Data as of: August 25, 2026, 08:00 (UTC+8)
Corresponding US Stock Trading Day: August 24, 2026

1. Overnight US Stocks

On August 24, US stocks started the new trading week with the three major indices showing divergent trends after opening. Following last Friday’s rebound, the market turned cautious again as investors awaited this week’s highly anticipated NVIDIA earnings report, the Federal Reserve’s Jackson Hole global central bank conference, and the latest US inflation data.

At the open, the Dow Jones Industrial Average held relatively firm, rising about 0.2%–0.3% at one point; the S&P 500 dipped slightly by approximately 0.2%–0.3%; and the tech-heavy Nasdaq Composite Index fell by around 0.5%–0.6% at its lowest.

The technology and semiconductor sectors were the main sources of market pressure that day. Ahead of NVIDIA’s earnings release, discussions intensified around the high valuations of AI-related stocks and the sustainability of capital expenditures, resulting in notable corrections in storage and semiconductor stocks such as Micron and SanDisk.

In the bond market, long-term US Treasury yields remained elevated but declined somewhat from previous levels. The 10-year Treasury yield briefly fell to about 4.71%, while the 30-year Treasury yield ranged around 5.24%–5.25%. The high interest rate environment continues to be a key factor affecting large-cap tech and high-valuation growth stocks.

One of the most important market focuses this week is NVIDIA’s scheduled release of its FY2027 Q2 earnings after the US market close on August 26. Meanwhile, the market will also pay close attention to Federal Reserve Chair Kevin Warsh’s policy speech at the Jackson Hole conference and the US PCE inflation data.

Dow Jones Industrial Average: 53,417.16 (+0.26%)

S&P 500: 7,652.86 (-0.28%)

Nasdaq Composite Index: 25,980.19 (-0.76%)

At the open on August 24, the Dow briefly rose about 0.2%–0.3%, the S&P 500 fell about 0.2%–0.3%, and the Nasdaq Composite dropped approximately 0.5%–0.6%, showing a clear divergence in market trends.

2.Savicoin Perpetual Contract Market

Note: Reference prices and changes are based on the closing prices of the corresponding US stocks/ETFs during regular trading hours on August 24. Actual transaction prices of Savicoin US stock perpetual contracts may vary due to trading hours, market liquidity, and price fluctuations.

3. Market Observation

On August 24, US stocks showed clear index divergence with tech stocks under pressure while defensive sectors remained relatively stable.

Last Friday, after significant declines earlier, the market rebounded with the Dow rising about 0.98%, the S&P 500 up about 0.43%, and the Nasdaq Composite also gaining about 0.43%. However, for the entire week, all three indices still posted losses, indicating that market risk appetite has not fully recovered.

Entering the new week, capital has shifted back to a cautious stance.

On one hand, NVIDIA is set to release its quarterly earnings after the market close on August 26, prompting the market to preemptively adjust positions in AI, semiconductor, and storage sectors; on the other hand, long-term US Treasury yields remain high, with elevated financing costs continuing to pressure high-valuation tech stocks.

Intraday on August 24:

• 10-year US Treasury yield around 4.71%

• 30-year US Treasury yield around 5.24%–5.25%

• WTI crude oil prices retreated to approximately $85–86 per barrel

• Bitcoin remained strong around the $77,000–79,000 range

After a rapid rise, cryptocurrencies continue to show strong performance. Bitcoin briefly surpassed $79,000 last Monday, reaching near a three-month high, and risk appetite in the crypto market remains significantly higher than in previous periods.

With a series of important events approaching this week, short-term market volatility may further increase.

Currently focusing on three key variables:

NVIDIA Earnings | Jackson Hole Policy Signals | US PCE Inflation Data

4. Key Asset | NVDAUSDT

NVDA will be one of the most important market focal points in the entire US tech sector this week.

NVIDIA officially confirmed that it will release its FY2027 Q2 financial results after the US market close on Wednesday, August 26, and hold a conference call at 14:00 Pacific Time.

As the earnings report countdown enters its final stage, market expectations for NVIDIA’s performance have noticeably heated up.

The market is generally focused on NVIDIA’s AI chip demand, data center business growth, next quarter’s revenue guidance, and the sustainability of AI capital expenditures by major global tech companies.

Given NVIDIA’s extremely high weighting in the S&P 500 and Nasdaq indices, its earnings performance could not only impact NVDA’s own price but also directly influence the semiconductor, AI, large tech sectors, and overall US stock market risk appetite.

The options market has already started pricing in expectations of potentially significant stock price volatility following the earnings release.

Short-term key focus:

• Market position changes before NVIDIA’s earnings

• Data center business revenue and growth rate

• Next quarter revenue and gross margin guidance

• AI chip and server demand

• AI capital expenditure trends among major tech companies

• Changes in US Treasury yields

• Capital flows in the semiconductor sector

NVIDIA’s earnings report is expected to be one of the most important catalysts for volatility in the global tech market this week.

5. News Highlights of August 24

US Major Indices Open Divergent

On August 24, US stocks showed divergent trends at the start of the new trading week.

