Trending Sectors | AI, Semiconductors Shine; Energy Rises Amid Tensions; EV and Retail Show Mixed Trends

【Major U.S. Stock Indices】

The major U.S. stock indices collectively closed lower, with the S&P 500 down 0.93%, the Dow Jones Industrial Average down 0.41%, and the Nasdaq down 1.53%. The market was influenced by multiple factors, including economic data and geopolitical tensions. Investor concerns about future economic slowdown increased, leading to cautious market sentiment.

【Performance of Leading Tech】

The major tech giants mostly weakened. Microsoft fell 0.85%, Apple rose 0.25%, NVIDIA climbed 1.58%, Amazon dropped 0.20%, Google A fell 0.68%, Meta slipped 0.63%, and Tesla plunged 3.49%. Microsoft's ongoing efforts in AI, including the release of the GPT-4o real-time audio and speech beta, failed to boost its stock price. Apple's market sentiment was dampened by anticipated weak demand for the iPhone 16 and a fire at its India factory. Tesla's stock continued to decline due to delivery numbers falling short of expectations.

【AI and Semiconductor Sector】

In the AI sector, NVIDIA rose 1.58%, continuing to lead the market, bolstered by its collaboration with Accenture to accelerate enterprise AI applications. In the semiconductor sector, TSMC gained 2.17%, benefiting from strong AI demand. Chip equipment manufacturers like Applied Materials and Lam Research performed well, up 2.00% and 2.10%, respectively.

【EV and New Energy Sector】

Tesla's stock saw a two-day drop, with a total decrease of 4.82%, primarily due to lower-than-expected third-quarter deliveries. However, Chinese EV firms like Li Auto, NIO, and XPeng saw increases of 4.55%, 2.56%, and 3.81%, respectively, reflecting market confidence in their future growth.

【Energy Sector】

Oil stocks generally rose, with ExxonMobil, Occidental Petroleum, and Chevron up 1.33%, 0.36%, and 0.84%, respectively. Tensions in the Middle East boosted oil prices, benefiting energy stocks.

【Weight Loss Drugs and Healthcare Sector】

Weight loss drug stocks had mixed results, with Eli Lilly and AstraZeneca rising 0.74% and 1.16%, while Novo Nordisk and GlaxoSmithKline fell 1.31% and 2.08%. The market remains focused on the long-term potential of weight loss drugs.

【Retail and Banking Sector】

Retail stocks showed mixed trends, with Walmart and Target down 1.03% and 1.18%, while Costco and Home Depot saw slight gains. In banking, JPMorgan Chase and Goldman Sachs saw slight increases, while Wells Fargo edged lower.

【Other Notable Sectors】

In vaccine stocks, Novavax surged 19.16%, buoyed by investor confidence in its future market performance.

【Investor Advice】

Overall, the market continues to face multiple uncertainties, including economic slowdown and geopolitical risks. Investors are advised to remain cautious, monitor market trends, especially in tech and energy stocks, and consider diversifying investments to reduce risk.