Market Performance - US stock market closed higher with the Dow Jones rising over 400 points, marking a four-day winning streak for the Nasdaq, while the S&P 500 and Nasdaq approached historical highs [1][3][4] - As of the close, the Dow Jones increased by 0.94% to 43,386.84 points, the S&P 500 rose by 0.8% to 6,141.02 points, and the Nasdaq gained 0.97% to 20,167.91 points, with both the S&P 500 and Nasdaq achieving their second-highest closing records [3][4] Economic Outlook - UBS warned that the current short squeeze in the US stock market may be nearing its end, with their tracked short squeeze index recently surging by 43%, while indicators of true risk appetite have been weakening [5] - Historical data suggests that similar intensity short squeezes typically result in average declines of 11% for the S&P 500 and 13% for the Nasdaq within three months following the peak [5] - JPMorgan analysts indicated a 40% probability of the US entering a recession in the second half of the year, citing potential negative impacts from US tariff policies on global economic growth and inflation [5] Federal Reserve Commentary - Federal Reserve officials have been vocal, with discussions around the potential early announcement of a successor to Jerome Powell by Trump, aimed at influencing market interest rate expectations [7] - Fed officials expressed confidence in the stability of the job market, with indications that the impact of tariffs on inflation may be moderate [7][8] - Fed officials also noted that while the labor market remains strong, further data on inflation is needed before making decisions on interest rate adjustments, with a focus on potential rate cuts later in the year [8] Technology Sector Performance - Major tech stocks mostly rose, with Facebook and Amazon increasing over 2%, while Google and Microsoft rose over 1%. Nvidia gained 0.46%, whereas Apple and Tesla saw slight declines [10] - Barclays research highlighted that the deployment of Robotaxis could pose a significant threat to traditional ride-hailing services by 2027, although current supply chain issues are limiting rapid expansion [11] - Google DeepMind launched the AI model AlphaGenome, which can analyze up to one million DNA base pairs and predict the effects of genetic mutations on regulatory mechanisms [12]
美联储,重磅发声!