The Zhitong Finance App learned that financial reports of major US technology stocks fell short of expectations one after another, triggering a sharp sell-off in the technology sector, but the market preferred to view it as a “correction of expectations” rather than a deterioration in fundamentals. This week's market focus immediately turned to the US midterm elections, October's non-farm payrolls report, and more weighted stock earnings reports; at the same time, after Binance was hit by the biggest crypto hacking incident in history, trust repair and regulatory trends in the crypto industry also became a new focus.

The Zhitong Finance App learned that financial reports of major US technology stocks fell short of expectations one after another, triggering a sharp sell-off in the technology sector, but the market preferred to view it as a “correction of expectations” rather than a deterioration in fundamentals. This week's market focus immediately turned to the US midterm elections, October's non-farm payrolls report, and more weighted stock earnings reports; at the same time, after Binance was hit by the biggest crypto hacking incident in history, trust repair and regulatory trends in the crypto industry also became a new focus.