美股盘后，Tesla closed up over 4%, initially dropping and then rising in Post-Market Trading after the earnings report; 3M surged over 8%, leading the Dow Jones. The China Concept Index rose by 3.7%, with PDD Holdings, NIO, and Xpeng all gaining over 4%. Following trade news, the yield on the 10-Year U.S. Treasury Notes hit a daily low, while the USD reached a daily high; the Swiss franc fell over 1% during trading. Bitcoin briefly surged nearly $5,000, surpassing the $0.091 million mark. Crude oil rebounded, approaching a two-week high, with U.S. oil rising over 3% at one point.
Hope for peace between Russia and Ukraine has increased, along with optimistic expectations for U.S. tariff trade negotiations, which drove U.S. stocks to rebound on Tuesday, with China Concept Stocks soaring. Trump claimed he does not plan to fire Powell, further easing market tensions, leading to a significant rise in U.S. stocks after hours. As risk aversion subsided, gold, the yen, and the Swiss franc retraced to varying degrees, while Bitcoin continued its Monday rally.
According toGlobal Timesreported that Putin hinted for the first time at a willingness to talk with Zelensky. In an interview on Monday, Putin stated that Russia has always held a positive attitude toward any peace proposals, hoping that representatives of the Kyiv regime can view the issue in the same manner. Additionally,it was reported thatU.S. Treasury Secretary Basant stated on April 22 at a closed-door investor meeting that the tariff impasse is unsustainable, and it is expected that the situation will ease in the near future.
Post-Market Trading,Trump stated., despite being dissatisfied with the Federal Reserve's failure to cut interest rates more swiftly, he has no intention of firing Federal Reserve Chairman Powell. Following Trump's remarks, the S&P 500 ETF rose 1% in Post-Market Trading, and Apple climbed more than 2%.
Global tensions have eased somewhat, leading to a rebound of the USD, which hit a daily high. U.S. stocks rebounded on Tuesday, with all three major indices rising over 2.5%. The Dow Jones Industrial Average surged, accumulating more than 1,000 points, and the S&P 500 Index and Nasdaq Composite Index reached their daily highs, with large tech stocks almost erasing losses from the previous day.
In Post-Market Trading, the 10-Year Treasury Notes Yield dropped to a daily low, while the 2-Year Yield rose to 3.82% due to weak auction demand. Gold fell sharply after breaking the $3,500 per ounce mark, retreating over 3% from its peak. The Swiss Franc dropped more than 1%, while Bitcoin and Crude Oil Product rose amid a preference for risk, with Bitcoin surging nearly 5% to above $0.09 million.
On Tuesday, U.S. stocks experienced a significant rebound, with all three major indices increasing by over 2.5%. 3M rose more than 8%, leading the Dow, while Tesla closed up over 4%, initially dropping then rising after the Earnings Reports. The Financial Industry Sector led the gains in the U.S. Industry ETF, and large tech stocks recovered their losses from the previous day. The China Concept Stocks Index rose by 3.7%, with PDD Holdings, NIO, and Xpeng moving up more than 4%.
The three major U.S. stock indices:
The S&P 500 Index closed up 129.56 points, a 2.51% increase, at 5,287.76 points.
The Dow Jones Industrial Average closed up 1,016.57 points, a 2.66% increase, at 39,186.98 points.
The Nasdaq closed up 429.52 points, a 2.71% increase, at 16,300.42 points. The NASDAQ 100 Index closed up 468.11 points, a 2.63% increase, at 18,276.41 points.
The E-mini Russell 2000 Index closed up 2.71%, at 1,890.28 points.
Industry ETF:
The Financial Industry ETF rose 3.31%, the Banks ETF increased by 3.25%, the Regional Banks ETF climbed by 3.21%, and the Consumer Discretionary ETF and Internet Stocks Index ETF each rose at least 3.1%.
The Biotechnology Index ETF rose 2.72%, the Energy Industry ETF increased by 2.55%, and the Technology Industry ETF, Global Technology Stocks Index ETF, Global Aviation Industry ETF, and Penghua Guozheng Semiconductor Chip ETF each rose at least 2.17%.
"Magnificent 7":
The Magnificent 7 Index of U.S. technology stocks rose 2.84%, closing at 133.54 points.
Tesla closed up 4.6%, Amazon rose 3.5%, Apple increased by 3.41%, Meta Platforms was up 3.22%, Google A rose 2.57%, Microsoft increased by 2.14%, and NVIDIA was up 2.04%.
Chip stocks:
The PHLX Semiconductor Index closed up 2.14% at 3832.05 points.
Taiwan Semiconductor ADR rose by 2.39%, and AMD increased by 0.82%.
AI concept stocks:
Applovin closed up 4.2%. Tempus AI increased by 5.49%.
China Concept Index surged:
The Nasdaq Golden Dragon China Index closed up 3.69% at 6736.37 points.
Popular China Concept Stocks ZAI LAB rose by 9.49%, Canadian Solar increased by 7.79%, YUM CHINA grew by 7.39%, Qifu Technology went up by 6.88%, ZEEKR climbed by 6.42%, Alibaba rose by 5.2%, and Tencent Music increased by 4.34%.
Other key individual stocks include:
Berkshire Hathaway's Class B stock, under Buffett, rose by 2.74%.
