截至发稿，携程跌近16%，78.8亿美元（约合人民币550亿元）市值蒸发，目前总市值416亿美元。消息面上，市场监管总局对其涉嫌滥用市场支配地位实 施垄断行为立案调查。 1月14日晚，美股三大股指低开低走，截至发稿，道指跌0.5%，纳指跌1.2%，标普500指数跌0.82%。 美股科技七巨头全线走弱，英伟达跌超2%，特斯拉、脸书、亚马逊均跌超1.5%。 中概股多数上涨，纳斯达克中国金龙指数涨0.31%。截至发稿，哔哩哔哩涨近5%，小马智行、亿航智能涨超3%，阿里巴巴涨2.9%。 1月14日晚，白银再度大涨。盘中现货白银（伦敦银现）史上首次站上92美元/盎司大关，最高触及92.2美元/盎司，截至发稿，日内涨5.45%，年内涨幅突 破28%。 国际原油小幅拉升，WTI原油、布油均涨近1%。 消息面上，据央视新闻报道，1月14日，美国联邦最高法院未就特朗普政府关税政策的合法性作出裁决，相关案件仍未有最终判定。 特朗普政府2025年上台后援引美国《国际紧急经济权力法》，以不经过国会批准、直接颁布行政令的方式出台一系列加征关税措施，在美国国内引发一系 列法律诉讼。 在美国联邦巡回上诉法院和美国国际贸易法院分别裁定特朗普 ...

Market Overview - US stock indices opened lower, with the Dow Jones down 0.5%, Nasdaq down 1.2%, and S&P 500 down 0.82% [1] - Major tech stocks, including Nvidia, Tesla, Facebook, and Amazon, all experienced declines, with Nvidia dropping over 2% and Tesla, Facebook, and Amazon each falling more than 1.5% [3] Tech Sector Performance - The Nasdaq China Golden Dragon Index rose by 0.31%, with notable gains from Bilibili (up nearly 5%), Pony.ai and EHang (both up over 3%), and Alibaba (up 2.9%) [4][5] - The overall performance of the US tech giants was negative, as reflected in the decline of the MAGS index by 1.45% [4] Ctrip's Market Reaction - Ctrip's stock fell nearly 16%, resulting in a market capitalization loss of approximately $7.88 billion (around 55 billion RMB), bringing its total market value to $41.6 billion [5][6] - The decline was attributed to an investigation by the market regulatory authority into alleged monopolistic practices [5] Precious Metals Market - Silver prices surged, reaching an all-time high of $92.2 per ounce, with a daily increase of 5.45% and a year-to-date gain exceeding 28% [6][9] - Gold prices also hit a historical peak at $4641.853 per ounce, with a slight increase of 0.39% [8] - Citigroup raised its three-month price target for gold to $5000 per ounce and for silver to $100 per ounce, citing geopolitical risks and physical market shortages as key factors [9] Energy Sector Update - International crude oil prices saw a slight increase, with WTI and Brent crude both rising nearly 1% [10][11] - The US Supreme Court has not yet ruled on the legality of the Trump administration's tariff policies, which could impact market dynamics [11][12]

周三油价涨势暂歇，在连续四日上涨后小幅回落。委内瑞拉恢复原油出口缓解了部分供应压力，但伊朗 爆发的社会动荡引发市场对该国供应中断的担忧。美国总统特朗普周二呼吁伊朗民众持续抗议，并声称 援助即将到位，但未说明具体援助形式。花旗 银行分析师在报告中指出："伊朗抗议活动可能通过短期 供应损失，尤其是通过推高地缘政治风险溢价来收紧全球 石油平衡。"该行已将未来三个月布油价格预 期上调至每桶70美元。花旗分析师表示，目前抗议活动尚未蔓延至伊朗主要产油区，这限制了对实际供 应的影响。"当前风险主要偏向政治与 物流摩擦而非直接供应中断，使得对伊朗原油供应及出口流量的 影响相对可控。" ...

