Daily Market Recap (每日市場回顧) – July 4, 2025

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BondWatch Editorial

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U.S. Equities & Treasuries|美股與美債 U.S. large- and small-cap indexes recorded strong gains yesterday, with major indexes jumping between 0.75%-1.0% over the day in a holiday-shortened trading session, spurred by the better-than-expected June labor report. This performance contrasts with Wednesday’s mixed close, where the Dow Jones Industrial Average rose 0.91%, while the S&P 500 and Nasdaq......

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