Eastern time on Tuesday, the three major indexes collectively closed lower. The Nasdaq fell 1.87 percent, the S&P 500 fell 1.37 percent and the Dow fell 1.29 percent. Large tech stocks were all lower, with Amazon down more than 3%, Microsoft down more than 2%, Google and Facebook down more than 1%, and Apple and Netflix down slightly. Banks were weak, with Goldman Sachs down more than 3%, Morgan Stanley, Bank of America and Wells Fargo down more than 2%, Citigroup down more than 1% and jpmorgan Chase down slightly. Novavax rose more than 8% after the U.S. Food and Drug Administration approved an updated version of Novavax's COVID-19 vaccine booster for people 12 years and older.
Most popular Chinese stocks fell, with the NASDAQ China Golden Dragon Index down 2.24%. Iqiyi, Good Future, Ctrip fell more than 4%, Xiaopeng Automobile, Futu Holding stock fell more than 3%, Baidu, TSMC, Tencent Music, Alibaba fell more than 2%, Ideal Auto, Manbang fell more than 1%, NetEase, Bilibili fell slightly; Fog core technology, new oxygen rose slightly.
World News

Wall Street analysts fight over US bond yields

Goldman's team of strategists pointed out that, in the context of excluding the extreme scenarios in 2020, the difference between the S&P 500 and the real 10-year Treasury yield has reached its maximum in nearly two decades. Such a divergence would also mean that investors would receive smaller returns on their holdings than on "safe haven" assets such as U.S. government bonds, a situation that "could limit the ability of the stock market to absorb further increases in interest rates." The yield on the 10-year Treasury continued to rise on Tuesday, peaking at 4.75 percent.
Everyone expects it! The 2023 Nobel Prize in Physics has been awarded to three scientists for "pressing the shutter on electrons.

On Tuesday evening Beijing time, the Royal Swedish Academy of Sciences held a press conference, The 2023 Nobel Prize in Physics has been awarded to Pierre Agostini of Ohio State University, Ferenc Krausz of the Max Planck Institute for Quantum Optics and the University of Munich, and Anne Ruilier of Lund University in Sweden LHuillier, three scientists in recognition of their contributions to attosecond pulsed light.
Is she the Fed's new Eagle King? Governor Bowman reiterated that the central bank needs to raise interest rates several more times
On Monday (October 2), Federal Reserve Governor Michelle Bowman said again that the bank still needs to raise interest rates several times to bring inflation down to the central bank's target level. According to media analysis, Bowman's comments today seem to indicate that she does not believe the August inflation data shows signs of a "sustainable decline in price growth." There is even speculation that she may be the policymaker in the dot plot who "expects the policy rate to be above 6% by the end of 2024."
The international rice price rise storm continues, the Malaysian government shouted to the people "don't panic" to combat hoarding
In the face of intense buying of local rice across the country, Malaysian Prime Minister Anwar Ibrahim convened a meeting on Monday with Agriculture and Food Safety Minister Mohamed Shab and others, and introduced a number of interventions. In an interview with Bernama, the Malaysian state news agency, after the meeting, Mr. Anwar said the government would provide 400 million ringgit subsidies to the military, schools and other government facilities to use imported rice, reducing the pressure on domestic rice supplies.
Small Mo CEO talks about artificial intelligence: The next generation of children or only need to work 3.5 days a week
On Monday (October 2), jpmorgan Chase CEO Jamie Dimon said that thousands of the company's employees are already using artificial intelligence (AI) technology, which promises to significantly improve the quality of life for employees. The largest U.S. financial services firm hired for more than 3,500 AI-related positions between February and April, according to consulting firm Evident.
RMB big news for the first time in history! The voice of the US Supreme Court is related to Donald Trump's presidential campaign
At present, the political disputes in the United States are still getting fiercer. On October 2, local time, the United States Supreme Court said that former President Donald Trump's eligibility to run for president will not be questioned because of his alleged connection to the Capitol riot on January 6, 2021. On the morning of the same day, Trump arrived at a court in Manhattan, New York, to attend the opening of a civil lawsuit concerning his alleged property fraud.
Company news

The cruise line of the Saudi sovereign fund has partnered with a number of technology companies and Aliyun Saudi Arabia will also participate
Cruise Saudi, part of Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has announced that its own cruise line, AROYA Cruises, will partner with a number of technology organisations to enhance the digital experience for visitors.
Saudi Mobily will partner with Huawei to launch cloud computing and digital services
Saudi telecom operator Mobily and Chinese ICT leader Huawei have signed a Memorandum of Understanding (MoU) to collaborate on cloud services and enhance their digital and Internet of Things (IoT) B2B offerings.
Shock! 46-year-old bank executive jumps to death! What signal is the billionaire eyeing Musk for?
On October 1, local time, the Daily Mail reported that Greg Beckett, a 46-year-old Wells Fargo executive, jumped to his death from a board room on the 14th floor of the company's headquarters in Wilmington, Delaware. Gregg has been in charge of Wells Fargo's internal controls, which are designed to protect the bank from risk. His family said Greg had been under a lot of stress at work.
Tesla is bringing back the rear-drive Model Y for $43,990
On October 2, Tesla's official website showed that Tesla re-launched the rear-drive Model Y at a price of $43,990.