Ed Yardeni将标普500指数年底目标位从8400点下调至7900点，将2027年年中目标位设定为8400点。

US stocks closed lower Tuesday: the Dow fell 0.6%, the S&P 500 dropped 0.45% and the Nasdaq declined 0.78%. Qualcomm (QCOM.O) rose 4%, Oracle (ORCL.N) fell 3%, and SK Hynix (SKHY.O) slipped 0.4%. The Nasdaq Golden Dragon China Index fell 1.1%; XPeng (XPEV.N) dropped 4.5%.

State Grid Co. will upgrade county-level backbone grids in weakly connected areas during the 15th Five-Year Plan and aims to reduce average annual outage time for rural distribution-network households by more than 30% in 2030 versus 2025. The company will roll out nationwide 'scan-to-use' electricity services and support no-registration, fast connections for seasonal, temporary and mobile users (tea drying/tobacco curing, irrigation/drainage, night markets, express logistics). New residential developments must provide private charging facilities or pre-installation conditions for 100% of fixed parking spaces; the firm will promote a 'one-community one-certificate' process to ease private charger installs and a green channel for unified construction and operation of community public charging facilities.