Global News | The three major U.S. stock indices fluctuate unpredictably, with a 99.4% probability that the Federal Reserve will keep interest rates unchanged

【U.S. Stock Indices】

On March 11th, Wednesday, U.S. stock three major indices fluctuated. The S&P 500 fell 0.08% to 6,775.80; the Dow Jones Industrial Average dropped 0.61% to 47,417.27; the Nasdaq rose 0.08% to 22,716.13.

【U.S. Bonds】

On March 11th, the benchmark 10-year U.S. Treasury yield was 4.21%, and the yield on the 2-year Treasury, most sensitive to Federal Reserve policy rates, was 3.64%.

【Popular U.S. Stocks】

Among popular U.S. stocks, Nvidia rose 0.67%, Apple fell 0.01%, Google A increased 0.54%, Google C increased 0.49%, Microsoft declined 0.22%, Amazon dropped 0.78%, TSMC rose 2.10%, Meta increased 0.12%, Tesla rose 2.15%, Super Micro Semiconductor increased 0.79%, Intel rose 2.57%.

【Global Indices】

【Chinese Indices】

On March 11th, overnight Hang Seng Tech Index futures declined 0.10%, Nasdaq China Golden Dragon Index fell 0.77%, FTSE China A50 Index rose 0.98%.

【Chinese Concept Stocks】

Among popular Chinese concept stocks, Tencent Holdings (HK) fell 0.27%, Alibaba dropped 0.42%, Pinduoduo declined 1.83%, NetEase fell 2.12%, Baidu decreased 0.28%, Ctrip dropped 2.03%, Li Auto rose 2.98%, Xpeng Motors increased 2.17%, NIO fell 3.95%.

【Forex and Commodities】

【Global News】

Federal Reserve Probability of Holding Rates Steady in March is 99.4%

According to CME “FedWatch”: The probability of the Fed cutting rates by 25 basis points in March is 0.6%, and the probability of holding rates steady is 99.4%. The chance of a cumulative 25 basis point cut by April is 11.9%, with an 88.1% chance of no change, and a 0.1% chance of a 50 basis point cut. By June, the probability of a total 25 basis point cut is 33.8%.

Gulman: Apple to Launch Foldable iPhone with iPad-like Layout

Tech journalist Gulman reports that Apple will release a foldable iPhone this fall, which will update iOS to feature a layout similar to an iPad. Insiders reveal that this device will have a built-in foldable display roughly the size of an iPad mini, along with an external screen comparable to a small iPhone display. The internal display will adopt a widescreen aspect ratio, different from the narrow screens typical of current foldable phones. Insiders say this will be a key selling point. Apple aims to enhance video viewing experience and make it easier for developers to redesign iPhone apps to resemble iPad software.

Nvidia to Invest $26 Billion Over Five Years to Develop Top Global Open-Source Models

Nvidia plans to invest a total of $26 billion over the next five years to develop world-leading open-source models.

Apple’s Foldable iPhone Expected to Launch Later This Year

Apple’s foldable iPhone is expected to be released later this year.

U.S. Budget Deficit in February Reached $308 Billion

On March 11th, U.S. Treasury Department data showed that the federal budget deficit for February 2026 was $308 billion. (CCTV News)

Wednesday, the Federal Reserve’s Overnight Reverse Repurchase Agreement Scale Reached $552 Million

On Wednesday, the Fed’s overnight reverse repo operations totaled $552 million, up from $278 million the previous trading day.

Fitch: Cooling Labor Market and Slowing Wage Growth May Lead the Fed to Cut Rates Twice in 2026

Fitch suggests that a cooling labor market and slowing wage growth could prompt the Fed to cut rates twice in 2026.

Intel Announces New Intel Core Ultra 200S+ Desktop Processors

Intel announced the launch of the new Intel Core Ultra 200S+ series desktop processors.

Microsoft Launches End-to-End Modernization Solution for Intelligent Agents

Microsoft introduces an end-to-end modernization solution for intelligent agents.

Nvidia Launches NEMOTRON 3 Super

Nvidia releases NEMOTRON 3 Super, which offers a fivefold increase in throughput for AI (Agentic AI) models.