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Wall Street Morning Brief: CXMT technological breakthrough + South Korean stock sell-off pressure memory; gold struggles to hold 4000 USD?

Gold is becoming less attractive; BlackRock 6 ends its underweight position in U.S. Treasuries for the first time in years; U.S. stocks have gone consecutive 52 days without a single-day decline exceeding 1%—a record. Memory chips hit by CXMT 4F ² technological breakthrough; the market focuses on the Korean Semiconductor Exhibition, while optical communications plunge sharply, surrendering gains. Meta rises more than 3%against the trend; Microsoft's market capitalization returns to 4000000000000, and Apple's launch event brings AI smart home products.

Source: https://www.panewslab.com/zh/articles/01a133b0-3fa3-7189-b775-d9e5424e72a9