The US dollar rose, world stock markets regained ground, and Wall Street stock markets soared; Several Federal Reserve officials delivered hawkish speeches, causing gold prices to fall to a new low in nearly two weeks

The US dollar rose, world stock markets regained ground, and Wall Street stock markets soared;

Several Federal Reserve officials delivered hawkish speeches, causing gold prices to fall to a new low in nearly two weeks

On Tuesday (November 7th), the rise of large technology stocks pushed the US stock market to its longest consecutive rise in two years, with investors' response to the Fed spokesperson's latest attempt to lower Wall Street's dovish expectations lackluster. The bet that the Federal Reserve may change its policy direction next year led to a sharp decline in bond yields, and the yield of 10-year treasury bond bonds fell below 4.6%. Oil prices fell by over 4% to close at around $77 per barrel.

On Tuesday (November 7th), the rise of large technology stocks pushed the US stock market to its longest consecutive rise in two years, with investors' response to the Fed spokesperson's latest attempt to lower Wall Street's dovish expectations lackluster.

After experiencing a series of twists and turns in the first hour of trading, the S&P 500 index turned into a unilateral rise and rose for the seventh consecutive day, approaching the critical 4400 point. The Nasdaq 100 index has risen by nearly 1%, Microsoft's stock price has reached a historic high, and cloud software stocks have also soared. The bet that the Federal Reserve may change its policy direction next year led to a sharp decline in bond yields, and the yield of 10-year treasury bond bonds fell below 4.6%. Oil prices fell by over 4% to close at around $77 per barrel.