HK Movers | Z.AI Jumps over 5% as It Raises Year‑End ARR Guidance 25% to $3 Billion

TradingKey - The Federal Reserve will announce its September rate decision at 2:00 p.m. ET on Wednesday (September 16), followed by a press conference held by Fed Chair Kevin Warsh at 2:30 p.m. The meeting will also release the latest economic projections and the interest rate dot plot.

The stalling of the Clarity Act has triggered a sell-off, sending XRP down over 9% and increasing the likelihood of a retest of the $1 level.

The SK Hynix labor union has approved a new wage agreement, under which bonuses will be distributed in an equal split of cash and stock.

The procedural vote on the Clarity Act failed, sending Bitcoin below $75,000 and causing crypto stocks to plunge across the board.

The 10-year U.S. Treasury yield briefly surged to its highest level since 2007, while international crude oil prices surpassed $100, both weighing on market sentiment as U.S. equities extended their decline, though chip stocks bucked the trend to post gains. At the close, the Dow Jones Industrial Average fell 0.63% to 52,093.11; the Nasdaq Composite Index dropped 0.78% to 25,981.57; and the S&P 500 Index slipped 0.45% to 7,585.73.