Savicoin US Stock Perpetual Daily Report｜September 5, 2026 (Saturday UTC+8)

Data as of:2026 year9 month5 day 08:00 (UTC+8)
Corresponding US stock trading day:2026 year9 month4 day

1. Overnight US Stocks

On September 4, the US stock market experienced a volatile pullback after strong employment data was released, with all three major indexes closing lower.

According to data released by the US Department of Labor, nonfarm payrolls increased by 162,000 in August, significantly exceeding the market expectation of about 56,000. Additionally, employment data for June and July were revised upward by approximately 55,000 in total, while the unemployment rate remained steady at 4.1%.

The employment market performance was clearly stronger than expected. Although this reflects the resilience of the US economy, it also renewed market concerns that the Federal Reserve may need to maintain or even raise interest rates to address inflationary pressures.

Following the employment data release, expectations for a Fed rate hike in September surged, pushing short-term US Treasury yields higher and putting some pressure on technology and high-valuation growth stocks.

As of market close:

Dow Jones Industrial Average:53,413.60 (-0.51%)

S&P 500:7,718.41 (-0.38%)

Nasdaq Composite Index:26,506.99 (-0.29%)

However, the US stock market was not uniformly weak. The semiconductor sector showed relative strength, with chip-related stocks generally attracting capital attention. Among them, NVIDIA, AMD, and SanDisk notably outperformed the broader market.

Meanwhile, consumer and some large tech stocks came under pressure. Tesla experienced a significant drop that day, and Lululemon fell sharply due to earnings and full-year guidance concerns.

2. Savicoin Perpetual Contract Market
 

Note: Reference prices and changes are based on the corresponding US stock/ETF September 4 regular trading session closing prices. Savicoin US stock perpetual contract actual transaction prices may differ due to trading times, market liquidity, and price fluctuations.

3. Market Observations

The main market trading logic on September 4 centered on:

US Nonfarm Payrolls｜Fed September Rate Hike Expectations｜US Treasury Yields｜Tech Stock Divergence｜AI and Semiconductors

The most important market variable of the day shifted from Waller’s speech on the previous trading day to US employment data.

Waller’s earlier remarks had reduced market concerns about a September rate hike, but the stronger-than-expected employment report changed market pricing again.

Nonfarm payrolls increased by 162,000 in August, well above the market expectation of 56,000, prompting investors to reassess the resilience of the US economy and inflation pressures.

Expectations for a 25 basis point rate hike in September significantly increased, with the related probability briefly rising to about 58%.

This means that the Fed’s policy remains highly data-dependent.

If inflation remains elevated and employment stays resilient, the Fed may lean toward maintaining a tight policy; if inflation cools significantly and employment weakens, the market may reprice expectations for rate cuts or steady rates.

Therefore, in the short term, the US stock market may continue to price around the chain:

Employment → Inflation → Interest Rates → Treasury Yields → Tech Stock Valuations

.

4. Key Symbol｜NVDAUSDT

NVIDIA remains a key directional indicator for the current AI and semiconductor sectors.

On September 4, amid the overall US stock pullback, NVIDIA showed relative strength.

Previously, NVIDIA announced the acquisition of Hugging Face for about $12.93 billion, further expanding its footprint in AI models, developer tools, and the open model ecosystem.

Meanwhile, the semiconductor sector overall outperformed the broader market.

Market attention on NVIDIA has expanded from pure GPU sales to include:

• AI data center demand
• Blackwell and next-generation AI chips
• AI capital expenditures by large tech companies
• AI models and developer ecosystem
• Data center business growth
• Gross margin changes
• AI investment returns

Notably, there is already clear differentiation within the AI industry chain.

Some semiconductor stocks such as NVIDIA, AMD, and SanDisk are performing strongly, while Broadcom is under pressure due to its latest earnings guidance falling short of some market expectations.

Hence, the market may shift from an “overall AI sector rally” to:

Who can truly achieve order growth, capital expenditures, and profit realization.

5. News Highlights for September 5

1｜US August Nonfarm Payrolls Significantly Exceed Expectations

US nonfarm payrolls increased by 162,000 in August, far exceeding the market expectation of about 56,000.

The unemployment rate remained at 4.1%, and employment data for the previous two months were revised upward.

Strong employment data indicate that the US economy remains somewhat resilient in the short term but also increase policy pressure on the Fed to control inflation.

