Market Overview - On October 22, US stock indices closed lower, with the Dow Jones Industrial Average dropping over 300 points, down 0.71% [2]. - The Nasdaq index fell 0.93%, and the S&P 500 index decreased by 0.53% [2]. - The US Tech Giants Index declined by 0.51%, with Amazon and Apple each falling over 1% [4]. Tesla Performance - Tesla's stock fell 0.82% and continued to decline in after-hours trading, dropping over 4% at one point [4]. - For Q3, Tesla reported revenue of $28.1 billion, exceeding the estimate of $26.36 billion, with an operating profit of $1.62 billion, slightly below the forecast of $1.65 billion [4]. - The company's gross margin for Q3 was reported at 18.0% [4]. Commodity Market - In the commodities market, international gold prices showed mixed trends, with London spot gold down 0.65% to $4,097.94 per ounce, while COMEX gold futures rose 0.18% to $4,116.60 per ounce [5]. - Oil prices surged, with Brent crude futures increasing over 4% and WTI crude futures rising more than 3% [8]. - Factors contributing to the rise in oil prices include changes in international trade dynamics, an unexpected decline in US crude oil inventories reported by the EIA, and plans by the US Energy Department to replenish the Strategic Petroleum Reserve [8]. Chinese Stocks - The Nasdaq Golden Dragon China Index fell by 0.93%, with notable declines in individual stocks such as Pony.ai dropping nearly 7% and Hesai Technology and JinkoSolar each falling over 5% [4]. European Market - European stock indices showed mixed results, with Germany's DAX down 0.74%, France's CAC40 down 0.63%, and the UK's FTSE 100 up 0.93% [4].

Group 1 - Norinchukin Bank has adopted an "extremely cautious" stance towards purchasing Japanese government bonds due to significant losses from investments in US Treasuries [1][3] - The bank reported a loss of 1.8 trillion yen (approximately 12.6 billion USD) for the fiscal year ending in March, compared to a profit of 63.6 billion yen in the previous year [3] - The bank's unrealized bond losses were 1.24 trillion yen as of March 31, down from 2.2 trillion yen a year earlier [1][3] Group 2 - The new CEO Taro Kitabayashi is focused on rebuilding the bank's 40.3 trillion yen securities portfolio after the resignation of the former CEO due to the previous year's losses [3] - The bank is exploring other asset classes to include non-interest-sensitive assets in its investment portfolio, with investments in bonds, credit, and alternative assets [6] - The bank's holdings of mortgage-backed securities increased from 8.2 trillion yen to 8.3 trillion yen, accounting for 20% of its investment portfolio as of March 31 [6]