U.S. stocks continue to rise in early trading, traders prepare for Fed rate cuts

According to ChainCatcher, according to Kingshin, the U.S. stock market maintained an upward trend in the early trading on Tuesday and is testing a new round of historical highs. In terms of individual stocks, Oracle's stock price rose sharply, and Tesla's stock price still rose despite facing investigation. Economic data show that retail sales in the United States grew for the third consecutive month in August, and the increase covered a wide range, highlighting the resilience of consumer spending. The latest survey by Bank of America shows that the net value of "over-allocation" among global fund managers is 28%, the highest level in seven months.