Di Yi Cai Jing·2025-06-17 23:30Economic Indicators - Multiple economic indicators showed improvement in May, with a significant rebound in consumption growth [1][11] - The market is experiencing rapid rotation among sectors, indicating clear structural opportunities despite a background of reduced trading volume [1][11] Stock Market Performance - US stock markets experienced a decline, with major indices falling: Dow Jones down 299.29 points (-0.7%), S&P 500 down 50.39 points (-0.84%), and Nasdaq down 180.12 points (-0.91%) [4][3] - Technology stocks faced pressure, with Tesla leading the decline at nearly 4%, and other major companies like Apple, Microsoft, and Amazon also experiencing losses [4] Foreign Exchange Market - In May, the foreign exchange market in China remained stable, with a net inflow of $33 billion from non-bank sectors [5] - The demand for foreign exchange decreased, while the willingness to settle foreign exchange remained stable, indicating a rational and orderly market [5] Commodity Market - Oil prices rebounded significantly due to risks in the Middle East, with WTI crude oil futures rising 4.3% to $73.27 per barrel and Brent crude oil increasing 4.4% to $76.45 [4] - Gold prices faced a slight decline, with COMEX gold futures down 0.3% to $3406.9 per ounce [4] Corporate Developments - BOE announced plans to acquire a 30% stake in Rainbow Optoelectronics for a base price of 4.849 billion yuan, aiming to enhance competitiveness [8] - Guoxin Technology successfully tested a new quantum-resistant encryption card, indicating advancements in information security products [9] - Rongchang Bio's drug, Tai Itasip, received orphan drug designation from the EU, which will provide policy support for its development [10]