Overnight US stocks | The possibility of the Federal Reserve raising interest rates in December has greatly increased. Risk assets have collectively plummeted, with the semiconductor sector taking a heavy hit. Bitcoin briefly fell below $60,000, and spot gold has wiped out all gains for the year.

On Friday, the three major indexes experienced a sharp decline, with the S&P 500 index seeing the largest single-day decline since October 2025, and the Nasdaq experiencing the largest single-day decline since April 2025. May nonfarm payroll data far exceeded market expectations, leading to a significant increase in the US interest rate futures market betting on the Fed to raise rates at the December meeting. This week, all three major US stock indexes recorded declines, with the Dow falling 0.32% for the week, the S&P 500 dropping 2.59%, and the Nasdaq falling 4.68%. [US Stocks] At the close, the Dow fell 695.15 points, or 1.35%, to 50866.78 points; the Nasdaq fell 1121.53 points, or 4.18%, to 25709.43 points; the S&P 500 index dropped 200.57 points, or 2.639%, to 7383.74 points. Most semiconductor stocks fell, with the Philadelphia Semiconductor Index closing down 10%, marking the largest single-day decline since April 2025. NVIDIA Corporation (NVDA.US) fell more than 6%, Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) dropped 6.68%, Broadcom Inc. (AVGO.US) fell nearly 8%, Intel Corporation (INTC.US) fell over 11%. The Nasdaq Golden Dragon Index closed down 3.56%. [European Stocks] The German DAX30 index fell 157.52 points, or 0.63%, to 24758.67 points; the UK FTSE 100 index rose 6.41 points, or 0.06%, to 10366.73 points; the French CAC40 index dropped 26.05 points, or 0.32%, to 8218.24 points; the Euro Stoxx 50 index fell 43.48 points, or 0.71%, to 6059.85 points; the Spanish IBEX35 index rose 73.39 points, or 0.40%, to 18347.49 points; the Italian FTSE MIB index fell 266.86 points, or 0.53%, to 49907.50 points. [Asian Stock Markets] The Nikkei 225 index fell 1.31%, the South Korea Composite Stock Price Index dropped 5.54%, and the India Sensex index dropped 0.16%. [USD Index] The USD index rose on the 5th. The USD index, which measures the USD against six major currencies, rose by 0.65% on the day, closing at 100.068 in the FX market. At the close of the New York FX market, 1 euro exchanged for 1.1523 USD, lower than the previous trading day's 1.1614 USD; 1 pound exchanged for 1.3337 USD, lower than the previous trading day's 1.3425 USD. 1 USD exchanged for 160.17 Japanese yen, higher than the previous trading day's 160.02 Japanese yen; 1 USD exchanged for...