深夜跳水，一个“危险信号”出现

Market Overview - The three major indices in the U.S. collectively declined, with the Nasdaq leading the drop at nearly 1% as trade tensions escalated [1] - The Dow Jones Industrial Average closed down 0.71% at 46,590.41 points, while the S&P 500 fell 0.53% to 6,699.40 points, and the Nasdaq Composite dropped 0.93% to 22,740.40 points [1] Company Performance - The previous trading day saw the Dow reach a record high, briefly surpassing 47,000 points, primarily driven by strong performances from Coca-Cola and 3M [2] - Major tech stocks mostly declined, with Nvidia down 0.49%, Apple down 1.64%, and Amazon down 1.84%. In contrast, Microsoft rose 0.56%, and Google increased by 0.49% [2] - Chinese concept stocks also experienced a downturn, with the Nasdaq Golden Dragon China Index falling 0.93%. Notable declines included Alibaba down 0.49%, JD.com down 1.13%, and Baidu down 1.77% [2] Gold Market Insights - Gold prices experienced a significant drop, with a 6.3% decline marking the largest single-day drop since 2013. This was attributed to concerns over the rapid previous price increases [3] - Despite recent declines, gold prices have risen over 50% year-to-date, largely due to a surge in retail investors entering gold-backed ETFs, which have reached their highest holdings in three years at 98.9 million ounces [3] - The current gold price increase differs from earlier in the year, as central bank participation has been absent since September, indicating a shift in market dynamics [3] Economic Impact of Government Shutdown - The U.S. federal government shutdown has reached its 22nd day, becoming the second-longest in history, surpassing the 1995-1996 shutdown [5] - Economic analysts estimate that each week of shutdown could reduce annual economic growth by 0.1-0.2 percentage points, with visible impacts such as increased demand for food assistance among furloughed government employees [5][6] - The shutdown is expected to worsen in the coming days, with federal employees facing complete salary stoppages, and potential risks to military pay and federal food assistance funding [6]