美股三大股指高开，道指涨0.48%，标普500指数涨0.56%，纳指涨0.7%。美国钢铁涨约5%，特朗普批 准美国钢铁与日本制铁之间的合作伙伴关系。热门中概股普涨，纳斯达克中国金龙指数涨超2%，哔哩 哔哩涨5.8%，小鹏汽车涨3.4%。 ...

Market Analysis & Trends - The U_S stock market has recovered from a previous flash crash, but the dollar index has fallen to a new low since 2022 [1] - The dollar index (DXY) measures the dollar's strength against a basket of six major currencies, with the Euro having the largest weighting at 575% [1] - Since early 2025, the dollar index has been declining, reaching its lowest level since 2022 [1] Factors Influencing the Dollar - Dollar's value is determined by supply and demand, with supply factors including the U_S trade deficit, Federal Reserve monetary policy, and U_S fiscal deficit [1] - Demand for dollars is influenced by international trade settlement, central bank foreign exchange reserves, and investment in dollar assets [1] - Short-term dollar trends are primarily influenced by the Federal Reserve's monetary policy and the U_S government's fiscal deficit [1] Recent Dollar Depreciation - The dollar's strength in 2024 was driven by Trump's policies, but it weakened in early 2025 due to concerns about trade protectionism and fiscal policies [2] - Market concerns about U_S governance and institutional issues are eroding foreign investors' confidence in dollar assets [2] - Some countries are reducing their reliance on the dollar [2] Future Dollar Trends - The report suggests that a complete collapse of dollar hegemony is unlikely in the foreseeable future [2] - Short-term dollar trends will be heavily influenced by Trump's policies, with potential for continued downward pressure due to trade and fiscal uncertainties [2] - The U_S economy remains strong, with positive economic data and a relatively hawkish Federal Reserve compared to other central banks [3] Investment Strategy - The author believes that the dollar's depreciation pressure may be nearing its end, with potential for appreciation due to economic fundamentals and policy factors [3] - The author suggests that long-term investors should focus on the U_S's economic fundamentals and technological advancements rather than short-term policy risks [3] - The author maintains a long-term positive outlook on U_S equities and dollar assets, particularly for investors in developing countries [3]

美股低开低走，三大指数均跌超1%。道指跌1.79%，纳指跌1.3%，标普500指数跌1.13%。 ...

智通财经6月11日电，汇丰策略师将美股评级从中性上调至增持。 ...

美股低开高走，纳斯达克指数涨0.4%，此前开盘下跌0.2%。 ...

美股跌幅收窄， 道指转涨。 ...

智通财经5月31日电，美股跌势扩大，纳斯达克综合指数跌超1%。 ...

Summary of Conference Call Minutes Industry or Company Involved - Focus on the global market impact of the "reciprocal tariff" policy Core Points and Arguments - The recent tariff reduction from 145% to 10% exceeded expectations, alleviating short-term market concerns, but medium to long-term risks related to trade restrictions need monitoring, particularly around key dates in July and August [1][2] - The U.S. effective tax rate has decreased to 16-17%, indicating a significant shift in market dynamics [2] - The performance of U.S. stocks, particularly in the tech sector, has rebounded quickly, suggesting that previous recession fears may have been overstated [4] - The current market is characterized by limited upward momentum and constrained downside potential, indicating a state of indecision [2] - The liquidity shock is viewed as an occasional event that presents buying opportunities, with central bank interventions typically proving effective [4] Other Important but Possibly Overlooked Content - The recommendation to focus on sectors with strong end-demand and technology innovation, while also capitalizing on short-term trading opportunities in Hong Kong stocks [1] - The expectation that the core Personal Consumption Expenditures (PCE) inflation rate will decline to 3.5-4% by year-end, with the Federal Reserve potentially lowering rates 1-2 times in Q4 [4] - The suggestion to wait for U.S. Treasury yields to rise to 4.8-5% before making long positions, as the current yield of 4.5% is deemed unattractive [5][8] - The impact of tariff adjustments on China's market is projected to reduce GDP influence from 3% to 1-1.5%, with Hong Kong's earnings being less affected than A-shares [7][9] - Recommendations for gold investment strategies include dollar-cost averaging or grid trading, given the high levels of market congestion [6][9]

美股短线走低，道指转跌。 ...

美股持续上扬，标普500指数涨幅扩大至2%、纳指涨2.45%、道指涨1.64%。特斯拉(TSLA.O)现涨近 7%。 ...