Xin Lang Cai Jing·2025-09-22 00:32Market Overview - The Federal Reserve's recent interest rate cut of 25 basis points has positively influenced market sentiment, leading to record highs in major U.S. stock indices, with the Nasdaq rising over 2% last week [5][7] - The S&P 500 index closed at 6664.36 points, the Dow Jones at 46315.27 points, and the Nasdaq at 22631.48 points, all at historical highs [3] - Analysts expect the market to continue to rise, with the recent highs seen as a temporary pause in the ongoing bull market [7] Economic Indicators - The market is closely watching the Fed's preferred inflation measure, the August PCE inflation data, to assess the impact of tariffs on price levels [8] - Upcoming economic data releases include August durable goods orders, the final Q2 GDP annualized rate, and initial jobless claims, which could indicate further economic weakness [8] Corporate Developments - President Trump signed a notice increasing the fees for H-1B visa applicants to $100,000, aiming to attract high-skilled workers [7][20] - This move has raised concerns among major U.S. companies like Amazon and Microsoft, which rely heavily on foreign tech workers [7] - Berkshire Hathaway has completely exited its investment in BYD, during which the stock price increased approximately 3890% [20] Stock Performance - Notable stock movements include Nvidia up 0.24%, Microsoft up 1.86%, and Apple up 3.20%, while Intel saw a decline of 3.24% [13][16] - Tesla received approval to test fully autonomous robot taxis in Arizona, which could impact its stock performance positively [24] Global Market Trends - European and Asian markets showed mixed results, with the UK FTSE 100 down 0.12% and the Nikkei 225 down 0.57% [15] - The U.S. dollar index rose by 0.3%, continuing its upward trend [18]