On October 21st, Eastern Time, the three major U.S. stock indices opened lower collectively. The Dow Jones Industrial Average opened down by 0.08%, the S&P 500 Index fell by 0.13%, and the Nasdaq Composite dropped by 0.18%.

In terms of news, a large number of financial reports are expected to be released this week, with approximately one-fifth of the S&P 500 Index constituent companies anticipated to announce their earnings before Friday. Investors are waiting for major corporations to release their financial reports.

In the market, Boeing's stock rose by 3.4% as the company reached a tentative new agreement with the union. Spirit Airlines' stock surged by 38% after the company announced that it had reached an agreement with US Bank National Association to further extend the deadline for the 2025 notes to December 23rd, thereby securing more time for the refinancing of 2025 debt.

The precious metals sector saw a significant increase against the market trend, with Pan American Silver rising by more than 3%.

Most popular Chinese concept stocks fell, with stocks like Ke Holdings, Huazhu, New Oriental, and NIO falling by more than 2%, while Baidu, NetEase, and Alibaba fell by more than 1%.

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Last week, the S&P 500 Index rose by 0.85%, and the Dow Jones Industrial Average closed up by 0.96%. The Nasdaq Composite Index increased by 0.8%. On Friday, both the S&P 500 Index and the Dow Jones Industrial Average hit historical highs. Will the market continue to rise?

Goldman Sachs strategists indicated that as investors shift towards other assets, including bonds, in search of better returns, it is unlikely that the U.S. stock market will maintain its performance above the average of the past decade.

Fundstrat's technical analyst, Mark Newton, suggested that the U.S. stock market seems poised for a 7% pullback by mid-November. He anticipates that the S&P 500 Index will weaken in November.