疯涨，又创历史新高！

Group 1: Gold Market - Gold prices surged over 1%, breaking the historical high of $3500, reaching a peak of $3539.88 and closing at $3533.40, with further increases observed in the European market, hitting $3546.99 [1] Group 2: U.S. Stock Market - U.S. stock indices collectively declined, with the Dow Jones down 0.55% to 45295.81 points, the S&P 500 down 0.69% to 6415.54 points, and the Nasdaq down 0.82% to 21279.63 points [2] - Historically, September is known to be a poor month for U.S. stocks, with the S&P 500 averaging a decline of 4.2% over the past five years and over 2% in the past decade [12] Group 3: U.S. Manufacturing Sector - The U.S. manufacturing sector remains weak, with the ISM manufacturing PMI slightly rising to 48.7 in August from 48.0 in July, indicating a sixth consecutive month of contraction [3] - Manufacturing accounts for approximately 10.2% of the U.S. economy, and its weakness directly impacts employment, investment, and consumption [3] Group 4: Federal Reserve and Interest Rates - Market expectations for a 25 basis point rate cut by the Federal Reserve on September 17 are nearly 92% according to CME's FedWatch tool [5] - The 30-year U.S. Treasury yield approached 5%, which is seen as a critical psychological barrier for the market [6] Group 5: U.S. Treasury and Fiscal Policy - The U.S. Treasury market is viewed as a "danger zone," with rising yields amid concerns over fiscal policy and potential legal challenges to tariffs imposed by former President Trump [5][8] - Trump's appeal to the Supreme Court regarding tariffs could exacerbate the already strained fiscal situation in the U.S. [8] Group 6: Labor Market Data - Investors are focused on the upcoming JOLTs job openings data, with expectations of 7.378 million openings for July, down from 7.437 million in June [11][12] - The JOLTs report is a key labor market indicator closely monitored by the Federal Reserve [12]