21世纪经济报道·2025-10-11 00:06Market Overview - The U.S. stock market experienced a significant decline on October 10, with the Dow Jones falling by 1.9%, the Nasdaq dropping by 3.56%, and the S&P 500 decreasing by 2.71%, marking the largest single-day drop since April [1][3] - Major technology stocks also saw substantial losses, with Nvidia's market value evaporating by $228.7 billion (approximately 1.63 trillion yuan) in one night [4] Asset Performance - The Nasdaq China Golden Dragon Index fell by over 6%, with notable declines in popular Chinese stocks such as NIO and Baidu, which dropped more than 10% and 8% respectively [4][3] - Gold prices increased, with COMEX gold futures rising by 1.58% to $4,035.50 per ounce, while international oil prices fell, with WTI crude oil dropping by 5.32% to $58.24 per barrel [9][14] Economic Indicators - U.S. Treasury yields collectively decreased, with the 2-year yield falling by 1.63 basis points and the 10-year yield down by 1.95 basis points [5] - The U.S. dollar index fell by 0.56%, closing at 98.977, reflecting a broader trend of currency fluctuations amid market volatility [6] Government Shutdown Impact - The ongoing U.S. government shutdown, which entered its tenth day, has led to concerns about economic data availability and potential impacts on market sentiment [7][15] - Analysts suggest that while the stock market may react negatively in the short term, historical data indicates that the S&P 500 has shown resilience during previous government shutdowns, with an average gain of 2.91% [16][17]