Core Insights - The report highlights the expectation of a minimum 25 basis point interest rate cut by the Federal Reserve in December, with a 50 basis point cut deemed appropriate [4] - It notes that the U.S. Senate has reached an agreement to end the federal government shutdown, which may positively impact market stability [4] - The report emphasizes the significant growth in the new energy vehicle sector, with retail sales reaching 1.282 million units in October, achieving a penetration rate of 57.2% [4] - It mentions a breakthrough in solar technology, with the efficiency of perovskite solar cells reaching 27.2% [4] - The report discusses the collaboration between Insilico Medicine and Eli Lilly, valued at over $100 million, focusing on AI in drug development [4] - It indicates that TSMC's sales in October increased by 16.9% year-on-year [4] Economic Data Summary - The Baltic Dry Index closed at 2104.00, up 1.99% [5] - The Nasdaq Index closed at 23527.17, up 2.27% [5] - The Dow Jones Industrial Average closed at 47368.63, up 0.81% [5] - The S&P 500 closed at 6832.43, up 1.54% [5] - The Hang Seng Index closed at 26649.06, up 1.55% [5] - The Shanghai Composite Index closed at 4018.60, up 0.53% [5]