Global News | The three major U.S. stock indices closed higher collectively, with the Dow Jones up 1.05%

【U.S. Stock Indices】

On February 2nd (Monday), the three major U.S. stock indices closed higher, with the S&P 500 up 0.54% at 6,976.44 points; the Dow Jones up 1.05% at 49,407.66 points; and the Nasdaq up 0.56% at 23,592.11 points.

【U.S. Bonds】

On February 2nd, the benchmark 10-year U.S. Treasury yield was 4.29%, and the 2-year Treasury yield, most sensitive to Federal Reserve policy rates, was 3.57%.

【Popular U.S. Stocks】

Among popular stocks, NVIDIA fell 2.89%, Google Class C rose 1.88%, Google Class A rose 1.68%, Apple increased 4.04%, Microsoft declined 1.61%, Amazon rose 1.53%, Meta dropped 1.41%, TSMC rose 3.22%, Tesla fell 1.98%, Super Micro Semiconductor increased 4.03%, and Intel rose 4.99%.

【Global Indices】

【Chinese Indices】

On February 2nd, overnight Hang Seng Tech Index futures fell 3.61%, Nasdaq China Golden Dragon Index declined 0.65%, and FTSE China A50 Index dropped 1.44%.

【Chinese Concept Stocks】

In popular Chinese concept stocks, Tencent Holdings (HK) fell 1.24%, Alibaba declined 0.71%, Pinduoduo rose 2.39%, NetEase increased 0.19%, Baidu dropped 3.01%, Ctrip rose 1.04%, Li Auto declined 0.54%, Xpeng Motors fell 8.29%, and NIO dropped 3.94%.

【Forex and Commodities】

【Global News】

OpenAI founder Altman says NVIDIA’s AI chips are the best in the world; hopes to be a “super customer” long-term

OpenAI founder Altman states that NVIDIA’s AI chips are the best globally; he hopes to be a “super customer” in the long run. (Cailian Press)

Global capital targets Chinese assets; domestic ETFs go overseas to attract “fresh water”

In recent years, as global funds increase interest in Chinese assets, domestic ETFs are actively promoting “going overseas.” From photovoltaic and dividend ETFs to ChiNext and CSI 300 ETFs, and recently listing on the NYSE and HKEX with the CSI A500 ETF, domestic core ETFs are reaching the international stage through the Connect mechanism, providing global investors with more Chinese asset allocation tools. Meanwhile, overseas funds are also actively investing in Chinese assets. Data shows that recent active and passive foreign capital inflows have continued, with many China-themed ETFs listed in the U.S. seeing significant growth in January. Several international asset management giants, in their 2026 investment outlooks, believe Chinese stocks remain attractive, with the market expected to continue upward, especially in sectors like technology, healthcare, and new energy. (Shanghai Securities News)

Probability of the Federal Reserve holding interest rates steady in March is 91.1%

According to CME’s “FedWatch”: the probability of the Fed cutting rates by 25 basis points by March is 8.9%, with a 91.1% chance of holding rates steady. The chance of a cumulative 25 basis point cut by April is 22.5%, with a 76.0% chance of no change, and a 1.5% chance of a 50 basis point cut. By June, the probability of a 25 basis point cut is 45.9%. (Cailian Press)

President Trump says he will persist in the DOJ investigation of the Fed and see the results

U.S. President Trump states he will stick to the DOJ investigation into the Federal Reserve and see how it turns out. (Cailian Press)

President Trump says Fed chair candidate will do very well

U.S. President Trump states that the Fed chair candidate will do very well. (Cailian Press)

OpenAI reportedly dissatisfied with NVIDIA hardware processing speed

OpenAI is reportedly dissatisfied with the processing speed of NVIDIA hardware. (Cailian Press)

Elon Musk’s SpaceX confirms merger with AI company xAI in internal memo

Elon Musk’s SpaceX confirms in an internal memo that it will merge with AI company xAI. (Cailian Press)

U.S. stock indices close higher, Dow up 1.05%

The three major U.S. stock indices all closed higher, with the Dow up 1.05%, the S&P 500 up 0.54%, and the Nasdaq up 0.56%.

Federal Reserve’s overnight reverse repurchase agreement (RRP) volume is $10.415 billion

The Fed’s overnight RRP volume on Monday was $10.415 billion. (Cailian Press)

Fed’s Bostic says policy rates should remain in a mildly restrictive stance

Federal Reserve’s Bostic states that policy rates should stay in a mildly restrictive stance. If rates are cut, inflation is unlikely to fall to 2%. (Cailian Press)