☕️ [Task Coins Giveaway] Daily Market Talk — Hike Bets Rise as Nvidia Probes Its CEO

US hiring came in at more than double forecasts, lifting bets on a December Fed hike. Over the weekend, Nvidia's board opened a probe involving CEO Jensen Huang, and its shares slip in overnight trading. Let's dig in 👇

💬 A hot jobs report and a Nvidia probe. Which one matters more for your portfolio this week?

📊 Quick Recap — What Moved & Why

🇺🇸 US — Hot Jobs Lift Hike Bets

🔑 Key Event: The US added 165,000 jobs in October, more than double forecasts, and unemployment fell to 4.1%. Markets now price about an 80% chance of a December Fed hike, ahead of Tuesday's CPI.

👀 Other to Watch

• $Dow Jones Industrial Average(.DJI.US) -0.46%, $S&P 500(.SPX.US) +0.31%, $NASDAQ Composite Index(.IXIC.US) +1.09%, as chips rebounded but rate worries capped gains.
• $NVIDIA(NVDA.US) → +2.78%, then slips about 3% overnight after Huang admitted infidelity and the board opened a security probe.
• Chips → $AMD(AMD.US) +11.04%, $Taiwan Semiconductor(TSM.US) +6.33% and $Micron Tech(MU.US) +5.12%, as buyers returned after Thursday's rout.
• $Microsoft(MSFT.US) → -0.99% after reports it is scaling back AI computing leases from Oracle and others.
• Fed → San Francisco Fed's Mary Daly said policy will likely need to tighten further.

@optionspuppy : My biggest focus is not simply whether the Nasdaq or S&P 500 goes up or down. It is what the Federal Reserve thinks about inflation.

@Gary Black Tracker : I doubt Jensen Huang will be able to remain as NVDA CEO. This could put short-term pressure on the stock.

🇸🇬 Singapore — STI Ends a Rough Week

🔑 Key Event: The $FTSE Straits Times Index(STI.SG) fell -2.21% to 5,179.17 on Friday, down 3.83% for the week, as the regional AI selloff and weaker local banks weighed. SGX is closed today for Deepavali.

👀 Other to Watch

• Banks → $DBS(D05.SG) -2.08% and $UOB(U11.SG) -2.46% on Friday, while $OCBC Bank(O39.SG) fell less after beating forecasts.
• $Grab(GRAB.US) → -2.01% on Friday, ending a four-day run, but still up about 26% since results.

@Ruthie : Last week presented an opportunity to use some reserves to shore up. My takeaway is to set aside reserves to shore up blue chips.

@Gweet : One slow quarter doesn't change the facts. I'm holding long-term, enjoying the dividends.

🇭🇰 HK/China — SMIC Rises Ahead of Results

🔑 Key Event: The $Hang Seng Index(00HSI.HK) is up about +0.4% near 24,590 this morning after Friday's -1.27% close at 24,481.86. $SMIC(00981.HK) gains about 2% ahead of Thursday's results, while $MEITUAN(03690.HK) falls over 3%.

@Fattycat : I am not rushing to add or cut my position just yet. I may accumulate more if it drops below HKD 100.

🌎 Other to Watch

• 🛢️ Oil → Iran says three more tankers caught fire near Hormuz on Sunday, but Brent slips about 0.5% to near $98 this morning.
• 🪙 Gold → rises about 1.5% this morning, as softer oil prices ease some of the worries over inflation.

📅 Upcoming Key Events

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🚫 No duplicates · ⏰ Deadline: Nov 9, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