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overnight stock market

on tuesday, eastern time, the three major u.s. stock indexes closed with mixed gains and losses. the nasdaq rose 0.20%, the s&p 500 rose 0.03%, hitting an intraday record high, and the dow fell 0.04%, also hitting an intraday record high. the market is currently waiting for the federal reserve's interest rate decision.

popular chinese concept stocks rose across the board, with the nasdaq china golden dragon index up 1.83%. li auto rose more than 12%, futu holdings and iqiyi rose more than 4%, bilibili rose more than 3%, and weibo, manbang and jd.com rose more than 2%.

major european stock indices closed higher, with the stoxx europe 50 index up 0.69%, germany's dax 30 index up 0.5%, france's cac 40 index up 0.51% and the ftse 100 up 0.38%.

commodity market

comex gold futures fell 0.47% to $2,596.80 an ounce; comex silver futures fell 0.29% to $31.045 an ounce.

the settlement price of wti crude oil futures rose by $1.10, or 1.57%, to $71.19 per barrel. the settlement price of brent crude oil futures rose by $0.95, or 1.31%, to $73.70 per barrel.

bitcoin posted its biggest intraday gain in more than a month on tuesday as the prospect of a rate cut by the federal reserve is expected to boost demand for speculative assets. bitcoin rose as much as 6.4% to $61,337, its biggest intraday gain since august 8. smaller cryptocurrencies such as ethereum, dogecoin and solana also rose.

market news

[lebanese hezbollah: israel should bear full responsibility for the pager explosion]

hezbollah issued a statement on september 17 local time, saying that israel should be held fully responsible for a series of pager explosions that occurred in many places across lebanon that day, and "israel will be punished for this." handheld pager explosions occurred in beirut, the capital of lebanon, and many places in southeastern and northeastern lebanon on the 17th. the lebanese minister of health said that the incident has caused 8 deaths and 2,750 injuries. it is reported that the iranian ambassador to lebanon was also slightly injured in the pager explosion and is currently receiving treatment in the hospital and is in good condition.

[us state department: the united states was not involved in the lebanese pager explosion]

u.s. state department spokesman matthew miller said at a briefing on september 17 local time that the united states is collecting relevant information about the pager explosion in lebanon and stressed that the united states was not involved. miller also said that the united states has not assessed who may be behind the pager explosion.

[egyptian foreign minister: there is a danger of escalation and all-out war in the middle east]

egyptian foreign minister abdel ati warned on the 17th that there is a danger of escalation of the regional situation in the middle east and a full-scale regional war. he stressed that dangerous developments are taking place in southern lebanon and that the middle east is at a dangerous turning point due to irresponsible and reckless unilateral actions, which will cast a shadow on regional stability.

[blackrock and microsoft plan to raise $30 billion for artificial intelligence investment, nvidia will provide support]

blackrock and microsoft are joining forces to invest in data centers and other infrastructure that supports artificial intelligence. the strategy, called the global ai infrastructure investment partnership, aims to attract $30 billion in private equity and use that money to invest up to $100 billion, the companies said in a statement. infrastructure investments, including energy projects, will be primarily in the united states, with some of the funds deployed in partner countries, according to the statement. "mobilizing private capital to build ai infrastructure such as data centers and energy projects will unlock trillions of dollars in long-term investment opportunities," blackrock ceo larry fink said in the statement. the companies are also working with global infrastructure partners and abu dhabi's mgx, which was formed this year specifically to invest in artificial intelligence. nvidia will support the alliance with its expertise in ai data centers and factories. the chipmaker has invested heavily in developing software, networks and other technologies.

[potential successor to the federal reserve chairman waller does not welcome trump's idea of ​​interfering with the independence of the federal reserve]

former u.s. president donald trump wants the white house to have a say on interest rates, an idea that a fed governor considered likely to succeed powell as chairman is not impressed with. earlier in september, waller was asked about trump's views and noted that congress and financial markets strongly support the fed having autonomy in setting interest rates. "if the president wants to complain about it, he can do so like anyone else," waller said. "he has the right to make those damn opinions, but that doesn't mean i have to listen or adjust policy."

[“new bond king” gundlach: the federal reserve is expected to cut interest rates by 50 basis points on wednesday]

doubleline capital ceo jeffrey gundlach has joined a growing group of people betting that the federal reserve will start a rate cut cycle by 50 basis points on wednesday. he predicts the fed may cut its benchmark interest rate by 50 basis points on wednesday and a total of 125 basis points by the end of the year. he said he believes the u.s. economy is already in a recession and that the fed has been tightening policy for too long.

[the united states will seek to purchase up to 6 million barrels of oil to replenish strategic reserves]

the biden administration will seek to buy up to 6 million barrels of oil for the strategic petroleum reserve, according to people familiar with the matter. the biden administration will reportedly announce a bid as early as wednesday to buy oil to be shipped to the bayou choctaw reserve in louisiana.

[jpmorgan chase is in talks with apple to take over the latter's credit card business]

jpmorgan chase is in talks with apple to take over goldman sachs' apple credit card business. according to a person familiar with the matter, jpmorgan chase is one of many credit card issuers exploring taking over goldman sachs' apple credit card business. the cooperation with goldman sachs originally began about five years ago when the wall street giant tried to consolidate its consumer banking business, but later gradually withdrew. reports say that the deal may still take several months to reach, and there is no guarantee that a deal will be reached because key details such as price are still to be negotiated. apple has also contacted several potential successors, including synchrony financial and capital one financial corp.

(niu zhanlin, cailianshe)