📈 US stocks open with division! Dow rises slightly by 62 points, while Nasdaq plummets by 1%, chip stocks collectively "dive"!

On August 20, the three major US indices took an "ice-fire road":

- The Dow Jones index slightly increased by 0.14%, climbing to 44,984.33 points, barely stabilizing its footing;

- The S&P 500 index fell by 0.12%, reporting 6,403.86 points, slightly dipping;

- The Nasdaq Composite index directly "breached defense", falling 75 points at the opening, and the decline quickly expanded to 1%, with the 21,239-point mark precariously at risk!

Chip stocks are the hardest hit: Intel plummeted by 6.7%, Nvidia also dropped over 2.2%, the technology sector collectively "stalled", and is this decline for Nasdaq not over yet?

⚠️ Capital Economics sounds the alarm: Short-term interest rates are set to rise! The market is too optimistic about rate cuts!

Capital Economics bigwig Kevin Thozet bluntly stated: US short-term interest rates are facing upward risks! The market is wildly betting on at least two rate cuts this year, which is simply "overly confident"!

He warned: The resilience of the US economy is beyond expectations, policy is uncertain, and inflation pressures have not completely receded, all of which may cause rate cut expectations to fall through. As for the 10-year US Treasury yield, currently at 4.3%, it may fluctuate up and down by 50 basis points; thinking of bottom fishing? First weigh the risks!

On one side, internal "infighting" in US stocks intensifies, while on the other side, interest rate risk lurks, investors may have a sleepless night amid the turbulence...