
U.S. stocks rebounded across the board by 1%, Apple's stock price rose after releasing new products, short-term bond yields, the U.S. dollar, and commodities all rose in unison

Awaiting inflation data and the US presidential debate, the Dow rose nearly 500 points, while the S&P and Russell small-cap stocks halted their four-day decline. Chip stocks rose by over 2%, with NVIDIA up by 3.5% and Apple rebounding after a 1.9% drop. Nio surged by around 11%, while Oracle, with positive earnings reports, rose by 9% after hours. The Fed's significant interest rate cut bet on a retreat, with the two-year/10-year US Treasury yield curve ending its two-day inversion. The Japanese yen halted its four-day rise, briefly falling by 1%, while the offshore Chinese yuan saw the deepest drop of 300 points, breaching 7.12 yuan. Spot gold rose above $2500, and oil prices surged by over 1%
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