The 'Trump Tariff Losers' Index rose by 3.52%, closing at 79.45 points. Components include 3M, which rose by 8.12%, Wayfair, which rose by 6.32%, Five Below, which rose by 4.98%, Coach, which rose by 2.75%, and Gap, which rose by 2.1%.
Eli Lilly and Co rose by 1.16%.
Wall Street investment banks believe that the European Central Bank's policy stance will turn dovish, expecting further interest rate cuts to address the downside risks of economic growth and inflation. The Danish stock index closed down over 4.3%, while the indices of Germany, France, Italy, and the UK rose by up to 0.6%, with the Eurozone blue-chip index closing up over 0.5%.
Pan-European European Stocks:
The European STOXX 600 index closed up by 0.25%, at 507.71 points.
The Eurozone STOXX 50 index closed up by 0.53%, at 4961.45 points.
National Indices:
The German DAX 30 Index rose by 0.41%, closing at 21,293.53 points.
The France CAC 40 Index rose by 0.56%, closing at 7,326.47 points.
The UK FTSE 100 Index rose by 0.64%, closing at 8,328.60 points, while the FTSE 250 Index fell by 0.06% and the FTSE 350 Index rose by 0.56%.
Sectors and individual stocks:
In terms of sectors, the STOXX 600 Personal & Household Goods Index increased by 1.75%, the Basic Resources Index rose by 1.18%, the Autos & Parts Index increased by 0.74%, and the Banks Index rose by 0.73%.
Among the eurozone blue chips, L'Oréal rose by 6.3%, Kering Group increased by 3.31%, and Volkswagen AG rose by 3.19%, ranking third.
In the 2-year U.S. Treasury auction, overseas demand hit a record low since the Silicon Valley Bank crisis, with the 2-year U.S. Treasury yield rising by 5 basis points. Eurozone Italian sovereign bond yields fell by about 4 basis points, the 2-year UK bond yield fell by over 9 basis points, while the medium and long-term UK bond yields rose by over 2 basis points.
US Treasury:
At the New York close, the U.S. 10-year Treasury yield fell by 1.96 basis points to 4.3910%.
The 2-year U.S. Treasury yield rose by 5.04 basis points to 3.8106%.
European bonds:
At the European market close, the German 10-year Treasury yield fell by 2.8 basis points to 2.443%, trading between 2.480% and 2.435% during the day, showing an overall downward trend.
The 2-year German Treasury yield fell by 2.4 basis points to 1.661%; the 30-year German Treasury yield fell by 3.8 basis points to 2.859%.
The UK 10-year Treasury yield fell by 2.7 basis points to 4.539%. The French 10-year Treasury yield fell by 2.7 basis points to 3.213%.
The sovereign bond yields of Italy, Spain, and Greece all fell by more than 3.5 basis points.
Former U.S. President Trump claimed that although Federal Reserve Chairman Powell’s failure to cut interest rates more aggressively has frustrated him, he has no plans to dismiss Powell. In post-market trading, the USD rose significantly, with major currencies depreciating to varying degrees, and the yen and Swiss franc leading the declines.
USD:
In late trading in New York, the ICE USD Index rose by 0.65%, reporting 98.911 points.
The Bloomberg USD Index increased by 0.41%, reporting 1221.10 points, with an intraday trading range of 1213.02-1221.20 points.
Non-USD currencies:
In late trading in New York, the euro fell by 0.75% against the dollar, reporting 1.1420.
The British Pound fell by 0.35% against the dollar, reporting 1.3332.
The USD/CHF rose by 1.25%, reported at 0.81896.
Yen:
At the end of trading in New York, the USD/JPY rose by 0.63%, reported at 141.57 yen.
Offshore Renminbi:
At the end of trading in New York, the offshore RMB/USD was reported at 7.3122 yuan, down 188 points from Monday's New York close, with intraday trading overall in a Range of 7.2923-7.3212 yuan.
Cryptos:
At the end of trading in New York, spot Bitcoin surged by 4.55%, reported at 91412.
Last week, U.S. API crude oil inventory decreased by over 4.5 million barrels, and additionally, the U.S. Treasury announced sanctions against Iran's liquefied petroleum gas giant. Oil prices rebounded on Tuesday, but after Trump's speech, Brent crude fell by $1.02/barrel within 5 minutes, reported at $66.74/barrel.
Crude Oil:
In New York's late trading, WTI May Crude Oil Futures rose by $1.23, an increase of nearly 1.95%, closing at $64.31 per barrel.
Brent June Crude Oil Futures closed at $67.44 per barrel.
Natural Gas:
In New York's late trading, NYMEX May Natural Gas Futures fell by about 0.30%, settling at $3.0070 per million British thermal units.
Gold prices fell by 1% as investors took profits after surging past $3,500 to set a historical high. The USD rebounded strongly in Post-Market Trading, causing gold to drop significantly, falling to $3,332 per ounce at the time of writing.
Gold:
In New York's late trading, spot gold fell by 1.25%, closing at $3,381.26 per ounce.
COMEX Gold Futures fell 1.06%, settling at $3389.00 per ounce.
Silver:
At the New York close, spot Silver dropped 0.72%, settling at $32.429 per ounce.
Copper:
At the New York close, COMEX Copper Futures rose 2.37%, settling at $4.8235 per pound.
Editor/jayden
