U.S. stocks closed higher, Intel surged, Hynix plans to acquire Intel chip park
On July 21 (Tuesday), Eastern Time, the three major U.S. stock indexes collectively closed higher. The S&P 500 (SPX) index rose 0.89% to 7,509.20 points; the Dow Jones Index rose 0.74% to 52,224.64 points; and the Nasdaq (NDAQ) Index rose 1.29% to 25,837.21 points. On July 21, the benchmark 10-year U.S. Treasury yield was 4.63%, and the 2-year U.S. Treasury yield, which is most sensitive to the Federal Reserve’s policy interest rate, was 4.26%. Among popular U.S. stocks, Nvidia (NVDA) rose 1.97%, Apple (AAPL) rose 0.35%, Google A (GOOGL) fell 1.38%, Google C (GOOG) fell 1.47%, Microsoft (MSFT) fell 1.13%, and Amazon (AM) ZN) fell 0.98%, TSMC (TSM) rose 5.51%, Meta (META) fell 0.32%, Tesla (TSLA) rose 2.53%, AMD Semiconductor (AMD) rose 8.11%, and Intel (INTC) rose 8.64%. Index rise and fall points: French cac40 (FCHI) 0.28% 8363.14 British FTSE 100 (FTSE) 0.58% 10585.91 German dax (GDAXI) 0.66% 25011.35 Russian rts (RTS) 3.59% 833.64 On July 21, overnight Hang Seng Technology Index futures rose 1.35%, the Nasdaq (NDAQ) China Golden Dragon Index fell 0.68%, and the FTSE China A50 Index rose 2.41%. In terms of popular Chinese concept stocks, Tencent Holdings (HK0700) (Hong Kong stocks) fell 0.80%, Alibaba (BABA) fell 1.97%, Pinduoduo (PDD) fell 1.42%, NetEase (NT) ES) fell 3.47%, Baidu (BIDU) fell 1.45%, Ctrip (TCOM) fell 1.22%, Li Auto (LI) fell 1.29%, and NIO (NIO) fell 0.52%. Foreign exchange rate rise and fall (basis points) USD/CNY (away) 6.77-4.1 bp USD/EUR 0.88-1 bp USD/JPY 163.21+130 bp The latest price of commodity futures rise and fall: COMEX silver 4.57% 58.97 US dollars/ounce COMEX gold 1.37% 4068.80 US dollars/ounce WTI crude oil 0.79% 83.14 US dollars/barrel Brent crude oil 0.62% 88.81 US dollars/barrel LME copper 0.89% 13621.19 US dollars/ton
SK Hynix (SKHY) is in talks to acquire Intel's (INTC) chip park in Ohio. SK Hynix (SKHY) is reportedly in talks to acquire Intel's (INTC) chip park in Ohio. (Financial Associated Press) The probability of the Federal Reserve keeping interest rates unchanged in July is 74.9%. According to CME's "Fed Watch": the probability of the Federal Reserve keeping interest rates unchanged in July is 74.9%, and the probability of raising interest rates by 25 basis points cumulatively is 25.1%. The probability that the Fed will keep interest rates unchanged until September is 28.9%, the probability of a cumulative interest rate hike of 25 basis points is 55.7%, and the probability of a cumulative 50 basis point interest rate hike is 15.4%. (Financial Associated Press) Investment returns soar to the highest in decades. Arbitrage trades are popular on Wall Street. Faced with incredibly low volatility in various assets, investors have piled into arbitrage trades, giving one of the most enduring foreign exchange bets the most dazzling performance in decades. This strategy of borrowing low-yielding currencies to invest in higher-yielding places has confirmed its status as a winner in 2026, as the global economy remains unexpectedly resilient under the oil shock caused by the Iran war. That environment has dampened market volatility and whetted the appetite for risk among traders chasing higher yields in developing countries. One approach that strategists at banks including Citigroup Inc. have been talking about recently is borrowing euros to buy a basket of currencies including the Brazilian real, the Colombian peso and the Turkish lira. Data show that as of last week, the strategy was up about 18% year-to-date, the largest gain for the year since 2005. Arbitrage appears to be the most powerful strategy among foreign exchange traders this year, easily surpassing other high-profile techniques such as momentum or value. Citigroup (C), Goldman Sachs (GS) Group and JPMorgan Chase (JPM) have highlighted it in research reports, while investors such as Nuveen and Vontobel believe it still has room to rise. (Financial Associated Press) OpenAI: The security vulnerability encountered by Hugging Face was caused by one of its models. According to reports, OpenAI stated that the security vulnerability encountered by Hugging Face was caused by one of its models. (Finance News Agency) OpenAI hired two independent directors before its initial public offering. OpenAI hired two independent directors before its initial public offering. They are David Velez, founder and CEO of digital bank Nubank, and Robin Vince, CEO of Bank of New York Mellon (BNY). OpenAI CEO will introduce next-generation artificial intelligence (885728) model to U.S. officials OpenAI executives said the company's CEO Sam Altman plans to introduce the upcoming next-generation artificial intelligence (885728) model to the Trump administration and U.S. lawmakers next week, as the United States begins to establish a security review process for cutting-edge artificial intelligence (885728) systems. Chris Lehane, global public affairs director for OpenAI, said on Tuesday that Altman's move comes as U.S. officials develop a security review framework for artificial intelligence (885728), which is expected to be completed in the coming weeks. Lehane said part of Altman's meeting will focus on the company's new line of models, including how they will impact work. "We think this family of models is going to have some very interesting capabilities, particularly around work and the scaling of work," Lehane said at a briefing in Washington. (Sina Finance) OpenAI product manager Tibo: Weekly active users of Codex and ChatGPT Work have exceeded 10 million. OpenAI product manager Tibo said that weekly active users of Codex and ChatGPT Work have exceeded 10 million. OpenAI: Launches ChatGPT solution for small and medium-sized enterprises OpenAI: Launches ChatGPT solution for small and medium-sized enterprises. ChatGPT Work and GPT-5.6 are available to small businesses starting today. (Sina Finance) SpaceXAI: Will introduce GROK into Microsoft (MSFT) Outlook SpaceXAI said it will introduce GR
