亚太股市大跌！

Market Overview - The Asia-Pacific stock markets are generally declining, with the Hang Seng Tech Index opening lower and expanding its losses to 2% before slightly recovering [1] - Alibaba's stock experienced a sharp drop of 4.7% [1] - The A-share market is also weak, with the ChiNext Index down over 1%, the Shanghai Composite Index down 0.16%, and the Shenzhen Component Index down 0.48% [2][3] Global Market Performance - The South Korean stock market is down, with the KOSDAQ falling by 1.83% and the KOSPI200 down by 1.26% [4] - The Nikkei 225 index in Japan has decreased by 0.52% [4] - Bitcoin has seen an increase, reaching $106,500, with a daily rise of approximately 1% [4] Commodity Prices - WTI crude oil futures initially dropped by 1%, trading at $61.30 per barrel [5] - New York crude oil futures later narrowed their decline to 0.11% [6] - Spot gold prices increased by 1.2%, reaching $3,239.5 per ounce [7] U.S. Market Futures - U.S. stock index futures are all down, with the Nasdaq futures down 0.74%, S&P 500 futures down nearly 0.7%, and Dow futures down 0.71% [8] U.S. Sovereign Credit Rating - Moody's downgraded the U.S. sovereign credit rating from AAA to AA1, citing challenges in addressing the federal budget deficit and rising debt refinancing costs in a high-interest-rate environment [10][11] - This downgrade reflects a significant increase in the ratio of U.S. government debt and interest payments compared to similarly rated sovereign nations [11] - Moody's projects that the federal deficit will expand to nearly 9% of GDP by 2035, up from 6.4% in 2024, driven by increased debt interest payments and rising welfare expenditures [11]