The Federal Reserve cut interest rates by 50 basis points overnight, but Powell hinted that there is no rush for another significant rate cut.

The world is digesting the impact of the Fed's rate cut on global financial markets.

On Thursday, September 19th, U.S. stock futures across the board rose, and European stocks opened high and continued to climb.

[18:36 Update] The Euro Stoxx 50 index rose nearly 2%, the German DAX index rose by 1.5%, the UK's FTSE 100 index increased by 1.25%, and the French CAC 40 index rose by 2%.

[17:20 Update] U.S. stock futures extended gains, with the Nasdaq 100 index futures up 2%, the S&P 500 index futures up 1.5%, and Dow futures up 1.1%.

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[16:08 Update] U.S. stock futures across the board rose, and European stocks opened high and continued to climb.

U.S. pre-market chip stocks generally rose.

TSMC, ASML, AMD, ARM, and Nvidia all rose more than 2%.

Chinese concept stocks generally rose, with JD.com rising more than 6%, Bilibili rising more than 5%, Alibaba rising nearly 4%, and Pinduoduo rising more than 2%.

[15:41 Update] Spot gold touched $2580 per ounce, up 0.8% during the day.

London copper futures rose to the highest level since mid-July, initially reporting $9510.5 per ton.

Both Brent and WTI crude oil rose more than 1% during the day, respectively reporting $73.63 per barrel and $70.68 per barrel.

[15:08 Update] Dow futures rose 0.7%, S&P futures rose 1.15%, Nasdaq 100 index futures rose 1.74%, and Russell 2000 index futures rose 1.72%.

The yen turned positive.

The U.S. dollar/yen fell 0.08% during the day.

Both spot gold and silver rose.

[13:32 Update] The MSCI Asia Pacific Index rose 1.35%.

The Straits Times Index in Singapore rose 1% to 3628.43 points.

The yen's decline further narrowed, with the U.S. dollar/yen rising 0.34% during the day to 142.78.

[11:33 Update] Japanese stocks opened high and continued to climb, with the Nikkei 225 index rising 2.49% by midday, and the Topix index rising 2.34%.

South Korean stocks opened high and then fell, with the KOSPI composite index falling 0.25% by midday.

The MSCI Asia Pacific Index was lifted during the session, with the current increase expanding to 1%.

The U.S. dollar/yen rose 0.59% during the day, currently reporting 143.13.

[9:53 Update] Due to Morgan Stanley's expectation that the memory industry has peaked and "halving" SK Hynix's target price, the company's stock price fell more than 10% today.