By William Collins, consultant in stock markets – Eurasia Business News, September 15, 2025. Article no 1785
The U.S. and China reached a framework deal regarding TikTok, allowing the popular short-video app to continue operating in the U.S. under a shift to U.S.-controlled ownership. President Donald Trump and Chinese President Xi Jinping are scheduled to finalize the agreement later in the week. This deal marks the culmination of years of negotiations and aims at addressing U.S. national security concerns while ensuring fairness for both countries.
On the stock market front, the S&P 500 and Nasdaq hit intraday record highs, driven by positive momentum ahead of the Federal Reserve’s upcoming policy meeting.
The tech-heavy Nasdaq Composite advanced 0.9% to trade at a record high, while the S&P 500 gained 0.5%. The Dow Jones Industrial Average seesawed between small gains and losses. The major stock indexes all posted gains last week, with the Nasdaq closing at a record high on Friday as investors bet interest rate cuts were imminent.
Tesla shares surged by 5.8% following a $1 billion stock purchase by CEO Elon Musk, boosting the consumer discretionary sector.
The communication services sector also rose, helped by Alphabet reaching a market cap of $3 trillion. The overall market sentiment is optimistic, anticipating a potential 25 basis points interest rate cut by the Fed.
Separately, China’s antitrust regulator said an initial investigation showed Nvidia violated antimonopoly law. Shares in the chip maker dropped fractionally. Over the weekend, China also said it had launched probes into some U.S. analog chip imports and American measures against China’s chip sector.
Gold prices surged, hitting new all-time highs above $3,680 per ounce, reflecting a nearly 40% rise year-to-date. The surge is driven by expectations of Fed rate cuts this week amid signs of a weakening U.S. labor market and geopolitical uncertainties.
Read also : Gold : Build Your Wealth and Freedom
Gold’s safe-haven appeal is strong as Treasury yields drop and the dollar weakens. Analysts predict further upside for gold if the Fed proceeds with rate cuts as expected.
The price of silver was approximately $42.20 to $42.60 per ounce, reaching near 14-year highs. Silver showed a gain of around 1% on that day and had risen over 38% compared to the same time last year, supported by industrial demand and expectations of a U.S. Federal Reserve interest rate cut.
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© Copyright 2025 – Eurasia Business News. Article no. 1785
