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The world's largest automaker, profits plummeted by more than 20%! There will be a significant reduction in production, what will happen?

author:Bright Net

On the 9th, the US stock market collectively closed higher Nasdaq rose more than 2%

On Wednesday, a day before the release of key U.S. inflation data, market risk appetite improved markedly. As of the close, the Dow rose 0.86%, the S&P 500 rose 1.45%, the NASDAQ rose for the second consecutive trading day, up 2.08%, mainly boosted by the rebound of large technology stocks, such as NVIDIA rose more than 6% on the day, Meta rose more than 5%, and popular Chinese stocks also extended their gains, iQiyi rose more than 13%, Gaotu rose more than 12%, and Shell rose more than 10%.

On the 9th, the US Treasury yield fell significantly from the high level

On Wednesday, U.S. Treasury yields fell back markedly, with the 10-year Treasury yield losing to a new high of 1.97% the previous trading day, and the two-year Treasury yield, which is more sensitive to monetary policy, fell by 2.5 basis points during the day, temporarily leaving a two-year high. The dollar index also moved lower.

Toyota's latest earnings report fell short of market expectations, saying that the chip shortage situation may continue into the next fiscal year

On Wednesday, Toyota, the world's largest automaker, released its latest financial report, with operating profit of 784.37 billion yen in the third quarter of fiscal 2022, or about 43.2 billion yuan, down 21% year-on-year, worse than the market had previously expected, and the company also cut its annual production target from 9 million units to 8.5 million units. Toyota said, "We do not expect the state of chip supply shortage to be resolved anytime soon, and may continue into the next fiscal year." ”

On the 9th, all three major European stock markets rose by more than 1%

In addition, the latest corporate earnings reports were strong, and on Wednesday, the three major European stock markets rose collectively, of which the London stock market in the United Kingdom rose by 1.01%, and the service stock led the rise, the Paris stock market in France rose by 1.46%, and the Frankfurt stock market in Germany rose by 1.57%.

International oil prices rose on the 9th

According to data released by the U.S. Energy Information Administration on the 9th, the U.S. commercial crude oil inventory last week was 410.4 million barrels, a decrease of 4.8 million barrels from the previous month. International oil prices rose slightly on the 9th.

Reporter: Zhang Manman

Source: CCTV Finance

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