PDD(US:PDD) 第一财经·2025-05-27 23:31Core Viewpoint - The article highlights a significant rebound in the U.S. stock market driven by President Trump's decision to delay new tariffs on the EU, which has improved investor sentiment and led to strong performances in AI-related tech stocks [1]. Market Performance - The Dow Jones Industrial Average rose by 740.58 points, or 1.78%, closing at 42,343.65 points - The S&P 500 increased by 118.72 points, or 2.05%, ending at 5,921.54 points - The Nasdaq Composite surged by 461.96 points, or 2.47%, closing at 19,199.16 points - The S&P 500 is now only 3.6% away from its record high set on February 19, after previously dropping nearly 19% following the announcement of tariff plans [1]. Economic Indicators - The U.S. consumer confidence index for May jumped by 14.4%, alleviating concerns about an economic slowdown [1][2]. - Richmond Fed President Thomas Barkin noted that recent economic data does not indicate rising inflation or unemployment, suggesting that interest rate policies are likely to remain unchanged in the short term [2]. Sector Performance - All eleven sectors of the S&P 500 saw gains, with consumer discretionary and information technology sectors leading the way - High-growth sectors such as aviation and semiconductors experienced notable increases - Major tech stocks performed well, with Tesla rising nearly 7%, Nvidia up over 3%, and other giants like Apple, Microsoft, Amazon, Google, and Meta all gaining over 2% [3]. Earnings Expectations - Nvidia is expected to report a significant year-over-year revenue increase of 66.2% and a 43.5% growth in earnings per share in its upcoming quarterly report [3]. Chinese Stocks - The Nasdaq Golden Dragon China Index fell by 0.28%, with mixed performances among individual stocks - Pinduoduo reported a Q1 2025 revenue of 95.672 billion RMB, a 10% year-over-year increase, but below market expectations; its adjusted net profit dropped by 45% [3].