United States Baker Hughes US Oil Rig Count: 487 vs 486

The crypto market triggered a wave of sell-offs, with Bitcoin plunging below the key $78,000 mark and altcoins broadly following suit.

A hawkish bombshell from the Federal Reserve triggered a bloodbath in Japanese and South Korean stock markets at the open. South Korean stocks plummeted 3%, breaching the 6,600-point mark, while the Nikkei neared the 65,000 level, led down by tech heavyweights.

TradingKey - Alphabet leads the Magnificent Seven ranking as Nvidia posts 106% growth. Here is what investors should watch across Big Tech in the week beginning August 31.

TradingKey - NVDA surged 8.7% to $227.98 after earnings. Compare AMD, Broadcom, Marvell and Arm as AI spending accelerates and the next major chip cycle takes shape.

TradingKey - In the coming week (August 31 to September 4), market focus will gradually shift to the August non-farm payrolls report. As the final monthly employment report before the September FOMC meeting, the non-farm data will serve as a crucial basis for assessing U.S. labor market conditions and the Federal Reserve's policy path in September.