US Stock Market Morning Session: US three major stock indexes are rising, while popular Chinese concept stocks are generally falling

Wallstreetcn
2024.10.08 13:32

Market expectations for the magnitude of the Fed's rate cut in November have been lowered, with the Nasdaq rising 0.52% at the opening, the S&P 500 up 0.46%, and the Dow up 0.29%; Nvidia rose nearly 2%; AMD rose over 2%, with the company stating that shipments in the current quarter exceeded 100,000 for its new liquid cooling solution GPU; "Metaverse First Stock" Roblox fell over 9%, with short-selling institution Xingdengbao stating that they have shorted Roblox. The Nasdaq China Golden Dragon Index fell by 5.41%, with most popular Chinese concept stocks experiencing a pullback, JD.com falling over 8%, Baidu falling over 7%, and Nio falling over 8%

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