Nvidia(US:NVDA) Xin Lang Cai Jing·2025-09-30 02:36Market Overview - US stock market rose on September 29, with the S&P 500 up 0.26% to 6661.21 points, the Dow Jones up 0.15% to 46316.07 points, and the Nasdaq up 0.48% to 22591.15 points, marking a second consecutive day of gains [2][3] - The Philadelphia Semiconductor Index reached a historical high during the session, closing up 0.16%, with Micron Technology rising 4.22% due to shortages in the DRAM and NAND flash markets, leading to expected price increases in Q4 and next year [3] Government Shutdown Concerns - The risk of a US government shutdown is a major focus for the market, with potential delays in key economic data releases, including non-farm payrolls [3][4] - The US Bureau of Labor Statistics (BLS) announced that a government shutdown would halt all operations and data collection, impacting the release of significant reports such as the monthly non-farm employment report [3][4] AI and Technology Sector - Concerns regarding the sustainability of AI-related investments are affecting market sentiment, with some traders questioning the ongoing collaboration between Nvidia and OpenAI [3] - Barclays' US equity strategy head noted that capital expenditures in the AI sector continue to drive market momentum, with no signs of a slowdown [3] Gold and Commodity Markets - Spot gold prices surged to a new historical high, surpassing $3830 per ounce, reflecting strong demand amid economic uncertainties [13] - Oil prices fell sharply, with WTI crude down 3.88% to $63.17 per barrel and Brent crude down 3.54% to $66.77 per barrel, influenced by OPEC+ plans to increase production [13] Corporate Developments - OpenAI launched an instant checkout feature in collaboration with Etsy and Shopify, allowing users to purchase items directly through ChatGPT, with over a million Shopify merchants expected to join the platform [14] - Etsy's stock rose nearly 16% following the announcement of this new feature, while Shopify's stock increased by over 6% [14]