
US stocks fell more than 1%, the Dow plunged for two weeks, Morgan Stanley plummeted 6.5% after its financial report, Middle East risks intensified, crude oil and US bonds rebounded, and gold plunged 4% during the trading session

The three major US stock indexes fell by more than 1%, with the Dow posting its largest weekly decline since the collapse of Silicon Valley Bank. Among the "Seven Sisters" in the tech sector, only Apple saw gains, rising by over 4% for the week. JPMorgan Chase saw its largest drop in nearly four years. Chinese concept stocks fell by 4.6%, with XPeng dropping by nearly 10% and Nio by almost 8%. European stock indexes rebounded after two consecutive weeks of decline, with the oil and gas sector rising by 2.5% to a new high since 2008. The yield on the 10-year US Treasury bond fell by 10 basis points from its near five-month high on Thursday. The US dollar index hit a five-month high; the Japanese yen hit a new low for the third consecutive day since 1990; offshore renminbi fell by over 100 basis points to approach 7.27. Bitcoin briefly fell by over $6,000, dropping below $66,000. Crude oil rebounded but ended the week with an overall decline, with US oil rising by over 3% intraday to hit a new high in nearly six months, before giving back more than half of the gains. Gold hit intraday historical highs before turning lower, dropping by 4% from its peak. London copper rebounded to near two-year highs, with London tin rising by 12% for the week
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