Guoxin Securities Co., Ltd·2025-04-07 05:26Domestic Market Overview - The domestic market experienced fluctuations and corrections, with the Shanghai Composite Index closing at 3342.01 points, down 0.24%, and the Shenzhen Component Index at 10365.73 points, down 1.4% [1][4] - Among 30 first-level industries, 14 saw gains, with agriculture, electricity, and food and beverage sectors leading the increases, while electronics, home appliances, and machinery faced significant declines [1][4] - The total trading volume of the A-share market reached 115.82 billion yuan, showing an increase compared to the previous day [1][4] Overseas Market Overview - The three major U.S. stock indices experienced significant declines, with the Dow Jones falling by 5.5%, the S&P 500 down 5.97%, and the Nasdaq decreasing by 5.82% [2][4] - Notable declines included Boeing and 3M, both dropping over 9%, while Tesla fell more than 10% [2][4] - Chinese concept stocks also saw substantial drops, with BOSS Zhipin falling over 18% [2][4] News Highlights - The State Council Tariff Commission announced an increase in tariffs on all imported goods from the U.S., effective April 10, 2025, with an additional 34% tariff imposed [3][11] - In the first quarter, China's consumer market showed signs of sustained growth, with offline consumption heat index increasing by 14.2% year-on-year [3][13] - The commentary from Xinhua emphasized the importance of advancing high-level opening-up and maintaining multilateralism in response to U.S. tariff policies [3][15]