On Monday evening, the three major US stock indices opened with mixed ups and downs, and the S&P 500 index hit a record intraday high. Afterwards, the RMB suddenly surged against the US dollar, and FTSE China A50 Index futures skyrocketed, rising more than 1%. The Nasdaq China Golden Dragon Index also pulled up rapidly, and the decline narrowed to 0.68%. Federal Reserve Kashkari said that the US economy is in the final stage of returning inflation to 2%, and it is appropriate to cut interest rates further in the next few quarters.

On Monday evening, the three major US stock indices opened with mixed ups and downs, and the S&P 500 index hit a record intraday high. Afterwards, the RMB suddenly surged against the US dollar, and FTSE China A50 Index futures skyrocketed, rising more than 1%. The Nasdaq China Golden Dragon Index also pulled up rapidly, and the decline narrowed to 0.68%. Federal Reserve Kashkari said that the US economy is in the final stage of returning inflation to 2%, and it is appropriate to cut interest rates further in the next few quarters.