[Wall Street Close] Major Indices Rebound on Stabilizing Yields and Oil Prices

### 1. Market Core Factors and Money Flow Thesis: The US equity market closed higher as the 10-year Treasury yield stabilized at 4.94% and crude oil prices declined, alleviating inflation pressures and driving major indices to record highs. Screening results indicate that leading breakout stocks are concentrated in semiconductors, power infrastructure, and exporters, leveraging favorable exchange rates and high-margin product delivery. Technically, these leaders exhibited an average 1-month return of +8.5% and a 1.8x surge in average 20-day volume while breaking through upper resistance levels . Conversely, breakdown candidates in secondary battery materials and high-multiple growth sectors suffered from valuation compression under prolonged high interest rates, showing continuous downward trends and breaching core support levels . ### 2. Quantitative Analysis of Core Leaders: - **NVIDIA (NVDA)**: Maintained high-margin structures via dominant AI chip supply, attracting heavy institutional capital with volume expanding over 1.8x the 20-day average. The optimal entry point involves confirming support near the $115 level. - **GE Vernova (GEV)**: Benefited from structural power infrastructure demand and solid order momentum, successfully establishing a foothold above resistance. Key support is positioned at the $180 mark for disciplined pull-back entries. ### 3. Downward Breakout Risks and Watchlist: - **Lithium Americas (LAC)**: Faced persistent margin compression from slowing EV demand and high-rate pressures, breaching the 1-month core support line amid a sustained downward trajectory. Strict risk management is warranted if it fails to reclaim $45. - **Zoom Video (ZM)**: Experienced mounting downside pressure from valuation adjustments and high discount rates, exhibiting a 60-minute D_ATTEMPT pattern. Monitoring the $60 support level breakdown is essential. ### 4. Global Portfolio Implications: Stabilizing US yields and tech-focused liquidity flows are expected to exert positive spillover effects on Asian semiconductor and export-oriented large caps, favoring companies with strong pricing power. From a global asset allocation perspective, maintaining exposure to high-dividend value stocks and infrastructure remains prudent while exercising selectivity in high-multiple growth equities.