Mei Ri Jing Ji Xin Wen·2025-05-21 23:05Group 1 - The new U.S. budget bill raises concerns among traders about the deficit, leading to poor results in U.S. Treasury auctions and accelerating bond market sell-offs, which in turn dragged down U.S. stock indices to their largest decline in a month [1][4] - The U.S. stock market saw significant declines, with the Dow Jones down 1.91%, Nasdaq down 1.41%, and S&P 500 down 1.62% [1][4] - Long-term U.S. Treasury bonds were heavily sold off, with the 20-year bond yield rising to 5.12%, the 30-year bond yield reaching 5.09%, and the 10-year bond yield hitting a near three-month high of 4.60% [1][4] Group 2 - The CME Bitcoin futures main contract rose by 1.07% to $109,000, but quickly reversed gains after the announcement of the U.S. Treasury's 20-year bond issuance results [3] - The VIX index, a measure of market volatility, increased by 15.42% to 20.88, indicating heightened market fear [7] - The Philadelphia Semiconductor Index fell by 0.14%, with notable declines in AMD and TSMC ADR [7] Group 3 - Notable declines in major tech stocks included Tesla down 2.68%, Apple down 2.31%, and Nvidia down 1.92%, while Google A saw an increase of 2.79% [4][5] - Chinese concept stocks experienced mixed results, with Baidu down 4.32% and Li Auto up 3.08% [8][9] Group 4 - XPeng Motors reported Q1 revenue of 15.81 billion yuan, a year-on-year increase of 141.5%, with expectations of doubling sales this year [10] - WeRide announced Q1 revenue of 72.44 million yuan, with a gross margin of 35.0%, and a significant increase in Robotaxi revenue [10] Group 5 - The offshore RMB against the U.S. dollar traded at 7.2041, showing a slight increase, while the U.S. dollar index fell by 0.42% to 99.60 [11] - Gold prices rose, with spot gold up 0.75% to $3,314.77 per ounce, and COMEX gold futures up 1.01% to $3,317.80 per ounce [12]