Global News | The three major U.S. stock indices closed higher collectively, with the Dow Jones up 1.05%

【U.S. Stock Indices】

On Monday, February 2nd, Eastern Time, the three major U.S. stock indices all closed higher, with the S&P 500 up 0.54% at 6976.44 points; the Dow Jones up 1.05% at 49407.66 points; and the Nasdaq up 0.56% at 23592.11 points.

【U.S. Bonds】

On February 2nd, the benchmark 10-year U.S. Treasury yield was 4.29%, and the yield on the 2-year Treasury, most sensitive to Federal Reserve policy rates, was 3.57%.

【Popular U.S. Stocks】

Among popular U.S. stocks, Nvidia fell 2.89%, Google Class C rose 1.88%, Google Class A rose 1.68%, Apple rose 4.04%, Microsoft fell 1.61%, Amazon rose 1.53%, Meta fell 1.41%, TSMC rose 3.22%, Tesla fell 1.98%, Super Micro Semiconductor rose 4.03%, and Intel rose 4.99%.

【Global Indices】

【China Indices】

On February 2nd, overnight Hang Seng Tech Index futures fell 3.61%, Nasdaq China Golden Dragon Index declined 0.65%, and FTSE China A50 Index dropped 1.44%.

【Chinese Concept Stocks】

In popular Chinese concept stocks, Tencent Holdings (HK) fell 1.24%, Alibaba fell 0.71%, Pinduoduo rose 2.39%, NetEase rose 0.19%, Baidu fell 3.01%, Ctrip rose 1.04%, Li Auto fell 0.54%, Xpeng Motors fell 8.29%, and NIO declined 3.94%.

【Forex and Commodities】

【Global News】

OpenAI Founder Altman Says Nvidia’s AI Chips Are the Best in the World; Aims to Be a “Super Customer” Long-Term

OpenAI founder Altman stated that Nvidia’s AI chips are the best globally and hopes to be a “super customer” in the long run. (Cailian Press)

Global Capital Turns Focus to Chinese Assets; Domestic ETFs Going Overseas to Bring “Fresh Water”

In recent years, as global funds increase interest in Chinese assets, domestic ETFs are actively promoting “going overseas.” From photovoltaic and dividend ETFs to ChiNext and CSI 300 ETFs, and recently listing on the NYSE and HKEX with the CSI A500 ETF, domestic core ETFs are reaching the international stage through the Connect mechanism, providing global investors with more Chinese asset allocation tools. Meanwhile, overseas funds are also actively investing in Chinese assets. Data shows that recent active and passive foreign capital inflows have been sustained, with many Chinese-themed ETFs listed in the U.S. experiencing significant growth in January. Several international asset management giants recently released their 2026 investment outlooks, believing Chinese stocks remain attractive and the market is expected to continue upward, with sectors like technology, healthcare, and new energy worth special attention. (Shanghai Securities News)

Probability of the Federal Reserve Holding Rates Steady in March Is 91.1%

According to CME “FedWatch”: the probability of the Fed cutting rates by 25 basis points by March is 8.9%, and the probability of holding rates steady is 91.1%. The probability of a cumulative 25 basis point rate cut by April is 22.5%, with a 76.0% chance of no change, and a 1.5% chance of a cumulative 50 basis point cut. By June, the probability of a 25 basis point cut is 45.9%. (Cailian Press)

President Trump Says He Will Persist in Investigating the Federal Reserve

President Trump stated he will persist in the investigation by the Department of Justice into the Federal Reserve and see what the results are. (Cailian Press)

President Trump Says the Fed Chair Nominee Will Do Well

President Trump said the Fed chair nominee will do very well. (Cailian Press)

OpenAI Reportedly Dissatisfied with NVIDIA Hardware Processing Speed

OpenAI is reportedly dissatisfied with the processing speed of NVIDIA hardware. (Cailian Press)

SpaceX, Owned by Elon Musk, Confirms Merger with AI Company xAI in Internal Memo

SpaceX, owned by Elon Musk, confirmed in an internal memo that it will merge with AI company xAI. (Cailian Press)

U.S. Stock Indices Close Higher, Dow Up 1.05%

The three major U.S. stock indices all closed higher, with the Dow up 1.05%, the S&P 500 up 0.54%, and the Nasdaq up 0.56%.

Federal Reserve’s Overnight Reverse Repurchase Agreement (RRP) Usage Reaches $10.415 Billion

The Federal Reserve’s overnight RRP usage on Monday was $10.415 billion. (Cailian Press)

Fed Bostic Says Policy Rate Should Remain in Mildly Tight Stance

Federal Reserve Bostic stated that the policy rate should remain in a mildly restrictive stance. If rates are cut, inflation is unlikely to fall to 2%. (Cailian Press)