TEBBIT US Stock Perpetual Daily Report｜September 5, 2026 (Saturday)
Data as of:2026 year 9 month 5 day 08:00 (UTC+8)
Corresponding US stock trading day:2026 year 9 month 4 day
1. Overnight US Stocks
On September 4, the US stock market experienced a volatile pullback following strong employment data, with all three major indices closing lower.
Data released by the US Department of Labor showed that August nonfarm payrolls increased by 162,000, significantly higher than the market's previous expectation of about 56,000, while the employment data for June and July were revised upward by about 55,000, with the unemployment rate remaining 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.
After the employment data release, market expectations for a Fed rate hike in September rose noticeably, short-term US Treasury yields climbed, and technology and high-valuation growth stocks faced some pressure.
As of the close:
Dow Jones Industrial Average:53,414.25 points (down 271.86 points, a decline of -0.51%)
S&P 500 Index :7,718.60 points (down 29.11 points, a decline of -0.38%)
Nasdaq Composite Index :26,506.99 points (down 77.07 points, a decline of -0.29%)
However, the US stock market was not uniformly weak. The semiconductor sector performed relatively strongly, with chip-related stocks attracting overall capital attention. Notably, NVIDIA, AMD, and SanDisk outperformed the broader market.
Meanwhile, consumer and some large tech stocks were under pressure. Tesla experienced a significant decline, and Lululemon dropped sharply due to earnings and full-year guidance concerns.
2. TEBBIT US Stock Perpetual Market｜September 4 Trading Day Statistics
Statistical benchmark: Closing prices of US stock regular trading hours on September 4, 2026
The following data refer to the corresponding US stock closing performance on September 4 during regular trading hours, used to reflect the spot market performance corresponding to TEBBIT USDT perpetual contracts.
| TEBBIT Perpetual Contract | Corresponding US Stock | Closing Reference Price on Sept 4 | Daily Change |
| NVDAUSDT | NVIDIA | $230.36 | +0.84% |
| TSLAUSDT | Tesla | $354.08 | -5.89% |
| AAPLUSDT | Apple | $319.97 | -2.51% |
| MSFTUSDT | Microsoft | $499.70 | -2.04% |
| AMZNUSDT | Amazon | $258.51 | -0.15% |
| METAUSDT | Meta Platforms | $616.77 | +1.00% |
| SNDKUSDT | SanDisk | $1,740.00 | +11.90% |
| SPYUSDT | SPDR S&P 500 ETF | $770.19 | -0.39% |
Data Explanation
This table references closing prices and daily changes, uniformly based on the **regular US stock trading hours on September 4, 2026 (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 off-market fluctuations, thus may differ from corresponding spot prices.
**Special note:** The daily change shown here corresponds to the regular trading session change of the related US stock/ETF, not the TEBBIT perpetual contract’s own rolling 24-hour change. Real-time market data and trading information are subject to TEBBIT platform display.
3. Market Observation
On September 4, market trading logic mainly focused 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 the previous day’s Waller speech to US employment data.
Previously, Waller’s remarks reduced market concerns about a September rate hike, but the stronger-than-expected employment report changed market pricing again.
August nonfarm payrolls rose by 162,000, far exceeding the market expectation of 56,000, causing investors to reassess US economic resilience and inflation pressures.
Market expectations for a 25 basis point rate hike in September thus rose significantly, with the probability briefly reaching about 58%.
This means current Fed 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 along the chain:
Employment → Inflation → Interest Rates → US Treasury Yields → Tech Stock Valuations
This pricing chain will guide market behavior.
4. Key Stock｜NVDAUSDT
NVIDIA remains a key directional indicator in the current AI and semiconductor sectors.
On September 4, amid the overall US stock pullback, NVIDIA performed relatively strongly.
Previously, NVIDIA announced it would acquire Hugging Face for approximately $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.
The market’s focus on NVIDIA has shifted 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 ecosystems
• Data center business growth
• Gross margin changes
• AI investment returns
Notably, there is clear differentiation within the AI industry chain.
NVIDIA, AMD, and SanDisk showed strong performance, while Broadcom faced pressure due to its latest earnings guidance falling short of some market expectations.
Therefore, the market may shift from an "overall AI sector rise" to:
Who can truly achieve order growth, capital expenditure, and profit realization.
5. September 5 News Highlights
1｜US August Nonfarm Payrolls Significantly Exceed Expectations
US August nonfarm payrolls increased by 162,000, far surpassing the previous market expectation of about 56,000.
