Key Takeaways From Pres. Trump's First Cabinet Meeting
Express News | Trump Says Proposed Tariffs on Mexico, Canada Will Go Into Effect March 4 as Scheduled
Express News | US Jan Durables Orders +3.1% (Consensus +2.0%)
U.S. stocks closed: Trump's chaotic remarks weighed on market sentiment but did not prevent Chinese concept stocks from surging.
1. Trump's chaotic tariff remarks impacted market sentiment, with the Nasdaq and S&P narrowly closing higher after fluctuations; 2. Chinese concept stocks returned to a strong upward trend, with the Nasdaq China Golden Dragon Index soaring by 3.66%; 3. NVIDIA released solid Earnings Reports, and the market reaction was moderate; 4. Short-selling Institutions attempted to join forces to launch a surprise attack on the AI application leader AppLovin.
Tariff shocks hit the market, US Treasury yields reach new highs this year, S&P almost sees five consecutive declines, NVIDIA rises sharply after earnings reports, Chinese companies make a strong push, Alibaba is up nearly 4%, and Bitcoin continues to plu
Super Micro Computer rose by 12%, leading the S&P; Apple fell nearly 3%, leading the Dow; AppLovin dropped 12%. The pan-European stock index reached a historical high. After Trump mentioned tariffs, the Mexican peso, Canadian dollar, and euro turned to rise briefly, setting a new daily high. Bitcoin fell by over $7,000 during the session, dropping below the 0.083 million threshold. Crude Oil Product continuously hit new lows for the year. Gold turned to rise after approaching a one-week low.
Hong Kong Stock Exchange (00388): The measures in the budget will further enhance Hong Kong's attractiveness to mainland and international issuers and investors.
The Hong Kong Stock Exchange will continue to work closely with the Hong Kong Securities and Futures Commission and partners to optimize market microstructures and listing mechanisms, expand and enrich its product ecosystem, and further enhance the attractiveness of the Hong Kong market to mainland and international issuers and investors.
