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 Class C fell 2.48%, Google Class A fell 2.53%, Microsoft gained 1.90%, Amazon dropped 5.56%, TSMC rose 5.47%, Meta declined 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 economic growth projected to exceed 3%. (Cailian Press)

Federal Reserve’s 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 there will be one or two cuts. (Cailian Press)

Latest hedge fund holdings: Google rises to largest position, Nvidia reduced at high levels

According to the latest 13F filing with the SEC by Jinglin Asset Management, as of the end of Q4 (December 31), U.S. stock holdings reached $4.04 billion, with Alphabet (Google) becoming the largest position. During the last quarter, Jinglin cut over 60% of its Nvidia holdings. After reaching a new high in early November, Nvidia has been adjusting due to market concerns over AI industry funding cycles, and has been sideways for months. Jinglin also reduced Meta by nearly 20% in Q4, causing it to fall to the second-largest holding. (Cailian Press)

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

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

Dow Jones Industrial Average first surpasses 50,000 points

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

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, implying that strong productivity growth could help bring inflation back down to the Fed’s 2% target. In a speech prepared for a Washington event, he 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 aid in bringing inflation back to 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 there is more room on the supply side for economic development 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 Jensen Huang said that both Anthropic and OpenAI are profitable; large-scale AI capital expenditure is reasonable and necessary. (Cailian Press)