The expectation of the Federal Reserve raising interest rates has cooled down, and the Nasdaq opened 1.22% higher

Non farm performance is weak, expectations of Fed interest rate hikes are cooling down, and the three major US stock indices collectively opened higher. The Nasdaq rose 1.22%, the Dow Jones Industrial Average rose 0.63%, and the S&P 500 index rose 0.85%. The seven tech giants collectively opened high, with Apple up 0.87%, Tesla up 1.6%, Microsoft up 1.45%, Amazon up 1.7%, Nvidia up 2.3%, Google up 1.3%, and Meta up 1.3%. HDD stocks opened significantly lower, with Seagate Technology falling over 15% and Western Digital falling over 9%. AI interpretation: The significant weakening of non farm employment data directly shakes the strong expectations of the labor market. The slowdown in employment growth weakened the policy confidence of the Federal Reserve to maintain high interest rates, and the market quickly corrected the monetary policy path. This data provides the core driving force for interest rate cuts, directly driving up the prices of risk assets. The cooling of the job market has clearly weakened the momentum of economic growth, and the pricing logic of the market has shifted from anti inflation to anti recession.