Global stock markets experienced a dynamic trading session, with major U.S. indices leading the charge. The S&P 500 index closed at a fresh record high, while the Dow Jones Industrial Average achieved a historic milestone by finishing above 49,000 points for the first time.
Among the most actively traded U.S. stocks, NVIDIA attracted significant attention with its ambitions to challenge the dominance of companies like Tesla Motors in the Full Self-Driving (FSD) sector.
Popular U.S.-listed Chinese stocks displayed a mixed performance. Pinduoduo's shares advanced by 2.97%, whereas Alibaba saw a decline of 3.43%.
Oil prices retreated, pressured by the broader supply outlook and ongoing uncertainties surrounding production levels in Venezuela.
Precious metals and copper futures collectively moved higher. COMEX gold registered a notable gain of over 1%.
European equity markets also reached new peaks, with healthcare stocks, particularly Novo Nordisk, contributing significantly to the upward momentum.
On the macroeconomic front, the U.S. Supreme Court is scheduled to issue a ruling on tariff-related matters on the 9th.
Former President Donald Trump commented that he could face impeachment if the midterm elections result in a loss for his party.
Discussions within the previous Trump administration regarding potential options for acquiring Greenland, including military alternatives, were reported.
The White House confirmed that the former president had considered the possibility of utilizing U.S. military forces to take control of Greenland.
A "coalition of the willing" has reportedly reached a consensus, finalizing a plan for post-war security guarantees for Ukraine.
The United States and its Ukrainian allies have made progress in talks concerning the provision of security assurances to Ukraine following the conflict.
U.S. Special Envoy Wittkopf stated that "significant progress" has been achieved on the framework for Ukrainian security guarantees.
The United States, Israel, and Syria issued a joint statement following talks held in Paris.
Venezuela's acting president asserted that no external forces are governing the country.
In corporate news, Elon Musk's xAI secured a substantial $20 billion in funding, with investors including NVIDIA.
NVIDIA executives, including CEO Jensen Huang, collectively issued positive signals, expressing optimism that the company's revenue could exceed current forecasts.
Intel is developing a dedicated platform for handheld gaming consoles, which will incorporate custom-designed chips.
Lisa Su of AMD commented that artificial intelligence is not about replacing humans but rather about changing hiring standards.
Geely unveiled its comprehensive AI 2.0 system, announcing that its Qianli Haohan G-ASD will receive high-speed L3 and low-speed L4 functionality updates this year.
The world's first mass-produced electric motorcycle featuring an all-solid-state battery was launched.
Hisense introduced a new generation of RGB-Mini LED televisions.
The FIFA President visited the Hisense exhibition booth, expressing anticipation for future World Cup collaborations.
Morgan Stanley has applied to launch a cryptocurrency ETF, joining the growing roster of Wall Street firms entering this space.
Commonwealth Fusion Systems completed the installation of magnets for its reactor and announced a collaboration with NVIDIA.
Microsoft is partnering with a major power grid operator to modernize the electrical system in the U.S. Midwest.
The European Union condemned Musk's AI platform, Grok, for generating illegal pornographic images involving minors.
Meta has postponed the European launch of its Ray-Ban smart glasses.
In commentary, a review of commodities noted falling oil prices, a significant surge in nickel, and rising gold prices.
U.S. transportation stocks reached a new high after more than a year, buoyed by improving economic prospects.
Venezuelan bonds became one of the hottest trading instruments on Wall Street this week.
Prediction markets indicated a rising probability of former President Trump taking actions regarding the Panama Canal and advancing into Greenland.
Market attention is shifting towards upcoming U.S. economic data, with gold prices trending higher amid the uncertainty.
Nickel prices skyrocketed by 10%, as investor buying activity drove a broad uptick in metal prices.
Federal Reserve official Barkin remarked that if the economic environment shifts to a point where people feel compelled to save aggressively for tomorrow, it would signify a major economic setback.
Following remarks from the NVIDIA CEO, stocks related to data center cooling experienced a noticeable decline.
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