Core Viewpoint - The U.S. stock market reached new historical highs, driven by Nvidia's strong rebound and investor optimism regarding the earnings outlook of tech giants [1][2]. Group 1: Stock Market Performance - On October 28, the Dow Jones index rose by 0.34% to close at 47,706.37 points, the Nasdaq index increased by 0.8% to 23,827.49 points, and the S&P 500 index gained 15.73 points, closing at 6,890.89 points [1]. - The performance of the "Big Seven" tech stocks was mixed, with Nvidia up 4.98%, Microsoft up 1.98%, Tesla up 1.80%, and Amazon up 1.00%. Meta rose slightly by 0.08%, Apple was nearly flat with a 0.07% increase, while Google fell by 0.67% [1]. Group 2: Nvidia's Performance and Innovations - Nvidia's stock surged, reaching a market capitalization of $4.89 trillion, marking a nearly 50% increase year-to-date and continuing a strong trend since surpassing $4 trillion in July [1]. - The GTC conference in Washington D.C. served as a catalyst for Nvidia's stock rise, where CEO Jensen Huang announced various technological innovations and industry collaboration plans across AI, quantum computing, autonomous driving, and communications [1]. - Huang dismissed concerns about an AI bubble, stating that the company's latest chips are expected to generate $500 billion in revenue over the next five quarters [2]. Group 3: Impact on Semiconductor Sector - Nvidia's surge positively influenced other semiconductor stocks, with Intel rising by 5.03% and Broadcom increasing by 3.02% [2]. - Nokia's stock jumped by 22.84% following Nvidia's announcement of a $1 billion investment to accelerate AI-RAN innovation and lead the transition from 5G to 6G [2].

Group 1 - The core focus of the market is shifting towards the upcoming Jackson Hole global central bank meeting, where investors are seeking clear guidance on future interest rate paths [1][9] - Intel shares rose approximately 6% following a $2 billion investment agreement with SoftBank, which will purchase Intel common stock at $23 per share [2][4] - European stock indices opened higher, with Germany's DAX30 up 0.24%, UK's FTSE 100 up 0.07%, France's CAC40 up 0.13%, and the Euro Stoxx 50 up 0.25% [2][4] Group 2 - The U.S. dollar index maintained a slight decline of less than 0.2%, while the 10-year U.S. Treasury yield remained stable at 4.34% [4][9] - The market anticipates an 80% probability of a 25 basis point rate cut by the Federal Reserve next month, with expectations for two additional cuts by the end of the year [9] - Nvidia is reportedly preparing to launch a more powerful new chip for the Chinese market, although its stock price showed little change in pre-market trading [9]