AMD(US:AMD) 证券时报·2025-10-09 00:08Core Viewpoint - The U.S. stock market showed mixed results on October 8, with the Nasdaq and S&P 500 reaching historical highs, while the Dow Jones experienced a slight decline. The Federal Reserve's September meeting minutes revealed internal disagreements regarding future interest rate cuts, coinciding with the ongoing federal government shutdown that has entered its second week [1][5][8]. Market Performance - The Dow Jones fell by 1.20 points, closing at 46,601.78 points. The Nasdaq rose by 255.02 points, a 1.12% increase, closing at 23,043.38 points. The S&P 500 gained 39.13 points, up 0.58%, ending at 6,753.72 points [2]. - During intraday trading, the Nasdaq peaked at 23,045.14 points, and the S&P 500 reached 6,755.64 points, both marking intraday historical highs [4]. Federal Reserve Insights - The minutes from the Federal Reserve's September meeting indicated a strong inclination among officials to lower interest rates, with a consensus on the need for a reduction due to a weak labor market. However, there was disagreement on whether to implement two or three rate cuts within the year [3][5][6]. - The meeting minutes emphasized that most participants believed further easing of monetary policy might be appropriate in the remaining months of the year [7]. Government Shutdown Impact - The federal government shutdown has lasted for eight days, with the Senate failing to pass competing temporary spending bills. Although the shutdown has had limited immediate effects on the stock market, prolonged disruption could pose greater risks to market sentiment due to potential economic impacts [8]. Sector Performance - In the S&P 500, seven out of eleven sectors saw gains, with the technology and industrial sectors leading with increases of 1.52% and 0.85%, respectively. The energy sector experienced the largest decline at 0.57% [9]. - Major technology stocks generally rose, with AMD surging over 11%, marking a three-day cumulative increase of 43%. Other notable gains included TSMC up over 3%, and Nvidia rising over 2% [10][12]. AMD Developments - AMD's stock reached a new historical high, driven by a four-year partnership with OpenAI to supply AI chips, which is expected to generate hundreds of billions in revenue for AMD [12]. - Nvidia also reported a 2.2% increase, attributed to rising demand and positive sentiments regarding its investments in AI startups [12]. Financial Sector Trends - The financial sector saw most stocks decline, with major banks like Wells Fargo, Goldman Sachs, and JPMorgan falling over 1%. Energy stocks also faced widespread declines, with several major companies experiencing drops [13]. Chinese Stocks Performance - Chinese stocks listed in the U.S. mostly rose, with the Nasdaq China Golden Dragon Index increasing by 0.87%. Notable gainers included NIO and Futu Holdings, both rising over 4% [13].