According to Jin10, due to investors' growing confidence that reports of progress toward a peace agreement and the possible reopening of the Strait of Hormuz are imminent, the U.S. stock market hit a record high in May. Since late April, the Nasdaq Composite has risen over 8%, mainly benefiting from optimism about declining U.S. debt yields and falling oil prices. Looking ahead, investors will closely monitor key economic data released next week, including Federal Reserve statements and labor market indicators, all of which could significantly influence expectations for interest rates. This week, gold experienced volatility as it came under selling pressure again after the U.S. airstrikes on Iran escalated.

NAS100-0.03%
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