Daily briefing

Morning Briefing

Thursday, 24 September 2026

Compiled via live web search in the early hours of 24 September 2026 Hong Kong time, covering developments from the preceding 48 hours plus market data through Wednesday's close in New York and Hong Kong; where a price series lags, that is noted.

World newspast 48 hours

Mainland Chinatop 3

Hong Kong SARtop 3

Marketspast 24 hours

US stocks fell Wednesday as Treasury yields jumped: the S&P 500 dropped 0.75% to 7,706.03, the Dow lost 0.68% to 51,511.59 and the Nasdaq Composite slid 1.13% to 26,936.04. The 10-year Treasury yield rose to about 5.11%, its highest since 2007, after composite and services PMI readings hit five-year highs (58.4 and 58.7) and Fed Governor Michael Barr said further rate hikes are likely needed against sticky inflation; markets now price roughly 70% odds of an October hike. The Hang Seng Index fell about 1% (215 points) to roughly 24,873, snapping a three-session winning streak as investors booked profits in tech names ahead of the Xi-Trump summit.

Chip and AI-infrastructure names stayed in focus, and prices.json's equity rows run through Wednesday 23 September's close, in line with the index moves above. AMD closed at $614.61 after crossing a $1 trillion market cap for the first time on Monday (closing $615.52), the fourth US chip company to do so after Nvidia ($225.51), Broadcom ($354.99) and Micron. Micron closed at $1,071.88 ahead of its 30 September fiscal Q4 earnings, with analysts expecting about $31 a share versus $3 a year earlier after a roughly 240% year-to-date run; TSMC closed at $446.57.

Software and fintech names were more mixed: Palantir extended its rally to close at $191.79, while Microsoft eased slightly to $500.59, Block fell to $74.68 and SoFi slipped to $16.55.

Gold (GLD ETF) fell to $392.88 on Wednesday from $400.07 a day earlier, per prices.json, as rising yields dulled its appeal, though it still holds most of its strong summer run from around $374 in late July. Bitcoin and ether readings in prices.json are lagged one session, to Tuesday's close of $86,198 and $2,753 respectively; bitcoin had touched $86,595 on Monday, an eight-month high, on nearly $999 million of single-day spot ETF inflows, its strongest in about 11 months, followed by a further $715 million of inflows on Tuesday.

Oil and Treasury yields in prices.json are also one session behind, at $96.41 for WTI and 4.96% for the 10-year yield as of Tuesday. Current reporting puts Wednesday's close at WTI $92.16 (+1.8%) and Brent $103.08 (+3.9%), snapping a five-day losing streak on the US-Iran talks and a planned Saudi pipeline restart bypassing the Strait of Hormuz, while the 10-year yield is reported to have climbed further to about 5.11%, the highest since July 2007, on the hot PMI data and hawkish Fed commentary.

NameLast1 dayMoveVolumeAs of
Equities & semis
NVDANvidia$225.51-1.47%0.7x avg09-23
AVGOBroadcom$354.99-2.62%0.9x avg09-23
MSFTMicrosoft$500.59+0.52%0.9x avg09-23
PLTRPalantir$191.79+3.68%1.2x avg09-23
TSMTSMC$446.57-1.20%1.0x avg09-23
MUMicron$1,072-2.22%0.8x avg09-23
XYZBlock$74.68-3.68%1.3x avg09-23
SOFISoFi$16.55-3.55%1.3x avg09-23
Crypto
BTCBitcoin$86,198-0.46%1.3x avg09-22
ETHEthereum$2,753-0.80%1.2x avg09-22
Commodities & rates
XAUGold (GLD ETF)$392.88-1.80%0.6x avg09-23
WTICrude oil (WTI)$96.41-0.58%09-22
US10YUS 10-year yield4.96%+0 bp09-22

Charts30 sessions · price and volume

NVDA Nvidia $225.51 -1.47% 30d +0.6% vol 86M · 0.7× avg
AVGO Broadcom $354.99 -2.62% 30d -14.7% vol 22M · 0.9× avg
MSFT Microsoft $500.59 +0.52% 30d +1.7% vol 19M · 0.9× avg
PLTR Palantir $191.79 +3.68% 30d +12.1% vol 35M · 1.2× avg
TSM TSMC $446.57 -1.20% 30d +4.1% vol 10M · 1.0× avg
MU Micron $1,072 -2.22% 30d +17.6% vol 21M · 0.8× avg
XYZ Block $74.68 -3.68% 30d -4.6% vol 5M · 1.3× avg
SOFI SoFi $16.55 -3.55% 30d -7.7% vol 56M · 1.3× avg
BTC Bitcoin $86,198 -0.46% 30d +9.1% vol 9K · 1.3× avg
ETH Ethereum $2,753 -0.80% 30d +10.9% vol 125K · 1.2× avg
XAU Gold (GLD ETF) $392.88 -1.80% 30d -3.0% vol 7M · 0.6× avg
WTI Crude oil (WTI) $96.41 -0.58% 30d +13.7%
US10Y US 10-year yield 4.96% +0 bp 30d +26 bp

AI industrypast 48 hours

Coverage gaps, stated not hidden. The Japan 10-year JGB yield is not carried by this data source and appears in the written Markets section only. BESI (Euronext) and ASMPT (HKEX 0522) are non-US listings outside the free data tier, so they are omitted rather than approximated. Intraday data is a paid endpoint, so the panels show daily closes over 30 sessions rather than a single session's tick action.