Sou Hu Cai Jing·2025-09-06 07:25Economic Overview - The U.S. stock market indices closed in the red, with concerns about the economy's potential downturn following disappointing non-farm payroll data for August [1][4] - The non-farm payrolls added only 22,000 jobs in August, significantly below the expected 75,000, with the unemployment rate rising to 4.3%, the highest since 2021 [4] Market Performance - The Dow Jones Industrial Average fell by 0.32% over the week, while the Nasdaq rose by 1.14% and the S&P 500 saw a slight increase of 0.32% [3] - The S&P 500 index reached an intraday all-time high of 6,532.65 points on Friday before closing lower [3] Sector Performance - Financial and industrial stocks led the decline, with major banks like JPMorgan Chase and Wells Fargo dropping over 3% due to concerns about potential impacts on loan demand [5] - Boeing and General Electric also faced declines as investors worried about the economic slowdown affecting the aerospace sector [5] Federal Reserve Expectations - Market expectations indicate a 100% probability that the Federal Reserve will not raise interest rates in September, with nearly a 90% chance of a 25 basis point cut, and some speculating a potential 50 basis point cut [5][6] Company-Specific News - Google was fined nearly €3 billion by the EU for alleged advertising monopoly practices [8] - Lululemon reported second-quarter revenue below expectations and lowered its full-year guidance twice [8] - Broadcom and OpenAI are collaborating on AI chip design expected to launch next year [8] - Tesla's board proposed a new compensation plan for Elon Musk, leading to a 3.64% increase in stock price [8] - CenturyLink received a target price upgrade from Goldman Sachs, reaffirming a "buy" rating, resulting in a stock price increase of over 3% [8] - Hesai Technology continues as the exclusive supplier of lidar for Motional's Robotaxi, securing stable orders [8]