On Tuesday, Eastern Time, the U.S. stock market opened low and closed high, with the three major indices showing mixed performances. The Dow Jones Industrial Average and the S&P 500 both experienced minor declines, while the Nasdaq Composite Index saw a slight increase.

As of the closing bell, the Dow Jones Industrial Average fell by 0.02%, to 42,924.89 points; the S&P 500 dropped by 0.05%, to 5,851.20 points; the Nasdaq Composite Index rose by 0.18%, to 18,573.13 points.

The yield on the 10-year U.S. Treasury note closed at 4.204%, surpassing 4.2% for the first time since July. The rise in bond yields put pressure on the stock market. Federal Reserve officials have recently expressed a cautious stance on the path of rate cuts, thereby driving up bond yields.

Gold prices have risen for six consecutive trading days, once again setting a new historical high. Gold futures for delivery in October closed at $2,744.2 per ounce, up 33% year-to-date.

General Motors' stock rose nearly 10% after the company's third-quarter earnings exceeded Wall Street expectations and raised its full-year guidance.

Popular Stock Performance

Large-cap technology stocks saw mixed results: Apple fell by 0.26%, Microsoft rose by 2.08%, NVIDIA fell by 0.08%, Google increased by 0.65%, Amazon rose by 0.33%, Meta Platforms gained 1.19%, and Tesla fell by 0.40%.

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Most popular Chinese concept stocks rose, with the NASDAQ Golden Dragon China Index up by 0.94%. Alibaba fell by 0.45%, JD.com rose by 1.69%, Pinduoduo increased by 2.92%, NIO gained 1.75%, XPeng Motors rose by 2.03%, Li Auto jumped by 3.29%, Bilibili increased by 1.34%, Baidu rose by 0.39%, NetEase fell by 0.31%, Tencent Music gained 0.25%, and iQIYI surged by 7.05%.

Company News

[The U.S. CDC states that McDonald's "Quarter Pounder" burgers are linked to an E. coli outbreak]The Centers for Disease Control and Prevention (CDC) has stated that McDonald's "Quarter Pounders" burgers are linked to an outbreak of E. coli in the western part of the country, resulting in 49 illnesses and one death. The agency reported that 10 individuals have been hospitalized, including a child. These patients reported dining at McDonald's prior to falling ill and specifically mentioned consuming "Quarter Pounders" burgers.

In response to this news, McDonald's stock price fell by 9% in after-hours trading.

McDonald's issued a statement suggesting that the E. coli outbreak may be related to chopped onions; the company took swift action following the outbreak; "Quarter Pounders" burgers were pulled from the shelves in four states; and all other menu items remain unaffected.

**Anthropic Launches AI Agent Capable of Performing Complex Tasks on Computers**

Anthropic, an AI startup backed by Amazon, announced the achievement of a significant AI milestone: an AI agent capable of using computers to perform complex tasks just like humans. Anthropic's Claude is one of the chatbots similar to OpenAI's ChatGPT and Google's Gemini. Tuesday's release is an update to Claude 3.5 Sonnet, and the "computer usage ability" feature in this latest AI model allows it to interpret information on computer screens, select buttons, input text, navigate websites, and perform tasks through any software and real-time internet browsing.

**Amazon is Gradually Shutting Down Amazon Today Service**

Amazon is closing a service that provides same-day delivery from shopping centers and brick-and-mortar retailers. According to two informed sources, Amazon has halted any new development for the service known as "Amazon Today" and will begin to gradually shut it down. The insiders said that most of the project will be closed by December 2nd. Amazon told the media that selected retail partners will be able to continue fulfilling "Amazon Today" orders until January 24th.

**SoftBank and Apollo Discuss Establishing a Large Artificial Intelligence Fund**

SoftBank and Apollo are discussing the establishment of a large fund to invest in data centers, chip factories, and other artificial intelligence projects. Informed sources have indicated that both parties have discussed setting up a fund with a scale exceeding $20 billion; however, negotiations have cooled since this summer and may not come to fruition. The insiders stated that the joint venture fund may involve industry partners, including Arm. One informed source mentioned that SoftBank has also been in talks with other financing sources, but the negotiations with Apollo have been the most in-depth.

**OpenAI Hires Former Uber Executive Scott Schuurman as Chief Compliance Officer**

OpenAI has hired Scott Schuurman, a former Uber executive, as its Chief Compliance Officer.OpenAI has hired former Uber executive Scott Schools as its first Chief Compliance Officer to support the startup's efforts to adapt to emerging global regulations surrounding artificial intelligence. Schools' most recent position was Uber's Chief Ethics and Compliance Officer, and he has previously served as the Deputy Attorney General at the United States Department of Justice. This hiring comes as regulatory agencies on both sides of the Atlantic are weighing policies around the most advanced artificial intelligence models of OpenAI and other companies.

【Starbucks' Preliminary Same-Store Sales Data for Q4 Falls Short of Expectations, Will Suspend Issuance of Fiscal 2025 Performance Guidance】

Starbucks' preliminary net revenue for Q4 is $9.1 billion, with analysts expecting $9.36 billion; preliminary same-store sales data for Q4 shows a 7% decline, with analysts expecting a 3.48% decline; preliminary same-store sales data for the United States in Q4 shows a 6% decline, with analysts expecting a 2.81% decline; preliminary adjusted earnings per share for Q4 is $0.80, with analysts expecting $1.03; the company will suspend the issuance of performance guidance for fiscal 2025.

Starbucks' stock fell by about 7% after hours.

【Texas Instruments' Q4 Revenue Guidance Falls Short of Expectations】

Texas Instruments' earnings per share for Q3 were $1.47, with analysts expecting $1.37; Q3 revenue was $4.15 billion, with analysts expecting $4.12 billion; Q3 Analog revenue was $3.22 billion, with analysts expecting $3.17 billion; Q3 operating profit was $1.55 billion, with analysts expecting $1.46 billion; the company expects Q4 earnings per share to be between $1.07 and $1.29, with analysts expecting $1.35; the company expects Q4 revenue to be between $3.7 billion and $4.0 billion, with analysts expecting $4.08 billion.