It's Q3 month but the market hasn't heated up. Tech giants are going to announce their results,will the atmosphere be reversed?

The U.S. stock market ended the week with a small gain last Friday (16th). Buyers returned to the market due to better-than-expected retail sales data.

The Dow Jones Industrial Average closed up 112.11 points, or 0.39%, to 28,606.31 points; the S&P 500 index closed up 0.47 points, or 0.01%, to 3,483.81 points; the Nasdaq Index closed down 42.32 points, or 0.36%, to 11,671.56 points.

Seven of the 11 major sectors of the S&P 500 closed higher. Utilities stocks saw the biggest percentage gain, and energy stocks saw the biggest decline.

However, under the rebound of the US epidemic, the market did not become hot due to the company's Q3 financial report. It seems that heavyweight technology stocks that will announce their financial reports in the future will not be able to set off a new wave of rally. With less than three weeks left in the US general election, investors expect US stocks to continue to fluctuate.

Among the companies whose S&P 500 index constituent stocks have announced their financial reports, as many as 86% of the companies have exceeded analysts' expectations. This is Bloomberg's best performance since tracking this data in 1993. However, under the uncertainty of the epidemic, the average share price of the company fell by 2% one day after the company announced its financial report, which also caused the S&P 500 index to perform flat last week.

Tesla (TSLA.US) sold 2,056 electric vehicles in South Korea in September 2020, accounting for more than 91% of its total electric vehicle sales. In the first nine months of this year, Tesla sold 10,518 new energy vehicles in South Korea, accounting for 79.6% of its electric vehicle sales.