
On the day after a sharp decline, the US stock market rebounded. NVIDIA reached a new all-time high and surpassed Alphabet-C in market value. Chinese concept stocks outperformed the market for the second time this week, and Bitcoin surged to $52,000.

The Nasdaq rose more than 1%, and the Dow bid farewell to its low within the month. Among the seven major technology stocks, Apple was the only one to fall, while Nvidia rose nearly 2.5%, hitting a new historical high for the second day of the week. The "demon stock" in the AI concept, SMCI, rose 11%, hitting a new historical high for the eighth consecutive day. After the earnings report, Lyft rose 35%. Chinese concept stocks rose more than 3%, with Bitcoin mining giant Canaan Technology rising more than 20%, and Nio and XPeng rising more than 5%. JD.com and Bilibili rose more than 4%. UK CPI unexpectedly did not accelerate its growth, and the two-year UK bond yield fell more than 10 basis points. The two-year US bond yield fell more than 10 basis points from its high point in two months. After hitting a three-month high for three consecutive months, the US dollar index fell back; the yen temporarily bid farewell to its three-month low but failed to recover 150; the offshore renminbi hit a new low in nearly three months and then recovered to 7.23, rising more than 100 points at one point. Bitcoin rose more than $3,000 during the day, hitting a new high in over two years, and its market value exceeded $1 trillion for the first time in over two years. After rising more than 1% during the day, US oil turned down, ending its seven-day rally and falling from its two-week high; US natural gas hit a new low in over three years for the sixth consecutive day, falling nearly 6% during the day. Gold fell for the fifth consecutive day, hitting a two-month low. The FTSE ended its six-day winning streak, London copper fell, falling to a nearly three-month low, and London nickel rose for the third consecutive day to a two-week high.
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