#US stocks 1 hour and 30 minutes after opening, let's take a look at the trend of US stocks.
The four major indexes, Nasdaq, S&P, Dow Jones and Russell, all rose, with the Dow leading the gains, followed by Russell and S&P, and finally Nasdaq.
The high increase in the Dow Jones Industrial Average mainly came from 3M's upward revision of its full-year earnings forecast, resulting in a single-day increase of 17%, which led to the best increase in the entire Dow Jones Industrial Average.
The current general rise in US stocks has allowed technology stocks to get rid of the haze of the AI bubble in the short term, and thus they are encouraged by today's economic data leading to a September interest rate cut.
At present, the small-cap stocks in the US stock market have risen well, and the US stock market is currently in the stage of sector rotation.
Tonight, the crypto market needs to wait for two opportunities to rise, the 0 o'clock stage, and the 04:00 stage when the US stock market is closed.
Of course, as long as the upward trend continues, Asian trading hours should help consolidate the upward sentiment.
At present, Wall Street traders are betting that the FOMC meeting next week will release a signal of a September interest rate cut. They are currently optimistic, but the final result is still to wait for the Federal Reserve's interest rate meeting next Thursday.
