The US stock market displayed robust energy on Tuesday, buoyed by an upward trajectory that resonated well with investorsThe Dow Jones Industrial Average, likened to a sturdy vessel charting a steady course, concluded the day with a 0.3% increase, settling at a port of 44,556.04 pointsThis increase can be attributed to the solid performance of heavyweight firms within traditional industrial sectors such as manufacturing and energyThese companies have been optimizing their production and supply chains, riding the waves of economic recovery, and injecting vigorous momentum into the index’s ascent

Meanwhile, the Nasdaq Composite Index galloped ahead like a spirited stallion, soaring by 1.35% to finish at 19,654.02 pointsIn an era characterized by rapid technological advancements, the Nasdaq, driven primarily by tech stocks, showcased innovation's formidable potential

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Noteworthy sectors such as semiconductors, artificial intelligence, and cloud computing were prominently featured, with numerous startups emerging, nurtured by capital market support, to become crucial drivers of the index’s rise

The S&P 500 Index also displayed encouragement, climbing by 0.72%, ultimately closing at 6,037.88 pointsFunctioning as a market thermometer reflecting the performance of various industries, this uptick symbolizes a surge in overall market optimism

The performance of big tech stocks in the US was particularly striking, marked by a broad-based rallyApple Inc., with its massive global consumer base and a consistent stream of innovative products like the iPhone series and Mac computers, saw its stock price rise over 2%. Tesla continued to spearhead transformation in the electric vehicle sector, achieving breakthroughs in battery technology and leading the way in autonomous driving research, which also led to a rise of over 2% in its share price.

Google, dominating the search engine market and deepening its investments in artificial intelligence, matched this trend with an increase exceeding 2%. Nvidia, the titan of AI chips, experienced an upsurge of more than 1% driven by soaring demand for its chips as applications of artificial intelligence expanded

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Meanwhile, Netflix leveraged its diverse and rich content to thrive in the global streaming market, and Amazon capitalized on its well-established e-commerce platform and advanced cloud computing services, each also seeing increases of over 1%. Meta and Microsoft, while experiencing smaller gains, showed firm resilience due to their substantial foundations in social media and operating systems, reflecting the enduring strength of large tech stocks

At the same time, the US government's new actions concerning trade policy captured widespread attentionFollowing multiple rounds of discussions among leaders from the US, Mexico, and Canada, an agreement was reached to temporarily suspend tariffs imposed on these two nations for a monthAs CFRA Research's Chief Investment Strategist Sam Stovall explained, “The 30-day grace period provided by the US government for Mexico and Canada may serve a political purpose more than a practical one

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From the perspective of actual trade policy, substantial changes in the short term are unlikelyWhile investors may temporarily relax their tension due to this announcement, the overarching uncertainty surrounding trade policy remains a Damoclean sword that could pose potential risks to the market in the long run, necessitating continuous vigilance on the market's trajectory.” Analyst Todd Ahlsten of Parnassus Investments remarked, “Given that further negotiations are forthcoming, it’s reasonable to expect a lesser impact from US tariffs than initially anticipatedThe process of negotiations should provide a buffer against tariff shocks, bringing some stability to the market.”

In another corner of the financial markets, the precious metals sector was reveling in a robust upward trendThe price of gold surged in early trading, with spot gold prices reaching historic heights, peaking at $2,843.35 per ounce

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From January 2 to February 4 of this year, gold witnessed a cumulative increase of 8.28%, showcasing astounding momentum in its climbAs of February 5 at 8:25 AM Beijing time, spot gold prices remained high at $2,841.61 per ounceHistorically, in the years leading up to 2022, a notable negative correlation existed between gold prices and the actual interest rates of the US dollar; rising real interest rates typically resulted in falling gold prices and vice versaHowever, after 2022, market dynamics underwent a significant transformationDespite a sharp rise and sustained levels of real interest rates, gold prices defied convention, persisting in an upward trajectory and even achieving an unusual scenario where a strong dollar coincided with an even stronger gold price, culminating in record highs for goldConcurrently, new forms of currency, such as cryptocurrencies, have been emerging, with some showcasing varying levels of increase in their prices