Global Asset Performance Divergence During May Day Holiday

According to market data, during the May Day holiday in 2026 (from 3:00 PM on April 30 to 6:00 AM on May 6), the performance of major global assets diverged. Stock indices generally rose, with the Nasdaq up 2.65%, the S&P 500 up 1.73%, the Dow Jones up 0.89%, A50 stock index futures up 0.87%, and the Nasdaq Golden Dragon China Index up 1.44%. Most base metals strengthened, with London aluminum up 3.16%, London nickel up 1.97%, London zinc up 1.5%, and London copper up 0.65%. Among agricultural products, U.S. cotton rose 5.85%, U.S. sugar rose 4.2%, and U.S. soybean oil rose 3.12%. The energy sector faced pressure, with U.S. crude oil down 5.22%, Brent crude down 1.91%, and U.S. heating oil down 2.75%. Precious metals slightly retreated, with U.S. gold down 0.7% and U.S. silver down 0.19%. The U.S. Dollar Index fell 0.49%, and the U.S. dollar against offshore RMB dropped 0.23%.