Special contributor Guo Jiayao: The external market is fluctuating, short-term resistance for the overall market will be at the 24,000 point level.

Jingwu Finance | US stocks fell significantly on Thursday, as President Trump confirmed that tariffs would be implemented next week on Canada, Mexico, and China, dragging down market sentiment. Technology stocks were under notable pressure, and all three major indices closed with losses. The dollar showed a positive trend, with the yield on US ten-year Treasury notes rising to 4.26%. Gold prices decreased, while oil prices stabilized at a low level. Hong Kong's pre-market securities were generally steady, with little expected variation early in the market. The A-shares market in China improved yesterday, with the Shanghai Composite Index opening lower but ultimately gaining 0.2% by the close, and the trading volume in the Shanghai and Shenzhen markets reached 2 trillion yuan. The Hong Kong stock market went up then retreated yesterday, with the index briefly breaking through the 24,000-point level.

Jinwu Financial News19:07 ET

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