On September 27, the three major indexes of the US stock market shook and sorted out, as of press, the Dow rose 0.05%, the Nasdaq rose 0.50%, and the S&P 500 index rose 0.28%.
Among individual stocks, UBS fell more than 3 percent as a U.S. investigation into sanctions violations intensified.
Faraday Future shares fell more than 12 percent after the company entered into an ATM equity offering and sale agreement, which allows the company to issue and sell through an underwriting agent up to $90 million of Class A common stock.

Popular Chinese stocks were mixed, with Good Future, New Oriental up more than 6 percent and Beigene up more than 3 percent.

World News

The budget is difficult to pass the impact of the US government shutdown
At present, less than a week before the start of the new fiscal year in the United States on October 1, and at present, the two parties are engaged in a new round of battles over the new fiscal year appropriations, and the two sides still have clear differences. House Republicans recently introduced a short-term funding bill with a series of restrictions on the government. There is no consensus within the Republican Party, much less a chance of winning support from Democrats. If the two parties cannot reach an agreement in the final days, the U.S. federal government will be plunged into the 22nd "shutdown" in history.
When the Treasury sell-off is a source of panic: What does a rare positive term premium mean?
Before last week's Fed meeting, investors had expected some Fed officials to signal that they now expect fewer rate cuts next year than previously forecast. In the end, the officials' forecasts for interest rates by the end of 2024 were even higher than market expectations, reflecting a broad shift in attitudes among officials. But if veteran bond traders take a closer look, they will notice something else unusual behind the surge: the term premium on Treasuries, a key measure of how much bond investors are compensated for holding long-term debt, has also turned positive for the first time in more than two years.
The US stock market engine is completely dumb? The "Big Seven" quietly lost more than $1 trillion in market value
Since the beginning of this year, the US technology industry "seven giants" have dominated the rise of the S&P 500 index, these companies are once known as the FAANG Apple, Microsoft, Google, Amazon, Meta and later into the combination of Nvidia and Tesla. At one point in July, the combined market value of the "Big Seven" reached an eye-popping $11.5 trillion, almost three times the size of the German economy. As investors bet on the hype around artificial intelligence, these large tech stocks were the main force driving US stocks in the first half of this year, and it is these market leaders that led US stocks into a "technical bull market" in the first half of the year. Now, however, the main engine driving up the trend of US stocks this year is undoubtedly on fire...
The Federal Reserve "twelve tiger Chen" Kashkari's latest document: there is a 40% probability that there will be a significant interest rate hike
On Tuesday local time, Minneapolis Fed President Kashkari published on the official website a lot of policy tightening, but is it Enough? In the paper, he gave his expectations for the future policy path: the probability of one more rate hike is over, but the probability of further significant rate hikes is also as high as 40%. As previously reported, Kashkari was among the 12 Fed officials who supported another rate hike at the September meeting, and he was not the most hawkish - one Fed member expects the policy rate to be above 6% by the end of next year.
Musk lashed out at the United Auto Workers: You are forcing the Big Three auto bankrupt!
Tesla CEO Elon Musk lashed out at the United Auto Workers on Tuesday, saying the union's demands would "put General Motors, Ford and Chrysler on the fast track to bankruptcy." The UAW is in the midst of a rare simultaneous strike against Detroit's Big Three automakers - Ford, General Motors and Stellantis NV - that has been going on for nearly two weeks. Although the union has reduced its demand for a pay rise from 40 per cent to 36 per cent, the differences between management and management remain intractable. The union is also demanding a 32-hour workweek and improved benefits.
Company news

Have you lost touch with OpenAI? Microsoft is said to be working on its own lower-cost AI
Microsoft's progress in artificial intelligence (AI) seems to be inseparable from OpenAI. Microsoft is funding OpenAI in exchange for access to its cutting-edge technology. But as the cost of running advanced AI models continues to rise, Microsoft's researchers and product teams are working on PlanB. Developing so-called "refined" models that will mimic the quality of larger models like GPT-4, but are smaller and much cheaper to operate. In recent weeks, Peter Lee, the director who oversees Microsoft's 1,500 researchers, has instructed them to develop conversational AI that may not perform as well as OpenAI's, but is smaller and much cheaper to operate, according to a Microsoft source.
Tonight! Meta will hair a new generation of VR headsets the most complete summary
The Meta Connect 2023 conference will be held in the United States on September 27-28 local time, where the new generation of VR headsets Meta Quest 3 will be released. According to TechCrunch, Toms Guide and other tech media reports, Meta Quest 3 is the next generation of Quest 2, and its price is similar to the Quest 2, 128GB of storage of the Quest 3 will be priced at $499. Models with more storage are more expensive, and the 512GB Quest 3 is expected to cost $649.
Will Amazon be broken up? The FTC joined 17 states in an antitrust lawsuit accusing it of abusing its monopoly position to drive up prices
After months in the making, US regulators have taken action against the e-commerce giant Amazon. On September 26, the Federal Trade Commission (FTC) and 17 state attorneys general filed a sweeping antitrust lawsuit against Amazon in federal court in Seattle, accusing the company of abusing its "monopoly position" to raise prices, reduce the consumer experience and illegally squeeze out competitors, undermining fair competition. According to the analysis, once the FTC wins the case, Amazon may be required to restructure.
Tesla has adopted integrated die casting technology to achieve rapid casting cost reduction of 40%
Shanghai Securities News reporter recently learned that as an important innovation achievement of Tesla Shanghai Super factory, integrated die casting is promoting a new round of production changes in the automotive industry. At present, from upstream equipment to downstream vehicles, a number of Chinese enterprises have been laid out in this innovative industrial chain, which is expected to improve or optimize Chinese automobiles in terms of body lightweight and production costs. "Integrated die casting innovations are disruptive to the automotive industry." Yan Jinghui, a member of the expert committee of the China Automobile Circulation Association, analyzed that Tesla's new integrated die casting helps cars achieve lightweight, and while the labor cost of new energy vehicles is reduced, the driving range can also be improved.
OpenAI is reportedly seeking to sell shares at a valuation of up to $90 billion
Us technology company OpenAI is discussing a possible share sale with investors, according to media reports citing sources, as the artificial intelligence (AI) startup seeks to sell shares at a valuation of $80 billion to $90 billion, nearly triple its valuation earlier this year. OpenAI told investors it expects to reach $1 billion in revenue this year and billions more next year. As the developer of ChatGPT, OpenAI's main source of revenue is to charge individuals to provide them with more powerful ChatGPT, and to license the use of large language models to enterprises.