The Dow Jones Industrial Average fell below the 53,000-point mark, while AMD held steady against the trend.

Rising oil prices and bond yields, coupled with Walmart's disappointing earnings, renewed selling pressure on US stocks overnight. The Dow Jones ( $Dow Jones Industrial Average (.DJI.US)$ ) plunged over 700 points, breaking below the 53,000-point threshold. Watch for support near the 50-day moving average at approximately 52,500 points next; the Nasdaq-100 ( $NASDAQ 100 Index (.NDX.US)$ ) fell for the fourth consecutive day, testing the 29,200 support level again. A break below this level could trigger a new wave of selling pressure. If you are bullish on the Dow, consider bull contracts $SG#DJIA RC2612F.C (49653.HK)$ , with a call price of 49,000 points. Conversely, for those bearish, consider bear certificates $SG#DJIA RP28122.P (49649.HK)$ , with a call price of 57,000 points. For those bullish on the Nasdaq, consider bull certificates $SG#NQ100RC2612K.C (49611.HK)$ , with a call price at 27,000. Conversely, for bearish views, consider bear warrants $SG#NQ100RP2812F.P (49614.HK)$ , with a call-back price at 31,500 points.

Advanced Micro Devices (AMD) ( $Advanced Micro Devices (AMD.US)$ AMD stabilized overnight against the trend, rebounding from the $460 level after three consecutive days of declines. If it can further reclaim the 20-day moving average around $485, the trend may strengthen. Those bullish on AMD may consider call warrants. $SG-AMD @RC2612A.C (11214.HK)$ , with a strike price of 700.

Broadcom ( $Broadcom (AVGO.US)$ After sharp declines in recent days, the downtrend has steadied, with prices consolidating near $360 overnight. In the short term, watch to see if it can gradually reclaim the $380 level. Those bullish on Broadcom may consider call warrants. $SG-BDCM@RC2612A.C (11128.HK)$ , with a strike price of 380.

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