On August 28, the U.S. equity market saw major indices decline modestly, with the S&P 500 falling 0.25% and the small-cap-focused Russell 2000 dropping 1.4%. Meanwhile, Nvidia drew significant market attention after reporting revenue of $96.2 billion, a 106% year-over-year increase, driving its stock up approximately 5% to a new all-time high. Nvidia’s strong earnings boosted investor sentiment toward AI-related stocks, though the decline in small-cap shares weighed on overall market performance. Software stocks, led by Salesforce, experienced strong buying pressure, with the State Street Software and Services ETF rising 5.2%. No notable movements were observed in other asset classes. #markets #investing ※Investing involves risks. Please make final decisions at your own responsibility.
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