US Pre-Market: Chinese Stocks Plunge, Euro Stocks Down, Iron Ore Dips 2%, Oil Falls Over 1%
September's non-farm data was unexpectedly strong, significantly reducing expectations for a Federal Reserve rate cut, leading to a decline in U.S. stocks and bonds overnight.
Today, Chinese stock market sentiment continues to rise after the holiday, but Chinese concept stocks listed in the U.S. have clearly retraced before the market opens, with JD.com falling by more than 10% and Alibaba by more than 8%. U.S. stock index futures also declined, European stocks opened lower collectively, with the luxury goods sector leading the decline, and Japanese and Korean stocks followed suit.
International oil prices have retraced, with both Brent and WTI falling by more than 1%. Earlier, the combination of Middle East conflicts and the arrival of hurricanes caused Brent to break through $80 for the first time in a month, and WTI once rose by more than 4%.
Before the U.S. stock market opens, popular Chinese concept stocks have fallen sharply. JD.com fell by more than 10%, Alibaba by more than 8%, and Xiaopeng Motors by nearly 12%. The FTSE China 3x Long ETF fell by more than 36%.
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European stocks opened lower collectively, with the EURO STOXX 50 index falling by 1.15%. The luxury goods sector fell, with Louis Vuitton falling by more than 4%.
Asia-Pacific stock indices rose and fell, with Japanese and Korean stocks opening lower and continuing to decline, with the Nikkei 225 index currently falling by more than 1%.
Iron ore futures fell by 1.8% in the afternoon.
International oil prices fell, with Brent crude falling by 1.5% and WTI crude by 1.6%.
Spot gold broke below $2,630 per ounce for the first time since September 30, with a daily decline of 0.48%.
[Updated at 16:35]The FTSE China 3x Bull ETF (YINN) fell by over 36% in pre-market trading on US stocks.
【Updated at 16:22】
Spot gold once broke below $2,630 per ounce for the first time since September 30, with a daily drop of 0.48%. Baidu's US stock fell by more than 10% in pre-market trading.
【Updated at 16:06】
In pre-market trading on US stocks, popular Chinese concept stocks fell sharply, with XPeng Motors, iQIYI, and Li Auto falling by 12%, JD.com falling by more than 10%, Alibaba falling by more than 8%, and XPeng Motors falling by nearly 12%.
Advanced Micro Devices (AMD) once rose by more than 3%, with the company stating that it has shipped more than 100,000 new liquid-cooled GPU solutions in the current quarter.
【Updated at 15:05】
European stocks opened lower, with the French CAC 40 index down 1.26%, the British FTSE 100 index down 0.81%, the German DAX index down 0.73%, and the Euro Stoxx 50 index down 1.15%.
Most of the European stocks known as the "Eleven Robbers" fell, with Louis Vuitton down by more than 4%, L'Oréal down by more than 2%, and Novo Nordisk down by nearly 2%.
【Updated at 13:45】亚太地区股市表现不一，日本和韩国股市低开低走，日经225指数目前下跌超过1%，韩国首尔综合指数下跌约0.5%。印度、越南、泰国的主要股指小幅上涨。
欧美股指期货普遍走低，道琼斯指数期货下跌约0.1%，欧洲股市50指数期货下跌0.6%。
国际油价有所回调，布伦特原油价格在突破80美元后回落至79美元，日内下跌1.5%；WTI原油下跌1.6%。
稍早前，中东地区的冲突加上飓风的影响，布伦特原油价格一个月来首次突破80美元，美国原油价格一度上涨超过4%。
国际银价下跌，现货黄金价格保持稳定，目前暂报2643美元/盎司。
铁矿石期货在午后的交易中跌幅扩大，目前下跌1.8%。
比特币价格波动不大，小幅上涨。
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