As of October 30, the three major U.S. stock indexes closed lower collectively. At the close, the Dow Jones Industrial Average fell 0.22%, closing at 42,141.54 points; the S&P 500 index fell 0.33%, closing at 5,813.67 points; the Nasdaq Composite index fell 0.56%, closing at 18,607.93 points, ending its four-day streak of gains. On the previous trading day, Google's parent company Alphabet reported Q3 earnings that exceeded expectations, with Google C opening up 7%, but the intraday gains continued to narrow, ultimately closing up 2.92%. AMD, which reported revenue below expectations, fell 10.62%, dragging down the chip sector.
Meanwhile, the AI "demon stock" closely related to Nvidia, Advanced Micro Devices, is mired in an audit storm. The company announced before the market opened that auditor Ernst & Young has submitted a resignation letter and expressed severe concerns about the company's accounting practices. In terms of economic data, the U.S. added 233,000 jobs in September, far exceeding the expected 114,000; the annualized quarterly GDP for the third quarter recorded 2.8%, below the market expectation of 3%. Analysts believe that this data could allow the Federal Reserve to cut interest rates consecutively in the coming quarters.
eToro investment and options analyst Bret Kenwell stated: "Robust but not strong growth aligns well with the current economic backdrop. If the data is too hot, investors might question the Federal Reserve's decision to cut rates by 50 basis points in September."#BabyMarvinf9c7合约地址 #BabyMarvin可以让你少走弯路 #美国大选后行情预测 
