Stagflation threat and the Fed's hawkish stance suppress US stocks, Nasdaq falls back, Dow continues its eighth consecutive rise, ZEEKR makes a strong debut with a 35% surge, gold surges throughout the week

S&P turned down multiple times in the short term, while Dow rose over 2% this week, marking the largest weekly gain in nearly five months. Tesla fell by 2% for the fourth consecutive decline, NVIDIA rebounded by over 1% after three consecutive declines, TSMC's US stocks, which saw a sharp increase in sales in April, rose by 4.5%; AI concept stock SoundHound rose by over 7% after its financial report; Novavax almost doubled; the first nuclear fusion stock Oklo fell by nearly 54% on its first day of listing. Chinese concept stocks retreated, with JinkoSolar falling by over 9%, XPeng by over 5%, Nio by nearly 5%, and ZEEKR once rising by nearly 40% intraday. European stock indices rose by 3% this week, marking the largest increase in three months, with German, French, and British stocks hitting historic highs, and Infineon's financial report leading to a 20% cumulative increase for the week. After speeches by Federal Reserve officials, US bond yields accelerated, with the two-year yield hitting a new weekly high. Following the release of inflation expectations, the US dollar index jumped intraday. Offshore renminbi fell below 7.23 intraday, dropping by over a hundred points to a one-week low. Bitcoin fell by over $3,000 intraday, breaking below the $60,300 mark. Crude oil fell by over 2% intraday, moving away from this month's high, while US oil continued to rebound throughout the week. Gold hit a three-week high, rising by nearly 3% this week for the largest weekly gain in a month. London copper rose by 1% to surpass $10,000, while London tin fell by 1.5%, but still rebounded throughout the week