Ge Long Hui·2025-07-11 00:28Group 1: Trade and Tariffs - The US announced a 50% tariff on Brazilian goods starting August 1, prompting Brazilian President Lula to seek negotiations with the US and consider retaliatory measures if negotiations fail [1] - Lula emphasized that Brazil can survive without trading in US dollars and suggested that Trump should address tariff issues at the G20 [1] - The US Treasury Secretary hinted at the need for patience in trade discussions, comparing Trump's temperament to that of George Soros [1] Group 2: Market Performance - Major US stock indices reached new highs, with the Nasdaq up 0.09%, S&P 500 up 0.27%, and Dow Jones up 0.43% [1][3] - Nvidia's stock rose 47% since the announcement of tariffs, reflecting strong performance in the tech sector [1] - The Nasdaq China Golden Dragon Index increased by 0.90%, with Alibaba rising over 2% and Netease dropping over 2% [2] Group 3: Economic Indicators - The US initial jobless claims for the week ending July 5 were reported at 227,000, lower than the expected 235,000 [14] - The US Treasury yields showed slight changes, with the 10-year yield at 4.351% [5] - The dollar index increased by 0.10%, indicating a slight strengthening of the US dollar [5] Group 4: Corporate Developments - Tesla's stock rose by 4.73%, while AMD increased by 4.15% [2] - TSMC reported a 26.9% year-on-year increase in sales for June, with total sales for the first half of the year up 40% [11] - BYD announced its advanced parking assistance technology, claiming it can achieve L4-level autonomous parking [12]