<p>The latest employment data eases concerns about the US economy, with US stocks collectively rising by over 1.7%. NVIDIA surged by over 6%, while Tesla, Alibaba, Pinduoduo, and Tencent ADR all rose by over 3%. Positive news on weight loss drugs boosted Eli Lilly's stock by over 13% at one point, and Novo Nordisk's US stocks rose by nearly 8%. The 10-year US Treasury yield rose above 4%, while short-term bond yields rose by 10 basis points at one point. Oil prices rose for the third consecutive day, gold halted its five-day decline, and digital currencies surged</p>

- Initial jobless claims in the US fell below expectations to 233,000, easing concerns of an economic downturn. This led to increased investor confidence, with US stocks opening high, Nasdaq rising over 3%, and chip stocks up around 7%.
- However, continuing unemployment claims hit a near three-year high since November 2021, prompting JPMorgan to raise the US recession probability from 25% to 35%. The Federal Reserve Chair mentioned potential long-term worker shortage issues, while Trump advocated for presidential influence on Fed policies.
- US stock indices surged, with the S&P hitting a 21-month high, Nasdaq leading with a 2.87% increase, and the Philadelphia Semiconductor Index rising by 6.86%. Semiconductor stocks saw significant gains, with Nvidia leading at 6.13%.

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Novo Nordisk AS

Eli Lilly

S&P rose over 2%, the best in nearly two years, with the chip stock index up about 7%, the Nasdaq and Chinese concept stock index up 2.8%, and US Treasury yields against the Japanese yen falling for the third consecutive day