Market Overview - The US stock market saw a collective decline with the Dow Jones down by 0.27%, S&P 500 down by 0.13%, and Nasdaq down by 0.07% [1] - Chinese concept stocks mostly rose, with the Nasdaq China Golden Dragon Index up by 1.76%, including NIO rising over 8% and Baidu over 7% [1] - European markets collectively fell, with the Euro Stoxx 50 down by 1.22% and the UK FTSE 100 down by 0.88% [1] Commodity Market - WTI crude oil futures rose by 1.93% to $64.52 per barrel, while Brent crude oil futures increased by 1.53% to $68.47 per barrel [2] - COMEX gold futures increased by 0.23% to $3727.5 per ounce, while silver futures decreased by 0.19% to $42.88 per ounce [2] Investment in AI Infrastructure - Major US tech companies announced plans to invest over $40 billion in AI infrastructure in the UK, with Microsoft committing $30 billion and Google planning to invest approximately $6.8 billion over the next two years [9] Pharmaceutical Investment - Eli Lilly announced a $5 billion investment to build a manufacturing facility in Virginia, aimed at enhancing the production capacity for targeted cancer therapies and other advanced treatments [12]

Market Overview - The three major U.S. stock indices closed lower amid cautious trading ahead of the Federal Reserve's interest rate decision, with expectations of a 25 basis point rate cut to counteract the deteriorating labor market [1] - The Dow Jones fell by 125.18 points (0.27%) to 45758.27, the Nasdaq decreased by 14.79 points (0.07%) to 22333.96, and the S&P 500 dropped by 8.49 points (0.13%) to 6606.79 [3] Economic Indicators - U.S. retail sales data for August showed a higher-than-expected increase, indicating strong consumer spending, but did not alter market expectations for a rate cut [1] - Principal Asset Management's global chief strategist noted that while labor demand is slowing, the risk of recession remains limited, suggesting a moderate 25 basis point cut is more appropriate than a larger reduction [2] Sector Performance - In sector performance, utility ETFs fell by 1.82%, regional bank ETFs dropped by 1.04%, and technology sector ETFs saw a maximum decline of 0.35%, while energy sector ETFs rose by 1.68% [3] Notable Stock Movements - Major tech stocks had mixed results, with Tesla up 2.82%, Meta up 1.87%, and Amazon up 1.13%, while Microsoft fell by 1.23% and Nvidia dropped by 1.61% [4] - Webtoon Entertainment's stock surged by 39% following a partnership with Disney to launch a new digital comic platform [4] - New Fortress Energy's stock skyrocketed by 45% after securing a $4 billion, seven-year agreement to supply liquefied natural gas to Puerto Rico [4] Company Developments - Eli Lilly announced a $5 billion investment to build a manufacturing facility in Virginia to enhance production of targeted cancer therapies and other advanced treatments, resulting in a 2.2% increase in its stock price [6] - Google, in collaboration with over 60 organizations, launched the Agent Payments Protocol (AP2) to facilitate secure AI-driven payment processing across platforms [6] - Novo Nordisk reported positive results from a late-stage trial of its new weight loss drug Cagrilintide, showing an average weight loss of 11.8% compared to 2.3% in the placebo group [7] - Microsoft plans to invest over $30 billion in the UK over the next four years, including $15.5 billion for capital expansion and $15.1 billion for business operations [8]