环球市场动态：美国债务问题虽无近忧但有远虑

Market Overview - US debt issues present long-term concerns despite no immediate worries, with credit cracks due to Trump's policies[6] - A mixed performance in global stock markets, with the US awaiting earnings reports and non-farm payroll data[3] Stock Market Performance - The Dow Jones closed at 40,227.6, up 0.3%, while the S&P 500 rose 0.1% to 5,528.8; the Nasdaq fell 0.1% to 17,366.1[8] - European stocks rose, driven by merger news, with the Euro Stoxx 600 up 0.5%[3] Currency and Commodity Trends - International oil prices fell over 1%, with NY crude down 1.5% to $62.05 per barrel[26] - The US dollar weakened following poor manufacturing data, with the GBP reaching its strongest level since 2022[26] Fixed Income Insights - US Treasury yields fell, with the 2-year yield down 5.5 basis points to 3.75% and the 10-year yield down 2.7 basis points to 4.21%[30] - The upcoming Treasury auction on May 5 is anticipated, but no strong catalysts are supporting the current bond price increases[5] Chinese Market Dynamics - A-shares experienced slight declines, with the Shanghai Composite down 0.20% to 3,288.41 points amid a lack of specific stimulus measures[15] - The People's Bank of China indicated potential interest rate cuts, leading to a rise in bank stocks[15] Individual Stock Highlights - BYD Electronics reported a 2% increase in Q1 net profit, below expectations, leading to an 8.49% drop in stock price[13] - China Ping An's Q1 net operating profit rose 2.4% to 379 billion yuan, while net profit fell 26.4% to 270 billion yuan[18]