Market Overview - The U.S. stock market experienced a decline following President Trump's announcement of a 35% tariff on Canada and potential increases in tariffs on other countries, leading to a drop in major indices [1][2][3] - The Dow Jones Industrial Average fell over 300 points, while the S&P 500 and Nasdaq also saw slight declines [2] Trade Policy Impact - Trump's justification for the tariff increase on Canada was related to the fentanyl issue, with a warning of further increases if Canada retaliates [3] - Market analysts noted that despite the aggressive trade rhetoric, the market had not reacted significantly until this announcement, indicating a potential shock to investors [4] - UBS forecasts that the average U.S. tariff rate could approach 15% by the end of the year, which may slow economic growth but not lead to a recession [5] Earnings Season and Market Sentiment - Investors are looking forward to a strong earnings season to drive market performance, although there are concerns about potential loss of momentum by year-end [5][6] - Bank of America strategists noted that client feedback indicates minimal concern regarding economic or market valuations [5] Nvidia's Performance - Nvidia's stock reached a new high, with a price of $167.89 and a market capitalization of $4.07 trillion, leading a rebound in large tech stocks [7][8] - CEO Jensen Huang sold approximately $36.4 million worth of Nvidia shares as part of a pre-arranged plan, which has been ongoing since March [10] - Huang's net worth has significantly increased, reaching approximately $143 billion, nearly surpassing Warren Buffett's wealth [11] Cryptocurrency Market - Bitcoin surged to a new high, contributing to a significant rise in U.S.-listed cryptocurrency stocks, as the market anticipates upcoming legislative discussions on major crypto bills [15][16] - The total market capitalization of the cryptocurrency industry has expanded to around $3.7 trillion, with Bitcoin's price increasing by 26% year-to-date and nearly 41% over the past three months [18]
今夜!创新高!
Zhong Guo Ji Jin Bao·2025-07-11 16:17