Sou Hu Cai Jing·2025-08-25 08:23Market Performance - US stock indices rose across the board, with the Dow Jones up 1.89% to a record high of 45,631.74 points, the S&P 500 up 1.52% to 6,466.91 points, and the Nasdaq up 1.88% to 21,496.53 points [3] - The Dow Jones increased by 1.53% for the week, while the S&P 500 rose by 0.27%, and the Nasdaq fell by 0.58% [3] Federal Reserve Insights - Federal Reserve Chairman Jerome Powell indicated a potential adjustment in policy stance due to changing risk balances, citing significant shifts in tax, trade, and immigration policies [3] - Expectations for a 25 basis point rate cut in September surged from approximately 75% earlier in the week to about 83% [3] Sector Performance - Major technology stocks saw significant gains, with the US Technology Seven Index rising 2.04%. Notable individual stock performances included Tesla up over 6%, Google up over 3%, and Amazon up over 3% [3][4] - Bank stocks collectively rose, with JPMorgan up over 1%, Goldman Sachs up over 3%, and Citigroup up over 2% [3] - Energy stocks generally increased, with ExxonMobil up nearly 2% and Chevron up over 1% [4] - Airline stocks performed strongly, with American Airlines up over 7% and Delta Airlines up over 6% [4] - Semiconductor stocks also saw gains, with the Philadelphia Semiconductor Index rising 2.7% [4] Chinese Stocks - Chinese stocks experienced a broad increase, with the Nasdaq Golden Dragon China Index rising 2.74% and the Wind Chinese Technology Leaders Index up 2.63% [5] - Notable performers included Miniso up over 20% and Semiconductor Manufacturing International Corporation up over 19% [5] International Markets - European markets showed slight gains, with the FTSE 100 up 0.13%, CAC 40 up 0.40%, and DAX up 0.29% [5] - International oil prices saw minor increases, with WTI crude oil futures rising by 14 cents to $63.66 per barrel [5] - Precious metals futures generally rose, with COMEX gold futures up 1.05% to $3,417.20 per ounce [5]