On Tuesday, popular Chinese stocks experienced significant gains, with Beike (BEKE, Financial) rising by 17.4%. The Nasdaq Golden Dragon China Index (HXC) surged 5.48%.
Among the gainers, listed by market cap, Alibaba (BABA) increased by 6.24%, Pinduoduo (PDD) by 8.03%, JD.com (JD) by 7.33%, NetEase (NTES) by 3.35%, Trip.com (TCOM) by 5.18%, Baidu (BIDU) by 4.74%, Li Auto (LI) by 11.50%, Beike (BEKE, Financial) by 17.43%, BeiGene (BGNE) by 2.88%, Tencent Music (TME) by 5.81%, ZTO Express (ZTO) by 2.54%, Futu Holdings (FUTU) by 12.43%, NIO (NIO) by 5.24%, New Oriental (EDU) by 1.78%, XPeng (XPEV) by 5.50%, Huazhu Group (HTHT) by 4.46%, Bilibili (BILI) by 14.33%, Full Truck Alliance (YMM) by 3.22%, Vipshop (VIPS) by 5.40%, and Kanzhun (BZ) by 3.92%.
In contrast, among the decliners, Taiwan Semiconductor (TSM) dropped by 0.92%, Chunghwa Telecom (CHT) by 0.93%, United Microelectronics (UMC) by 1.54%, ASE Technology (ASX) by 1.74%, and WSP Holdings (WSP) by 0.29%.
The U.S. stock market closed lower on Tuesday. Tensions in the Middle East have driven up oil prices. Unexpectedly, the number of job openings in the U.S. rebounded, while the manufacturing PMI remained persistently weak. This week, the market is focused on key economic indicators, like the September non-farm payroll data, to further assess the Federal Reserve's interest rate outlook.
The Dow Jones fell by 173.18 points, a decline of 0.41%, to 42,156.97 points; the Nasdaq dropped by 278.81 points, or 1.53%, to 17,910.36 points; and the S&P 500 index decreased by 53.73 points, or 0.93%, to 5,708.75 points.
