Xin Lang Cai Jing·2025-09-18 23:43Market Performance - Major U.S. stock indices reached new highs, with the Dow Jones Industrial Average up 124.1 points to 46142.42, a 0.27% increase; the S&P 500 rose 31.61 points to 6631.96, a 0.48% increase; and the Nasdaq Composite increased by 209.4 points to 22470.73, a 0.94% increase [3][4] Technology Sector - Chip stocks led the market, with Intel surging 22.8%, marking its largest single-day gain since October 1987, following Nvidia's announcement of a $5 billion investment in Intel and a partnership for AI infrastructure and personal computing products [3][4] - The Philadelphia Semiconductor Index rose 3.6%, while the S&P 500 Technology sector increased by 1.36% and the Nasdaq Technology sector rose by 0.94% [4] Economic Indicators - Initial jobless claims in the U.S. fell to 231,000, below the market expectation of 240,000, and down from the previous 263,000, indicating a cooling labor market [4][5] - The Federal Reserve Chairman Jerome Powell emphasized the focus on the weak job market and hinted at potential future rate cuts, with expectations of a further reduction of approximately 44.2 basis points by the end of 2025 [5] Commodity Market - International oil prices declined, with WTI crude oil down 0.69% to $63.26 per barrel and Brent crude down 0.80% to $66.92 per barrel; gold futures also fell by 1.06% to $3678.3 per ounce [5]