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Markets
Closing: U.S. stocks mixed, Nasdaq and S&P index fell for the second consecutive day.
September 4th, top 20 U.S. stock turnover: Dollar Tree's performance is worse than expected, and stock price plunges 22%.
Hot China concept stocks mixed on Wednesday, NIO rose 2.2%, PDD fell 5.1%.
WTI crude oil in the U.S. fell 1.6% on Wednesday, below $70
International precious metals futures mostly rose, COMEX gold futures rose 0.14%
European stocks fell collectively, with the Euro Stoxx 50 index down 1.28%.
Macro
Harris proposed implementing a 28% long-term capital gains tax rate on high-income earners.
The Fed's Beige Book shows that economic activity in most districts is stable or declining.
The school shooting incident in Georgia, USA has resulted in 4 deaths and 9 injuries.
The suspect in the Georgia school shooting case is a 14-year-old student.
OPEC+ is close to reaching an agreement to delay the implementation of the October production increase plan.
The Bank of Canada has lowered interest rates by 25 basis points and is expected to further relax in the future.
The Mexican Chamber of Deputies voted to pass a judicial reform proposal, and the Senate will vote next week.
Continued high temperatures and drought have led to red emergency conditions of low humidity in many parts of Brazil.
Panama has received over ten cultural relics returned by Canada.
Egypt and Turkey have signed 17 agreements to expand bilateral relations in multiple fields.
Company
Huya Inc announced changes in its management team.
Nvidia, accused of facing an antitrust investigation, said it has not received a subpoena from the U.S. Department of Justice.
The century-old steel brand must not be lost! The media revealed that Biden is preparing to take action to ban Japanese companies from acquiring it.
United States Steel: If not acquired by Japan's Iron and Steel, thousands of jobs are at risk.
Challenging intel's dominant position in PC chips! Qualcomm introduces the AI PC chip Snapdragon X Plus 8
After Lynch's death, HP in the United States did not stop.
Only 11 weeks into the startup, the new company led by the former chief scientist of OpenAI has a valuation of over 35 billion.
Waterdrop Inc. announced a share buyback plan for the second quarter, with net income attributable to shareholders reaching 88.29 million yuan.
The USA's NHTSA concludes its engineering analysis of over 1.3 million General Motors vehicles.
Autohome announced a new share buyback plan worth up to 0.2 billion US dollars.
Volvo ab unsponsored adr class b has abandoned its plan to only sell electric vehicles by 2030, stating the need for pragmatism and flexibility.
The AI company of the former chief scientist of OpenAI raised $1 billion in funding, with a valuation of around $5 billion.
Comment
A survey conducted by the New York Fed shows that companies using AI have not laid off a large number of employees, and the service industry is more susceptible to impact.
Bottom-fishing forces may bolster US stocks. US companies' buyback plans last month reached a record high for the same period.
bank of america customers sold U.S. stocks for the second consecutive week, the largest amount since November 2020.
NVIDIA's stock price plummeted by 9.53%, evaporating nearly $2 trillion overnight. What happened?
Ready for rate cuts! A hawkish voting member of the Federal Reserve suddenly released a signal of monetary easing.
Goldman Sachs: The AI wave may drag down oil prices in the next 10 years.
European stock markets have fallen for three consecutive days, with concerns about economic slowdown sparking a global stock market storm again.
Is the Bank of Japan uncertain?
The US SEC is reportedly no longer seeking to reintroduce regulations requiring hedge funds to disclose fees.
Goldman Sachs strategist: If non-farm data is weak, a stock market pullback will become the norm.
The yen rose 1% against the dollar as strong US labor market data strengthened expectations of interest rate cuts.
Atlanta Fed President: Risks of the Fed's dual mandate are balanced.
The decrease in the number of job vacancies in the United States exceeded expectations, prompting the market to increase bets on a rate cut by the Federal Reserve.
The US bond yield curve ends its inversion as labor data further stimulates bets on interest rate cuts.
The global sell-off is back, what signal does the mini "Black Monday" release?
Strategist: Firmly believe that the European Central Bank will cut interest rates by 25 basis points next week and continue to cut rates in December.
Trump: There is a specific plan to end the conflict between Russia and Ukraine, but it will only be announced after winning the election.
Lavrov warns the United States: Don't joke about our red lines.