At midday Eastern Time on September 3, the Nasdaq Composite Index rose 1.35% to 26,572 points, the Dow Jones Industrial Average rose 1.20% to 53,699 points, and the S&P 500 Index rose 1.01% to 7,744 points. Meanwhile, the 10-year US Treasury yield fell 5 basis points to 4.75%, and gold rose 2.34% to $4,489.99.
Federal Reserve Governor Waller stated that he prefers to keep interest rates unchanged unless there is a significant surprise in inflation. His stance appears to contrast with Federal Reserve Chairman Warsh's emphasis on reducing persistent inflation, which eased some pressure on US Treasuries. In terms of individual stocks, NVIDIA rose on news of its acquisition of AI platform Hugging Face, Snowflake surged over 20% after reporting better-than-expected earnings, while Broadcom's stock fell despite exceeding earnings expectations.
Faster global financial news!
US major stock indexes rose over 1% during the trading session, with the Nasdaq Composite up 1.35%. The 10-year US Treasury yield fell 5 basis points to 4.75%. The Federal Reserve's Waller hinted at a pause in interest rate hikes.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Oracle, Meta, and SpaceX credit default swaps (CDS) hit all-time highs, as the market anticipates a surge in AI-related bond issuance in Q4.
-
2
Liu Jun, President of Industrial and Commercial Bank of China (ICBC): Commercial Banks Bear Heavier Financial and Legal Responsibilities Than Central Banks in AI Deployment
-
3
Bain Survey: Chinese Consumers Prioritize Technology in Car Purchases, While Europeans and Americans Still Value Price; Western Automakers Face Dual Pressure
-
4
Anthropic pitches AI safety bill that would require judge's permission to block models
-
5
Anthropic reportedly faces a compute shortage as cloud giants view it as a competitor, plans November IPO.
-
6
Media reports: Amazon Web Services (AWS) has billions of dollars worth of NVIDIA chips backlogged in its warehouses due to power shortages, leading to negative free cash flow.
-
7
Hansoh Pharmaceutical inks up to $15B drug deal with Roche, China's innovative drug out-licensing hits $130B
-
8
NextDC's data center project in Australia faces power supply delays due to resident protests, leading to a more than one-third reduction in its FY2027 earnings guidance and a 45% plunge in its stock price.
-
9
U.S. equity index futures rose, boosted by strong earnings reports from AI-related companies.
-
10
King Charles III of the UK praised Oman's peaceful efforts in reopening the Strait of Hormuz.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
