Wallstreetcn
2024.08.30 13:30

US Stock Market Morning Session: The three major stock indexes are all rising, with popular Chinese concept stocks generally up

The U.S. PCE inflation data basically meets expectations, with the Nasdaq rising 0.78% at the opening, the S&P 500 up 0.47%, and the Dow up 0.22%; leading tech stocks are generally up, with Intel up over 5%, NVIDIA up over 1%; Dell up over 3%, with second-quarter earnings exceeding expectations, and AI server sales increasing by over 80% quarter-on-quarter. Many popular Chinese concept stocks are on the rise, with Alibaba up over 4%, XPeng up over 3%, and Pinduoduo up over 3%