<p>The U.S. January non-farm payroll report was strong, leading to a delay in market interest rate cut expectations. The three major indices opened high but closed lower, while the AI disruption theory continued to ferment. Real estate service stocks experienced their largest single-day drop since the pandemic; precious metals rose, with spot gold up over 1% and spot silver up over 4%</p>

- The U.S. non-farm payroll report for January showed strong job growth, pushing back interest rate cut expectations from June to July, resulting in a decline in U.S. debt and slight drops in major stock indices.  
- Concerns over AI disruption affected tech and real estate sectors, with notable declines in software ETFs and real estate services stocks.  
- The Chinese government is pushing for advancements in AI, with January CPI rising 0.2% year-on-year and PPI declining 1.4% as it fosters a unified electricity market system by 2030.

Wallstreetcn

Breakfast | The U.S. January non-farm payroll report is strong, market interest rate cut expectations are pushed back, and the three major indices opened high and closed low