周四美股开盘后整体表现平稳，三大股票指数小幅上涨，但涨幅均不超过1%。 当天最重磅的消息是美国总统特朗普即将签署行政命令，允许私募股权、房地产、加密货币等另类资产 进入401K退休储蓄计划。此外，礼来公司因为减肥药效果不达预期股价暴跌。 401K可投资加密货币 据媒体最新报道，美国总统特朗普将于当地时间周四签署行政令，允许私募股权、房地产、加密货币等 另类资产进入401K退休储蓄计划，为这些行业打开约12.5万亿美元退休账户资金的大门。 所谓的401K计划是指美国1978年《国内税收法》新增的第401条K项条款的规定，是一种由雇员、雇主 共同缴费建立起来的完全基金式的养老保险制度。按该计划，企业为员工设立专门的401K账户，员工 每月从其工资中拿出一定比例的资金存入养老金账户，而企业一般也按一定的比例(不能超过员工存入 的数额)往这一账户存入相应资金。与此同时，企业向员工提供3到4种不同的证券组合投资计划。员工 可任选一种进行投资。员工退休时，可以选择一次性领取、分期领取和转为存款等方式使用。 美国劳工部周四发布的数据显示，截至7月26日当周，持续申领失业金人数增加了3.8万人，达到197万 人。该数据在高位 ...

Group 1: 401K Retirement Savings Plan Changes - The U.S. President Trump is set to sign an executive order allowing alternative assets such as private equity, real estate, and cryptocurrencies to be included in 401K retirement savings plans, potentially opening up approximately $12.5 trillion in retirement account funds to these sectors [3][4] - The executive order will instruct the Department of Labor to reassess guidelines regarding alternative asset investments in retirement plans and clarify the government's fiduciary responsibilities when offering funds that include alternative investments [3][4] Group 2: Eli Lilly's Weight Loss Drug Performance - Eli Lilly reported second-quarter earnings that exceeded market expectations, with revenue of $15.557 billion, a 38% year-over-year increase, and net income of $5.661 billion, a 91% increase [8] - Despite strong earnings, the company's stock plummeted by 13% due to disappointing results from its experimental weight loss drug orforglipron, which helped patients lose about 11% of their weight, falling short of market expectations [8] Group 3: Unemployment Claims and Federal Reserve - The U.S. Department of Labor reported an increase of 38,000 in continuing unemployment claims, reaching 1.97 million, indicating growing difficulty for unemployed individuals to find new jobs [6] - Following a significant downward revision of employment data, there are heightened concerns among investors and economists regarding further deterioration in the labor market, which may influence expectations for a potential interest rate cut by the Federal Reserve in September [6] Group 4: Intel CEO Controversy - President Trump called for Intel CEO Pat Gelsinger to resign, citing serious conflicts of interest, which led to a more than 2% drop in Intel's stock price following the announcement [10] - Intel stated that it values national security and the integrity of its role in the U.S. defense ecosystem, indicating ongoing communication regarding the issues raised by Trump [10]

Core Viewpoint - The article discusses President Trump's upcoming executive order that will allow alternative assets such as private equity, real estate, and cryptocurrencies to be included in 401(k) retirement savings plans, potentially opening up approximately $12.5 trillion in retirement account funds to these industries [1][2][3]. Group 1: Executive Order Details - The executive order will instruct the Department of Labor to reassess the guidelines regarding alternative asset investments in retirement plans as stipulated by the Employee Retirement Income Security Act of 1974 [2]. - The order will also clarify the government's fiduciary responsibilities when offering asset allocation funds that include alternative investments [2]. - The Labor Secretary will collaborate with federal regulatory agencies, including the Treasury and the SEC, to determine if modifications to existing rules are necessary [2]. Group 2: Market Implications - This initiative is seen as the largest move by the Trump administration to introduce private assets into defined contribution accounts and is a significant part of efforts to promote the cryptocurrency industry [3]. - The asset management industry views this as a new opportunity, as the current retirement investment portfolios are primarily focused on stocks and bonds, limiting exposure to less liquid and complex products [4]. - The move is expected to attract both alternative and traditional asset management firms to the defined contribution market, which is seen as the next frontier for growth [4]. Group 3: Potential Benefits and Risks - Allowing private market products in 401(k) plans will provide savers with more investment options and the potential for greater returns, although it may also introduce higher risks and costs [6]. - The initiative aligns with Trump's broader strategy to support the cryptocurrency sector, which includes recent actions such as hosting a "Crypto Week" and signing federal stablecoin regulation [7]. - The argument presented by asset management firms is that the shrinking public market has led to retirement portfolios that do not reflect changes in the financial industry, with private equity assets having more than doubled over the past decade [7].