指数高开高走，沪指10年首破3900！黄金创4000美元新高

Group 1 - Global capital markets experienced significant gains during the holiday period, particularly in gold, US stocks, and copper, driven primarily by AI narratives [1] - The A-share market returned to 3900 points for the first time in 10 years, with technology stocks being the main upward momentum, heavily influenced by external market sentiment and capital flow [1] - The Shanghai Composite Index broke through 3900 points, marking a 28% increase since the low on April 7, with a year-to-date gain of 16% [6] Group 2 - Gold prices are expected to enter a long-term bull market due to the ongoing expansion of dollar credit cracks, with increased demand anticipated for gold jewelry companies in China by 2025 [1] - The COMEX gold futures rose by 1.42% to $4060.6 per ounce, with a cumulative increase of 4.45% during the holiday [3] - The storage chip sector saw active trading, with companies like Shannon Chip and Jiangbo Long rising over 12%, influenced by a report predicting a price increase of 10% or more for server eSSD in Q4 2025 [4] Group 3 - The market showed a mixed performance with 2989 stocks rising and 2243 falling, indicating a predominance of local market conditions rather than a broad-based rally [9] - The technology sector, particularly AMD-related stocks, saw significant activity following a partnership announcement with OpenAI, leading to an over 11% increase in AMD's stock price [4] - The short-term market trend appears strong, with noticeable inflow of new capital, although the overall market profitability remains weak [8]