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tz-plus logo Cautious Start of the Week on European Markets - US Exchanges Closed for Labor Day - Silver Price Surpasses $40 for the First Time - Alibaba Benefits from Cloud and E-Commerce Boom - X-Peng Reports Record Deliveries - BYD Reports 30% Drop in Quarterly Profits - Meta Considers Collaboration with Google and OpenAI for AI Functions

M. Blattmann
Reading Time: 9 minutes

Stock markets with a cautious start of the week - silver exceeds $40 for the first time The stock markets began the new month with cautious stability after the recent sell-off in the technology sector was initially halted. Commodity markets also became a focal point: silver rose above the $40 per ounce mark for the first time since 2011, while gold neared its all-time high – driven by speculation about a possible interest rate cut by the US Federal Reserve. Investors anticipate increased volatility in the coming weeks, as labor market...

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