Assets Other Than Crude Oil Experienced A Sharp Decline

 Assets other than crude oil experienced a sharp decline across the board

 Last night, the three major US stock indexes all closed lower, with the Dow Jones down 1.63%, the Nasdaq down 1.46%, and the S&P 500 down 1.36%. The Livermore Chinese ADR Index fell 1.64%. Weibo fell over 10%, Tencent Music fell over 9%, Li Auto fell over 5%, and Bilibili fell over 4%; Kingsoft Cloud rose over 12%, and New Oriental rose over 3%.

 Gold and silver prices plummeted. As of the time of publication, COMEX gold is trading at $4,836 per ounce, and COMEX silver is trading at $76.005 per ounce.

 Oil prices have skyrocketed. Brent crude oil rose by 5.7% yesterday, reaching $105.06 per barrel. WTI crude oil continued to rise this morning, with the latest price at $98.39 per barrel, an increase of 3%.

 On the news front, the results of the Federal Reserve's policy meeting and the situation in the Middle East remain the focus of attention.

 On March 18th local time, the U.S. Federal Reserve announced that it would maintain the benchmark interest rate unchanged, keeping the target range for the federal funds rate at 3.5%–3.75%, in line with market expectations.

 The Federal Reserve FOMC statement stated: The impact of the developments in the Middle East is still unclear; current indicators show that U.S. economic activity is expanding at a "steady pace." The Federal Reserve maintains its forecast of one rate cut each in 2026 and 2027.