HK, US stocks top stories
The two-year U.S. Treasury yield surged rapidly on Friday, with a cumulative increase of over 6.2 basis points this weekThe US Dollar Index has risen by more than 0.2% this weekThe trading revenue of the five major Wall Street banks reached a record high for the year, but is this just the beginning?Technology stocks boosted U.S. stock indices to rise across the board, with the Nasdaq up 0.5%, while silver prices fell sharply by 5%The China Concept Index fell by about 1.2%, Vnet dropped by 5%, Kingsoft Cloud fell over 3.1%, GDS declined by about 2.9%, and Alibaba decreased by 2.3%Global news you need to know before the U.S. stock market opens on FridayDeutsche Bank: The weakness of the yen is a choice made by both policy and funds, and the likelihood of short-term government intervention is lowThe Illusion of Prosperity: How Strong GDP Data Masks the Stagflation Risks in the U.S. Economy