OK introduces Microsoft (MSFT) Outlook. Outlook for GROK, a Microsoft 365 add-on, is available to all paid X and SUPERGROK users today. (Finance News Agency) Meta (META) said that the new parental monitoring tool will be launched in Threads. Meta (META) said that the new parental monitoring tool will be launched in Threads. Parents can understand how much time their teenagers (10-20 years old) spend on Threads. (Financial Associated Press)
SK Hynix (SKHY) is in talks to acquire Intel's (INTC) chip park in Ohio. SK Hynix (SKHY) is reportedly in talks to acquire Intel's (INTC) chip park in Ohio. (Financial Associated Press) The probability of the Federal Reserve keeping interest rates unchanged in July is 74.9%. According to CME's "Fed Watch": the probability of the Federal Reserve keeping interest rates unchanged in July is 74.9%, and the probability of raising interest rates by 25 basis points cumulatively is 25.1%. The probability that the Fed will keep interest rates unchanged until September is 28.9%, the probability of a cumulative interest rate hike of 25 basis points is 55.7%, and the probability of a cumulative 50 basis point interest rate hike is 15.4%. (Financial Associated Press) Investment returns soar to the highest in decades. Arbitrage trades are popular on Wall Street. Faced with incredibly low volatility in various assets, investors have piled into arbitrage trades, giving one of the most enduring foreign exchange bets the most dazzling performance in decades. This strategy of borrowing low-yielding currencies to invest in higher-yielding places has confirmed its status as a winner in 2026, as the global economy remains unexpectedly resilient under the oil shock caused by the Iran war. That environment has dampened market volatility and whetted the appetite for risk among traders chasing higher yields in developing countries. One approach that strategists at banks including Citigroup Inc. have been talking about recently is borrowing euros to buy a basket of currencies including the Brazilian real, the Colombian peso and the Turkish lira. Data show that as of last week, the strategy was up about 18% year-to-date, the largest gain for the year since 2005. Arbitrage appears to be the most powerful strategy among foreign exchange traders this year, easily surpassing other high-profile techniques such as momentum or value. Citigroup (C), Goldman Sachs (GS) Group and JPMorgan Chase (JPM) have highlighted it in research reports, while investors such as Nuveen and Vontobel believe it still has room to rise. (Financial Associated Press) OpenAI: The security vulnerability encountered by Hugging Face was caused by one of its models. According to reports, OpenAI stated that the security vulnerability encountered by Hugging Face was caused by one of its models. (Finance News Agency) OpenAI hired two independent directors before its initial public offering. OpenAI hired two independent directors before its initial public offering. They are David Velez, founder and CEO of digital bank Nubank, and Robin Vince, CEO of Bank of New York Mellon (BNY). OpenAI CEO will introduce next-generation artificial intelligence (885728) model to U.S. officials OpenAI executives said the company's CEO Sam Altman plans to introduce the upcoming next-generation artificial intelligence (885728) model to the Trump administration and U.S. lawmakers next week, as the United States begins to establish a security review process for cutting-edge artificial intelligence (885728) systems. Chris Lehane, global public affairs director for OpenAI, said on Tuesday that Altman's move comes as U.S. officials develop a security review framework for artificial intelligence (885728), which is expected to be completed in the coming weeks. Lehane said part of Altman's meeting will focus on the company's new line of models, including how they will impact work. "We think this family of models is going to have some very interesting capabilities, particularly around work and the scaling of work," Lehane said at a briefing in Washington. (Sina Finance) OpenAI product manager Tibo: Weekly active users of Codex and ChatGPT Work have exceeded 10 million. OpenAI product manager Tibo said that weekly active users of Codex and ChatGPT Work have exceeded 10 million. OpenAI: Launches ChatGPT solution for small and medium-sized enterprises OpenAI: Launches ChatGPT solution for small and medium-sized enterprises. ChatGPT Work and GPT-5.6 are available to small businesses starting today. (Sina Finance) SpaceXAI: Will introduce GROK into Microsoft (MSFT) Outlook SpaceXAI said it will introduce GR
OK introduces Microsoft (MSFT) Outlook. Outlook for GROK, a Microsoft 365 add-on, is available to all paid X and SUPERGROK users today. (Finance News Agency) Meta (META) said that the new parental monitoring tool will be launched in Threads. Meta (META) said that the new parental monitoring tool will be launched in Threads. Parents can understand how much time their teenagers (10-20 years old) spend on Threads. (Financial Associated Press)