(October 30), the three major U.S. stock indexes closed lower. As of the close, the Dow Jones Industrial Average fell 0.22% to 42,141.54 points; the S&P 500 fell 0.33% to 5,813.67 points; and the Nasdaq Composite Index fell 0.56% to 18,607.93 points, ending a four-day winning streak. On the previous trading day, Google's parent company Alphabet announced Q3 results that exceeded expectations. Google C opened 7% higher, but the intraday gains continued to narrow, and finally closed up 2.92%. AMD, whose revenue was lower than expected, closed down 10.62%, dragging down the chip sector.
At the same time, AMD, an "AI monster stock" with close ties to Nvidia, was caught in an audit storm. The company issued a pre-market announcement that auditor Ernst & Young had submitted a letter of resignation and raised harsh concerns about the company's accounting practices. In terms of economic data, the US "small non-farm" added 233,000 jobs in September, far exceeding the expected 114,000; the annualized quarterly rate of GDP in the third quarter was 2.8%, lower than the market's expectation of 3%. Analysts believe that these data can allow the Federal Reserve to cut interest rates continuously in the next few quarters.
Bret Kenwell, investment and options analyst at eToro, said: "Solid but not strong growth is very consistent with the current economic backdrop. If the data is too enthusiastic, investors may question the Fed's decision to cut interest 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 
