
Earnings report is impressive, technology stocks are strong, SPDR S&P 500 hits a new high again, Netflix rises more than 10%, AMD rises nearly 6%, and Chinese concept stocks outperform the market.

The SPDR S&P 500 hit a new high for four consecutive days, while the Nasdaq rose for five consecutive days; the Dow Jones fell for two consecutive days. After the earnings report, Netflix saw its largest increase in three months; chip stocks rose by over 1%, with Nvidia up over 2%, and AMD, Microsoft, Meta, and Alphabet-C all hitting new highs. Microsoft's market value once surpassed $3 trillion during trading hours. After the earnings report, Tesla fell over 5% after hours. European tech stocks rose nearly 5%, with ASML up nearly 10% after the earnings report, reaching a new high. Chinese concept stocks rose nearly 2%, with New Oriental up nearly 6% and BIDU-SW up over 3%. After the release of the US PMI, US bond yields rebounded, with the 10-year yield rising by 10 basis points, approaching a one-month high. The US dollar index fell from a six-week high; the day after the Bank of Japan's decision, the yen rebounded, rising over 1% during trading hours, while the Canadian dollar fell after the Bank of Canada meeting. The renminbi rose over 200 points, breaking through 7.15 for the first time in over two weeks during trading hours. Bitcoin bid farewell to its seven-week low and briefly rose above $40,000. Crude oil rebounded, approaching a four-week high, with Brent crude recovering $80; US natural gas rose nearly 8%. Gold fell. London copper and nickel rose for two consecutive days to a new high for the year.
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