Market Performance - US stock markets collectively rose, with the three major indices experiencing gains for the third consecutive trading day. The S&P 500 index increased by nearly 1%, while the Dow Jones Industrial Average rose over 1% [1][5] - Specific index performances included: Dow Jones at 47112.45 (+664.18, +1.43%), S&P 500 at 6765.88 (+60.76, +0.91%), and Nasdaq at 23025.59 (+153.58, +0.67%) [2][5] Federal Reserve Developments - The final interviews for the new Federal Reserve Chair candidates are expected to conclude soon, with Kevin Hassett being viewed as the frontrunner for the position [8][9] - Federal Reserve Governor Milan stated that the US economy requires significant interest rate cuts, indicating that current monetary policy is hindering economic growth and contributing to rising unemployment [3][15] - Financial markets anticipate a 25 basis point rate cut during the Federal Reserve's meeting on December 9-10, which would lower the federal funds rate target range from 3.75% to 4% [15] Technology Sector Insights - Nvidia claimed its technology remains "a generation ahead of the industry," asserting it is the only platform capable of running all AI models across various computing scenarios [4][5] - Nvidia's stock faced a significant drop of over 7% before recovering slightly, closing down approximately 2.6%, marking a two-month low in market value [6] International Relations - Reports indicate that Ukraine has tentatively agreed to a peace agreement proposed by the US, although some terms are still under discussion [11][10] - The US and Ukrainian delegations have reached consensus on core terms of the peace agreement, with expectations for Ukrainian President Zelensky to visit the US soon to finalize the deal [11]

Market Overview - Japanese and South Korean stock markets both saw gains, with the Nikkei 225 index rising by 350.40 points, a 0.72% increase, closing at 49009.92 points [5] - The three major U.S. stock indices also closed higher for the third consecutive trading day, with the Dow Jones increasing by 1.43% to 47112.45 points, the S&P 500 up by 0.91% to 6765.88 points, and the Nasdaq rising by 0.67% to 23025.59 points [5] - European stock indices also performed well, with the FTSE 100 index in London closing at 9609.53 points, a 0.78% increase, the CAC40 index in Paris at 8025.80 points, up by 0.83%, and the DAX index in Frankfurt at 23445.62 points, a 0.89% rise [5] International Macro - The U.S. federal government budget deficit for October reached $284 billion, largely due to the impact of a recent government shutdown that lasted 43 days, delaying payments such as government employee salaries [7] - The announcement of the next Federal Reserve Chair is expected soon, with Kevin Hassett being viewed as the leading candidate [7] - Federal Reserve Governor Milan stated that the U.S. economy requires significant interest rate cuts, claiming that current monetary policy is hindering economic growth and gradually increasing unemployment [8] Corporate News - Nvidia claims its technology remains a generation ahead of the industry, being the only platform capable of running all AI models across various computing scenarios [8] - Apple is projected to surpass Samsung and reclaim its title as the world's largest smartphone manufacturer, driven by the successful launch of the new iPhone series and a surge in consumer upgrades. Apple is expected to capture 19.4% of the smartphone market, which is anticipated to grow by 3.3% overall in 2025 [8]