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phoenix finance news: on september 12, the three major u.s. stock indexes fluctuated and consolidated. as of press time, the dow jones industrial average fell 0.11%, the nasdaq rose 0.46%, and the s&p 500 rose 0.22%.

gold stocks strengthened, with colderen mining rising more than 8%, hecla mining rising more than 4%, and gold fields rising more than 2%.

in the commodity market, spot gold rose by more than 1%, reaching an intraday high of $2,550 an ounce, setting a new all-time high.

on the news front, the number of first-time unemployment claims in the united states rose for the first time in three weeks, and the month-on-month increase in ppi in august was slightly higher than expected. according to cme's "fed watch", the market expects the fed to cut interest rates on september 19 with a 100% probability, including an 85% probability of a 25bp cut and a 15% probability of a 50bp cut.

global news

the european central bank cut its three major interest rates asymmetrically for the second time this year

on the 12th local time, the european central bank, headquartered in frankfurt, germany, decided to lower the deposit facility rate by 25 basis points to 3.5%, lower the refinancing rate by 60 basis points to 3.65%, and lower the marginal lending rate by 60 basis points to 3.9%. in june this year, the european central bank lowered all three key interest rates by 25 basis points, the first rate cut since it stopped raising interest rates in october last year. in july, the european central bank decided to keep the three key interest rates in the euro area unchanged.

the federal reserve’s mouthpiece has “set the tone” for a 25 basis point rate cut next week and two more meetings this year. what are your expectations?

with the us cpi data on wednesday exceeding expectations, the suspicion about the extent of the fed's interest rate cut next week is close to being settled. at a time when fed officials are collectively silent, nick timiraos, a well-known macro journalist known as the "fed's mouthpiece", wrote on wednesday that the continued weakening trend of inflation has paved the way for the fed to gradually lower interest rates starting next week, but the unexpected rise in housing inflation has made it difficult for officials to push for a larger rate cut.

has the us stock market peaked in the short term? wells fargo: three unfavorable factors will limit the rise

wells fargo still believes that the u.s. stock market may still not be able to break through the record high of 5669.67 points set this summer in the short term, and the previous months of gains may come to a temporary halt. wells fargo strategists warned that the u.s. stock market is unlikely to rise sharply in the coming months. in their view, the current valuation of the stock market is already the most reasonable level.

who will benefit the most from the imminent fed rate cut? goldman sachs predicts these us stocks

according to goldman sachs, there is one area of ​​the u.s. stock market that could see super-fast growth after the federal reserve cuts interest rates: mid-cap stocks, or those stocks whose market capitalizations are between small-cap and large-cap stocks. goldman sachs analysts said in a recent report that historically, mid-cap stocks have historically outperformed large-cap and small-cap stocks in the year after rate cuts. the bank expects the federal reserve to cut interest rates by 25 basis points at its policy meeting next week, followed by 25 basis point cuts in november and december.

company news

the demand is too strong! nvidia ceo huang renxun's latest statement

on wednesday, september 11, local time, nvidia ceo huang renxun attended the goldman sachs technology conference in san francisco, usa, and talked with goldman sachs ceo david solomon. during the meeting, he said: "tsmc's flexibility and ability to respond to nvidia's needs are incredible, so we let tsmc produce chips because they are excellent. but if necessary, we can certainly find other suppliers."

buffett sold stocks again and cashed in nearly $230 million! bank of america ceo praised him as a great shareholder

according to a new regulatory filing on tuesday (september 10), berkshire hathaway sold nearly 5.8 million shares of bank of america in the three trading days ending tuesday (september 6, 9 and 10), worth $229 million. it is worth mentioning that the average transaction price on tuesday was $39.30 per share, which was one of the lowest prices since he initially reduced his holdings of bank of america in july.

google's big model is under investigation! eu regulators investigate palm2 model over data privacy

ireland's data protection commission said it had opened an investigation into google's palm2 large model as part of a broader eu effort to regulate artificial intelligence, with other regulators in the 27-nation bloc examining how ai systems handle personal data.

taobao’s opening of wechat payment is officially effective!

seven days after the announcement, taobao's newly added wechat payment capability was gradually opened to all taobao sellers today. taobao announced in early september that it planned to add wechat payment capabilities, allowing merchants to access wechat payment methods. the announcement at that time showed that based on the addition of the above services, taobao has correspondingly upgraded its platform rules. the main changes are: the names, accounts, balances, transaction amounts, etc. related to payment service providers are standardized as "payment institutions", "payment accounts", "payment account balances", and "order transaction amounts".