讀後心得

Today, the U.S. Labor Department released the non-farm employment data for March, showing an increase of 228,000 positions, exceeding expectations, but the unemployment rate unexpectedly rose to 4.2%. After the market opened, the three major indices fell, with the Dow Jones Industrial Average plummeting by 947.78 points, down 2.34%. Apple stocks dropped 5%, falling below a market value of $3 trillion, while TSMC and NVIDIA were also severely impacted. With China imposing retaliatory tariffs on U.S. goods, concerns about a global economic recession have intensified, leading to a continued decline in the U.S. stock market.

Today (April 4th), the U.S. Labor Department released the latest non-farm employment data for March, showing an increase of 228,000 jobs, significantly higher than the market expectation of 137,000. However, the unemployment rate unexpectedly rose to 4.2%, exceeding both market expectations and the previous value of 4.1%. Additionally, the year-over-year growth rate of average hourly earnings has also slowed down.

After the U.S. stock market opened, the three major indices continued to decline, with the Dow Jones Industrial Average falling sharply by 947.78 points, a decrease of 2.34%, closing at 39,598.15 points, nearly plunging by a thousand points. In the tech sector, stocks like Apple, which rely heavily on the Asian market, plummeted by 5%, resulting in a market capitalization dropping below $3 trillion. TSMC (TSM) ADR declined by over 5%, while Nvidia dropped over 4%.

Following China's announcement of retaliatory tariffs on U.S. goods, market concerns about a potential global economic recession are heating up again, delivering a new blow to U.S. stocks, and continuing the downward trend from the previous day.

The U.S. president's "reciprocal tariff" policy has caused panic in global financial markets, significantly impacting the four major indices. Although the Taiwan stock market was unable to open due to the Qingming Festival holiday, it might face downward pressure when trading resumes next Monday. The market is currently focused on tonight's March non-farm payroll report and the speech by the Federal Reserve Chair to assess the condition of the labor market and the direction of future interest rate policies.

According to the latest data released by the U.S. Bureau of Labor Statistics, there were 228,000 new non-farm jobs in March, far exceeding the market expectation of 137,000, with the previous value revised down from 151,000 to 117,000. The unemployment rate rose to 4.2%, also higher than the market's expectation of 4.1%.

• The Dow Jones Industrial Average fell by 947.78 points, down 2.34%, closing at 39,598.15 points.
• Apple fell by 5%, with its market capitalization dropping below $3 trillion.
• TSMC ADR declined over 5%, while Nvidia dropped over 4%.

Market sentiment has been affected by China's tariff policy, severely impacting investors' confidence in the economic outlook.