China INE crude oil futures main contract just broke through the 560.0 yuan/barrel mark, now trading at 560.1 yuan/barrel, up 0.94% on the day.

Spot gold has risen by 1.02% intraday, trading at $4,395.13 per ounce; COMEX gold futures main contract is now at $4,451.90 per ounce, up 0.71% intraday.

U.S. Treasury bonds struggle to rebound, facing dual threats from stagflation and leveraged liquidity floods

The Dow Jones opened up 0.01%, the Nasdaq rose 0.18%, and the S&P 500 increased by 0.1%. Leading tech stocks saw gains: Super Micro Computer was up 0.95%, Tesla rose 0.7%, and Nvidia gained 0.65%. The NASDAQ Golden Dragon China Index fell by 0.1%, with NetEase up 1.5% and JD.com down 2.63%.

At the US market open, the Dow Jones fell by 0.1%, the S&P 500 rose by 0.1%, and the Nasdaq increased by 0.16%. SanDisk (SNDK.US) jumped 7% as the company expects revenue to maintain mid-to-high double-digit growth in fiscal years 2028 to 2030. Western Digital (WDC.US) and Micron Technology (MU.US) both climbed around 4%. Applied Materials (AMAT.US) dropped 5% after recently reporting earnings.