01 Stock Market

The U.S. major indexes closed as follows: Dow Jones down 0.26% at 51,349.92; S&P 500 down 0.17% at 7,670.84; NASDAQ down 0.09% at 26,797.54. The broad market drifted lower as long-dated Treasury yields remained elevated and investors stayed cautious ahead of key macro data. Declines were modest, but the tone remained defensive into the close.

Unusual-move stocks were concentrated in AI, semiconductors, energy, and select Chinese ADRs. Among the biggest movers, Bloom Energy jumped 10.80% to $291.25, Oracle rose 3.91% to $137.79, Meta Platforms gained 3.24% to $738.79, and Micron Technology climbed 1.05% to $1,065.08. On the other side, Fair Isaac declined 26.52% to $617.87, Beyondspring fell 30.96% to $0.77, and Sunrise New Energy declined 27.12% to $3.79. Among China-related names, Canadian Solar advanced 10.84% to $11.55, MindForge surged 22.93% to $17.10, while NIO fell 5.29% to $3.40 and XPeng declined 4.82% to $9.47.

Several smaller-cap and speculative names also showed sharp swings, reinforcing a highly selective tape. E-home Service soared 27.39% to $1.54, 9F rose 9.73% to $2.82, Jianzhi Education Technology advanced 10.59% to $0.48, and China SXT Pharmaceuticals gained 11.51% to $2.81. Conversely, Reto Eco-solutions plunged 35.92% to $0.09, Infobird dropped 22.05% to $0.99, and Tantech fell 16.46% to $14.62. The cross-section suggests traders continued rotating quickly between momentum themes rather than committing broadly to risk.

02 Other Markets

U.S. 10-year Treasury yield fell by 0.00%, latest at 5.25.

USD/CNH rose 0.0148%, at 6.74; USD/HKD fell 0.0083%, at 7.85.

U.S. Dollar Index rose 0.0493%, at 101.42.

WTI crude futures fell 0.06%, at 89.33 USD/bbl; COMEX gold futures rose 0.79%, at 4,212.60 USD/oz.

03 Top News

1. The White House released an AI accord with major tech executives and proposed new oversight controls. The document called for external audits, independent board oversight, and stronger internal monitoring for AI systems. It aims to reduce operational, cybersecurity, and biosecurity risks as AI deployment expands.

2. The U.S. Navy awarded Boeing a major sixth-generation fighter contract. The win gives Boeing another large defense program and followed earlier market speculation about the competition. The stock reacted positively in after-hours trading, while a rival contractor weakened.

3. Trump rejected an Iranian ceasefire proposal and said the country is under pressure. The remarks signaled no immediate easing in the U.S.-Iran standoff. The situation matters for oil markets because it keeps attention on supply risks around the Strait of Hormuz.

4. U.S. stocks ended slightly lower as Treasury yields stayed near multi-decade highs. The move reflected continued concern about inflation, borrowing costs, and the path of Fed policy. The 30-year yield remained near levels last seen in the early 2000s.

5. Oil prices fell as Gulf crude exports recovered faster than expected. Saudi pipeline flows improved, easing some supply fears. The pullback helped cool some inflation pressure, though geopolitical risk remained elevated.

6. Oracle gained after reports that OpenAI’s recurring revenue is approaching a major milestone. Investors viewed the update as a sign that demand for AI infrastructure remains strong. The news also lifted several related AI-linked stocks.

7. Micron was highlighted ahead of its earnings release as analysts projected strong growth. Expectations centered on continued memory-chip demand tied to AI infrastructure buildout. The stock was already trading higher as investors positioned for the report.

8. The Energy Department said it is considering a larger Strategic Petroleum Reserve loan. The move is designed to cushion the impact of the Iran conflict on oil markets. If completed, it would reinforce the government’s effort to keep supply flowing.

9. Netflix received a bullish rating update from Deutsche Bank. Analysts said international growth and platform optionality are underappreciated. The note supported shares even as U.S. viewing trends remained softer.

10. Apple’s new CEO was reported to be pushing a broader internal overhaul. The proposed changes would speed product development and reduce management layers. The effort is aimed at making the company more agile in the AI era.

Sources: Reuters, Dow Jones, Tiger Newspress, public market dataDisclaimer: This content is for reference only and does not constitute investment advice.