ATFX官网：全球市场动态 | 美股再创新高背后的多空博弈：贸易阴云下

Group 1 - The US stock market is experiencing historic breakthroughs driven by strong corporate earnings and optimism regarding US-EU trade agreements [1][4] - The S&P 500 and Nasdaq indices have set new closing records, continuing the current bull market despite rising valuation concerns [4] - 78% of S&P companies have reported earnings that exceeded expectations, with significant contributions from the energy and technology sectors [7] Group 2 - European markets experienced volatility due to comments from President Trump, which initially triggered a sharp decline [1][4] - The Euro fell by 0.38% against the US dollar following statements suggesting only a 50% probability of a US-EU agreement, leading to a 0.6% drop in the Stoxx 600 index [4] - The automotive sector in Europe faced a 1.5% decline, influenced by the current 25% tariff on EU cars exported to the US [4] Group 3 - The yield curve for US Treasury bonds is flattening, with the 2-year yield rising by 2 basis points and the 10-year yield falling by 1 basis point to 4.15% [5] - The dollar index has seen consecutive gains, but the weekly performance indicates ongoing market expectations for a Federal Reserve rate cut in September [5] Group 4 - The market is at a crossroads regarding Federal Reserve policy, with bullish sentiment driven by corporate earnings resilience, rate cut expectations, and potential trade breakthroughs [6] - Concerns persist regarding high valuations, with the market at over the 90th percentile historically, and a significant drop in commodity prices indicating shrinking demand [6] - Upcoming events, including the Federal Reserve meeting, US-EU negotiations, and July non-farm payroll data, are expected to influence market direction [6]