At the open, the Dow Jones rose about 0.2%–0.3%, while the S&P 500 fell about 0.2%–0.3%, and the Nasdaq Composite’s decline widened to approximately 0.5%–0.6%.

The technology and semiconductor sectors performed relatively weakly as the market remained cautious ahead of NVIDIA’s earnings release.

Semiconductor and Storage Sectors Under Pressure

On August 24, the semiconductor sector became a market focus.

Storage-related stocks such as Micron and SanDisk experienced notable declines early in the session, with Micron falling about 7% at one point and SanDisk down around 4%.

The market is concerned about the high valuations of AI-related assets and has proactively reduced risk exposure in some tech sectors ahead of NVIDIA’s earnings.

NVIDIA Earnings Enter Final Countdown

NVIDIA will release its FY2027 Q2 results after the US market close on August 26.

The market currently expects NVIDIA’s revenue to maintain rapid growth this quarter, with AI data center business continuing to be the primary growth driver.

Due to NVIDIA’s large market capitalization and index weighting, this earnings report may directly determine the direction of AI, semiconductor, and Nasdaq markets this week.

US Treasury Yields Slightly Decline but Remain High

Long-term US Treasury yields have declined somewhat after a rapid rise.

On August 24:

• 10-year Treasury yield around 4.71%

• 30-year Treasury yield around 5.24%–5.25%

The US Treasury’s expansion of long-term bond repurchase programs has provided some support to the bond market, but concerns over the US fiscal deficit, debt supply, and inflation outlook have not fully dissipated.

Bitcoin Remains Near Three-Month High

Bitcoin continues to trade near high levels after a series of substantial gains.

On August 24, BTC mainly traded in the $77,000–79,000 range, having reached about $79,455 last Friday, marking a near three-month high.

With Bitcoin maintaining strength, crypto-related stocks such as COIN, MSTR, and CRCL remain in market focus.

Jackson Hole Becomes Another Core Focus

Besides NVIDIA’s earnings, another key event this week is the Jackson Hole global central bank conference.

The market is particularly focused on Federal Reserve Chair Kevin Warsh’s policy speech and his latest assessments of US inflation, economic growth, interest rate trajectory, and monetary policy framework.

These statements may directly impact the US dollar, Treasury yields, US stocks, gold, and other major global assets.

6. Today’s Focus

Today, the market’s main focus is on five key themes:

NVIDIA Earnings Expectations | US Treasury Yields | AI and Semiconductor Sectors | Jackson Hole | Bitcoin and Crypto Stocks

The market opened cautiously on August 24.

Last Friday’s rebound temporarily eased the pressure from the recent rapid US stock market correction, but tech stocks have not formed a full rebound trend.

Especially with NVIDIA’s earnings countdown underway, the AI and semiconductor sectors may see more pronounced position adjustments.

Key tech stocks to watch:

NVDA | META | MSFT | SNDK | AMZN | TSLA

Among them, storage-related stocks like SNDK have shown amplified short-term volatility, requiring close attention to overall risk appetite shifts in the semiconductor sector.

If NVIDIA’s earnings exceed market expectations and provide strong AI and data center business guidance, it may reinforce the AI trading theme in the market.

Conversely, if revenue growth, gross margin, or next quarter’s guidance fall short of high market expectations, it could trigger further adjustments in AI, semiconductor, and large tech sectors.

Meanwhile, US Treasury yields remain a crucial factor in determining tech stock valuations.

If the 10-year Treasury yield breaks recent highs again, high-valuation growth stocks may continue to face pressure; if long-term yields gradually decline, it would be favorable for valuation recovery in tech and AI sectors.

Bitcoin remains near a three-month high, and crypto stocks are still worth close attention in the short term.

7. Today’s Time Slot Reminders

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

Market liquidity and trading activity are usually higher during this period.

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

Liquidity tends to decrease; be cautious of rapid price fluctuations around earnings releases.

US Stock Market Holidays

Savicoin US stock perpetual contracts may continue trading during US market holidays, but pay attention to changes in market liquidity and potential gap risks for the next trading day.

August 24 is a Monday with normal US stock trading.

With NVIDIA earnings and the Jackson Hole global central bank conference approaching, volatility in tech, AI, semiconductor, US Treasury, and US dollar-related assets may increase significantly this week.

Actual trading hours and market quotes for Savicoin US stock perpetual contracts are subject to the platform’s displayed times.

8. Risk Warning

US stock perpetual contracts are leveraged trading products and may experience significant price volatility.

Especially around earnings releases from large tech companies like NVIDIA, US PCE inflation data, Federal Reserve Jackson Hole policy speeches, and major geopolitical events, the market may undergo rapid price changes.

Please manage your position size and leverage prudently and fully consider market liquidity, price fluctuations, and risks associated with leveraged trading.

9. Disclaimer

This article is for market information reference only and does not constitute any investment or trading advice.

Relevant market data is sourced from public markets and the Savicoin platform; discrepancies in price and timing may exist between different data sources.

Savicoin US stock perpetual contracts are continuous trading products; their actual transaction prices, mark prices, and settlement prices may differ from the corresponding US stock spot market prices.

Users should make independent judgments based on their own circumstances and assume related trading risks.

Savicoin Team