According to Jinshi Data, the U.S. stock market performed strongly in August, with the S&P 500 index rising by 1.9%, the Nasdaq rising by 1.6%, and the Dow Jones index rising by 3.2%. Although AI-related stocks faced selling before the long weekend, it did not affect the overall upward trend.
Weak economic data and the mild impact of tariffs have strengthened investors' confidence in the Federal Reserve's rate cut next month. Trump's pressure on the Federal Reserve to support low interest rates has intensified market expectations for further rate cuts.
Economists warn that if the Federal Reserve is overly influenced by the White House, it could lead to excessive rate cuts and drive up inflation. However, the stock market sees this as a concern for the future.