TEBBIT US Stock Perpetual Daily Report｜September 2, 2026 (Wednesday)
Data as of: September 2, 2026 08:00 (UTC+8)
Corresponding US stock trading day: September 1, 2026
1. Overnight US Stocks
On September 1, US stocks opened the first trading day of September with an overall decline. The market was mainly influenced by rising US Treasury yields, increasing international oil prices, and escalating geopolitical tensions in the Middle East, causing investors to further worry about renewed inflationary pressures and the Federal Reserve’s future interest rate path.
The three major indices all closed lower:
Dow Jones Industrial Average: 52,766.88 points (plunged -419.02 points, -0.79%)
S&P 500: 7,631.47 points (sharply down -54.67 points, -0.71%)
Nasdaq Composite Index: 26,099.77 points (heavily dropped -271.11 points, -1.03%)
The 10-year US Treasury yield rose to about 4.79%, reaching a recent high level. Meanwhile, WTI crude oil prices broke through $90 per barrel, and Brent crude oil further increased, with rising energy prices reigniting market concerns over inflationary pressures.
Technology stocks were notably affected by rising interest rates, with large tech companies such as NVIDIA and Amazon under pressure, while the energy sector performed relatively strongly.
The core trading logic of the market has shifted from post-Jackson Hole meeting policy expectations to focus on:
US Treasury yields｜Oil prices｜Inflation｜Federal Reserve rate cut expectations｜Geopolitics｜Tech stock valuations
2. TEBBIT Perpetual Contract Market
| TEBBIT Perpetual Symbol | Corresponding US Stock | Closing Reference Price on Sept 1 | Daily Change |
| NVDAUSDT | NVIDIA | $217.44 | -1.51% |
| TSLAUSDT | Tesla | $356.09 | -3.23% |
| AAPLUSDT | Apple | $325.13 | +2.61% |
| MSFTUSDT | Microsoft | $501.02 | -1.24% |
| AMZNUSDT | Amazon | $254.92 | -1.87% |
| METAUSDT | Meta Platforms | $578.54 | +1.08% |
| SNDKUSDT | SanDisk | $1,536.87 | -1.90% |
| SPYUSDT | SPDR S&P 500 ETF | $760.7 | -0.8% |
Data Explanation
This table references closing prices and daily changes, all uniformly based on the **September 1, 2026 US stock regular trading session (Eastern Time 09:30–16:00)** stock/ETF data.
TEBBIT USDT perpetual contracts are continuous trading products; actual transaction prices, mark prices, and settlement prices may be influenced by pre-market, after-hours, and market closure fluctuations, and thus may differ from corresponding spot prices.
**Special Note:** The daily change shown in this table corresponds to the US stock/ETF regular trading session change, not the TEBBIT perpetual contract’s own rolling 24-hour change. Real-time market data and trading information are subject to the actual display on the TEBBIT platform.
3. Market Observation
On September 1, the market mainly focused on five key themes:
US Treasury yields｜Oil prices｜Geopolitics｜Federal Reserve policy｜Tech stock valuations
With oil prices rising rapidly, the market is reassessing future inflation risks.
The 10-year US Treasury yield rose to about 4.79%, and the high interest rate environment is exerting some pressure on high-valuation growth stocks. Meanwhile, market expectations for the Federal Reserve’s September meeting policy have been repriced.
Reuters reported that the probability of a 25 basis point rate hike in September has risen to about 68%, significantly higher than before.
In the tech sector, the AI industry chain remains the core market trading direction, but amid rising interest rates and valuation pressure, capital is beginning to focus more on:
AI capital expenditure｜profit realization｜data center demand｜valuation levels｜free cash flow
Therefore, the short-term performance of leading AI stocks may further diverge.
4. Key Stock｜NVDAUSDT
NVIDIA remains an important indicator for the current AI and semiconductor sectors.
On September 1, NVDA closed at $217.43, down 1.52%.
NVIDIA’s previously strong earnings continue to provide fundamental support for AI infrastructure investment, but with rising US Treasury yields, the market is beginning to reassess the risk-return ratio of high-valuation tech stocks.
Current market focus for NVDA includes:
• AI data center demand
• Large tech companies’ AI capital expenditure
• Volume ramp-up of next-generation AI chip products
• Data center business growth rate
• Gross margin changes
• Return on AI infrastructure investment
• Profit realization in a high-valuation environment
Additionally, on September 1, the market also focused on NVIDIA’s investment and cooperation news related to the AI industry chain with Anthropic, Lambda, and others, which put some pressure on NVDA that day. Meanwhile, semiconductor-related stocks such as SNDK, AMD, and MRVL were also affected by changes in market risk appetite.
