On Monday Eastern Time, the three major US stock indexes closed slightly lower. As of the close, the Dow Jones Industrial Average fell 0.25%, the Nasdaq fell 0.41%, and the S&P 500 index fell 0.12%. The performance of large technology stocks is divided, with Tesla falling more than 7%, Google falling nearly 3%, Apple falling more than 2.50%, and Meta, Amazon, Netflix, and Microsoft following suit. Some artificial intelligence concept stocks saw the highest gains, with ultramicro computers rising over 18%, setting a new historical high. The S&P Dow Jones Industrial Average announced that it will include ultramicro computers in the S&P 500 index. Intel rose more than 4%, while Nvidia rose more than 3%, continuing to reach a new historical high. TSMC rose over 3%, with Goldman Sachs reporting in its latest report that tight CoWoS packaging capacity is the main reason for the shortage of AI chips, and TSMC is at the core of increasing production capacity. ARM fell more than 2%, while Gexin, Ansemi Semiconductor, and STMicroelectronics fell more than 1%.
Most blockchain concept stocks fell, with Bitcoin falling more than 7%, Ninth City falling more than 5%, Marathon Digital falling nearly 5%, Bitmining falling more than 4%, and Jianan Technology and Xunlei falling more than 3%; Coinbase rose more than 11% against the trend.
The precious metal sector saw a general increase, with Kordaeron Mining up over 8%, Hekla Mining up over 5%, Iger Mining, Royal Gold, and Gold Fields up over 4%, and Pan American Silver and Barrick Gold up over 3%.
Most popular Chinese concept stocks fell, with the Nasdaq China Golden Dragon Index falling nearly 4%. Ideal Automobile fell more than 13%, Xiaopeng Automobile and Weibo fell more than 8%, NIO and Vipshop fell more than 7%.
Global News

What is the next direction for the Federal Reserve? This week, Powell's semi annual congressional testimony will determine the world
Several Federal Reserve officials have expressed in recent weeks that, given the potential resilience of the US economy, they can remain patient when deciding when to cut interest rates. Therefore, many industry insiders predict that Federal Reserve Chairman Powell may also emphasize in his testimony speech this week that there is no rush to cut interest rates, especially after the latest inflation data shows that price pressures continue to exist.
For the first time in history! The Nikkei 225 index rose above 40000 points! What happened to the sudden big news in Japan?
On March 4th, the Nikkei 225 index opened above the 40000 point mark, marking the first time in history, with a daily increase of 0.92%. As of press release, the Nikkei 225 index has risen 0.8% to temporarily close at 40228.99 points.
Federal Reserve's Half Year Monetary Policy Report: Not Urgent to Cut Interest Rates and Focus on Banking Risk Areas
On the 1st Eastern Time, the Federal Reserve released a report stating that although the pressure on the banking industry has subsided, there are still some weaknesses in financial stability. In addition, officials remain highly concerned about inflation risks.
Company News
Similarly at the peak of the day: NVIDIA's surge is like Tesla three years ago?
Nvidia's unstoppable upward trend is currently attracting more and more stock market participants and driving the S&P 500 index to continuously reach new highs. And this scene inevitably reminds people of another former market darling - it once soared due to the dream of technological change, but when these hopes turned into disappointment, the speed of falling was equally astonishing!
Apple kicked out of the "preferred stock" list? Goldman Sachs: It's all caused by poor iPhone sales!
According to reports, Goldman Sachs Group has removed Apple from its "best buy list" due to poor stock performance and market concerns about weak demand for its main products. The bank pointed out that concerns about long-term sluggish iPhone sales are the main reason for the adjustment.
The "new American car making force" that once competed with Tesla must now consider survival issues
A few years ago, the new forces of American car manufacturing, Rivian, Lucid, and Fisker, were all flourishing. With high investor interest, the market value of these electric vehicle manufacturers all climbed to a very high position, and they once had the momentum to challenge Tesla.
Apple Received EU Penalty of Over 1.8 Billion Euros: Preventing Spotify from Providing Third Party Payment Options
On March 4th, the European Union imposed a fine of 1.84 billion euros on Apple for preventing streaming music platform Spotify and other music streaming services from providing users with payment options outside of the Apple App Store.
The founder of Google admits that the Wenshengtu model messes up, and the CEO is criticized for not being good at preparing against the wind
The aftermath of the image generation problem with the large model Gemini under the technology giant Google is still ongoing, and the legendary founder of the company has also come forward to apologize for it.