无惧关税来袭，标普纳指齐新高，特斯拉大反弹近5%，比特币续创新高

Core Viewpoint - The recent tariff actions by the Trump administration have caused short-term market fluctuations, but strong corporate earnings expectations and enthusiasm for artificial intelligence are helping investors absorb the uncertainty of trade policies and maintain an overall optimistic stance on risk assets [1]. Market Performance - On Wednesday, the Dow Jones fell by 0.03%, while the S&P 500 rose by 0.04% and the Nasdaq increased by 0.1% [2]. - Major industry ETFs mostly declined, with the energy sector ETF down nearly 1% and the internet stock index ETF down 0.5%, while the global airline industry ETF rose over 4% [3][14]. - The European Stoxx 600 index increased by 0.6%, marking its longest four-day winning streak in over a month [1]. Sector Highlights - Delta Air Lines saw an approximate 11% increase in its stock price after exceeding second-quarter earnings expectations and restoring its full-year earnings guidance [2]. - Rare earth stocks surged, with MP Materials rising about 57% and USA Rare Earth increasing by approximately 17% following news of the U.S. Department of Defense becoming the largest shareholder of MP Materials [11][13]. - The copper price on the London Metal Exchange rose by 0.4%, ending a five-day decline, while in New York, copper prices increased by 2.1%, marking an over 11% cumulative rise since the announcement of tariffs [19]. Economic Indicators - The 10-year U.S. Treasury yield rose by 1 basis point to 4.35% [4]. - The WTI crude oil price fell by 1% to $66.27 per barrel, and Brent crude also saw a 1% decline to $69.47 per barrel [9][16]. - The U.S. dollar exchange rate remained stable, with minimal changes in the euro to dollar ratio at 1.1728 [6]. Investment Sentiment - Analysts suggest that the market's sensitivity to tariff news has decreased, with ongoing economic growth signs and confidence in upcoming earnings seasons providing support for stock market gains [19]. - Strong performance in technology stocks, such as Nvidia and Tesla, is seen as a crucial pillar of market confidence, with recommendations for investors to consider buying on dips [23].