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【US Stock Market Opening】US Stocks Continue Rally, Dow Opens 375 Points Higher, Nasdaq Up 0.6% (Continuously Updated)
U.S. stocks continued to rebound, with the Dow opening up 375 points at 47,321, the Nasdaq rising 0.6% to 22,507, and the S&P 500 up 44 points to 6,743. The market remains focused on the Iran conflict. President Trump previously requested European countries, Japan, South Korea, and others to assist the U.S. in ensuring the safety of navigation through the Strait of Hormuz, but some countries are “not enthusiastic” about this. He claimed that some of these countries are long-term allies protected by the U.S., and complained that although the U.S. protects them, they would not support the U.S. if it faces difficulties.
International oil prices narrowed gains to over 1%, with NYMEX crude rising 1.6% to $93.92 per barrel, and Brent crude up 1.1% to $101.39. The US dollar fell 0.2% to 99.315.
Hong Kong stocks and ADR markets are continuously updating. For details, see: Next Page
Market Highlights:
【21:31】Dow opens up 375 points at 47,321; Nasdaq up 0.6% at 22,507; S&P 500 up 44 points at 6,743.
【19:37】Dow futures up 21 points; Nasdaq futures down 0.1%; S&P futures down 1 point.
【14:05】Oil rebounds, Brent crude up over 4%, at $104.8.
【13:48】Dow futures down 150 points at 47,139; S&P futures down 23 points at 6,732; Nasdaq futures down 97 points or 0.4% at 24,794.
【13:25】【AI + Software】Morgan Stanley: AI Disrupts Software Industry; Private Credit Default Rate May Rise to 8%
【13:19】【Iran Crisis】Insightful? South Korea’s Jangjin Merchant Ship Sinokor’s Heir Profits $500,000 in a Day Using Very Large Oil Tanker
【13:16】【Oil Price Trend】Oil prices rebound during Asian trading hours, Brent remains above $100; Analysis: “Pulsed” volatility in oil prices, unlikely to stay high long-term amid supply recovery
【12:52】【Iran Crisis】Reserve Bank of Australia raises interest rate by 25 basis points to 4.1%; warns that sustained fuel price surges could boost inflation
【11:46】【Fed Chair】Court documents show that if criminal investigations continue, Powell will “remain in position” after his term ends
【11:23】【AI + Chips】AI drives demand! SK Group Chairman Choi Tae-won: Global wafer shortage may persist until 2030
【10:44】【NVIDIA】NVIDIA collaborates with BYD and Geely to develop L4 autonomous vehicles
【10:22】【Yen Trend】Yen falls to 4.9 against HKD; Japanese Finance Minister reiterates intervention to support yen; Analysis: Bank of Japan’s reluctance to raise rates makes weakness hard to stop
【09:42】【Gold Price Trend】Gold stabilizes near $5,000; USD weakens, market assesses emergency oil reserve releases
【08:42】【US Rate Cuts】Morgan Stanley not concerned about oil price surge impact; still expects Fed to pause rate hikes in June and cut again in September
【08:25】【Apple】Apple launches AirPods Max 2 over-ear headphones, pre-order at 4,599 yuan on 3/25, five colors; upgraded H2 chip, noise cancellation 1.5 times better
【08:01】【AI + Recruitment】Elon Musk’s xAI hiring bankers, credit experts to enhance Grok financial strategies
【07:47】【Xi-Trump Meeting】Trump delays visit to China by about a month, citing war reasons, no tricks involved
【07:28】【AI + NVIDIA】Huang Renxun announces NVIDIA’s NemoClaw “lobster farming” sandbox with security features
【07:03】【AI + NVIDIA】Huang predicts chip revenue reaching $1 trillion by 2027, possibly conservative
【06:31】【Iran Crisis】Trump: Uncertain who controls Iran; no one says Mujehtaba is 100% healthy; very unusual (updating)
$1 or less for March 16 U.S. stock market overview====
Monday: Oil drops over 2%, Dow rises 387 points; Trump delays China visit by a month
U.S. dollar index and oil prices decline. NYMEX crude drops 5.3%, closing at $93.5; Brent crude down 2.4%, closing at $100.66; USD index down 0.6% at 99.8; 10-year U.S. Treasury yield down 0.06% to 4.216%.
