U.S. stocks closed higher across the board on Wednesday, with the Nasdaq gaining over 1%.

As of 4:00 PM ET on August 6 (4:00 AM Beijing time on August 7), the Dow Jones Industrial Average rose 81.38 points to close at 44,193.12, up 0.18%. The Nasdaq Composite gained 252.87 points to close at 21,169.42, up 1.21%. The S&P 500 Index advanced 45.87 points to close at 6,345.06, up 0.73%.

Most major U.S. tech stocks posted gains. Apple surged over 5%, Amazon rose approximately 4%, Tesla climbed more than 3%, Meta gained over 1%, Google increased 0.73%, and NVIDIA advanced 0.65%. Microsoft declined 0.53%. Apple announced it would increase its U.S. investment commitment by $100 billion.

Chinese stocks traded in the U.S. mostly rose, with the Nasdaq Golden Dragon China Index up 0.93%. Individual stocks saw mixed performance: I-Mab gained nearly 11%, The9 Limited rose over 9%, HUYA Inc. climbed more than 5%, Yatsen Holding Limited advanced over 4%, and PAIC Financial Services rose more than 4%. Meanwhile, China Jinmao Holdings Group fell over 11%, Wuxi AppTec declined nearly 6%, Li Auto dropped over 5%, Legend Biotech fell approximately 4%, and Dingdong (Cayman) Limited declined over 2%.

According to reports, Apple's stock price climbed following news of increased U.S. investment commitments, and the latest batch of corporate earnings reports were largely optimistic. Increased bets on Federal Reserve rate cuts in September also supported the market. The CME Group's FedWatch tool showed a 93.2% probability of a September rate cut, compared to just 46.7% the previous week. Traders are also betting on at least two rate cuts by the end of 2025.

European Markets: European major indices all closed higher on August 6. The UK's FTSE 100 index closed at 9,164.31 points, up 21.58 points or 0.24% from the previous trading day. France's CAC 40 index closed at 7,635.03 points, up 13.99 points or 0.18%. Germany's DAX index closed at 23,924.36 points, up 78.29 points or 0.33%.

Oil Prices: International oil prices fell on August 6. WTI crude oil futures for September delivery dropped 81 cents to close at $64.35 per barrel, down 1.24%. Brent crude oil futures for October delivery fell 75 cents to close at $66.89 per barrel, down 1.11%.

U.S. Dollar Index: The U.S. dollar index declined on August 6. The index, which measures the dollar against six major currencies, fell 0.61% to close at 98.177 in late New York trading. At the close of New York forex markets, 1 euro traded at 1.1663 dollars, up from 1.1574 dollars the previous trading day; 1 British pound traded at 1.3363 dollars, up from 1.3295 dollars; 1 dollar traded at 147.07 yen, down from 147.61 yen; 1 dollar traded at 0.8063 Swiss francs, down from 0.8074 Swiss francs; 1 dollar traded at 1.3742 Canadian dollars, down from 1.3784 Canadian dollars; 1 dollar traded at 9.6068 Swedish kronor, down from 9.6722 Swedish kronor.