CITIC Securities: Post-earnings fluctuations in tech giants, attention to the US midterm elections

The A-share market in China accelerated its adjustment this week, with the U.S. three major stock indices closing lower, and both international gold and oil prices falling by about 3%. The post-earnings market saw significant volatility due to reports from U.S. tech giants, and Anthropic has officially submitted its IPO application to the U.S. SEC. The October official manufacturing PMI was 49.3%, and the Federal Reserve kept interest rates unchanged, with attention focused on the U.S. midterm elections and the October non-farm payroll data.