Trending Sectors | Tech Hits Highs, AI Dips, EVs Struggle, Weight Loss Drugs Surge, Oil & Gold Falter

【Major U.S. Stock Indices】

On June 6, Eastern Time, all three major U.S. stock indices showed strong performance. The S&P 500 rose by 1.03%, the Dow Jones increased by 1.05%, and the Nasdaq had the largest gain at 1.20%. Market sentiment was positively influenced by non-farm employment data, indicating signs of steady economic development. This optimism drove up the indices, although internal market divergences remain.

【Performance of Leading Tech】

Microsoft stock hit an all-time high at $470.61. Despite adjustments in its partnership with OpenAI, the collaboration remains strong, reflecting its significant market influence. Apple's stock fell by 1.08%; despite optimism around AI monetization prospects ahead of the WWDC conference, the market remains cautious about its outlook. Amazon rose by 0.33%, with its adoption of DeepSeek and Tongyi Qianwen for training humanoid robots further increasing market confidence. Google and Meta saw slight changes, with Google up 0.10% and Meta down 0.48%. Tesla plummeted by 14.26%, possibly due to tensions between Elon Musk and Donald Trump and concerns about Tesla's future growth.

【AI and Semiconductor Sector】

NVIDIA led declines in the AI sector, falling 1.36% despite a market cap of $3.46 trillion. Related stocks like SMCI and Arm Holdings also dropped by 7.61% and 0.62%, respectively. However, Micron Technology bucked the trend with a rise of 2.94%. Semiconductor manufacturer TSMC saw a slight increase of 0.46%, and chip equipment company ASML rose 0.67%, even though its latest lithography machine was not endorsed by TSMC. The U.S. Commerce Secretary stated an aim to build an advanced chip factory within 18 months, potentially impacting the future chip market positively.

【Electric Vehicle Sector】

The electric vehicle sector showed weakness, with Tesla posting a significant decline, dropping 17.30% over two days and its market valuation falling to $950.633 billion. Domestic startups like Li Auto, NIO, and XPeng faced various degrees of decline, and traditional automakers such as Toyota, General Motors, and Ford also weakened, potentially reflecting market concerns about the future growth of the EV industry.

【Weight Loss Drug Sector】

Stocks in the weight loss drug sector mostly rose, with Novo Nordisk gaining the most at 2.75%. Companies like Eli Lilly, AstraZeneca, Amgen, and GlaxoSmithKline all closed higher. The market maintains optimism about the demand for weight loss drugs and their potential growth space.

【Oil and Gold Sector】

Oil stocks broadly declined, with ExxonMobil, Occidental Petroleum, and Chevron all experiencing slight drops, reflecting concerns about slowing global economic growth. Gold stocks also fell, with Barrick Gold and Newmont seeing downward trends, indicating a decrease in demand for safe-haven assets.

【Cryptocurrency and Meme Stocks】

Cryptocurrency-related stocks plummeted, with companies like Coinbase Global and Riot Platforms not spared, likely due to volatility in the digital currency market. Meme stocks were mixed, with AMC Theatres remaining flat, while GameStop declined by 1.67%.

【Other Noteworthy Sectors】

Retail stocks showed noticeable divergence, with Dollar Tree rising 9.08%, while Costco saw a significant drop of 3.89%. Among bank stocks, Morgan Stanley rose by 1.92%, reflecting investor confidence in its robust performance. Vaccine stocks generally fell, with companies like Pfizer, Moderna, and BioNTech performing poorly, indicating a gradual decline in vaccine demand. Overall, investors should maintain cautious optimism and focus on structural opportunities within the market, particularly in the AI and electric vehicle sectors. As the U.S. strengthens its chip manufacturing capacity, new investment opportunities may arise in the semiconductor industry. It is recommended that investors diversify their portfolios and approach market volatility with caution.