Overseas Markets | The three major U.S. stock indices fell across the board, focus on oil price trends and U.S. inflation

Overnight, the three major U.S. stock indices collectively closed lower, with the Dow down 1.56%, the Nasdaq down 1.78%, and the S&P 500 down 1.52%. Most Chinese concept stocks weakened, with the Nasdaq Golden Dragon China Index falling 1.02%. $XPeng(XPEV.US) bucked the trend and rose.

Gold prices showed a volatile trend, with spot London gold rising slightly and once again standing above the $5,100 mark. Domestic gold T+D fell 0.90%, and prices of gold bars in gold shops and banks both saw slight declines.

U.S. tech and bank stocks generally fell, while Chinese concept stocks were mixed. Gold was supported by safe-haven sentiment but gains were limited. The short-term market may continue to be volatile, requiring attention to U.S. stock fluctuations and geopolitical policy changes.

$Morgan Stanley(MS.US) strategists said the recent rolling correction in U.S. stocks is nearing its end, holding a constructive view on the trend for the next 6 to 12 months. In the short term, attention should be paid to volatility brought by oil price fluctuations and a stronger U.S. dollar.

Related ETFs:

Global Tech Leaders: Nasdaq ETF (513300)

U.S. Core Broad-based: S&P ETF (159655)

Tracking Gold Price Performance: Gold ETF (518850)