On June 7, CITIC Securities' research report stated that the continued better-than-expected non-farm payroll data in May further signals a stabilization and recovery in the US labor market, catalyzing market expectations for interest rate hikes and leading to significant adjustments in asset prices. The US dollar strengthened, US Treasury yields surged, US stocks fell sharply, and gold weakened. CITIC Securities believes that there are still significant internal disagreements within the Federal Reserve, and it may not raise interest rates within the year. However, the market in June may temporarily be affected by liquidity shocks, and US stocks may face a volatility period of at least one to two months.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
CITIC Securities: US Stocks May Experience a Volatility Period of at Least One to Two Months
-
Wechat scan to share
Recommended for you
-
Michael Saylor Releases New Information on Bitcoin Tracker
On June 7, news emerged that Michael Saylor, founder of Bitcoin treasury company Strategy, has once again released information regarding the Bitcoin Tracker. Following previous patterns, Strategy typically discloses information about increasing Bitcoin holdings the day after relevant news is announced. -
ZEC Surpasses $400
Market data shows that ZEC has surpassed $400, currently priced at $405.93, with a 24-hour increase of 9.65%. The market is experiencing significant volatility, so please ensure proper risk management. -
BTC Briefly Surpasses $62,000
Market data shows that BTC briefly surpassed $62,000, currently priced at $61,780.01, with a 24-hour increase of 1.65%. The market is experiencing significant volatility, so please ensure proper risk management. -
OpenAI Plans Major Upgrade for ChatGPT to Generate More Revenue
On June 7, according to the Financial Times, OpenAI is preparing for the largest upgrade of ChatGPT since its launch. The $850 billion company is looking for new growth engines ahead of its planned IPO this year. The company intends to transform the chatbot into a 'super app' by integrating programming tools with AI, adding several new products that executives believe will generate higher revenue. According to more than a dozen current and former employees, these adjustments are part of OpenAI's overall restructuring plan. OpenAI is reallocating resources to aggressively pursue high-profit enterprise clients and is gearing up for intensified competition with rival Anthropic. This adjustment will elevate the status of OpenAI's programming product Codex and increase resource investment, reflecting a growing consensus within the company that the future of AI is not just chatbots that answer questions, but intelligent agents that can perform tasks for users. -
BTC Surges Past $61,000
Market data shows that BTC has surged past $61,000, currently priced at $61,039.53, with the 24-hour decline narrowing to 0.53%. The market is experiencing significant volatility, so please ensure proper risk management. -
CSRC Chairman Wu Qing: Fund Industry's Stock Investment Grows 41% to 13.4 Trillion Yuan
On June 6, the China Securities Regulatory Commission (CSRC) released Wu Qing's speech at the Fourth Member Representative Conference of the China Securities Investment Fund Industry Association. Wu Qing pointed out that over the past five years, the scale of stock investments in the fund industry has grown by 41%, reaching 13.4 trillion yuan, with the proportion of A-share circulating market value held reaching 13.7%. Rational investment, value investment, and long-term investment have become widely accepted concepts. At the same time, the fund industry has become an important partner for medium- and long-term funds such as social security, insurance, and annuities, and a key trustee for equity investments, playing a crucial role in optimizing the investor structure of the capital market, broadening the channels for medium- and long-term funds to enter the market, increasing market liquidity, and reducing irrational market fluctuations. -
-
BTC Falls Below $61,000
Market data shows that BTC has fallen below $61,000, currently priced at $60,996, with a 24-hour decline of 1.15%. The market is experiencing significant volatility, so please ensure proper risk management. -
BTC Surpasses $61,000
Market data shows that BTC has surpassed $61,000, currently priced at $61,005.65, with a 24-hour decline of 3.74%. The market is experiencing significant volatility, so please ensure proper risk management. -
Daily Must-Read
-
The largest IPO in history! Panoramic analysis of SpaceX's IPO: trillion dollar valuation, track change, and Musk's trillion dollar net worth
-
The 90 trillion yuan track is officially legalized: the United States opens up perpetual contracts on the blockchain, and encrypted finance completely rewrites the global trading landscape
-
PayStill Enters the Pure PAYS Era: A Value Aggregator Embarking on a New Growth Cycle
-
Bitwise deep review: Cryptocurrency market faces three major structural changes, reverse layout window opens as bear market ends
-
Goldman Sachs makes a heavy judgment: AI supply chain boom spillover, MLCC opens a new cycle of ultra long quantity price until 2030
-
The 'Perfect Storm of Abundant Dividends' in the US stock market: Five core driving forces supporting the continued rise of the bull market
All Comments