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on monday, u.s. time, the market awaited the federal reserve's interest rate decision later this week. the market generally expected the fed to announce its first rate cut since march 2022. investors expect this decision to reduce companies' borrowing costs, increase overall corporate profits and promote economic growth. the three major u.s. stock indexes rose and fell on the day, with the dow jones industrial average rising 0.55%, setting a record closing high, the s&p 500 rising 0.13%, and the nasdaq falling 0.52% dragged down by the weakness of large technology stocks such as apple and tesla.

international gold prices fell slightly on the 16th

international gold prices fell slightly on monday. as of the close of the day, the main contract of gold futures on the new york stock exchange fell 0.07% to $2,608.90 an ounce.

intel to receive $3.5 billion in federal grants from us government

on the 16th, the company's stock price rose by more than 6%

on the company side, according to people familiar with the matter, american chip maker intel has reached an agreement with the us government and received a federal grant of up to $3.5 billion from the us government to produce chips for the pentagon. this news drove intel's stock price up 6.36% on monday, closing at $20.91 per share.

driven by expectations of a rate cut by the federal reserve

on the 16th, the yen-dollar exchange rate hit a new high in more than a year

in terms of exchange rates, the yen strengthened against the u.s. dollar on monday, breaking through 140 yen to the dollar and reaching 139.58 yen to the dollar, the highest level in more than a year. the main reason is that the bank of japan and the federal reserve will announce interest rate decisions this week. the market generally expects that the fed will cut interest rates, while the bank of japan will maintain interest rates unchanged or raise them. for example, sweden's nordea union bank said: "it is expected that interest rates in japan will rise, while interest rates in the united states will fall, so the interest rate differential is conducive to the strengthening of the yen." even if the bank of japan does not raise interest rates this time, judging from the signals released recently, it is very open to subsequent interest rate hikes, and further interest rate hikes may only be a matter of time. in addition to the weakening of the yen, the u.s. dollar index, which measures the u.s. dollar against six major currencies, also fell 0.35% to 100.763 on monday.

on the 16th, the three major european stock indexes showed divergent trends

the three major european stock indices also showed divergent trends at the close on monday, but the overall fluctuations were not large. the uk ftse 100 index rose 0.06%, the french cac40 index fell 0.21%, and the german dax index fell 0.35%.

international oil prices rose on the 16th

u.s. oil futures rose more than 2%

in terms of commodities, international oil prices rose on monday. as of the close of the day, the price of light crude oil futures for october delivery on the new york mercantile exchange closed at us$70.09 per barrel, an increase of 2.10%; the price of london brent crude oil futures for november delivery closed at us$72.75 per barrel, an increase of 1.59%. the reason for the rise in oil prices is, on the one hand, due to the market's expectation of the federal reserve's interest rate cut. investors believe that the interest rate cut may stimulate economic growth, thereby driving up demand for crude oil. on the other hand, after the hurricane, crude oil production activities in the gulf of mexico have gradually resumed, but nearly one-fifth of crude oil production is still in a state of suspension. market concerns about crude oil supply still support oil prices to a certain extent.