At the beginning of the US stock market trading session, the three major stock indexes collectively trended lower, with NVIDIA slightly up, and Rivian surged over 20%
Federal Reserve Governor Bowman reiterated that it is not appropriate to cut interest rates at the moment. FedEx rose by about 14% at one point, marking the largest increase in two years, with the company's annual profit guidance exceeding expectations
On Wednesday, June 26, Federal Reserve Board member Bowman reiterated that it is not yet appropriate to cut interest rates. At the beginning of the U.S. stock market trading session, the three major indices collectively declined, with the Dow Jones falling by 0.33%, the S&P 500 Index falling by 0.26%, and the Nasdaq falling by 0.11%.
Semiconductor stocks showed mixed performance, with NVIDIA slightly up and Micron Technology opening up by about 2%, now up by 0.4%.
Rivian, the U.S. electric vehicle manufacturer once known as the "Tesla killer," opened up by about 31%, now up by 24%. The company previously received a $5 billion investment from Volkswagen, with Volkswagen's CEO stating the possibility of establishing a hardware partnership with Rivian.
FedEx briefly rose by about 14%, marking its largest increase in two years, with the company's annual profit guidance exceeding expectations.
Chinese concept stocks showed mixed performance, with Bilibili dropping by about 1%.
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