CITIGROUP strategists including David Chave say excessive bullish positioning in U.S. tech, driven by ongoing AI enthusiasm, has pushed long bets to extremes and leaves the Nasdaq 100 particularly exposed. "Concentrated long exposure in the index 'increases the likelihood of profit-taking and long-covering on any negative catalyst', raising downside risk," they said. Since late March the S&P 500 has risen about 20% and the Nasdaq 100 about 33%; momentum indicators show the Nasdaq 100 has been ov

The State Council published the Accelerating Agricultural and Rural Modernization 15th Five-Year Plan, outlining seven policy priorities: boost agricultural production capacity and product quality while optimising supply structure; consolidate and expand poverty-alleviation gains to prevent large-scale return to poverty; strengthen agricultural science and equipment support to secure major breakthroughs in new productive forces; widen farmer income channels and scale up rural specialty industries to promote employment and entrepreneurship; accelerate a green transition in agriculture and promote green production methods; improve rural infrastructure, public services and living environment; and raise the effectiveness of farm-support policies, refine agricultural and rural funding mechanisms, advance rural reform and build rural talent capacity.

澳大利亞S&P/ASX200指數6月2日（週二）收盤下跌3.40點，跌幅0.04%，報8726.00點。