雪球·2025-11-29 04:09Market Overview - On November 28, U.S. stock markets experienced a rise despite a trading halt caused by a technical issue at the Chicago Mercantile Exchange, with the Dow Jones up 0.61%, Nasdaq up 0.65%, and S&P 500 up 0.54%, marking five consecutive days of gains [1] - For the week, the Dow Jones rose over 3%, while Nasdaq and S&P 500 saw nearly 4% increases [1] November Performance - November saw a pullback in technology stocks due to rising concerns about the future profitability of AI companies, leading to a 1.51% decline in the Nasdaq Composite Index, ending a seven-month streak of gains [3] - The S&P 500 and Dow Jones managed slight monthly increases, achieving seven consecutive months of gains [3] Notable Stock Movements - In November, notable stock performances included Eli Lilly up 24.82%, Google A up 13.87%, and Apple up 3.24%, while Meta, TSMC, Amazon, Microsoft, Tesla, and Nvidia saw declines ranging from 0.06% to 12.59% [5] AI Market Dynamics - Citic Securities highlighted that Google's model optimization reflects ongoing iterations in large models, which will drive sustained demand for computing power, supported by Nvidia's strong earnings report [7] - Concerns have arisen regarding Google's self-developed TPU potentially impacting Nvidia's market share in AI chips, but Nvidia's CEO emphasized the vast and rapidly growing AI market, asserting the company's unique position in providing comprehensive solutions [7] Federal Reserve Focus - As the December FOMC meeting approaches, market attention is on the increasing expectations for a 25 basis point rate cut, with the probability rising to 86.9% from under 30% a week prior [9][10] - Recent comments from Federal Reserve officials have reinforced the likelihood of a rate cut due to economic and employment weaknesses [10] Commodity Market Insights - Gold prices performed well, with COMEX gold futures rising 3.36% to $4257.30 per ounce, supported by strong ETF demand and central bank purchases [11] - Morgan Stanley's commodity strategists forecast gold prices could reach $4500 per ounce by mid-2026 [11] Intel's Strategic Move - Intel's stock surged 10.2% following reports that it may begin shipping M-series processors to Apple as early as 2027, marking a significant collaboration after a five-year hiatus [13] - This partnership is seen as strategically beneficial for both companies, with Intel potentially overcoming its challenges in advanced process technology and improving its long-term outlook [15]