☀️ Morning News Brief · September 07

U.S. stocks closed slightly lower last night: the S&P 500 fell 0.38% and the Nasdaq fell 0.29%, with only a modest pullback. Asian markets showed a clear divergence. Japan’s Nikkei 225 surged 2.24%, Korea’s KOSPI rose 3.08%, and after the A-shares opened, the ChiNext index jumped more than 2% intraday. The Shenzhen Component index gained nearly 1.3%. Over 3,400 stocks across the two markets were in the green, and risk sentiment warmed noticeably during the Asian trading session. The VIX was 14.5—up 1.47% but still low. It has fallen nearly 12% over the past month, so there is no major panic pressure.

On the macro front, early trading in A-shares saw active sector rotation. Technology themes such as lithography machines, CPO, and memory chips all rose strongly. The retail sector also saw capital inflows. However, Moomoo Threads (Moer Threads) hit the 20cm daily limit down, indicating clear dispersion among individual stocks. Overall, the U.S. pullback did not weigh on Asia. Risk appetite is likely to remain mildly positive today. Tech growth assets may continue to outperform, but be mindful that high-priced stocks may experience amplified volatility.

Overnight, there were no movers up or down by more than 10%, so the market was calm.

Last night: 13 price levels to reach 1 fill point:
IREN short 43.739 has been triggered, +0.29%(14x → +4%)

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