The U.S. 10-Year Treasury Notes Yield has maintained a decline of 2.6 basis points, remaining above 4.51% as "manufacturing activity in the USA expands at the fastest pace since 2022," with a daily low of 4.4943% reached at 10:53 AM Peking time. The two-year U.S. Treasury yield has currently risen about 5 basis points, stabilizing below 4.25%, oscillating at high levels since the "opening high" on Monday (February 3), with an intraday trading range of 4.2282%-4.2779%. Spot Gold has maintained a 1% increase, priced at $2826 per ounce, hitting a historic high of $2830.74 one minute before the release of the ISM manufacturing data (22:59). The S&P 500 Index fell by 106 points, a drop of 1.78%; the Dow Jones dropped by 609 points, a decrease of 1.38%; the Nasdaq dropped by 433 points, down 2.2%; the PHLX Semiconductor Index fell by 2.75%, the PHLX Bank Index dropped by 2.6%, and the Small Cap index declined by 2.4%; Tesla fell by 6.9%, and Apple decreased by 3.5%.