Key focus:

• Nonfarm payrolls
• Unemployment rate
• Wage growth
• CPI / PCE
• Fed rate decisions
• US Treasury yields

2｜Fed September Rate Hike Expectations Reignite

After the employment data release, the market increased bets on a Fed rate hike in September.

Earlier, Waller’s dovish remarks had lowered rate hike expectations, but the strong employment data pushed the market to reassess the interest rate path.

This suggests that the market may experience more pronounced two-way volatility going forward:

Strong employment → Rising rate hike expectations → Higher Treasury yields → Pressure on tech stock valuations

Weak employment / Cooling inflation → Lower rate hike expectations → Yield decline → Support for growth stocks

3｜Semiconductor Sector Outperforms Against the Trend

On September 4, while the US stock market declined, the semiconductor sector showed relatively strong performance.

NVIDIA rose about 2.4% that day, AMD also performed strongly, and SanDisk surged over 10%.

This shows that AI and storage chip-related assets continue to attract market attention.

However, there is already clear differentiation within AI semiconductors, with investors focusing more on:

Orders｜Earnings｜Capital Expenditures｜Margins｜Valuations

rather than simply chasing AI concepts.

4｜Tesla Pulls Back Sharply

Tesla’s performance on September 4 was noticeably weaker than the market.

After a significant rally, Tesla saw a clear profit-taking that day, closing down about 5.7%.

The market continues to focus on:

Autonomous driving｜Robotaxi｜AI business｜Vehicle deliveries｜Profit margins

and other factors.

Tesla’s stock price is highly volatile and tends to experience large short-term swings when risk appetite for US tech stocks changes.

5｜US Market Enters Labor Day Holiday

September 4 was the last trading day before the US Labor Day holiday.

September 7 (Monday) is US Labor Day, and the US stock market will be closed for regular trading.

Therefore, the next regular US stock trading day will be September 8 (Tuesday).

During the holiday, other global markets and related assets may continue to fluctuate. If Savicoin US stock perpetual contracts remain continuously traded, users should pay attention to market liquidity, price deviations, and potential gap risks on the next trading day.

6. Today’s Focus

The market currently focuses on five main themes:

Fed Policy｜US Treasury Yields｜US Employment Data｜NVIDIA｜AI and Semiconductors

In the short term, the market has shifted from the previous trading day’s “improved expectations for rate cuts/no hikes” to the logic that “strong employment may push the Fed to maintain a tight policy.”

Therefore:

Strong employment + high inflation

may continue to push US Treasury yields higher, putting pressure on high-valuation tech stocks.

Whereas:

Weak employment + cooling inflation

may reinforce market expectations for easing policy, supporting growth stocks.

Key Technology Stocks to Watch

NVDA｜SNDK｜AMD｜META｜MSFT｜AMZN｜TSLA

Among these, NVDA and SNDK remain important observation targets in the AI chip and storage supply chains.

7. Trading Hours Reminder

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

During US daylight saving time, the regular US stock trading session corresponds to Beijing time 21:30–04:00.

However, due to US Labor Day market closure on September 7, the next regular US stock trading session will start at Beijing time 21:30 on September 8.

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

Liquidity in pre-market and after-hours sessions is usually lower than in regular trading hours. Major economic data releases, corporate announcements, and market events may cause rapid price fluctuations.

Weekends and US Holidays

September 5 and 6 are weekends, and September 7 is US Labor Day, with US regular markets closed.

Savicoin US stock perpetual contracts may continue trading during US market closures, so users should pay special attention to:

Market liquidity｜Price deviations｜Increased volatility｜Gap risk on the next trading day

Actual trading times and market data are subject to the Savicoin platform display.

8. Risk Warning

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

The current market is influenced by multiple factors including Fed policy expectation fluctuations, stronger-than-expected employment data, high valuations in the AI sector, and changes in US Treasury yields.

US employment, inflation, Fed officials’ speeches, corporate earnings, and major AI industry news may all cause rapid short-term price swings in related symbols.

Especially during US market closures, global market and related asset price changes may further amplify opening volatility on the next trading day.

Please manage position sizes and leverage prudently and pay close attention to market liquidity, price volatility, and leveraged trading risks.

9. Disclaimer

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

Market data is sourced from public markets and the Savicoin platform; different data sources may have price and timing discrepancies.

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

Users should independently assess their situation and bear related trading risks.

 

The Savicoin Team