美股继续跌！英特尔被曝与台积电洽谈合作，大涨近9%

Market Overview - The US stock market experienced a slight decline, with major indices falling for three consecutive trading days due to economic data increasing uncertainty about the Federal Reserve's future interest rate cuts [3][6]. - The Dow Jones Industrial Average dropped by 173.96 points to close at 45,947.32, a decrease of 0.38%. The S&P 500 fell by 33.25 points to 6,604.72, down 0.50%, and the Nasdaq Composite decreased by 113.16 points to 22,384.70, also down 0.50% [3]. Sector Performance - Most sectors in the S&P 500 closed lower, with only the energy sector rising by 0.9% and the technology sector slightly increasing by 0.03% [4]. - Large-cap tech stocks showed mixed performance, with Tesla down 4.38%, Meta down 1.54%, and Amazon, Microsoft, and Google A declining by up to 0.94%. In contrast, Nvidia rose by 0.41%, and Apple increased by 1.81% [4]. Notable Company Movements - Intel saw a significant increase of 8.9% following reports of discussions with TSMC regarding potential investment or collaboration [5]. - The Nasdaq Golden Dragon China Index rose by 0.42%, with notable gains from companies like Kingsoft Cloud (over 6%), NIO, XPeng Motors, and Bilibili (over 4%), while Alibaba fell by 0.55% [5]. Economic Indicators - The US Labor Department reported a decrease of 14,000 in initial jobless claims, adjusted to 218,000, indicating resilience in the labor market [6]. - The Bureau of Economic Analysis revised the second-quarter GDP growth rate to an annualized 3.8%, the fastest in nearly two years, driven by strong consumer spending and business investment [6]. Federal Reserve Outlook - Statements from Federal Reserve officials have added uncertainty to the policy outlook, with Chicago Fed President Austan Goolsbee expressing concerns about rapid interest rate cuts amid ongoing inflation risks [6]. - Market expectations for a potential rate cut in October have decreased from approximately 92% to 83.4% following recent economic data [6]. Investor Sentiment - Investors are looking forward to upcoming quarterly earnings reports, especially given the high valuation levels in the stock market [7]. - Cherry Lane Investments' partner Rick Meckler noted that current valuations are historically high, but government support for large tech companies appears to facilitate their continued expansion [7]. Bond and Commodity Markets - In the bond market, the yield on the 10-year US Treasury rose by 3 basis points to 4.177%, while the 2-year yield increased by 6.5 basis points to 3.663% [7]. - In commodities, international oil prices showed mixed results, with WTI crude oil futures closing down 0.02% at $64.98 per barrel, while Brent crude rose by 0.18% to $68.58 per barrel [7].