统计显示，博时标普500ETF(513500)今日成交额3.38亿元，较上一交易日增加9993.53万元，环比增幅为 41.99%。 注：本文系新闻报道，不构成投资建议 ...

统计显示，博时标普500ETF(513500)今日成交额6.79亿元，较上一交易日增加2.77亿元，环比增幅为 68.95%。 注：本文系新闻报道，不构成投资建议 ...

统计显示，博时标普500ETF(513500)今日成交额4.81亿元，较上一交易日增加2.53亿元，环比增幅为 111.39%。 注：本文系新闻报道，不构成投资建议 ...

宏观经济方面，美国7月通胀未超预期。美国2025年7月CPI同比2.7%，前值2.7%，预期2.8%；核心CPI 同比3.1%，前值2.9%，预期3%；CPI环比0.2%，前值0.3%，预期0.2%；核心CPI环比0.3%，前值 0.2%，预期0.3%。分项来看，中东局势缓和预期叠加美国基本面回落带动油价下行，但机票价格大 涨、健康保险、医疗服务通胀升温对CPI形成强支撑。 美国7月PPI数据超预期大幅上升，或显示生产端承担部分关税成本。美国7月PPI同比3.3%，高于预期值 2.2%和前值2.3%；核心PPI同比3.7%，高于预期值3%和前值2.6%。美国7月PPI环比0.9%，高于预期值 0.2%和前值0%；核心PPI环比0.9%，高于预期值0.2%和前值0%。 前值上修后，美国7月零售销售仍维持韧性。美国7月零售销售环比录得0.5%，低于预期0.6%和前值 0.9%（由0.6%上修）；零售销售（除汽车）环比录得0.3%，与预期持平，但低于前值0.8%（由0.5%上 修）；零售销售（除汽车与汽油）录得0.2%，低于预期值0.3%和前值0.8%（由0.6%上修）。 根据美国密歇根大学统计，美国8月消费者信心 ...

统计显示，博时标普500ETF(513500)今日成交额3.21亿元，较上一交易日增加1.17亿元，环比增幅为 57.54%。 注：本文系新闻报道，不构成投资建议 ...

注：本文系新闻报道，不构成投资建议 统计显示，博时标普500ETF(513500)今日成交额3.22亿元，较上一交易日增加1.07亿元，环比增幅为 49.85%。 ...

注：本文系新闻报道，不构成投资建议 统计显示，博时标普500ETF(513500)今日成交额3.17亿元，较上一交易日增加1.05亿元，环比增幅为 49.48%。 ...

Group 1: Macroeconomic Overview - In May 2025, the U.S. non-farm employment increased by 139,000, exceeding expectations of 126,000, but the previous value was revised down to 147,000, indicating potential overstatement of labor market resilience [1] - The labor force participation rate unexpectedly declined by 0.2 percentage points to 62.4%, while the unemployment rate remained at 4.2% [1] - Year-on-year wage growth remained at 3.8%, with a month-on-month increase of 0.2 percentage points to 0.4% [1] - The ISM manufacturing index for May recorded 48.5, below the expected 49.2 and previous 48.7, indicating continued contraction in the manufacturing sector [1] Group 2: Service Sector and Economic Indicators - The ISM non-manufacturing index for May fell to 49.9, below the expected 52 and previous 51.6, marking the first contraction in service sector activity in nearly a year due to weakening demand [2] - The increase in payment prices accelerated as the impact of tariff policies on the economy became more pronounced [2] Group 3: Market Performance - For the week of June 2-6, the S&P Oil & Gas Index rose by 3.10%, the Nasdaq 100 Index increased by 1.97%, and the S&P 500 Index gained 1.50%, with 8 out of 11 sectors showing gains [2][3] - The communication equipment sector led the gains with an increase of 3.19%, while the consumer staples sector saw a decline of 1.57% [3] Group 4: Future Economic Outlook - The CPI for May is expected to gradually rebound from April, with inflation likely to rise due to price disturbances from tariffs and base effects [4] - Ongoing discussions between U.S. and Chinese officials aim to address trade disputes, which may influence market sentiment and economic conditions [2]

