证券时报·2025-09-04 00:11Core Viewpoint - The article discusses the mixed performance of the US stock market, highlighting the rise of tech stocks, particularly Alphabet, and the implications of potential interest rate cuts by the Federal Reserve. Group 1: Stock Market Performance - The Dow Jones Industrial Average fell by 24.58 points, a decrease of 0.05%, closing at 45,271.23 points; the Nasdaq rose by 218.10 points, an increase of 1.02%, closing at 21,497.73 points; the S&P 500 index increased by 32.72 points, a rise of 0.51%, closing at 6,448.26 points [2] - Tech stocks saw a broad increase, driving the Nasdaq and S&P 500 indices higher, while energy and bank stocks struggled due to ongoing concerns about economic slowdown and rising bond yields [3] - American Bank reported a significant influx of funds into small-cap stocks, with clients purchasing $1.5 billion worth of small-cap/micro-cap stocks and ETFs, marking the second-largest weekly purchase since 2008 [3][4] Group 2: Federal Reserve and Economic Indicators - Raphael Bostic, President of the Atlanta Federal Reserve Bank, reiterated that a rate cut this year is appropriate, contingent on inflation and labor market conditions [8] - The July job openings data showed a decline of 176,000 positions, bringing the total to 7.181 million, which was below economists' expectations [10] - The upcoming employment report is anticipated to show an increase of 75,000 non-farm jobs for August, with the unemployment rate expected to rise from 4.2% to 4.3% [11] Group 3: Company-Specific Developments - Alphabet's stock reached a historic high, closing up 9.14% at $233.12 billion, following a court ruling that allowed the company to avoid a breakup and maintain its agreements with Apple [12] - American Bitcoin made its debut on the Nasdaq after merging with Gryphon Digital Mining, with its stock price initially soaring over 100% before closing up 16.5% [6]