Group 1: U.S. Stock Market Performance - The U.S. stock market saw all three major indices rise, with the S&P 500 gaining 0.48%, marking its 27th record high of the year, while the Dow Jones increased by 0.29% and the Nasdaq rose by 0.94%, both reaching historical highs [1] - Chip stocks performed strongly, with Intel surging over 22%, Applied Materials and ASML rising over 6%, and Micron Technology increasing over 5% [1] - However, popular Chinese concept stocks mostly declined, with the Nasdaq Golden Dragon China Index falling by 1.79%, and notable declines in stocks like NetEase (over 4%), Bilibili (over 3%), and Alibaba (over 2%) [1] Group 2: Federal Reserve Policy Changes - The Federal Reserve's recent interest rate cut has sparked attention, with indications that it is not the beginning of aggressive easing but a cautious response to economic uncertainties, particularly a soft labor market and persistent inflation [2] - Analysts suggest that the "preemptive" nature of the rate cut is significant, and if labor market weakness continues, further cuts may follow, leading to a more accommodative monetary policy environment [2] - The market perceives that the Fed is willing to sacrifice part of its dual mandate in light of high inflation, with expectations that the dollar's rebound will be short-lived [2] Group 3: Foreign Holdings of U.S. Treasury Securities - Japan remains the largest foreign holder of U.S. Treasury securities, increasing its holdings by $3.8 billion to $1.1514 trillion as of July [3] - The UK saw a significant increase in its holdings by $41.3 billion to a record high of $899.3 billion [4] - In contrast, China reduced its holdings by $25.7 billion to $730.7 billion, the lowest level since 2009, reflecting a trend of diversifying foreign reserves amid changing U.S.-China relations [4]
深夜狂欢，美股斩获年内第27次新高
Feng Huang Wang Cai Jing·2025-09-18 23:04