📢 Flash
Major progress in U.S.-Iran peace talks drives U.S. stocks and gold higher, while crude oil plunges; Bitcoin remains range-bound.
On November 10, U.S.-Iran negotiations achieved a critical breakout overnight and into the early morning: the U.S. side agreed to maintain Iran’s uranium enrichment cap at 3.67%, which Iran accepted; both sides simultaneously began concrete arrangements for International Atomic Energy Agency (IAEA) inspectors’ return to Iran and are expected to reach a preliminary agreement on Iran’s uranium enrichment levels. Following the announcement, Brent crude oil futures plunged nearly 8% intraday, while U.S. West Texas Intermediate (WTI) crude oil briefly fell over 6%. Meanwhile, the U.S. dollar index weakened, triggering a rebound across copper, gold, silver, and other precious metals.
After meeting with Qatar’s Prime Minister on Monday, Trump stated that “military action is unnecessary” under the current Middle East situation, although the United States “stands ready to respond to changing circumstances,” such action remains “highly unlikely.”
Capital markets reacted strongly: the S&P 500 Index posted its largest single-day gain in seven months, while the Dow Jones Industrial Average rose over 2%; the semiconductor sector led gains, with the Philadelphia Semiconductor Index surging nearly 7% in one day and climbing 11% over two days. At the stock level, AMD jumped over 10%, and SpaceX shares rose nearly 6%; NVIDIA declined 4.27%逆势 amid developments related to Jensen Huang. The AI supply chain continued its recovery—coherent light communication stocks Coherent rose nearly 17%, Lumentum gained over 10%, and Marvell (MRVL) rose 9.49%; among memory chip stocks, Western Digital (WDC) and Seagate (STX) each rose nearly 10%, while Kioxia (SNDK) gained 6.16%; neocloud concept stocks NBIS rose 9.24% and CRWV rose 5.56%.
Notably, according to HTX market quotes, Bitcoin—which had previously shown relative resilience—underperformed during this broad market rally and has yet to recover losses from the previous morning, with its latest quote at US dollar 75337.00.
After meeting with Qatar’s Prime Minister on Monday, Trump stated that “military action is unnecessary” under the current Middle East situation, although the United States “stands ready to respond to changing circumstances,” such action remains “highly unlikely.”
Capital markets reacted strongly: the S&P 500 Index posted its largest single-day gain in seven months, while the Dow Jones Industrial Average rose over 2%; the semiconductor sector led gains, with the Philadelphia Semiconductor Index surging nearly 7% in one day and climbing 11% over two days. At the stock level, AMD jumped over 10%, and SpaceX shares rose nearly 6%; NVIDIA declined 4.27%逆势 amid developments related to Jensen Huang. The AI supply chain continued its recovery—coherent light communication stocks Coherent rose nearly 17%, Lumentum gained over 10%, and Marvell (MRVL) rose 9.49%; among memory chip stocks, Western Digital (WDC) and Seagate (STX) each rose nearly 10%, while Kioxia (SNDK) gained 6.16%; neocloud concept stocks NBIS rose 9.24% and CRWV rose 5.56%.
Notably, according to HTX market quotes, Bitcoin—which had previously shown relative resilience—underperformed during this broad market rally and has yet to recover losses from the previous morning, with its latest quote at US dollar 75337.00.
