Wind数据显示，截至记者发稿时，标普500指数上涨0.51%，纳斯达克指数上涨0.53%，续创历史新高；道琼斯指数上涨0.84%。 8月13日，受美联储降息预期提振，美股三大指数集体高开。 美股科技股上涨。特斯拉涨逾2%，亚马逊涨逾1%，苹果、谷歌、微软、英伟达上涨。 | | | 中概股集体大涨，纳斯达克中国金龙指数开盘大涨逾2%。其中，成分股万物新生涨逾10%，逸仙电商涨逾7%，老虎证券涨逾6%，哔哩哔哩涨近6%。 | 小牛电动 | 4.510 | 4.88% | | --- | --- | --- | | NIU.O | | | | 小马智行 | 14.989 | 4.38% | | PONY.O | | | | 爱奇艺 | 1.931 | 4.36% | | IQ.O | | | | 我们之 | 13.960 | 4.33% | | KC.O | | | 万得中概科技龙头指数大涨逾4%，腾讯控股-ADR涨逾6%。网易、阿里巴巴、美团-ADR、百度集团等涨逾3%。消息面上，腾讯控股公布二季度业绩，收 入同比增长15%至1845亿元，显著高于市场预期。 | < W | | 万得中概科技龙头指数(DRAG) ...

Core Viewpoint - The article highlights the impact of escalating tensions in the Middle East on global markets, leading to declines in U.S. stock indices and significant increases in gold and oil prices due to heightened risk aversion and supply concerns [1][3][11]. Group 1: U.S. Stock Market Performance - All three major U.S. stock indices fell, with the Dow Jones down 1.58%, Nasdaq down 1.08%, and S&P 500 down 0.97% [3]. - The "fear index," or the S&P 500 volatility index, surged above 20, reaching its highest level since late May [3]. - The technology sector, represented by the seven major tech companies, also experienced declines, with the index down 0.86% and notable drops in stocks like Apple and Nvidia, which fell over 1% [6]. Group 2: Energy and Commodity Markets - International gold prices rose significantly, with COMEX gold futures increasing by 1.69% to $3459.8 per ounce, and London gold spot prices up 1.23% to $3427.71 per ounce [11][12]. - Oil prices surged due to concerns over potential disruptions in Middle Eastern oil supply, with NYMEX WTI crude oil futures rising by 6.67% to $72.58 per barrel and ICE Brent crude oil futures up 6.52% to $73.88 per barrel [11][12]. - Energy stocks saw a collective increase, with Houston energy stocks rising over 100% and U.S. energy stocks up over 62% [7].

Core Viewpoint - The article highlights the impact of escalating tensions in the Middle East on global markets, leading to declines in U.S. stock indices and significant increases in gold and oil prices due to heightened risk aversion and supply concerns [1][3][11]. U.S. Stock Market Performance - All three major U.S. stock indices fell, with the Dow Jones down 1.58%, Nasdaq down 1.08%, and S&P 500 down 0.97% as of 23:02 Beijing time [3]. - The "fear index," or the S&P 500 volatility index, surged above 20, reaching its highest level since late May [3]. - The technology sector, represented by the seven major tech companies, also experienced declines, with the index down 0.86% and notable drops in stocks like Apple and Nvidia, which fell over 1% [6]. Energy and Commodity Markets - Energy stocks in the U.S. saw a significant rise, with Houston energy stocks up over 100% and U.S. energy stocks up over 62% [7]. - In contrast, airline stocks faced declines, with companies like Delta Air Lines and American Airlines reporting losses [7]. - Gold prices reached a one-week high, with COMEX gold futures rising 1.69% to $3,459.8 per ounce and London gold spot prices increasing 1.23% to $3,427.71 per ounce [11]. - International oil prices surged due to concerns over potential disruptions in Middle Eastern oil supply, with NYMEX WTI crude oil futures up 6.67% to $72.58 per barrel and ICE Brent crude oil futures up 6.52% to $73.88 per barrel [11][12]. Chinese Concept Stocks - The Nasdaq Golden Dragon China Index fell 1.89%, although some individual stocks like Donis saw gains of over 7% [8]. - Other notable Chinese stocks included Yatsen Global, Sohu, and JinkoSolar, which experienced varying degrees of price changes [9].

Core Viewpoint - The VIX, known as the fear index, closed at 18.39, marking its lowest closing level since March 26 [1] Group 1 - The decline in the VIX indicates a reduction in market volatility and investor fear [1]

Core Viewpoint - The recent volatility in global financial markets, highlighted by the Cboe Volatility Index (VIX), has not exhibited the extreme pricing anomalies seen in previous market downturns, indicating a more stable market response to risk events like tariff announcements [1][2][3]. Group 1: Market Reactions and VIX Behavior - The VIX index spiked to 60 points but followed a similar trajectory to the S&P 500 index, contrasting with the extreme pricing seen in August [1][3]. - Following a tweet from Trump indicating a rational shift in tariff policy, global markets experienced a significant rebound, termed a "miracle day" for U.S. stocks [1]. - Investors managed risks during tariff-induced market turmoil by cashing out existing hedges rather than panic buying new protective positions, reflecting a more mature market behavior [2][8]. Group 2: Structural Market Dynamics - The widening bid-ask spreads in the market have increased to about 3-4 times the normal levels, indicating ongoing uncertainty despite the VIX's record drop following tariff news [2][13]. - The VIX remains approximately 20 points above its one-year average, suggesting that the market anticipates prolonged volatility and deeper risks related to global trade conflicts [2][10]. - The current market dynamics show that the VIX's pricing trend is healthy and not driven by extreme derivative positions, indicating a structural resilience in the market [7][8]. Group 3: Future Market Outlook - Analysts warn that the current volatility may become the new normal, with potential for further declines unless significant macroeconomic interventions occur [14]. - The market's response to recent tariff announcements suggests that traders are better prepared for volatility, which may lead to more stable pricing in the future [8][10].