Xin Lang Cai Jing·2026-02-23 01:01Market Performance - Despite high core PCE inflation data, large tech stocks supported the market, leading to gains in major US stock indices: Dow Jones up 0.25%, S&P 500 up 1.07%, and Nasdaq up 1.51% [1][9] Upcoming Events - AI giant Nvidia is set to release its significant earnings report on February 25, which is a focal point for global markets this week [10][17] - Apple will hold its annual shareholder meeting on February 24, focusing on new product development, AI technology implementation, and supply chain adjustments [10][18] - The US January PPI data will be released on February 27, providing insights into inflation trends [6][15] Precious Metals - Gold prices surged to approximately $5,140 per ounce, with silver prices increasing by over 2% [10] - As of February 23, gold was reported at $5,155.77 per ounce, up 0.87%, while silver was at $86.625 per ounce, also showing a significant increase [10] Trade Policy - President Trump announced an increase in the global import tariff from 10% to 15%, following a Supreme Court ruling on tariffs [4][13] - The administration plans to introduce new legally permissible tariff measures in the coming months [5][14] Economic Indicators - HSBC forecasts a 0.3% month-over-month increase in January's PPI, with the annual growth rate expected to slow from 3.0% in December to 2.8% [6][15] - The Federal Reserve's recent meeting minutes indicate significant internal disagreement regarding future interest rate paths, with some members suggesting the possibility of rate hikes if inflation remains above target [6][16]