大宗商品普涨。 北京时间1月13日晚间，大宗商品市场普涨，现货黄金、白银价格均刷新历史纪录，同时，美油、布油 也大幅走高。 具体来看，现货黄金盘中一度涨至4634.58美元/盎司，现货白银更是大涨超4%，一度突破89美元/盎司 关口。此外，COMEX白银盘中亦创新高，最高至89.215美元/盎司。 消息面上，当地时间1月13日，美国劳工统计局公布的数据显示，2025年12月美国消费者价格指数 （CPI）同比上涨2.7%，与前月涨幅持平，但高于市场预期。剔除波动较大的食品和能源价格后，2025 年12月核心CPI环比增长0.2%，经季节性调整前同比增长2.6%。 数据公布后，交易员们加大了对"美联储较早降息"的押注。最新数据预测显示，美联储4月降息的概率 约为42%，高于CPI数据发布前的38%。 不过，市场分析总体认为，CPI数据给华尔街带来了利好消息，但尚不足以促使美联储很快降息。有"美 联储传声筒"之称的Nick Timiraos表示，12月CPI不太可能改变美联储当前的观望态度，因为官员们很可 能希望在降息前看到更多证据，证明通胀正在企稳并逐步下降。摩根士丹利财富管理首席经济策略师 Ellen Zent ...

大宗商品普涨。 北京时间1月13日晚间，大宗商品市场普涨，现货黄金、白银价格均刷新历史纪录，同时，美油、布油 也大幅走高。 具体来看，现货黄金盘中一度涨至4634.58美元/盎司，现货白银更是大涨超4%，一度突破89美元/盎司 关口。此外，COMEX白银盘中亦创新高，最高至89.215美元/盎司。 数据公布后，交易员们加大了对"美联储较早降息"的押注。最新数据预测显示，美联储4月降息的概率 约为42%，高于CPI数据发布前的38%。 不过，市场分析总体认为，CPI数据给华尔街带来了利好消息，但尚不足以促使美联储很快降息。有"美 联储传声筒"之称的Nick Timiraos表示，12月CPI不太可能改变美联储当前的观望态度，因为官员们很可 能希望在降息前看到更多证据，证明通胀正在企稳并逐步下降。摩根士丹利财富管理首席经济策略师 Ellen Zentner认为，通胀并未升温但仍高于目标，并不足以支持美联储1月降息。 国际油价亦大幅上行，美油盘中一度涨超3%，截至发稿，美油、布油均涨超2%。 消息面上，美国总统特朗普12日下午在社交媒体发文称，任何与伊朗有商业往来的国家在与美国进行任 何商业往来时将被加征25%的关 ...

大宗商品普涨。 北京时间1月13日晚间，大宗商品市场普涨，现货黄金、白银价格均刷新历史纪录，同时，美 油、布油也大幅走高。 具体来看，现货黄金盘中一度涨至4634.58美元/盎司，现货白银更是大涨超4%，一度突破89美元/ 盎司关口。此外，COMEX白银盘中亦创新高，最高至89.215美元/盎司。 消息面上，美国总统特朗普12日下午在社交媒体发文称，任何与伊朗有商业往来的国家在与美国 进行任何商业往来时将被加征25%的关税。特朗普称，这是"最终"决定并"立即生效"。 综合自：行情信息、新华社、央视新闻 责编：万健祎 校对： 祝甜婷 版权声明 消息面上，当地时间1月13日，美国劳工统计局公布的数据显示，2025年12月美国消费者价格指 数（CPI）同比上涨2.7%，与前月涨幅持平，但高于市场预期。剔除波动较大的食品和能源价格 后，2025年12月核心CPI环比增长0.2%，经季节性调整前同比增长2.6%。 数据公布后，交易员们加大了对"美联储较早降息"的押注。最新数据预测显示，美联储4月降息 的概率约为42%，高于CPI数据发布前的38%。 不过，市场分析总体认为，CPI数据给华尔街带来了利好消息，但尚不足以促 ...

（文章来源：每日经济新闻） 每经AI快讯，1月13日，美油、布油短线拉升。WTI原油涨1.59%，报60.261美元/桶；布伦特原油涨 1.60%，报64.891美元/桶。 ...

