港股药明系跳水转跌，药明康德(02359.HK)抹去早盘近15%涨幅，药明生物(02269.HK)跌超6%，此前一度涨超7%。

The pricing of short-term interest rate futures in the United States shows that the Federal Reserve is expected to cut interest rates four times this year, starting in June.

The Dow fell about 3.4 percent, setting it for its biggest one-day decline since September 2022.

Fitch said US economic growth in 2025 could fall short of the 1.7 per cent forecast in March given higher-than-expected tariffs. The upward pressure on commodity prices from tariffs means the Federal Reserve is likely to become more cautious about further interest rate cuts in the near term, and some sovereigns with high levels of export value added could come under downward pressure as US tariffs rise.

Bill Adams at Comerica said the tariffs announced by Mr. Trump yesterday could cause profound changes to prices and economic indicators, but inflation indicators for March were already showing some impact from trade policy. People are rushing to buy cars as consumers try to beat the tariffs, which could push up car prices. In terms of producer prices, commodity markets are already pricing in big increases in tariffs, which could be reflected in higher prices for steel, lumber and other building ...

Bill Adams of Comerica says the tariffs will act as a headwind to U.S. growth, but a slowdown is more likely than a contraction. The impact of the tariffs will be partially offset by tax cuts being discussed in Congress. He believes overall fiscal policy through 2026 "will be more supportive of economic growth than financial marekt expects." Much will also depend on whether the tariffs are seen as permanent or can be removed based on negotiations with U.S. trading partners. The real economic ris...

Dhaval Joshi, chief strategist at Bca Research, said the sell-off was concentrated on artificial intelligence stocks, and there was no direct link between the sell-off in the stock market and the tariffs. Because if it was a direct link, then retailer stocks should be doing badly. So it's like an excuse, or a catalyst, to sell very expensive stocks. The U.S. stock market is an expensive market, it just needs a catalyst to get investors to start selling.

Global stock markets tumbled on Thursday as President Donald Trump's sweeping tariff plan kicked off a trade war with wide-ranging implications for the global economy. Public fears of rising prices, slowing economic growth and even the possibility of a recession sent U.S. stock indexes tumbling to record their worst one-day performance since at least September 2022. Apparel and retail companies led the decline, with Williams-Sonoma, Ralph Lauren and Deckers Outdoor all down more than 17 percent....

Eugene Ng Ah Sio, a trader, said in a post on his personal channel: "We will soon see that fully open positions, with or without leverage, are not ideal on the chain. If game theory is attractive enough, hunting is bound to happen."

The Nasdaq widened to 5.8 per cent, on track for its biggest one-day fall since March 2020, while the S & P 500 is down 4.1 per cent, on track for its biggest one-day fall since September 2022.

Bitwise announced on the X platform the launch of three option income strategy ETFs tracking three US-listed crypto companies, Strategy, Coinbase, and MARA, respectively: Bitwise MSTR Options Income Strategy ETF (IMST) Bitwise COIN Option Income Strategy ETF (ICOI) Bitwise MARA Options Income Strategy ETF (IMRA) ICOI, IMRA, and IMST are distributed by Foreside Fund Services, LLC, which is not affiliated with Bitwise or any of its affiliates.

US stocks extended losses in early trading on Thursday, with the Dow tumbling more than 1,500 points and the Nasdaq plunging more than 1,000 points. US President Donald Trump announced additional "reciprocal tariffs" of 10% to 49% on almost all countries, a move that threatens to spark a global trade war and hit an already weak US economy hard. The number of Americans claiming unemployment benefits unexpectedly fell last week. Trump's tariffs and OPEC + production plan sent oil prices tumbling. ...

According to Lookonchain data, 10 Bitcoin ETFs had a net inflow of 1,941 BTC (about $160 million) on the day, of which ARK 21Shares sucked in 1,500 BTC and held 47,974. In comparison, nine Ethereum ETFs had a net outflow of 11,195 ETH (about $19.93 million), and BlackRock's iShares had a single-day outflow of 10,596 ETH, with a current position of 1,181,170.