Nasdaq Composite sets historic record led by tech group, while gold surpasses $3,600/oz, OPEC curbs production, US-Gaza-France politics tense.
Nasdaq Composite sets new record
According to CNBC, in the trading session on 8/9, technology-oriented index Nasdaq Composite up 0.45% to 21,799 points, new record high.
The rally was led by the group Semiconductor and AI stocks:
- Broadcom increase 3%.
- Nvidia up 1%, reversing the previous downtrend.
- Amazon and Microsoft also contribute positively.
“Spending on AI and AI infrastructure continues to grow, and the spillover is not just concentrated in the Magnificent Seven. The average tech stock is also doing very well,” said Ross Mayfield, strategist at Baird Private Wealth Management.
Breaking News 9.9: Nasdaq Composite Sets New Record While Waiting For Inflation Data
Investors are now focusing on two important reports: Producer Price Index (PPI) released on September 10 and Consumer Price Index (CPI) September 11This will be a key factor ahead of the Fed's policy meeting on September 16-17.
Gold exceeds 3,600 USD/oz
International gold price breaks out 3,600 USD/oz, hitting a new historical high. The momentum came from expectations of the Fed cutting interest rates after the weak jobs report, along with global political instability. Many central banks continued to increase gold purchases, reinforcing the strong increase.
OPEC curbs output, oil recovers
OPEC+ decides to only slightly increase production, helping oil prices Brent up to 66 USD/barrel, WTI reaches 62 USD/barrelThis move is seen as an effort to maintain supply and demand balance after a series of sharp declines.
US and Gaza politics heat up
President of the United States Donald Trump suggestion Supreme Court upholds foreign aid block, causing controversy in the National Assembly. At the same time, he was accused of appointing his son-in-law Jared Kushner build "post-war plan for Gaza”.
In Israel, Prime Minister Benjamin Netanyahu declare the army ready to launch large-scale ground operation in Gaza, while calling on civilians to leave.
French political crisis
In Europe, French internal politics are shaken, putting great pressure on the President. Emmanuel Macron. The threat of a no-confidence vote is causing volatility in the euro and raising concerns about the stability of the EU.
Day 09/09/2025, global financial markets witnessed many fluctuations: Nasdaq hits new high, gold surpasses $3,600/oz, oil recovers, US – Gaza – France politics escalateInvestors need to closely monitor US inflation data and geopolitical risks to have appropriate strategies.
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FAQ – Frequently Asked Questions
1. Why did Nasdaq Composite set a new record?
Thanks to strong cash flows into technology and AI stocks, especially Nvidia, Broadcom, Amazon and Microsoft.
2. What data are investors waiting for?
Two important reports are PPI (10/9) and CPI (11/9), is considered a decisive factor in Fed policy.
3. Why did gold price exceed 3,600 USD/oz?
Due to expectations of Fed rate cuts, geopolitical uncertainty and central banks increasing gold purchases.
4. What impact does OPEC+ have on the oil market?
A slight increase in production helped oil prices recover, supporting the global supply-demand balance.
5. What is the current situation in Gaza?
Israel warns of large-scale ground attack, while US joins discussion on “post-Gaza war plan”.
