Major U.S. stock indices surged significantly on Tuesday, with market sentiment remaining favorable. The Dow Jones Industrial Average and the S&P 500 both reached new record highs, and all three major indices closed the session with gains. The U.S. dollar strengthened, while the yield on the ten-year U.S. Treasury note climbed back to around 4.17%. Gold prices continued their upward trajectory, whereas oil prices experienced a decline.
Hong Kong's three major indices opened lower collectively today. The Hang Seng Index started the session down 0.41% at 26,601.83 points. The Hang Seng Tech Index fell 0.28%, and the Hang Seng China Enterprises Index declined by 0.3%. Sector performance was mixed at the open. Technology and internet stocks showed divergent movements: Alibaba fell over 2%, while Baidu and Bilibili dropped more than 1%; NetEase, however, gained over 0.5%. Semiconductor stocks opened higher, with Hua Hong Semiconductor rising more than 2%. The nonferrous metals sector extended its recent gains, as Zijin Mining Group advanced over 1%. Automobile stocks were partially weaker, with NIO declining more than 2%.
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