中国基金报·2025-07-11 23:55Market Overview - The three major US stock indices recorded declines this week, with the Dow Jones down 1.02%, S&P 500 down 0.31%, and Nasdaq down 0.08% [5][6] - The Dow closed at 44,371.51 points, S&P 500 at 6,259.75 points, and Nasdaq at 20,585.53 points [5][6] Commodity Performance - Gold prices increased by nearly 1% to $3,354.75 per ounce, with a weekly gain of 0.62% [14] - Silver rose by 3.8% to $38.406 per ounce, accumulating a weekly increase of 3.98% [16] - WTI crude oil saw a rise of over 3%, closing at $68.45 per barrel, with a weekly increase of approximately 0.6% [15] Corporate Developments - Elon Musk denied rumors that his company xAI is seeking a valuation of $200 billion in its next funding round, stating that the company has sufficient funds [3][12] - xAI is planning to expand its autonomous taxi service to the San Francisco Bay Area, pending regulatory approval [12] - Amazon is set to make a multi-billion dollar strategic investment in AI startup Anthropic to enhance its competitiveness in the AI sector [12] - Meta may face new charges from the EU under the Digital Markets Act, potentially leading to daily fines [12][13] Government Actions - President Trump announced a 35% tariff on Canadian goods starting August 1, which has raised market concerns about inflation [7][8] - The Chicago Fed President indicated that the new tariffs could complicate the Fed's decision-making regarding interest rate cuts [8]