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after the dow jones and s&p 500 hit new intraday highs overnight, japanese stocks also performed strongly at the opening.

on september 17, local time, the three major u.s. stock indexes closed mixed, with the s&p 500 and dow jones hitting new highs and closing basically flat. chinese stocks performed well, with the nasdaq china golden dragon index closing up 1.83%, and rising more than 2.7% at one point during the session. in addition, digital currencies also performed strongly, with bitcoin posting its largest intraday gain in more than a month.

on september 18, japanese stocks, which opened first, performed strongly. as of press time, the nikkei 225 index had expanded its gains to 1.3%.

this week, the world will start the "super central bank week", and the focus of the financial market will be the interest rate decisions announced by the federal reserve and the bank of japan. in addition, the central banks of many countries such as the united kingdom, brazil, norway, and indonesia will also announce their latest interest rate decisions one after another, and european central bank president lagarde and several members will deliver speeches during the week.

dow jones, s&p 500 hit new intraday highs

on september 17, local time, the three major u.s. stock indexes closed with mixed gains and losses. as of the close, the dow jones industrial average fell 15.90 points, or 0.04%, to 41,606.18 points; the nasdaq rose 35.93 points, or 0.20%, to 17,628.06 points; and the s&p 500 rose 1.49 points, or 0.03%, to 5,634.58 points.

during the day, the dow jones industrial average rose to a high of 41,835.28 points and the s&p 500 rose to a high of 5,670.81 points, both setting new intraday all-time highs.

this week, the world will usher in "super central bank week", and the focus of the financial market will undoubtedly be the interest rate decision to be announced by the federal reserve in the early morning of september 19th, beijing time.

on the news front, the last major data before the federal reserve’s september interest rate meeting was released, attracting attention.

data released by the u.s. census bureau showed that u.s. retail sales increased by 0.1% month-on-month in august, significantly higher than the expected decline of 0.2%, but significantly lower than the 1% in the previous month. compared with the same period last year, the year-on-year growth rate of u.s. retail sales in august slowed to 2.1%. excluding automobiles, the core retail sales increased by 3.9% year-on-year, with a slight rebound in growth. excluding automobiles and gasoline, retail sales in august increased by 0.2% month-on-month, lower than the expected 0.3%, and it was the fourth consecutive month of growth.

data showed that the us retail sales in august amounted to $710.773 billion, compared with $709.668 billion in the previous month; the us core retail sales in august amounted to $576.478 billion, compared with $576.084 billion in the previous month. in terms of sectors, the august retail data was mainly supported by online retailers and healthcare, with retail sales increasing by 1.4% and 0.7% month-on-month, respectively. among them, online retailers' sales (adjusted) hit a record high.

analysts said that the unexpected increase in u.s. retail sales in august showed that u.s. consumer demand remained strong, adding new evidence of a soft landing for the u.s. economy.

after the data was released, the market still expects the federal reserve to cut interest rates sharply this week. the cme fedwatch tool shows that the probability of a 50 basis point rate cut remains at 67%, which is basically unchanged from before the retail data was released.

in addition to the federal reserve, central banks of many countries including japan, britain, brazil, norway, and indonesia will also announce their latest interest rate decisions.

large-cap technology stocks rose across the board, and chinese stocks were strong

large technology stocks rose across the board, with intel up more than 2%, amazon and netflix up more than 1%, apple, microsoft, tesla, google, and meta up slightly, and nvidia down more than 1%. accenture closed down 4.8%, its worst single-day performance since march. airline stocks rose, with hawaiian airlines up nearly 4% and american airlines up more than 3%.

intel closed up 2.68%, and once rose nearly 8% during the day. intel has received good news recently. not only did it finally meet the qualifications to manufacture semiconductor components for the pentagon, it is expected to obtain a contract of up to $3.5 billion to provide chips for the us military. it will also manufacture customized ai chips for amazon aws, establish a multi-year product and wafer supply cooperation framework, and plan to separate intel's foundry business (ifs) into a subsidiary. in addition, intel has worked hard to save cash flow and suspended factory projects in poland and germany for about two years. the plan to lay off 15,000 workers has been implemented more than half.

tesla's stock price once rose by more than 3% during the session and closed up 0.48%. recently, tesla announced that the 100 millionth 4680 battery officially rolled off the production line. it is reported that tesla has achieved large-scale production of 4680 batteries at its texas super factory, and plans to further expand production capacity and invest in expansion of its nevada factory to produce electric heavy-duty trucks semi and 4680 batteries, with a planned battery production capacity of 100gwh.

in addition, musk's brain-computer company neuralink said it has obtained breakthrough medical device certification from the u.s. food and drug administration (fda) for the "blindsight" project. the project is used to help blind people restore their vision and see the light again. devices with breakthrough device certification can obtain fda support earlier, thereby accelerating their research and development and market approval process.

chinese stocks performed strongly, with the nasdaq china golden dragon index closing up 1.83%, rising by more than 2.7% at one point during the session; the wind china concept stocks 100 closed up 2.05%, rising by nearly 3% at one point during the session.

in terms of individual stocks, dada group rose more than 21%, li auto rose more than 12%, gds rose more than 10%, futu holdings and iqiyi rose more than 4%, and bilibili rose more than 3%.

bitcoin surges

coinglass market data showed that bitcoin rose by more than 6% to $61,345 on tuesday, marking the biggest intraday gain in more than a month.

boosted by this, ethereum also surged during the session, reaching a high of $2,392.61.

market analysts believe that the prospect of a fed rate cut has boosted demand for speculative assets.

nick timiraos, a well-known macro journalist known as the "federal reserve's mouthpiece," recently said that the federal reserve will definitely cut interest rates this week, but it is still unclear whether the cut will be a larger 50 basis points or the traditional 25 basis points.