US Treasuries rallied, with the 10-year yield dropping by 10 bps to settle at 3.79%. The S&P 500 inched up 0.1%, approaching its record close of 4,797 from January 2022. The Hang Seng Index rebounded 1.7% to 16,625, driven by the recovery of online and mobile gaming stocks and the advancement of EV stocks. USDJPY extended losses amid falling US Treasury yields, the BoJ's lower limit for bonds, and Japan's stronger-than-expected retail sales and industrial production. Crude oil retreated, but copper and gold experienced gains. US Equities: The S&P 500 edged up 0.1% to 4,782, propelling toward its record close of 4,797 ... (full story)