Weekend reading | The US election voting day is approaching! Three perspectives on the impact fluctuations.
Overall, the US economy is currently on a steady landing trajectory, with a slowdown but not too rapid decline. This process may be completed during the next presidential term, and the impact from the economic cycle may still be more powerful than the president's policy in the trend over the next four years.
U.S. stocks closed | The three major indexes all rose! Amazon's post-performance surged more than 6% to a three-and-a-half-month high, nvidia rose nearly 2% and will be included in the Dow.
On Friday, November 1st, despite the disappointing Apple earnings report, weak US October non-farm payrolls boosted rate cut expectations, coupled with the bullish reports of Amazon and Intel, lifting the optimistic sentiment in the technology sector. The Nasdaq, up nearly 1.5%, and semiconductor indices up nearly 2.2%, bid farewell to two consecutive days of declines. However, looking at the week as a whole, both the Nasdaq and Nasdaq 100 said goodbye to the previous seven weeks of consecutive gains.
QQQ ETF Climbs 0.7%
Invesco QQQ Trust Options Spot-On: On November 1st, 4.18 Million Contracts Were Traded, With 9.52 Million Open Interest
On November 1st ET, $Invesco QQQ Trust(QQQ.US)$ had active options trading, with a total trading volume of 4.18 million options for the day, of which put options accounted for 55.11% of the total
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