- Driven by a strong August Composite PMI that eased economic cooling concerns, US stocks rebounded with all three major indexes rising.
- Major corporate developments featured Broadcom discussing $70 billion to $80 billion in debt financing to support AI companies, and Apple cutting over 200 jobs to reallocate resources toward artificial intelligence.
- Nvidia also advanced advanced talks to invest hundreds of millions of dollars in data center power developer Cloverleaf Infrastructure to secure AI infrastructure capacity.