<div id="readability-page-1">A look at the day ahead in European and global markets from Stella Qiu Is the penny finally dropping for investors in stocks? The bond market has been sounding the alarm for weeks - runaway inflation means rate hikes are firmly back in play. The AI-fuelled rally looks like it's running out of road. Wall Street may have scaled fresh highs, helped along by a 4% pop in Nvidia as CEO Jensen Huang hitched a ride with Trump to Beijing, but it is a sea of red in Asia. Japan's Nikkei slid more than 1% after producer prices posted their biggest jump in three years, bolstering bets the Bank of Japan will hike in June. South Korea's KOSPI tumbled over 3%. Europe is staring down a roughly 1% drop at the open. And looming over everything is the Strait of Hormuz. Iran says about 30 ships are getting through, but that's still a trickle versus normal pre-war traffic. Trump, after talks with Beijing, is signalling impatience. Concerns are growing of the strait staying choked beyond June, draining global reserves and tipping the world into a full-blown energy crunch. Smart money in bond markets seems to be already bracing. Soft U.S. Treasury auctions this week were the warning shot, highlighting fading investor appetite just as inflation heats up. The latest 30-year sale cleared at 5% for the first time since 2007. Yields hit 5.061% on Friday, a 10-month high. Even the front end isn't safe, with the two-year pushing up to 4.055%, a one-year peak. With oil climbing and consumers still spending, markets are rapidly repricing the Federal Reserve's policy path. The odds of another rate hike this year have more than doubled in a week to 45%, even under Trump's pick to lead the Fed, Kevin Warsh. Put it all together, dialling it down might not be the worst idea for investors heading into the weekend. Key developments that could influence markets on Friday: -- Trump set to wrap up his state visit to China (Editing by Shri Navaratnam)</div>

超大盘股成长 ETF - Vanguard

全美价值股指数 ETF - Vanguard

北美科技软件股指数 ETF - iShares

投资者面临挑战，因为债券收益率飙升，预示着由于通货膨胀上升可能会加息。尽管华尔街出现上涨，但亚洲市场大幅下跌，日本日经指数下跌超过 1%，韩国 KOSPI 指数下跌超过 3%。霍尔木兹海峡的担忧以及美国国债拍卖疲软加剧了市场波动。今年再次加息的可能性显著增加，目前已达到 45%。投资者可能需要在进入周末之前重新考虑他们的策略

Morning Bid: Yield surge spoils the equity party

- 投资者对股票市场的警觉加剧，因通胀上升预示加息。  
- 日本生产者价格大幅上涨，增加了日本央行加息的预期。  
- 市场对美联储政策的预期急剧变化，加息可能性已升至 45%。

fidelity

核心标普美国增长 ETF - iShares

纳斯达克 100 指数 ETF - Invesco

标普软件与服务 ETF - SPDR

纳斯达克综合指数 ETF - Fidelity

纳斯达克 100 平均加权指数 ETF - First Trust

标普 500 ETF - SPDR

标普 500 ETF - iShares

纳指 100 ETF - Invesco

3 倍做多纳指 ETF - ProShares

韩国 MSCI ETF - iShares

半导体 ETF - VanEck Vectors

半导体 3 倍做多 - Direxion

标普 500 ETF - Vanguard

核心美国价值 ETF - iShares

全美成长股指数 MSCI ETF - Vanguard

道琼斯指数 ETF - SPDR

费城交易所 半导体 ETF - iShares

美国大盘成长股 ETF - Charles Schwab

超大盘股价值 ETF - Vanguard

英伟达

NVIDIA Corporation

早间简报：收益率飙升扰乱了股市的狂欢