Global Headlines | The three major U.S. stock indices close higher collectively, with a 97.3% probability that the Federal Reserve will keep interest rates unchanged

【US Stock Indexes】

On March 4 (Wednesday) Eastern Time, all three major U.S. stock indexes rose together. The S&P 500 index rose 0.78% to 6869.50; the Dow Jones index rose 0.49% to 48739.41; the Nasdaq index rose 1.29% to 22807.48.

【US Treasuries】

On March 4, the benchmark 10-year U.S. Treasury yield was 4.09%, while the 2-year U.S. Treasury yield—most sensitive to the Federal Reserve’s policy rate—was 3.54%.

【Popular U.S. Stocks】

Among popular U.S. stocks, Nvidia rose 1.66%, Apple fell 0.47%, Google C fell 0.04%, Google A fell 0.15%, Microsoft rose 0.31%, Amazon rose 3.88%, TSMC rose 1.25%, Meta rose 1.93%, Tesla rose 3.44%, AMD rose 5.82%, and Intel rose 5.75%.

【Global Indexes】

【China Indexes】

On March 4, overnight Hang Seng Tech Index futures fell 0.82%. The Nasdaq China Golden Dragon Index rose 0.80%, while the FTSE China A50 Index fell 1.60%.

【China Concept Stocks】

Among popular China concept stocks, Tencent Holdings (Hong Kong) fell 0.88%, Alibaba fell 1.73%, PDD Holdings rose 0.48%, NetEase rose 1.32%, Baidu rose 0.23%, Trip.com fell 1.63%, Li Auto rose 1.00%, XPeng rose 1.81%, and NIO rose 5.23%.

【FX Commodities】

【Global Headlines】

Broadcom CEO: Expects Anthropic to bring a 3 GW compute demand in the 2027 (fiscal) year. Expects OpenAI to roll out chips in bulk in 2027. Meta’s custom chip roadmap “is being advanced, and the progress is good”

Broadcom CEO: Expects Anthropic to bring a 3 GW compute demand in the 2027 (fiscal) year. Expects OpenAI to roll out chips in bulk in 2027. Meta’s custom chip roadmap “is being advanced, and the progress is good”.

The probability that the Federal Reserve will keep interest rates unchanged in March is 97.3%

The probability that the Federal Reserve will keep interest rates unchanged in March is 97.3%

Federal Reserve Beige Book: Most regions expect the economy to show modest to moderate growth in the coming months

The Federal Reserve’s Beige Book on economic conditions shows that, overall, economic expectations are optimistic, and most regions expect the economy to show modest to moderate growth in the coming months. Among the twelve districts, the number of districts whose overall economic activity grew at a slightly to moderately paced rate increased from the previous period’s four to five districts this period, while the number of districts reporting flat or declining economic activity rose from four in the previous period to five in the current period. Although consumer spending overall increased slightly, two Fed districts reported continued declines, and many reserve areas noted that economic uncertainty, rising price sensitivity, and lower-income consumers cutting back spending suppressed sales.

Nvidia CEO Jensen Huang: Investing $30 billion in OpenAI and $100 billion is not under consideration

Nvidia CEO Jensen Huang said that investing $30 billion in OpenAI and $100 billion is not under consideration. There may not be an opportunity to invest $100 billion in OpenAI because the company is about to go public; the $10 billion investment in Anthropic is very likely to be the last one.

Tesla: February new EV sales in the UK fell 45.21% year over year to 2,208 units

Tesla’s February new EV sales in the UK fell 45.21% year over year to 2,208 units.

The White House says it has submitted the nomination of Kevin Wausch to the Senate to serve as the Chair of the Federal Reserve

The White House says it has submitted the nomination of Kevin Wausch to the Senate to serve as the Chair of the Federal Reserve.

Intel CFO: The server CPU market will grow significantly in 2026

Intel CFO said that the server CPU market will grow significantly in 2026, with strong demand for servers at scale. By 2027, supply will be an even bigger challenge, and shortages of storage chips will continue through 2027.

OpenAI’s next-generation AI models will have extremely strong reasoning capabilities

OpenAI’s next-generation AI models will have extremely strong reasoning capabilities. (Sina Finance)

US February S&P Global services PMI final reading 51.7, expected 52.3, prior 52.3

US February S&P Global services PMI final reading 51.7, expected 52.3, prior 52.3. US February S&P Global composite PMI final reading 51.9, expected 52.3, prior 52.3.

Apple says MacBook Neo laptop has a starting price of $599

Apple says MacBook Neo laptop has a starting price of $599. (Sina Finance)