The US stock market experienced volatile trading this week. Among them, the S&P 500 index and Nasdaq index surged for three consecutive days, while the Dow Jones Industrial Average stopped for four consecutive days. Boeing's stock price rose and then fell after announcing the earnings report, and eventually closed down nearly 3% due to Moody's downgrade. Meanwhile, Tesla rose sharply by 12% after the earnings report was announced, the biggest increase in two years.
Meta's stock price plummeted 18% after the after-market earnings report was announced due to rapid revenue growth in the first quarter but poor future prospects and the expected sharp increase in AI spending. This also dragged down the NASDAQ 100 index by more than 1% in after-market trading. Google, on the other hand, continued its upward trend, rising to a record high for the third day in a row. In contrast, Nvidia dropped 3.3% after rising 2% at the beginning of the session and dived nearly 6% from the daily high.
In other sectors, US orders for core durable goods rose 0.2% month-on-month in March, indicating that commercial equipment orders only increased slightly, indicating that companies were cautious about demand prospects and curtailed investment. In the US Treasury bond market, demand for 5-year US bonds is poor, while 10-year US bond yields rose for the first time this week. On the money market side, the yen fell below 155 US dollars, hitting a new low since 1990 for three consecutive days, while the US dollar index rebounded after hitting a new low of nearly two weeks.
Crude oil prices turned upward in the short term after the US Energy Information Administration (EIA) released crude oil inventory data. Gold, on the other hand, fell for three consecutive days, and futures closed at a new low of nearly three weeks. In the metals market, London copper stopped falling two times in a row,...

In Friday's trading, the three major US stock indexes all closed down more than 1%. Among them, the Dow recorded its biggest weekly decline since the Bank of Silicon Valley went out of business, while the S&P 500 experienced its worst week in nearly five months. Among technology stocks, Apple rose against the market, with weekly gains of more than 4%, while the chip stock index plummeted by more than 3%, and Intel and AMD declined by more than 5% and 4%, respectively. Furthermore, J.P. Morgan Chase plummeted 6.5% after the earnings report was released, the biggest one-day decline in nearly four years.
Although the Pan-European stock index rebounded on Friday, it still closed down for two consecutive weeks, while the oil and gas sector bucked the trend and rose 2.5% to a new high since 2008. In the bond market, due to the escalation of geopolitical risks in the Middle East, the yield on US 10-year Treasury bonds fell 10 basis points from a nearly five-month high. Meanwhile, the dollar index hit a new five-month high, while the yen hit a new low since 1990 for three consecutive days.
The crude oil market rebounded against the backdrop of a tense situation in the Middle East, although it continued to decline throughout the week. U.S. crude oil prices once surged more than 3% in the intraday period, hitting a new high in nearly half a year, but then fell back. Gold fell sharply after successive intraday record highs. At one point, it fell 4% from its high level. In the cryptocurrency market, Bitcoin also experienced a wave of sharp fluctuations. At one point, it plummeted by more than $6,000 and fell below the $66,000 mark.
The Chinese market was also under pressure during the US stock period. The China Securities Index plummeted 4.6%. Among them, Xiaopeng Motor and NIO Auto plummeted by nearly 10% and 8%, respectively. The offshore renminbi also fell sharply in the intraday period, approaching 7...

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