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.