 1500 Airlines Index, reflecting increased consumer travel activity [5] Other Market Movements - Workday's stock fell over 8% after reporting third-quarter subscription revenue in line with expectations [6] - International oil prices saw slight increases, with WTI crude rising by 1.21% to $58.65 per barrel and Brent crude by 1.04% to $63.13 per barrel [6] - Gold prices experienced fluctuations, with COMEX gold futures for November delivery rising by 0.61% to $4,165.20 per ounce [7]