On August 25, the US stock market showed a strong rise, with all three major indices recording significant gains. The Dow Jones Industrial Average rose by 0.42%, the S&P 500 climbed by 0.63%, and the Nasdaq Composite surged by 0.87%, with the semiconductor sector standing out in particular.



The focus of the market is mainly on the latest remarks from Federal Reserve officials. Federal Reserve Vice Chairman Jefferson stated that inflationary pressures are gradually easing, but emphasized that future interest rate decisions will still be based on economic data. This statement suggests that the monetary policy meeting in September may maintain the status quo.

The market highlights of the day were numerous. NVIDIA's second-quarter financial report was eye-catching, with revenue doubling year-on-year, mainly due to the explosive growth in demand for artificial intelligence chips. This impressive performance drove its stock price up by 8% in after-hours trading, boosting the overall sentiment in the tech sector.

At the same time, Tesla's stock price fell by 2.3%. The company's founder announced that the release date for Robotaxi has been postponed to October, raising concerns in the market about the progress of its technical implementation.

The economic data presents a complex situation. Durable goods orders increased by 0.5% month-on-month in July, exceeding market expectations. However, the consumer confidence index fell to its lowest point of the year, reflecting uncertainty in the economic outlook.

Currently, the market generally believes that the Federal Reserve may temporarily pause its interest rate hike policy, but market volatility may still persist in the short term. Tech stocks remain the focal point of the long and short positions. Investors are closely watching the PCE inflation data set to be released this Friday, which could become an important reference for the September monetary policy meeting.
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SoliditySlayervip
· 8h ago
Just do it with NVDA.
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MetaMaskVictimvip
· 8h ago
NVIDIA is really outrageous.
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Layer2Arbitrageurvip
· 9h ago
nvda literally printing free money rn... bears ngmi
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