See U.S. stocks closing:
Due to major powers starting to release strategic oil reserves, short-term supply is sufficient, but the Iran situation still troubles the market. Trump said he has proposed to China to postpone his and President Xi Jinping’s summit by about a month, as remaining in Washington to command the Iran war is very important to him. The postponement reflects Trump’s expectations about the duration of the Iran conflict.
The Dow rose 387 points to close at 46,946; the S&P 500 up 1% at 6,699; the Nasdaq up 1.2% at 22,374.
According to PBS, Trump said Iran is not yet ready to reach an agreement, and mentioned that once the war ends, oil prices will fall rapidly like a rolling stone, believing the conflict won’t last long. He also stated that Tehran has extensive infrastructure that could destroy its power plants within an hour, but doing so would require years of rebuilding and cause trauma, so he prefers to avoid it. He also mentioned he does not want to damage pipelines on Halek Island, a key oil area, because destruction would take years to reconnect.
U.S. Treasury Secretary Yellen told CNBC that the U.S. does not mind some Iranian, Indian, and Chinese ships passing through the Strait of Hormuz. She considers Iran’s release of ships as a natural opening and hopes global oil supply remains ample. She also said any measures to ease oil prices depend on the duration of the Iran conflict.
In focus stocks, NVIDIA (US: NVDA) rose 2.6%, closing at $184.93, with Jensen Huang speaking at GTC.
Data center company Nebius (US: NBIS) surged 15.4%, announcing that starting early 2027, it will provide Meta (US: META) with $12 billion in dedicated computing capacity. Meta also pledged to purchase up to $15 billion more. Meta gained 1.9%.
This week’s highlights include the U.S. February PPI on Tuesday, and the Federal Reserve’s rate decision early Thursday Hong Kong time. Major central banks like the ECB, Bank of England, and Bank of Japan will also hold meetings this week. Additionally, Micron (US: MU) will release earnings after market close on Wednesday.
Hong Kong stocks and ADR markets are continuously updating. For details, see: Next Page
Market Highlights:
【22:55】Trump: Once the war ends, oil prices will fall sharply; Dow up 393 points, oil down 1%
【21:30】Yellen: U.S. does not mind Chinese ships passing through the Strait of Hormuz; Dow up 369 points, oil down 1%
【18:50】Middle East war enters third week; Dow futures up 152 points; Nasdaq futures up 0.7%; this week is a “super rate decision week”
【13:47】Dow futures up 226 points at 47,112; S&P futures up 39 points at 6,724; Nasdaq futures up 147 points or 0.6% at 24,753.
【12:59】【AI + Chips】Tesla to develop its own chips? Elon Musk announces launch of giant AI chip factory “Terafab”
【12:06】【AI + Gemini】Gemini now available in Hong Kong! Google: expanding Gemini to all Hong Kong users, starting with web version, mobile app coming later
【11:07】【Xi-Trump Meeting】Trump says “possible” to delay meeting with President Xi Jinping
【10:14】【Iran Crisis】IEA: Over 400 million barrels of emergency oil reserves soon to be released, prioritizing Asia; Europe and the U.S. need to wait until late March
【19:28】【Gold Price Trend】Gold falls below $5,000; Middle East war enters third week, oil prices continue to rise
【11:36】【Iran Crisis】U.S. Energy Secretary: Cannot guarantee oil prices will fall within weeks; focus on military targets first, then seize the strait (updating)
【07:30】【Global Outlook】This week is a “super rate decision week”; Fed likely to keep rates unchanged on Thursday
【07:30】As Middle East tensions escalate, U.S. stocks declined last Friday; Dow briefly rose up to 446 points, then fell back 183 points, closing at 46,558, down 119; S&P down 0.61%; Nasdaq down 0.93%.
See U.S. stocks closing:
U.S. stock market activity last week, details at: 【U.S. Market Close】 Preview of next week’s Iran focus; Dow down 119 points; Brent up 2.7% to over $103