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U.S. stocks rose, with Palantir gaining more than 14%.
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IntroductionThe Three Major U.S. Stock Indexes Rise, Palantir Up Over 14%On Monday, all three major U.S. stock i ...
The Jindao foreign exchangeThree Major U.S. Stock Indexes Rise, Palantir Up Over 14%
On Monday, all three major U.S. stock indexes rose as the market's focus turned to the upcoming release of August CPI and PPI inflation data to gauge the Federal Reserve's rate cut decisions. As of press time, the Dow Jones Industrial Average was up 1.20%, the Nasdaq Composite was up 1.16%, and the S&P 500 was up 1.16%. Palantir (PLTR.US) closed up by over 14% after being added to the S&P 500, marking its largest single-day gain since February. Oracle (ORCL.US) closed down by 1.35% but rose 8.8% after hours.
European Stocks Modestly Rise
The UK's FTSE 100 rose by 0.67%, the Euro Stoxx 50 increased by 0.65%, Germany's DAX 30 went up by 0.60%, and France's CAC 40 rose by 0.41%.
Commodity and Cryptocurrency Markets
Gold futures increased by 0.43%, silver futures rose by 1.59%. Bitcoin surged by 4.5% to $57,403.55, and Ethereum climbed by 3%. WTI crude oil futures were up 1.53%, while Brent crude futures rose by 1.10%.
Macroeconomic Data and Market Outlook
Data from the New York Federal Reserve showed that inflation expectations for August remained largely stable, although expectations for the rise in prices of gasoline and rent increased. The Federal Reserve reported that total consumer credit in the U.S. rose by $25.5 billion in July, the largest increase this year. Additionally, Morgan Stanley remains cautious on emerging market bonds, believing that Federal Reserve rate cuts are unlikely to trigger significant capital inflows.

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
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