美股周三收盘点评：从绿色到格陵兰岛

Group 1: Commodity Market - The Goldman Sachs Commodity Index and Bloomberg Commodity Index are in the early stages of annual rebalancing, with potential selling pressure on metals (silver, gold, copper) due to price surges since January, which may be offset by buying in energy products (oil, natural gas) [1] - Gold is competing with U.S. Treasuries to become the largest reserve asset for governments, enhancing its attractiveness [7] - Precious metals prices declined due to commodity index rebalancing and upcoming tariff decisions [8] Group 2: Stock Market - U.S. stock market experienced a decline, with nearly four times as many stocks falling as rising, and eight out of eleven sectors closing lower, with utilities sector seeing its largest drop since April 2025 [2] - European stock markets retreated from historical highs, dragged down by energy stocks, while the Swedish market rose over 2%, marking its largest increase since July [3] - Japanese stock market fell after a strong start since 1990, amid concerns over the impact of China's export controls [4] - The Shanghai Composite Index in China has risen for 14 consecutive trading days, achieving its best performance since the 1990s [5] Group 3: Bond Market - U.S. Treasury bonds rose due to geopolitical concerns, with mixed employment data influencing market sentiment, while attention is focused on the upcoming comprehensive employment report [6] - European and Japanese interest rate markets showed similar trends due to geopolitical worries, with inflation data across multiple countries meeting expectations [6] - Japan's bond market is expected to face significant challenges in the coming year, with net government bond issuance projected to reach its highest increase in over a decade [6] Group 4: Currency Market - Mixed economic data from the U.S. led to a slight strengthening of the dollar [9]