Apple(US:AAPL) Xin Lang Cai Jing·2025-09-29 00:56Market Overview - The U.S. economy shows resilience as recent data weakens dovish rate cut expectations, leading to a pause in the upward momentum of U.S. stocks, with all three major indices recording limited declines last week [1] - The Dow Jones index rose by 0.65% to 46,247.29 points, the S&P 500 increased by 0.59% to 6,643.70 points, and the Nasdaq gained 0.44% to 22,484.07 points, although all indices recorded weekly declines [2] - The Nasdaq and S&P 500 experienced their first weekly declines in four weeks, down 0.65% and 0.31% respectively, while the Dow Jones fell by 0.15% [2] Economic Data - The U.S. Personal Consumption Expenditures (PCE) price index for August showed a year-on-year increase of 2.7% and a month-on-month rise of 0.3%, both in line with market expectations [4] - The core PCE price index also met expectations, with a year-on-year increase of 2.9% and a month-on-month rise of 0.2%, reinforcing market expectations for two more rate cuts by the Federal Reserve this year [4] - Strong employment data and a significant upward revision of Q2 GDP to 3.8% slightly dampened bullish sentiment, as a decrease in unemployment claims suggested a stable economic condition [4][6] Company News - Tesla is expected to report strong Q3 delivery numbers, driven by consumer purchases ahead of the expiration of electric vehicle subsidies on September 30 [6] - Meta's Chief Technology Officer revealed plans to invest billions in humanoid robot development, comparable to previous investments in augmented reality, under the internal project name "Metabot" [20] - Apple is set to launch its first M5 chip iPad Pro and an upgraded Vision Pro in October, along with new MacBook models and displays in the coming months [21]