Apple's sharp decline takes a breather, while the Nasdaq and S&P rebound. Tech stocks suffer a double blow in stocks and bonds for the week, while the US dollar continues its eight-week winning streak.

Nasdaq halted its four-day decline, while the S&P ended the week with a two-week consecutive gain. Apple fell nearly 6% this week, with chip stocks and Chinese concept stocks underperforming the market for several consecutive days. Nvidia dropped over 1% and fell more than 6% throughout the week, while Qualcomm declined 8%. Bilibili dropped over 5%, and Luckin Coffee fell more than 6%. However, the launch of the "Sauce Latte" boosted Bilibili's stock by over 7% in just one week. LVMH rose over 2%, supporting the end of the longest consecutive decline in European stocks in five years. ASML, a technology stock, fell over 1%. The two-year UK bond yield dropped by 11 basis points this week, while the US bond yield rose by 11 basis points during the same period. The US dollar index halted its three-day rally, falling from its six-month high but still achieving the longest consecutive weekly gain in nine years. Onshore RMB hit a new 15-year low, while offshore RMB breached the 7.36 level for the first time in ten months. Crude oil rebounded, with Brent crude hitting a near ten-month high for the fifth time in six days, and European natural gas rose over 10% during trading. Gold barely stopped its decline, hovering near a two-week low and experiencing its first weekly decline in three weeks. London nickel recorded its fifth consecutive decline, falling nearly 5% this week.