New York (AFP) reported that in Wednesday's stock market trading, Nvidia entered the hall of $4 trillion in an unprecedented manner, a milestone event marking Wall Street's firm belief that artificial intelligence (AI) will reshape the global economic structure.
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Recently, the US Congress passed the "Great and Beautiful Act" with a narrow margin of 51:50 in the Senate, which was signed into law by Trump.
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As global central banks reduce their holdings of US bonds, institutional funds have been massively "diversifying away" from the US, and Trump has attempted to intervene in the Federal Reserve, the once indispensable US dollar is undergoing an unprecedented "revaluation".
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Recently, Israel's continuous airstrikes on Hezbollah targets in Lebanon have escalated the situation in the Middle East, causing severe fluctuations in international oil prices.
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Recently, the three major indexes of the US stock market collectively closed down, with the Dow Jones Industrial Average falling 0.94%, the S&P 500 index falling 0.79%, and the Nasdaq Composite index falling 0.92%.
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Last week, the three major US stock indices showed varying performances. The Nasdaq index suffered a significant decline. The Nasdaq 100 index dropped by 2.56% last week, and it has seen a cumulative decline of 6.54% over the past two weeks.
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On July 7, 2025, the global financial market fell into turmoil again. The three major US stock index futures fell collectively, with Dow futures, S&P 500 futures and Nasdaq futures all showing a downward trend.
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On July 4, 2025, the eve of Independence Day in the United States, Trump dropped a "tariff bomb" on global trade in Iowa: announcing unilateral tariffs of 10% -70% on countries that have not reached a trade agreement from August 1.
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The latest news in the financial market recently indicates that the US stock market has once again experienced changes, reaching a record high.
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Recently, the US House of Representatives passed the "Big and Beautiful" bill strongly promoted by Trump through a procedural vote, which has drawn high attention from the global financial market.
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Recently, according to Al Jazeera, Israel has recently carried out a new round of air strikes on the Gaza Strip, killing about 100 Palestinians, including women and children.
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