Overseas Markets | Nasdaq Hits New High, South Korean Stock Market Soars

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The Nasdaq rose 1.03%, the S&P 500 rose 0.81%, the Dow Jones rose 0.73%, and the Golden Dragon Index rose slightly by 0.12%. Boosted by news of the US and Iran maintaining the ceasefire and falling oil prices, the S&P 500 and Nasdaq hit new all-time highs again, with market risk appetite recovering.
Chinese concept stocks were mixed, with GDS Holdings rising 4.48% and KE Holdings rising 3.84%. In early Asia-Pacific trading, South Korea's KOSPI surged over 5%, breaking through 7300 points to set a new record high. Japanese stocks were closed for a holiday. Spot gold in London broke through $4600 again.
The resilience of US corporate earnings supports new highs for the indices. However, in a high-interest-rate environment, we need to be wary of valuation pullback risks. Gold is subject to short-term fluctuations from geopolitical tensions, but its medium- to long-term allocation logic remains unchanged. It is recommended to pay attention to inflation data for guidance.

Related ETFs:
Global Tech Leaders: Nasdaq ETF Huaxia (513300)
US Core Broad Market: S&P 500 ETF Huaxia (159655)
Tracking Gold Price: Gold ETF Huaxia (518850)

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