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Investor Optimism Declines After Dow Tumbles Around 700 Points

The CNN Money Fear and Greed index showed a decline in the overall sentiment among US investors. US stocks dropped sharply on Tuesday amid concerns over higher interest rates. The benchmark 10-year Treasury yield increased to 3.9%, while the 2-year rate rose to 4.7% during the session. The Fed is scheduled to release the minutes from its recent meeting on Wednesday.

BIDU

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Baidu Impresses Analyst With Market Gain Potential; Also Picks JD.Com For Resilience Against Livestream Competition

Mizuho analyst James Lee expects 4Q22 to be soft for China's Internet, given the COVID impacts on business activity and consumer sentiment.  The analyst anticipates the headwind reflected across all internet segments, including e-commerce, advertising, and cloud computing. 

BIDU