Savicoin US Stock Perpetual Daily Report｜August 20, 2026 (Thursday UTC+8)

Data as of: August 20, 2026 08:00 (UTC+8)
Corresponding US stock trading day: August 19, 2026

1. Overnight US Stocks

On August 19, US stocks attempted to stabilize after three consecutive days of decline. The US Treasury expanded the scale of long-term bond repurchases, pushing down US Treasury yields and somewhat alleviating the pressure of high interest rates on risk assets.

The market continued to focus on large technology, AI, and semiconductor sectors, while digesting the July FOMC meeting minutes and the latest corporate earnings reports.

Dow Jones Index: 53,463.05｜+0.22%

S&P 500: 7,707.98｜+0.21%

Nasdaq Composite Index: 26,331.09｜+0.16%

2. Perpetual Contract Market

Note: Reference prices and changes are based on the corresponding US stock/ETF closing prices during regular trading hours on August 19. Actual transaction prices of Savicoin US stock perpetual contracts may vary due to trading time, market liquidity, and price fluctuations.

3. Market Observation

On August 19, the market’s core focus remained on technology stock valuations, US Treasury yields, and Federal Reserve policy expectations.

After the US Treasury expanded bond repurchase scale, pressure in the US Treasury market eased somewhat, with the 10-year Treasury yield briefly falling to about 4.65%. Sentiment in the technology sector improved, but after previous continuous adjustments, the market remains cautious about high-valuation AI stocks.

The retail sector also attracted attention. Target’s earnings beat expectations and raised guidance, while Lowe’s lowered its full-year outlook, reflecting ongoing divergence in the US consumer market.

4. Key Asset｜NVDAUSDT

NVDA has recently seen significant adjustments along with the AI and semiconductor sectors, with short-term volatility increasing.

As US Treasury yields fall, valuation pressure on tech stocks has eased. In the short term, focus on whether NVDA can stabilize and whether capital will flow back into AI and semiconductor sectors.

5. News Highlights for August 20

Walmart Earnings Report

Walmart will release its quarterly results before market open on August 20, one of the most closely watched US earnings reports that day. Market focus is on US consumer demand, e-commerce business, profit margins, and full-year guidance.

US Employment and Manufacturing Data

At 20:30 Beijing time on August 20, the US will release:

Initial Jobless Claims — market expects about 201,000 claims.

Philadelphia Fed Manufacturing Index — market expects about 25, previous value 41.4.

These data will provide the market with new insights into the resilience of US employment and manufacturing, and may influence subsequent interest rate expectations.

Key Corporate Earnings

Besides Walmart before market open on August 20, earnings reports include Alibaba (BABA), Deere (DE), etc.; after market close, focus on Ross Stores (ROST).

6. Today’s Focus

Today the market will focus on three main themes:

US employment and manufacturing data｜ Walmart and other major corporate earnings｜US Treasury yields and Federal Reserve policy expectations

In the technology sector, continue to watch high-volatility assets such as NVDA, META, and SNDK. If US Treasury yields continue to fall, it may ease valuation pressure on growth stocks; if economic data significantly exceed expectations, attention should be paid to the possibility of the market readjusting interest rate expectations.

7. Today’s Trading Hours Reminder

US Stock Trading Hours｜ 21:30–04:00 (Beijing Time)

Market liquidity and trading activity are usually high.

Pre-market and After-hours｜ 16:00–21:30 / 04:00–08:00

Liquidity is relatively lower; be aware of rapid price fluctuations around earnings announcements.

US Stock Market Closed Periods

Perpetual contracts may still be traded; pay attention to liquidity changes and potential gaps at the next trading day open.

8. Risk Warning

US stock perpetual contracts are leveraged trading products and prices may experience significant volatility. Market volatility may increase significantly around earnings releases, macroeconomic data, and major market events. Please manage your position size and leverage responsibly.

9. Disclaimer

This article is for market information reference only and does not constitute any investment or trading advice. Related market data is sourced from public markets and the Savicoin platform; discrepancies in price and timing may exist between different data sources. Users should make independent judgments and bear their own trading risks.

Savicoin Team