Financial Daily: Mixed performance in the three major US stock indices! Can the release of 400 million barrels of crude oil by the International Energy Agency calm the rise in oil prices?

- Focus

– The International Energy Agency plans to release 400 million barrels of oil to address rising oil prices

– The US initiates Section 301 investigations against 16 major trading partners

– China’s Ministry of Industry and Information Technology once again highlights OpenClaw risks

– Trump says the military action against Iran will end soon

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- Stock Market

[US Market] Mixed performance in the three major US stock indices

On Wednesday, the International Energy Agency announced a plan to release 400 million barrels of oil. Meanwhile, US President Trump stated that the military action against Iran would end soon. However, after falling earlier in the day, oil prices rebounded, indicating ongoing market concerns about energy supplies. This risk-averse sentiment was offset by in-line US CPI data, leaving the three major US stock indices basically flat compared to the previous trading day.

At the close, the S&P 500 Index fell 0.08% to 6,775.80 points; the Nasdaq Composite Index rose 0.08% to 22,716.135 points; the Dow Jones Industrial Average dropped 0.61% to 47,417.27 points. The VIX Volatility Index fell 2.81% to 24.23 points.

The US tech-heavy 'Magnificent Seven' index rose 0.26%, with Tesla climbing 2.15%, while Apple, Microsoft, and Amazon declined. The Nasdaq Golden Dragon China Index fell 0.77% to 7,167.45 points. Among popular Chinese stocks, Tencent fell approximately 4%, Nio dropped 3.6%, Meituan declined 2.4%, PDD Holdings slipped 1.8%, and JD.com gained 1.4%. In individual performances, Oracle surged over 9%, and Netflix fell 2.11%.

[European Market] Major European country indices fell on Wednesday

On Wednesday, major European country indices fell again following a rebound in the previous trading session. At the close, the pan-European STOXX 600 Index fell 0.59% to 602.54 points, while the pan-European STOXX 50 Index dropped 0.73% to 5,794.68 points.

Germany's DAX 30 Index closed down 1.37% at 23,640.03 points; France's CAC 40 Index closed down 0.19% at 8,041.81 points; the UK's FTSE 100 Index closed down 0.56% at 10,353.77 points.

[Asian Markets] Asian stocks opened higher and continued to rise, but gains narrowed by the closing bell.

Asian stocks opened higher and continued to rise, but gains narrowed by the closing bell. At the close, Japan's Nikkei 225 Index was up 1.43% at 55,025.37 points; Japan's TOPIX Index was up 0.94% at 3,698.85 points. South Korea's KOSPI Index rose 1.40% to close at 5,609.95 points.

[Hong Kong Market] Hong Kong's three major indices opened higher but reversed to close lower.

Hong Kong stocks opened higher on Wednesday but gradually declined, with the three major indices reversing from gains to close lower. At the close, the Hang Seng Index fell 0.24% to 25,898.76 points; the Hang Seng Tech Index dropped 0.11% to 5,054.85 points; and the Hang Seng China Enterprises Index edged down 0.07% to 8,704.52 points. Sector-wise, OpenClaw-related stocks retreated, with XunCe falling more than 8%, MiniMax and ZhiPu dropping over 6%. Auto stocks led gains in Hong Kong, with Nio surging over 14%, XPeng closing nearly 4% higher, and Li Auto and BYD also finishing in positive territory. The lithium battery sector was active, with CATL rising nearly 9%, and Zhongchuang New Port gaining over 8%.

[A-Share Market] A-share's three major indices all closed higher, with the ChiNext Index rising more than 1%.

A-share's three major indices all closed higher, with the ChiNext Index rising more than 1%. At the close, the Shanghai Composite Index gained 0.25% to 4,133.43 points; the Shenzhen Component Index rose 0.78% to 14,465.41 points; and the ChiNext Index climbed 1.31% to 3,349.53 points. The chemical sector performed strongly, with JinNiu Chemicals, ZhongYan Chemicals, and LianKe Technology among the stocks hitting the daily limit. Green energy concept stocks strengthened, with Green Power and Energy Saving Wind Power hitting the daily limit. The energy storage sector advanced, with Chint Power and Shouhang New Energy hitting the daily limit. Rare earth, minor metals, and semiconductor sectors were among the top decliners.

– Bonds

[US Bonds] US Treasury yields moved higher.

US Treasury yields moved higher on Wednesday. In late New York trading, the yield on the 10-year US Treasury note rose 5.25 basis points to 4.208%; the yield on the 2-year US Treasury note increased 4.6 basis points to 3.636%.

[Non-US Bond Markets] Yields on 10-year European government bonds rose significantly.

On Wednesday, the yield on 10-year European government bonds rose significantly. At the end of the European session, Germany's 10-year bond yield increased by 9.8 basis points to 2.934%; the UK's 10-year bond yield rose by 13.7 basis points to 4.690%; France’s 10-year bond yield increased by 12.1 basis points to 3.566%.

[China Bond Market] Treasury futures fell across the board on Wednesday.

Treasury futures fell across the board on Wednesday. By the close, the 30-year main contract fell by 0.19%, the 10-year main contract fell by 0.04%, the 5-year main contract fell by 0.03%, and the 2-year main contract fell by 0.01%.

– Foreign exchange

[US Dollar] The US dollar index trended upwards, with the ICE US dollar index rising by 0.43%.

The US dollar index trended upwards, with the ICE US dollar index moving back above 99 points. At the end of the New York session, the ICE US dollar index rose by 0.43% to 99.252 points; the Bloomberg US dollar index rose by 0.26% to 1,203.27 points.

[Non-US Currencies] The US dollar generally strengthened against most major currencies.

The US dollar generally rose against major world currencies, with the yen falling nearly 0.6%, while the Australian dollar continued its strong performance. At the end of the New York session, the US dollar rose 0.57% against the yen to 158.95 yen. The euro fell 0.35% against the US dollar, and the pound fell 0.05% against the US dollar. The Australian dollar rose 0.41% against the US dollar, and the US dollar rose 0.11% against the Canadian dollar.

[Renminbi] The US dollar was quoted at 6.8767 yuan against the offshore renminbi.

At the end of the New York session, the US dollar fell 23 points against the offshore renminbi compared to the previous trading day, quoted at 6.8767 yuan. The onshore renminbi rose 18 points against the US dollar from the previous trading day’s closing price, quoted at 6.8700 yuan.

[Cryptocurrency] Cryptocurrency market declines, Bitcoin hovers near $70,000.

The cryptocurrency market declined on Wednesday, with Bitcoin prices slightly falling by 0.08%, temporarily holding steady near $70,000, while Ethereum fell by 1.32%.

- Commodities

[Energy] Crude oil futures prices surged over 4%

Crude oil supply remains the main focus of the market currently, with oil prices rising on Wednesday. Near the close of US stocks, Brent crude oil futures rose approximately 4.8%, settling at $91.98 per barrel; US crude oil futures increased about 4.6%, settling at $87.25 per barrel.

[Precious Metals] Precious metals fell overall, with US gold futures dropping over 1%

Precious Metals:By the New York session close, spot gold prices fell 0.28%, to $5,176.92 per ounce; US gold futures dropped 1.09%, to $5,184.80 per ounce.

Metals Futures Market:Precious metals prices fell across the board. Spot silver prices declined 2.87%, to $85.7923 per ounce; US silver futures fell 4.09%, to $85.925 per ounce. US copper futures declined 0.74%, to $5.9080 per pound; spot platinum fell 1.46%, and spot palladium dropped 1.48%.

[Disclaimer]

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