In the short term, NVDA may continue to be an important indicator of risk appetite for the Nasdaq and AI sectors.
5. September 2 Headlines
1｜US Treasury Yields Continue to Affect Tech Stock Valuations
On September 1, the 10-year US Treasury yield rose to about 4.79%.
As bond yields rise, the discounting pressure on future cash flows of growth tech companies increases, and high-valuation tech stocks may face greater valuation adjustment pressure.
Key focus:
• 10-year US Treasury yield
• Federal Reserve rate expectations
• Inflation data
• US dollar index
• Tech stock valuations
2｜Oil Price Rise Rekindles Inflation Concerns
International oil prices rose significantly on September 1, with WTI crude briefly breaking above $90 per barrel, and Brent crude also further increasing.
Rising energy prices may transmit inflationary pressures through transportation, manufacturing, and consumer sectors, causing the market to worry again about limited Federal Reserve rate cut space.
Key follow-up focus:
Crude oil｜Inflation｜US Treasury｜US dollar｜Federal Reserve policy
3｜Tech Stocks Under Pressure with Sector Internal Divergence
On the first trading day of September, the Nasdaq Composite Index fell about 1.03%.
Large tech stocks such as NVIDIA, Amazon, and Microsoft were under pressure, while Apple and Meta performed relatively strongly.
Specifically, Apple rose about 2.61%, Meta rose about 1.08%, and Tesla fell about 3.22%.
The internal divergence within the tech sector further reflects the market’s shift from pure AI thematic trading to greater emphasis on company fundamentals and valuations.
4｜AI and Semiconductors Remain Long-Term Themes
Despite short-term impacts from interest rates and risk appetite, the AI infrastructure investment logic remains fundamentally unchanged.
Market continues to focus on:
NVDA｜AMD｜AVGO｜MU｜SNDK｜MRVL
As well as:
MSFT｜META｜AMZN｜GOOG
and other large tech companies’ AI capital expenditure situations.
If US Treasury yields decline later, AI and tech stock risk appetite may regain support; if yields continue to rise, high-valuation tech stocks may face ongoing pressure.
5｜September Market Enters Traditional Volatility-Sensitive Phase
September is typically a period when the US stock market needs to pay close attention to volatility risks.
In the current environment of high valuations, elevated bond yields, and geopolitical risks, the market may be more sensitive to:
Employment｜Inflation｜Federal Reserve policy｜Crude oil｜US Treasury yields
and other data.
6. Today’s Focus
The market’s key focus is on six main themes:
US Treasury yields｜Oil prices｜Federal Reserve policy｜Geopolitics｜AI and semiconductors｜Tech stock valuations
Key tech stocks to watch:
NVDA｜AAPL｜MSFT｜META｜AMZN｜TSLA｜SNDK
The current market environment presents a clear “high interest rate + high oil price + high valuation” characteristic.
If US Treasury yields continue to rise, growth stock valuations may remain under pressure; if oil prices fall and yields decline, it could improve risk appetite for tech stocks.
In the AI industry chain, the market may further shift from “overall price increases” to “fundamental differentiation”.
7. Today’s Timeframe Reminder
US Stock Trading Hours｜21:30–04:00 (Beijing Time)
During the US regular trading session, market liquidity and trading activity are usually higher.
Pre-market and after-hours｜16:00–21:30 / 04:00–08:00
Liquidity is relatively lower; before and after major economic data, policy announcements, and company disclosures, be aware of rapid price fluctuations and changes in order book liquidity.
September 2 is Wednesday, and US stocks will trade normally.
TEBBIT US stock perpetual contracts are continuous trading products; price fluctuations may still occur during US stock spot market closures or non-primary trading hours.
Key points to watch:
Liquidity｜Price deviation｜Mark price｜Overnight volatility｜Next trading session gap risk
Actual trading times and market data are subject to the display on the TEBBIT platform page.
8. Risk Warning
US stock perpetual contracts are leveraged trading products and may experience significant price volatility.
The current market is influenced simultaneously by:
US Treasury yields, crude oil prices, geopolitics, Federal Reserve policy, and tech stock valuations
among other factors.
Large tech companies, AI, and semiconductor sectors may experience significant fluctuations in a high-valuation environment.
Please manage your positions and leverage prudently, and fully consider market liquidity, price volatility, forced liquidation, and leverage trading risks.
9. Disclaimer
This article is for market information reference only and does not constitute any investment or trading advice.
Relevant market data are sourced from public markets and the TEBBIT platform; different data sources may have price and timing discrepancies.
TEBBIT 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 make independent judgments based on their own situations and bear related trading risks themselves.
TEBBIT Team