Data reignites inflation concerns, US bonds fall, US stocks plunge, the first monthly decline in six months, Tesla drops more than 5%, Amazon jumps after earnings report, AMD and Micron plummet

The three major US stock indexes fell by at least 1%, with the S&P and Nasdaq experiencing their largest monthly declines in three months, and the Dow Jones marking its largest daily and monthly drop in 13 months and a year and a half, respectively. Tesla led the decline among tech giants. Following the financial reports, Lilly rose by 6%, Amazon briefly rose by 6% after hours, AMD fell by over 7% after hours, and the "demon stock" Super Micro (SMCI) fell by over 10% after hours. Chinese concept stocks fell by over 3%, ending a six-day winning streak, with Bilibili falling by over 5%, Li Auto falling by over 2%, and Nio rising by over 2%. Pan-European stock indexes saw their largest monthly decline in six months, with the UK stock market temporarily stepping away from historical highs, the automotive sector falling by over 4%, and Stellantis falling by 10% after its financial report. Following the release of labor cost data, the two-year US Treasury yield quickly rose above 5.0%, reaching a new high in over five months; the US dollar index hit a one-week high. The Japanese yen rebounded significantly the next day, falling by nearly 1% intraday and approaching 158. Offshore renminbi fell by over a hundred points intraday, breaking below 7.25. Bitcoin fell by over $5000 intraday, dropping below the $60,000 mark to hit a one-month low, with a drop of around 16% in April, marking the largest monthly decline in over a year since FTX's bankruptcy. US oil hit a one-month low again, ending a three-month winning streak, while Brent oil continued to rise for four months. Gold fell, with spot gold dropping by over 2% to a four-week low, still rising for the second consecutive month in April. LME copper fell by over 4% to a three-week low, with a cumulative rise of nearly 14% in April, while LME copper fell by over 1%, bidding farewell to its two-year high, rising by nearly 13% in April, and LME zinc surged by 20% in April. Updates pending