On the 20th local time, the three major U.S. stock indexes collectively rose. At the close, the Dow, Nasdaq, and S & P 500 all rose more than 1%. Large-scale U.S. technology stocks generally rose, Apple's share price hit a record high, chip stocks strengthened across the board, and the Philadelphia Semiconductor Index rose more than 2%, also reaching a record high. Some analysts pointed out that the easing of trade tensions and the dissipation of the U.S. regional banking crisis have boosted market sentiment, and funds have returned to the main line of technology.

The Federal Reserve¡¯s forecast for a warming of interest rates is also one of the reasons for the strengthening of science and technology stocks, and the market is currently generally expecting that the Federal Reserve will cut interest rates by another 25 basis points at its October 28-29 meeting.

Meanwhile, recent progress from the U.S. government's "stop-down" impasse also mitigated market concerns.October 20, U.S. Eastern Time, White House chief economic adviser Kevin Hasett predicted that the government shutdown "may end at some point this week".

In terms of individual shares, among the seven tech giants, Apple rose by 4%, the market value rose by $14.76 billion overnight (about RMB 105.17 billion). at the end of the year, Facebook rose by more than 2%, Amazon, Tesla, Google rose by more than 1%.

Research firm Counterpoint reported that the early sales of the iPhone 17 series in China and the US markets were strong, with sales 14% higher than the iPhone 16 series, with sales of the iPhone 17 base model almost doubling in China. Previously, Loop Capital upgraded Apple stock to "buy" from "hold", citing positive demand trends for the company's iPhones.

Technology stocks strengthened overall, with ultra-microcomputer rising more than 5%, and ON Semiconductor rising more than 4%.

The Nasdaq China Golden Dragon Index closed up 2.39%, and popular Chinese concept stocks generally rose. IQiyi rose more than 8%, Weilai rose nearly 5%, Kingsoft Cloud rose more than 4%, Alibaba rose nearly 4%, Bilibili and Baidu rose nearly 2%.

The rich time A50 period refers to a continuous night plate increase of 0.38%, reporting 15045 points. Monday (October 20) New York end (Tuesday Beijing time 04:59), offshore RMB (CNH) against the US dollar report 7.1241 yuan, compared with last Friday New York end up 8 points, the overall trade in the day between 7.1289 ~ 7.1216 yuan.

In terms of international oil prices, WTI crude oil futures fell $0.02 in November, falling $0.03 per cent, $57.52 per barrel. Brent crude oil futures fell $0.28 in December, falling $0.46 per cent, $61.01 per barrel.

NYMEX gas futures in November increased by more than 12.93%, $3,3970/million GBP, U.S. Energy Information Agency (EIA) data showed that U.S. exports to Mexico reached 7.5 billion cubic feet/day in May, a new record high. COMEX gold futures rose by 3.82%, $4374.3/ounce; current gold rose by 2.48%, $4357.36/ounce; recorded a record high. COMEX silver futures rose by 2.59%, $51.4/ounce.

Source: China Economic Network WeChat Comprehensive Stock Exchange China, Securities Times, Public Information