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PDD, Alibaba Shares Down as Biden Administration Cites Abuse of Trade Rules
Alipay is unwilling to be just a "tool" again.
Creating brilliance again with the help of AI.
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday as Investors Await Import, Export Data
Crude Gains On Supply Disruptions, Gold Hits Record High And Dollar Hits One Week Low - Global Markets Today While US Slept
Alibaba Dropped The AI-Powered English Version Of Taobao In This Country, App Quickly Soars To The Top Of The Charts In No Time
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.