Macroeconomic Overview - The US GDP growth rate for Q1 2025 is -0.3%, below the expected -0.2% and significantly lower than the previous quarter's 2.5% [1] - Consumer spending, inventory changes, and fixed investment contributed positively to GDP growth, while government spending and net exports were negative factors [1] - Consumer prices increased while consumption volume decreased, with durable goods consumption affected by the seasonal decline in automotive sales, although service consumption remained resilient [1] - Residential investment growth rate declined year-on-year, while investment in computer equipment surged, boosting overall private fixed investment [1] - Wholesale inventory levels increased significantly, including upstream resources like oil and consumer goods such as furniture and clothing [1] - Trade deficit widened significantly due to increased imports of precious metals and chemicals, while mechanical and electronic imports also rose [1] Employment Data - The US added 177,000 jobs in April, exceeding the expected 138,000 [1] - The education and healthcare sectors showed the largest job growth, while transportation and warehousing sectors experienced increased demand due to trade policy uncertainties [1] - The labor participation rate increased, which may exert upward pressure on the unemployment rate, but the unemployment rate remained stable at 4.2% [1] Consumer Income and Spending - In March, US personal disposable income growth rate fell by 0.1 percentage points to 4.1%, while personal consumption expenditure growth rate also decreased by 0.1 percentage points to 5.6% [2] - The PCE price index year-on-year growth rate fell by 0.4 percentage points to 2.3%, and the core PCE growth rate decreased by 0.3 percentage points to 2.7% [2] Market Performance - For the week of April 28 to May 2, the S&P Oil & Gas Index rose by 1.39%, the Nasdaq 100 Index increased by 3.45%, and the S&P 500 Index grew by 2.92% [3] - Out of the 11 sectors covered by the S&P 500, 10 sectors saw gains, with the industrial sector leading at 4.32%, while the energy sector declined by 0.65% [3] Investment Direction - US stocks continued to rebound, with expectations around Trump's tariff policies impacting economic growth [5] - Stronger-than-expected non-farm payroll data indicates resilience in the US economy, alongside signs of easing in US-China trade tensions [5] - As of now, 71% of S&P 500 companies have reported Q1 earnings, with 69% exceeding expectations, slightly below the previous quarters' average of 75% [5] - Market expectations for interest rate cuts have decreased, with the probability of a May rate cut falling to 2% and potential cuts starting in July [5]

Macroeconomic Overview - The preliminary Markit PMI for April in the US indicates a slowdown in economic expansion, with a composite PMI of 51.2%, below the expected 52.0% and previous 53.5% [1] - The preliminary services PMI for April is 51.4%, lower than the expected 52.6% and previous 54.4% [1] - The preliminary manufacturing PMI for April is 50.7%, exceeding the expected 49.0% and previous 50.2% [1] - Durable goods orders in March saw a significant month-on-month increase of 9.2%, far surpassing the expected 2% and previous 0.9% [1] - Excluding defense capital goods orders, durable goods orders increased only by 0.1% [1] - New home sales in March rose by 7.4%, significantly above the expected 1.3% and previous 3.1%, totaling 724,000 units [1] - Existing home sales, however, fell by 5.9% year-on-year, below the expected -2.6% and previous 4.4%, with a total of 4.02 million units [1] Major Index Performance - The S&P Oil & Gas Index increased by 1.26% over the week [2][3] - The Nasdaq 100 Index surged by 6.43% during the same period [2][3] - The S&P 500 Index rose by 4.59%, with 10 out of 11 sectors showing gains, led by Information Technology at 7.93% [2][3] Market Sentiment and Trends - The US stock market experienced a rebound last week, with a decline in gold prices [2] - President Trump indicated he would not dismiss the Federal Reserve Chairman, and there are signs of easing in US-China trade tensions [2] - The VIX fear index temporarily fell to 25, reflecting reduced market anxiety [2] - Market expectations for interest rate cuts have slightly decreased, with a 10% probability of a cut in May and an expected 3.50 cuts in 2025 [2]