
On November 3, the three major U.S. stock indices opened higher but later declined. As of around 23:15 Beijing time, the Dow Jones Industrial Average fell 0.54%, the S&P 500 dropped 0.02%, and the Nasdaq Composite rose 0.54%.
Most large-cap tech stocks advanced, with Amazon rising over 5% to a record high of $257 per share.
On the news front, according to Caixin, Amazon Web Services (AWS) and OpenAI announced a multi-year strategic partnership to provide AWS's world-class infrastructure for immediately running and scaling OpenAI's core artificial intelligence (AI) workloads. Under the new $38 billion agreement, which will grow over the next seven years, OpenAI is gaining access to AWS computing resources featuring hundreds of thousands of advanced NVIDIA GPUs and the ability to scale to tens of millions of CPUs for rapid expansion of agent workloads.
Most Chinese concept stocks declined, with the Nasdaq Golden Dragon China Index widening its loss to 0.64%. Pony.ai fell over 4%, while Alibaba, JD.com, and iQiyi dropped more than 2%.
Spot gold once climbed to $4,030 per ounce, now trading at $4,025 per ounce, up 0.54% for the day. COMEX gold futures stood at $4,035 per ounce, rising 0.97% intraday.
Cryptocurrencies plunged across the board, with Bitcoin falling over 3% to $106,159.9 per coin. As of 23:44 Beijing time on November 3, nearly 300,000 traders were liquidated in the cryptocurrency market.
(Disclaimer: The content is for reference only and does not constitute investment advice. Investors should proceed at their own risk.)