Metal Market - Domestic base metals experienced a general decline, with only Shanghai aluminum rising by 1.42%. Shanghai nickel led the decline with a drop of 2.67%, while other metals fell by less than 1% [1] - In the external market, base metals collectively rose, with London tin increasing by 1.84%, nickel by 1.72%, copper by 1.17%, and aluminum by 1.16% [1] - Precious metals saw COMEX gold rising by 0.53% and silver by 2.69%, while domestic gold increased by 0.68% and silver fell by 0.9% [1] Black Metals - The black metal sector showed mixed results, with stainless steel rising by 0.25%, while rebar and hot-rolled coil both fell by over 1%, with rebar down 1.1% and hot-rolled coil down 1.02% [1] - In the coking coal sector, coking coal fell by 0.71% and coking coke dropped by 1.83% [1] Macro Indicators - The National Bureau of Statistics reported that the Consumer Price Index (CPI) rose by 0.8% year-on-year in December 2025, with food prices increasing by 1.1% and non-food prices by 0.8% [5] - The Producer Price Index (PPI) showed a year-on-year decline of 1.9%, with a month-on-month increase of 0.2% [5] Renewable Energy - The Ministry of Industry and Information Technology announced guidelines for industrial green microgrid construction, mandating that newly built renewable energy generation facilities should have a self-consumption ratio of at least 60% [6][7] E-commerce Logistics - The China Logistics and Purchasing Federation reported that the e-commerce logistics index for December 2025 was 113.6 points, reflecting a 0.5-point increase from the previous month [8] - The increase in the index was driven by improvements in supply-side metrics, while demand remained stable [8] Real Estate Financing - Recent policy guidance allows for the extension of loans for projects on the "white list" of the real estate financing coordination mechanism for up to five years, a significant increase from the previous maximum of two and a half years [9] Currency and Oil Market - The US dollar index rose by 0.15% to 99.01, amid concerns over labor demand and upcoming economic data releases [11] - Oil prices increased, with WTI rising by 0.93% and Brent by 0.97%, driven by geopolitical concerns regarding supply disruptions [12]

Market Overview - The U.S. stock market opened lower on January 8, with the Dow Jones up 0.34%, S&P 500 up 0.01%, and Nasdaq down 0.51% [2] - Major tech stocks mostly declined, with Nvidia and Intel dropping over 2%, and Apple and Facebook down over 1% [4] - Defense stocks surged, with Northrop Grumman rising over 9% and Lockheed Martin up over 7%, following President Trump's proposal to increase U.S. military spending from $1 trillion to $1.5 trillion for fiscal year 2027 [4] Chinese Stocks - The Nasdaq Golden Dragon China Index saw a short-term rise of over 1.14%, with notable gains from Huya (up over 22%), Bilibili (up over 7%), and Alibaba (up over 4%) [5] - However, Canadian Solar fell over 8%, and Dingdong Maicai dropped over 4% [5] Commodity Prices - Silver prices fell significantly, with spot silver down over 5% and COMEX silver down over 4% [5] - The gold-silver ratio has dropped below 60, currently around 59, with the ratio hitting a ten-year low of 57.22 on January 6 [5] Oil Prices - International oil prices increased, with Brent crude rising nearly 2% to $61 per barrel and WTI crude up 1.95% to $57 per barrel [7] Cryptocurrency Market - Major cryptocurrencies experienced a collective decline, with Bitcoin dropping over 2% to below $90,000 [7][8] - Other cryptocurrencies also saw significant losses, including Ethereum down 3.81% and XRP down 6.66% [8] Employment Data - The number of initial jobless claims in the U.S. was recorded at 208,000, slightly below the forecast of 212,000, with the previous value revised to 200,000 [9] - Federal Reserve Governor Milan indicated a potential interest rate cut of about 150 basis points by 2026, which could create approximately one million jobs without triggering inflation [9] Federal Reserve Outlook - Market expectations suggest the Federal Reserve may enter a rate-cutting cycle, with predictions varying from one to two rate cuts this year [10] - The overall sentiment among Fed officials is cautious, with a focus on balancing employment and inflation data [9][10]

Market Overview - The U.S. stock market opened lower on January 8, with the Dow Jones up 0.34%, S&P 500 up 0.01%, and Nasdaq down 0.51% [1] - Major tech stocks mostly declined, with Nvidia and Intel dropping over 2%, and Apple and Facebook down over 1% [3] - Military stocks surged, with Northrop Grumman rising over 9% and Lockheed Martin up over 7%, following President Trump's proposal to increase U.S. military spending from $1 trillion to $1.5 trillion for FY2027 [3] Commodity Market - Silver prices fell significantly, with spot silver down over 5% and COMEX silver down over 4%. The gold-silver ratio has dropped below 60, currently around 59, marking a ten-year low [3] - International oil prices saw an increase, with Brent crude rising nearly 2% to $61 per barrel and WTI crude up 1.95% to $57 per barrel [3] Employment and Economic Indicators - The number of initial jobless claims in the U.S. was recorded at 208,000, slightly below the forecast of 212,000, with the previous value revised from 199,000 to 200,000 [4] - Analysts expect the Federal Reserve to potentially lower interest rates by about 150 basis points by 2026, with a focus on balancing employment and inflation [4] Federal Reserve Outlook - Various institutions have differing views on the Fed's interest rate decisions for the year, with JPMorgan and UBS predicting only one rate cut, while Goldman Sachs and Wells Fargo expect two cuts. Some banks believe there will be no cuts at all [5]