Market Insights

The S&P 500 Index initially rose by about 1.5%, with the Telecom, Financial, and Industrial Sectors increasing by over 2%, while the Technology Sector rose by 1.1%, lagging behind. The NASDAQ 100 Index initially rose by 1.5%, with constituent stock DexCom increasing by 16.2%, Grail and AppLovin rising by over 9%, PDD Holdings ADR rising by over 4.5%, and Meta rising by over 4%, performing strongly, while Apple fell by 3.9%, ranking second to last. The Dow Jones Index initially rose by over 500 points, an increase of 1.3%, with Nike, Caterpillar, American Express, and 3M rising by over 3%, and Goldman Sachs, NVIDIA, IBM, and JPMorgan increasing by over 2%, performing strongly, while Apple ranked at the bottom. The index of the seven major American Technology stocks rose by 0.7%, and the 'Trump Tariff Losers Index' rose by 3.8%.

Renowned Technical Analyst Demark: The rally of the S&P 500 Index is nearing its end, and the US stock market may fall into a bear market.

This week, Brent crude oil plummeted by 8.3% and WTI crude oil fell by 7.5%.