March 9 news, U. S. time Wednesday, U. S. stocks closed mixed major stock index, the Dow fell for two days in a row. In testimony to the House Financial Services Committee, Federal Reserve Chairman Colin Powell said the Fed has not yet made any decision on the extent by which interest rates may be raised later this month.

The Dow closed at 32798.40.Down 58.06 points, or 0.18%The S & P 500 index closed at 3992.01An increase of 0.14%The NASDAQ closed at 11576An increase of 0.40%。

Large technology stocks generally rose, with Netflix up more than 1%; Microsoft fell, but not more than 1%.

Chip leading stocks generally rose, with Nvidia and AMD up more than 3 per cent, while TSMC, Texas Instruments and Micron rose more than 2 per cent.

Chip leading stocks generally rose, with Nvidia and AMD up more than 3 per cent, while TSMC, Texas Instruments and Micron rose more than 2 per cent.

Among the leading ecommerce stocks, Alibaba fell 2.01%, JD.com rose 0.88%, and pinduoduo fell 0.68%.

Among the leading ecommerce stocks, Alibaba fell 2.01%, JD.com rose 0.88%, and pinduoduo fell 0.68%.

Specifically, The major technology stocks in US stocks performed as follows:

The major chip stocks in US stocks performed as follows:

The performances of the hot US-listed Chinese stocks are as follows:

Federal Reserve Chairman Colin Powell continues to give semi-annual monetary policy testimony in Congress, which is closely watched by investors. In testimony to the House Financial Services Committee on Wednesday local time, Mr Powell said that despite strong job market data and rising inflation in January, the Fed had not yet made any decision on the extent to which interest rates might rise later this month.

Powell stressed that the Fed is not on a "predetermined path". "We have not made any decision on the March meeting," he said. We won't do this until we see more data. "

In testimony to the Senate Banking Committee on Tuesday, Powell said the Fed is prepared to speed up interest rate hikes if the data show the need to curb inflation.

Powell's comments on Tuesday pushed the yield on two-year Treasuries to their highest level since 2007. More investors are betting that the fed could raise interest rates by 50 basis points within two weeks and eventually raise them to 5.65 per cent by the end of the year.

The number of U.S. job openings fell to 10.8 million in January from 11.2 million in December, according to data released by the Labor Department on Wednesday. However, the number of job vacancies remains high, indicating that the labour market is still very strong.

Meanwhile, private-sector employment in the United States rose by 242000 in February, according to payroll service company ADP on Wednesday. The figure is higher than the revised 119000 last month. Economists had expected the private sector to add 205000 jobs.

The Federal Reserve's beige book shows that overall economic activity in the United States rose slightly at the beginning of 2023, and inflationary pressures are still widespread, although price increases have slowed in many areas.