HK, US stocks top stories
$175 billion "tariff refund"! For U.S. stocks, it is "fiscal stimulus"; for U.S. Treasuries, it is "increased debt"; for gold and silver, it is "uncertainty returning."The Supreme Court's rejection is "one thing," while the U.S. tax refund is "another thing."Upon learning that the Supreme Court rejected the tariffs, Trump was "furious" and "lashed out."Trump's push for interest rate cuts meets a "hawkish" committee, and Waller may face the most challenging term as Federal Reserve ChairOvernight U.S. Stocks | Three Major Indices Rise, Spot Silver Up Over 7.7%Trump hints that illegally imposed tariffs will not be refunded, and the U.S. Treasury Secretary states that tariff revenue will "basically remain unchanged" this yearNVIDIA and OpenAI abandon the unfinished $100 billion agreement and instead reach a $30 billion investment dealU.S. GDP and PCE data combined with the Supreme Court ruling on Trump's tariffs, U.S. Treasury yields "bottomed out and rebounded" on FridayAnthropic releases Claude security tool, cybersecurity stocks plummetThe U.S. Treasury Department makes concessions and plans to revise the tax proposal for sovereign wealth funds, which was previously warned against by the private equity industryDon't celebrate too early for the U.S. Supreme Court overturning Trump's tariffs? Wall Street expects the market reaction may be short-lived