SG Morning Highlights | Singapore Exchange Sees Surge in Trading Activity Amid Positive Market Factors
Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.
In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.
SG Morning Highlights | Mapletree Logistics Trust Set to Sell Xi'an Subsidiary for 70.5 Million Yuan
SG Morning Highlights | SIA Reaches 88% Pre-Pandemic Passenger Load as Chinese Visitors Increase
Entering the gaming industry! Netflix considers a strategic shift to reap new profits from video games
Against the backdrop of increased competition in streaming media, Netflix may use the gaming business as a new channel to increase revenue.
SG Morning Highlights | Thomson Medical Gets Further Grace Period of 1 Month to Restore Public Float