特朗普：局势“完全失控”

Market Overview - The U.S. stock market experienced slight declines on Friday, with the Dow Jones down 0.17% at 49,359.33 points, the Nasdaq down 0.06% at 23,515.39 points, and the S&P 500 down 0.06% at 6,940.01 points, indicating a narrow trading range throughout the day [3] - Small-cap stocks continued to outperform, with the Russell 2000 index achieving its 11th consecutive day of outperforming major U.S. indices, suggesting a strong performance in value and small-cap stocks this year [4] Bond Market - The 10-year U.S. Treasury yield rose by 5 basis points, while the 2-year yield increased by approximately 3 basis points, reflecting market adjustments to interest rate expectations [2] Semiconductor Sector - Semiconductor stocks saw a general increase, with Micron Technology rising by 7.6% to reach a historical high, surpassing a market capitalization of $400 billion. The company announced a $100 billion investment in a memory manufacturing complex in New York, which is set to become the largest semiconductor facility in the U.S. and is expected to start production by 2030 [6] - ASML also reached a historical high, becoming the third European stock to surpass a market capitalization of $500 billion, with analysts predicting a potential 70% increase in value due to rising demand for AI-related chip manufacturing [6] Financial Sector - Major banks reported stable earnings, but the financial sector faced pressure due to concerns over President Trump's proposed credit card interest rate cap, leading to an overall decline in financial stocks for the week [4] Political and Economic Context - President Trump's hesitation regarding the nomination of Kevin Hassett as the next Federal Reserve Chair has led to a slight decrease in market expectations for interest rate cuts this year, with traders adjusting their outlook [1][9] - The ongoing protests in Minneapolis have raised concerns about potential government actions, which could impact market sentiment and economic stability [10][11]