Global News | The three major U.S. stock indices rose over 1%, with the Dow Jones Industrial Average surpassing 50,000 points for the first time

【U.S. Stock Indices】

On February 6th, Friday, U.S. major stock indices all rose over 1%, with the S&P 500 up 1.97% at 6,932.30 points; the Dow Jones up 2.47% at 50,115.67 points; and the Nasdaq up 2.18% at 23,031.21 points.

【U.S. Bonds】

On February 6th, the benchmark 10-year U.S. Treasury yield was 4.22%, and the 2-year Treasury yield, most sensitive to Federal Reserve policy rates, was 3.50%.

【Popular U.S. Stocks】

Among popular stocks, Nvidia rose 7.87%, Apple increased 0.80%, Google C fell 2.48%, Google A dropped 2.53%, Microsoft gained 1.90%, Amazon declined 5.56%, TSMC rose 5.47%, Meta fell 1.31%, Tesla increased 3.50%, Everbright Semiconductor rose 8.28%, and Intel gained 4.87%.

【Global Indices】

【Chinese Indices】

On February 5th, overnight Hang Seng Tech Index futures rose 0.76%, Nasdaq China Golden Dragon Index increased 0.90%, and FTSE China A50 Index fell 0.08%.

【Chinese Concept Stocks】

In popular Chinese concept stocks, Tencent Holdings (HK) fell 1.97%, Alibaba rose 3.00%, Pinduoduo increased 3.66%, NetEase gained 2.18%, Baidu rose 5.02%, Ctrip increased 3.58%, Li Auto rose 6.63%, Xpeng Motors gained 4.86%, and NIO increased 7.23%.

【Forex and Commodities】

【Global News】

U.S. White House Economic Advisor expects U.S. GDP growth to slightly slow from 5% to 4.5% in 2025

U.S. White House Economic Advisor Hassett said he expects U.S. GDP growth to slow slightly from 5% to 4.5% in 2025, with this year’s growth projected to exceed 3%. (Cailian Press)

Federal Reserve Daly: Open to interest rate adjustments, leaning towards further cuts in 2026

Federal Reserve’s Daly stated she is “very open” on interest rate issues and leans toward further rate cuts in 2026, but it’s hard to say whether it will be one or two cuts. (Cailian Press)

Latest U.S. stock holdings by Jinglin: Google rises to largest holding, Nvidia reduced at high levels

Jinglin Asset’s latest 13F filing with the SEC shows that as of the end of Q4 last year, U.S. stock holdings reached $4.04 billion, with Alphabet (Google) becoming the largest holding. During the last quarter, Jinglin cut over 60% of its Nvidia holdings. After reaching a new high in early November, the chip giant entered a correction due to market concerns over AI industry funding cycles, and has been sideways for months. Jinglin also reduced nearly 20% of Meta in Q4, causing it to drop to the second-largest holding. (Cailian Press)

Apple plans to allow external voice-controlled AI chatbots to connect to CarPlay

Apple plans to enable external voice-controlled AI chatbots to connect to the CarPlay system. (Cailian Press)

Dow Jones Industrial Average first surpasses 50,000 points

The Dow Jones Industrial Average has broken through the 50,000-point mark for the first time.

Federal Reserve’s overnight reverse repurchase agreement (RRP) scale was $3.111 billion on Friday

The Fed’s overnight RRP usage on Friday was $3.111 billion. (Cailian Press)

U.S. Treasury Secretary Yellen: DOJ investigation of the Fed depends on PIRRO

U.S. Treasury Secretary Yellen said the decision regarding DOJ’s investigation into the Fed depends on PIRRO. (Cailian Press)

Fed Vice Chair Jefferson: Cautiously optimistic about economic outlook, expects inflation to decline

Fed Vice Chair Philip Jefferson said he is “cautiously optimistic” about the U.S. economic outlook, hinting that strong productivity growth could help inflation fall back to the Fed’s 2% target. In a speech prepared for Washington, Jefferson stated: “I expect that as tariffs are fully transmitted to prices, the disinflation process will resume this year. Additionally, the expected strong productivity growth may further support the decline in inflation toward our 2% target.” He added, “Given the Fed’s firm commitment to returning inflation to target, such a one-time shift reduces the risk of persistent inflation,” and “this means the supply side of the economy has more room to grow without preemptive monetary tightening.” (Cailian Press)

Nvidia CEO: No conflicts with OpenAI

Nvidia CEO states there are no conflicts with OpenAI. (Cailian Press)

Huang Renxun: Both Anthropic and OpenAI are profitable

Nvidia CEO Huang Renxun said that both Anthropic and OpenAI are profitable; large-scale AI capital expenditure is reasonable and necessary. (Cailian Press)