According to CNA, on Monday (4) EST, the momentum of the continued rise of U.S. stocks suspended, the three major stock indexes fell collectively. As of the close, the Dow fell 0.25%, the Nasdaq fell 0.41%, and the S&P 500 fell 0.12%.
In the news, Atlanta Fed President Bostic expects the Fed to cut interest rates for the first time in the third quarter, and then will hold off once to assess the impact of the policy shift on the economy. In a separate opinion piece published on the Federal Reserve Bank of Atlanta's Web site, Bostic said he is concerned that businesses are too active and that the large amount of new demand unleashed by the rate cut could exacerbate price pressures.
On the disk, most of the chip stocks rose, NVIDIA rose 3.6% to a new high, the total market capitalization of 2.13 trillion U.S. dollars, surpassing Saudi Aramco to become the world's third-largest listed company in terms of market capitalization; Intel rose more than 4%, TSMC rose more than 3%, Qualcomm rose more than 2%, Ultraviolet Semiconductor, Asmax and so on followed the rise. Large technology stocks lower across the board, Tesla fell more than 7%, Apple, Google fell more than 2%, Amazon, Nifty, Facebook, Microsoft are down.