Tonight: Global Plunge! Israel News Triggers Oil Price Dive, Stock Market "Explodes"

Chip stocks plummet, causing market concerns, and US stocks fluctuate downwards

The three major US stock indices suddenly fluctuated and fell collectively, causing panic among investors. Chip and oil stocks have plummeted, making people exclaim "too exciting."

ASML's performance "crashed," triggering a chain reaction

When it comes to the culprit of this stock market turmoil, it must be attributed to the Dutch chip equipment manufacturer ASML. This usually obscure company suddenly became an "internet celebrity" because its financial report data was too "outrageous."

ASML's third-quarter order amount was only a meager 2.63 billion euros, which is far below the market expectation of 5.39 billion euros, making it a "little brother." As soon as this number came out, it immediately triggered panic among investors. Everyone started to speculate, has the good times for the chip industry come to an end?

The result can be imagined, ASML's stock price plummeted like a roller coaster, falling by more than 15% at one point. This was not the end, as it also dragged the entire chip sector down with it. Chip giants like NVIDIA and AMD, which were once in the limelight, also fell continuously.

An analyst made an interesting comment: "ASML has really given chip stocks a 'Waterloo' this time!" Indeed, this financial report was like a bomb, blowing up the entire technology stock market.

Oil stocks are also not doing well, with international oil prices falling continuously

The chip stocks have not yet ended, and oil stocks have joined the fray. International oil prices have suddenly plummeted, with Brent crude oil prices falling to $73.89 per barrel, and WTI crude oil prices have even fallen to $70.21 per barrel. As a result, the stock prices of oil companies have also followed suit and plummeted.China Petroleum fell by 3.66%, Sinopec fell by 2.94%, and even the usually stable Total couldn't escape the downturn. One investor complained, saying: "The oil price is dropping faster than my weight loss!"

Why did the oil price suddenly drop so sharply? Some say it's because of the tense situation in the Middle East, with Israel possibly launching a military strike on Iranian facilities. However, others believe this is just a market hype.

Another reason is that the International Energy Agency has lowered its global oil demand growth forecast for 2024, from 1 million barrels per day to 860,000 barrels. This means that next year's oil demand may not be as strong, naturally affecting oil prices and the performance of oil companies.

Global economic growth is slowing down, and market confidence is shaken.

In fact, whether it's the decline in chip stocks or oil stocks, it reflects a larger issue: global economic growth is slowing down.

Some economists point out that the global economy is like a sick patient, with all organs feeling uncomfortable. High inflation in the United States, the European energy crisis, and the sluggish real estate market in China are all issues troubling the recovery of the world economy.

An investment advisor helplessly said: "The current market is like a sentimental girl, any slight change will cause panic." Indeed, investor confidence is now very fragile, and any unfavorable news may trigger a large-scale sell-off.

Geopolitical risks are escalating, and the United States is deploying the "THAAD" system.

Speaking of geopolitical risks, the situation in the Middle East has recently changed dramatically. The U.S. Department of Defense announced the deployment of the "THAAD" anti-missile system to Israel, which immediately attracted attention from all parties.

Some military experts analyzed: "The United States is playing a big game here! The 'THAAD' system is not a joke, which means that the U.S. military presence in the Middle East will be further strengthened."However, some hold a different view, believing that the United States' move may further stimulate the regional situation and exacerbate the tense atmosphere. A diplomat said privately, "Sometimes, excessive security measures can actually bring more insecurity."

The future market trend is unpredictable, and investment should be cautious.

Faced with such a complex situation, many investors feel at a loss. Some say it is a good opportunity to bottom fish, while others warn that it may continue to fall.

In fact, the stock market is like a large amusement park, sometimes exciting enough to make one's heart race, and sometimes boring enough to make one drowsy. As ordinary investors, the most important thing is to remain calm and not be frightened by short-term fluctuations.

A veteran stock investor said well: "In the stock market, the most precious thing is not money, but a calm mind." Indeed, in the face of the ups and downs of the market, all we can do is to keep learning, improve our investment skills, and also learn to enjoy the process.

The stock market has risks, and investment should be cautious. However, as long as we remain rational and patient, we believe we can always find our own opportunities on this big stage. After all, isn't the charm of the stock market in its unpredictability?