The US Department of Labor announced that in the week ending May 8, the number of first-time applicants for unemployment benefits reached 473,000, a decrease of 34,000 from week to week. Market expectations were 490,000; the previous value was revised to 507,000. The number of unemployment benefits received by US leaders last week fell short of expectations. The market digested anxiety about rising inflation, and technology stocks rebounded, driving the three major US stock indices up more than 1%. At the close, the Dow closed up 433.79 points. On the market, financial stocks and photovoltaic concept stocks rose, while popular Chinese securities, silver stocks, and the NEV sectors fell. In terms of individual stocks, Game Station (GME.N) closed up 13.61%, AMC Cinema Line (AMC.N) closed up 23.59%, Bilibili (BILI.O) closed down 6.83%, Poshmark (POSH.O) closed down 21.81%, Coinbase (COIN.O) closed down 6.53%, and NIO Auto (NIO.N) closed down 7.30%.