#whatwilldrivecryptoandstocks’nextrebound?
😱 Just like “Friday the 13th,” global markets have had a nerve-racking day after the shock news that Nvidia CEO Jensen Huang is stepping down!
NVDA shares fell over 4%, dragging SMCI down 11.3%, while rivals AMD and Broadcom were celebrating gains of over 5%.
🌏 Asian markets were also sharply divided:
• In the green: Taiex (Taiwan) +1.35%, Nikkei 225 +0.53% (Sapporo Breweries surged +8.56%).
• In the red: Shenzhen -2.05%, Hang Seng -1.52%, Kospi -0.98% (Japan’s Mercari fell 8.88%).
🔍 What will trigger the next rebound, and what’s the outlook for Wall Street tonight?
The focus this Friday the 13th is squarely on U.S. October PPI inflation data. The 10-year Treasury yield topping 5.1% and rising oil prices are weighing on Wall Street futures. If PPI cools and semiconductor stocks stabilize, money could immediately flow in and spark a rebound in both stocks and crypto!
💡 What should traders do? Buckle up, reduce leverage, manage your capital carefully, and absolutely don’t FOMO into a fake rebound.
⚠️ This is not financial advice.
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#WallStreet #Nvidia #HuangExitNvidiaStrategyInFocus #CryptoNews #VINHTOCDO