U.S. stocks fluctuated within a narrow range on Wednesday (September 4), with the three major indexes closing with mixed gains. As of the close, the Dow Jones index rose 0.09% to 40,974.97

On the previous trading day, Tuesday, the three major U.S. stock indexes all suffered their largest single-day declines since August 6. In early trading on September 4, data released by the Bureau of Labor Statistics showed that the number of job vacancies in the United States at the end of July was 7.673 million, significantly lower than the market expectation of 8.1 million. This number reflects that the U.S. job market is softening and a recession is possible. Sexuality has increased. The "Beige Book" released by the Federal Reserve during the session stated that only 3 of the 12 regions reported a slight increase in economic activity, and the number of regions with flat or declining economic activity increased from 5 in July to 9 recently.

In terms of popular stock performance, most large technology stocks ended lower. (Arranged by market value) Apple fell 0.86%, Microsoft fell 0.13%, Google C fell 0.50%, Amazon fell 1.66%, Meta Platforms rose 0.19%, and Tesla rose 4.18% . After Nvidia plunged 9.53% the previous day, it fell another 1.66% on September 4, with a cumulative drop of 11.02% in two days. However, the latest news shows that Nvidia said it had not received a subpoena from the Department of Justice. The Philadelphia Semiconductor Index rose 0.25%. Among its constituent stocks, NVIDIA's main competitor AMD (AMD) rose 2.87%, Wolfspeed rose 4.58%; Intel fell 3.33%, and ASML fell 4.01%.

Market views are divided on the subsequent trend of U.S. stocks. Ed Yardeni, a long-term bull on Wall Street and president of investment consulting firm Yardeni Research, recently said that the "volatility" in the U.S. stock market may continue until the election, after which it is expected to climb back to historical highs. He believes that whether the market can return to all-time highs depends in part on the outcome of the U.S. election, and that political gridlock is the best-case scenario for the market.

(Personal learning point: Affected by the US stock market, BTC also dropped) Is this what you mean?