A Shares Opened Slightly Lower, Shanghai Index Fell 0.1%, Construction Machinery Sector Was Among the Top Gainers

Phoenix Financial News October 12，Surrounding markets continue to weaken，AShares opened lower with the trend，The Shanghai index fell 0.1%，The Shenzhen Composite Index fell 0..09%，The GEM index fell 0..05%，Construction machinery、The insurance sector was among the top gainers.。

Hong Kong's Hang Seng Index opened down 0..44%，The Hang Seng Technology Index fell 0..85%。

FTSE ChinaA50 index futures closed up 0. 5% in the last trading night..11%Open higher on the basis of.，Now up 0.33%。

U.S. Stocks Open Lower on Tuesday，Intraday trend differentiation，The rise and fall are mixed。As of the close，The Dow rose 36.31 o'clock，Increase 0.12%，Report to 29239.19 o'clock；The S & P 500 fell 23..55 points，Decrease 0.65%，Reported 3588.84 points；The Nasdaq fell 115.91 points，Decrease 1.10%，Report to 10426.19 o'clock。

The S & P 500 and the Nasdaq have fallen for five consecutive trading days.，The latter fell more than 20% from the recent high%，Bear market for the second time this year。Earlier，The Dow and the S & P 500 are in bear markets.。

US Treasury yields up，The yield on the benchmark 10-year Treasury note fell from 3. 5% on Friday..883%Up to 3.938%。

A number of large U.S. banks will officially kick off the third-quarter earnings season later this week.，Amid warnings of a rising risk of recession，Analysts expect the earnings performance to be difficult to say optimistic.。The International Monetary Fund（IMF）A report was also released during the day.，Lowering global economic growth forecast for next year to 2..7%。

However，Bank of America strategists said，For the week ending October 7，The bank was a net buyer of $6.1 billion in U.S. equities.，The scale is the third highest since the bank began to count relevant data in 2008.，Indicating that some investors believe the stock market may have bottomed out.。

European stock markets fell across the board on Tuesday.，It has fallen for five consecutive trading days.。As of the close，Britain's FTSE 100 index fell 1..06%，The Stoxx Europe 600 index fell 0..56%，GermanyDAXThe index fell 0.43%，FranceCACThe 40 index fell 0..13%。

Inflation in Europe continues to worsen。IMFAnticipated，By the end of this year，UK inflation to peak，About 11.3%，Then it fell back。But for the next two years,，UK inflation will remain at 9%A high position，In the Group of Seven（G7）The head of；In the neighboring 19-member euro zone,，UK inflation will also rank second.，Next to Slovakia。

Official data released during the day showed that，In the three months to August，UK unemployment falls to 3 percent.5%，The lowest in 48 years.。The Bank of England is concerned that this will exacerbate inflationary pressures.。The market is worried，The latest employment data will support further interest rate hikes by the Bank of England.。

Interest rate hike expectations continue to rise，Impact on the performance of technology sector，Chip stocks fell the most.。Bass Semiconductor closed down 5..42%，Asmail fell 4.10%，ASMInternational fell 3.74%。Bank stocks were generally weakened by the upward impact of Treasury bond yields.。Standard Chartered closed down 2..70%，British National Westminster Bank fell 2..64%，Deutsche Bank fell 2..34%，BNP Paribas fell 2..33%，HSBC fell 1.76%，UBS fell 1. 5%.38%，Barclays fell 1.34%。

Credit Suisse, which has been in the news recently, bucked the trend and closed up 0..76%。Tuesday night, European time，The American media revealed，The US Department of Justice is investigating whether Credit Suisse is still helping US clients hide asset information from the US government.。Earlier in the day，Analysts at Goldman Sachs said，Credit Suisse is expected to face a capital shortfall of up to $8 billion in 2024.。

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