The unemployment rate remained at 4.1%, with previous two months’ employment data revised upward.
Strong employment data indicate the US economy maintains some short-term resilience but also increase Fed policy pressure to control inflation.
Key points to watch:
• Nonfarm payrolls
• Unemployment rate
• Wage growth
• CPI / PCE
• Fed rate decisions
• US Treasury yields
2｜Fed September Rate Hike Expectations Reheat
After the employment data release, the market raised its bets on a Fed rate hike in September.
Earlier, Waller’s dovish remarks had reduced rate hike expectations, but the strong employment data prompted a reassessment of the rate path.
This implies more pronounced two-way volatility may occur:
Strong Employment → Rising Rate Hike Expectations → Higher US 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 stood out.
NVIDIA rose about 2.4% that day, AMD also showed strong performance, and SanDisk surged more than 10%.
This indicates that AI and storage chip-related assets continue to attract market attention.
However, clear differentiation has emerged within AI semiconductors, with investors increasingly focusing on:
Orders｜Earnings｜Capital Expenditure｜Profit Margins｜Valuations
Rather than simply chasing AI concepts.
4｜Tesla Sharp Pullback
Tesla’s performance on September 4 was noticeably weaker than the market.
After a significant prior rally, Tesla experienced profit-taking that day, closing down about 5.7%.
Market attention remains on:
Autonomous Driving｜Robotaxi｜AI Business｜Car Deliveries｜Profit Margins
and other factors.
Tesla’s stock is highly volatile and may experience large short-term swings when risk appetite for US tech stocks changes.
5｜US Market Enters Labor Day Holiday
September 4 is the last trading day before the US Labor Day holiday.
September 7 (Monday) is Labor Day in the US, and US stock regular markets will be closed.
Therefore, the next normal US stock trading day will be September 8 (Tuesday).
During the holiday, other global markets and related assets may continue to fluctuate. If TEBBIT US stock perpetual contracts maintain continuous trading, users should pay attention to liquidity changes and potential gap risks on the next trading day.
6. Today’s Focus
Currently, the market focuses on five main themes:
US Employment｜Fed Policy｜US Treasury Yields｜NVIDIA｜AI and Semiconductors
In the short term, the market has shifted from the previous day’s “rate cut/no hike expectation improvement” to the logic of “strong employment may push the Fed to maintain a tight policy”.
Therefore:
Strong Employment + High Inflation
may continue to push US Treasury yields higher, pressuring high-valuation tech stocks.
While:
Weak Employment + Cooling Inflation
may reinforce market expectations for easing policies, supporting growth stocks.
Tech sector key stocks to watch:
NVDA｜SNDK｜AMD｜META｜MSFT｜AMZN｜TSLA
Among them, NVDA and SNDK remain important observation targets in the AI chip and storage industry chain.
7. Today’s Trading Hours Reminder
US Stock Trading Hours｜21:30–04:00 (Beijing Time)
During US daylight saving time, the regular US stock trading hours correspond to Beijing time 21:30–04:00.
However, due to the US Labor Day holiday on September 7, the next normal 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 is usually lower than during regular trading hours. Major economic data releases, corporate announcements, and unexpected market events may cause rapid price fluctuations.
Weekends and US Holidays
September 5 and 6 are weekend days, and September 7 is US Labor Day, with US regular markets closed.
TEBBIT US stock perpetual contracts may continue trading during US market closures; attention should be paid to:
Market Liquidity｜Price Deviations｜Amplified Volatility｜Next Trading Day Gap Risk
Actual trading times and market data are subject to TEBBIT platform display.
8. Risk Warning
US stock perpetual contracts are leveraged trading products and prices may experience significant volatility.
The current market environment is influenced by multiple factors, including Fed policy expectation fluctuations, stronger-than-expected employment data, AI sector high valuations, and changes in US Treasury yields.
US employment, inflation, Fed officials’ speeches, corporate earnings, and major AI industry chain news can all cause rapid short-term price swings in related securities.
Especially during US market closures, global market and related asset price changes may further amplify opening volatility on the next trading day.
Please manage positions and leverage prudently, and fully consider 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.
Relevant market data is 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, and their actual transaction prices, mark prices, and settlement prices may differ from the corresponding US stock spot market prices.
Users should make independent judgments based on their own circumstances and bear relevant trading risks themselves.
TEBBIT Team