Apple(US:AAPL) Sou Hu Cai Jing·2025-08-26 23:54Market Performance - US stock market experienced a late rally with all major indices closing slightly higher; Nasdaq up 0.44%, S&P 500 up 0.41%, and Dow Jones up 0.3% [2] - Major tech stocks saw gains, with Tesla and Nvidia rising over 1%, while Apple, Netflix, Amazon, and Meta had slight increases [4] Apple Inc. - Apple is set to hold a major fall product launch event on September 9 at 10 AM Pacific Time, where the iPhone 17 series is expected to be unveiled [6] Economic Commentary - President Trump indicated that he will soon have a majority at the Federal Reserve and emphasized the need for interest rate cuts to address housing costs [8] - The Federal Reserve spokesperson reiterated that the long-term fixed terms of board members are protected by law, ensuring that monetary policy decisions are based on data and long-term interests of the American people [8][9] - Federal Reserve Governor Barkin projected a moderate adjustment in interest rates [10]