
AI-generated summary
U.S. Treasury yields are at multi-decade highs, continuing to weigh on stocks. U.S. and Iranian negotiators in New York are considering a deal that would end the Middle East conflict in phases, in which Iran would reopen the Strait of Hormuz and the United States would lift its economic blockade on Tehran.
U.S. stocks were mixed on Thursday. (Bloomberg)
[Instant News/Comprehensive Report] U.S. government bond yields are at a multi-decade high, continuing to put pressure on the stock market. U.S. stocks were mixed on Thursday, with the Dow Jones Industrial Average falling 161.61 points or 0.31% for the third time in a row. 500 Index fell slightly by 0.02%, the Nasdaq Index rose slightly by 0.01%, the Philadelphia Semiconductor Index fell by 0.33%, and TSMC ADR rose by $4.58, 1.03%, to close at $451.15.
Comprehensive foreign media reports, Reuters quoted sources as saying that negotiators from the United States and Iran in New York are considering an agreement that would end the conflict in the Middle East in phases. Iran would reopen the Strait of Hormuz and the United States would lift its economic blockade on Tehran. Stocks rebounded from their lows on the news.
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However, oil prices and bond yields remain high. Brent crude oil prices rose more than 3% to settle above $106 a barrel. U.S. West Texas Intermediate crude futures rose 2.7% to settle at $94.61 a barrel. The 30-year U.S. Treasury yield hit a high of 5.501%, the highest since June 2004. As yields soar, so do market expectations that the central bank will raise interest rates. According to the CME Group's FedWatch tool, the probability that the Fed will raise interest rates again in October is close to 71%.
Oracle fell 3.5% on Thursday after news broke that the company issued a notice that in the event of delays in the "Jupiter Project", a large data center in New Mexico, Oracle would invoke a "force majeure" clause to delay payment. Other large stocks such as Huida fell 0.41%, Microsoft fell 0.53%, Apple fell 0.33%, Amazon rose 0.04%, Meta rose 4.50%, Alphabet rose 1.2%, and Tesla fell 0.57%.
The Dow Jones Industrial Average fell 161.61 points, or 0.31%, to close at 51,349.98 points.
The S&P 500 index fell 1.90 points or 0.02% to close at 7704.13 points.
The Nasdaq Composite Index rose 3.34 points, or 0.01%, to close at 26939.38 points.
The Philadelphia Semiconductor Index fell 41.74 points, or 0.33%, to close at 12,492.54 points.
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AI outlook — possibilities, not facts
The likelihood of the Fed raising interest rates again in October will remain high
Likely · Within weeks
TSMC ADR will fluctuate in the short term due to the progress of US-Iran negotiations
Possible · Within days

U.S. Treasury bonds suffered a sell-off, with the 30-year yield hitting 5.44%, the highest since 2004; the 10-year yield hit 5.133%, a new high since July 2007. Affected by rising oil prices, inflationary pressure, strong economic data in the United States and expectations of interest rate hikes, public bonds in Japan, Germany, the United Kingdom and other places also fell simultaneously, creating a "perfect storm" in the global bond market.

The European Commission urges China to address the widening EU-China trade imbalance by next month, warning of potential protectionist measures. The article argues that China’s industrial success stems from its ecosystem scale, domestic competition, and supplier networks—not just overcapacity—and suggests shifting toward domestic consumption and exporting industrial know-how to create mutual benefits with trading partners.

US mortgage rates have exceeded 7.0 per cent, reaching their highest level since Donald Trump returned to the presidency, with the 30-year fixed-rate mortgage averaging 7.03 per cent as of Thursday, up from 6.30 per cent a year ago, according to Freddie Mac data, as voters grapple with high costs of living ahead of midterm elections.

On the evening of September 24, Yinchuan Yuecai City Commercial District launched the "Toast a Glass to Helan Mountain and Taste Ningxia Cuisine" 2026 new flavor co-creation season. The fusion and matching of Ningxia specialty dishes and wine from the eastern foot of Helan Mountain was demonstrated on-site. Through activities such as open food markets, intangible cultural heritage handicraft experiences, and mooncake making, it promoted the upgrading of catering quality and explored new scenarios of the integration of catering + wine + cultural tourism + performing arts.

Germany's five major economic research institutions released their autumn reports on September 24, raising their GDP growth forecasts to 1.3% in 2026 and to 1.1% in 2027. Experts point out that despite a recovery driven by exports and artificial intelligence boom, Germany is still plagued by challenges such as high energy prices, an aging population and structural policy uncertainty.

On September 24, the pure car and truck carrier "Grand Egypt" was delivered and set sail in Nantong, Jiangsu under the escort of Nantong Maritime Safety Administration. The ship has a total length of 220 meters, can carry 9,800 vehicles, is equipped with ammonia fuel power upgrade conditions, and represents the high-end ship level of China's green and intelligent manufacturing.