There are several positive news factors in the U.S. stock market worth noting tonight (March 26), and indeed, important employment data will be released tonight, but it is not the non-farm payrolls report; instead, it is the initial unemployment claims.

Here are the positive news and data release details for tonight's U.S. stocks:

Tonight's Positive News for U.S. Stocks

Chip giant Arm surges: Arm announced a brand-new AI data center chip, expected to generate billions of dollars in revenue. Driven by this good news, Arm's stock price soared over 16%. This also boosted the Philadelphia Semiconductor Index by about 1.2%, and other chip stocks like AMD, Intel, and NVIDIA also generally rose.

Easing Middle East tensions: Although Iran rejected the U.S. ceasefire proposal, market expectations for ongoing U.S.-Iran negotiations have increased. The Trump administration is pushing for negotiations with Iran to end the conflict, which has somewhat eased market tension and pushed the Nasdaq up about 1%.

Strong performance of Chinese concept stocks: The Nasdaq Golden Dragon China Index rose 1.86%. Among specific stocks, JD.com increased by 8.30%, Pinduoduo by 4.61%, Alibaba by 3.50%, Baidu by 2.73%, with overall impressive performance.

Employment Data to be Released Tonight

The employment data to be released tonight is the number of initial unemployment claims for the week ending March 21, rather than the non-farm payrolls.

Release Time: Tonight at 20:30 (Beijing Time)

Data Nature: Initial unemployment claims are a high-frequency weekly indicator that measures the number of people filing for unemployment benefits for the first time in the past week, reflecting the state of the U.S. labor market.

Market Impact: The performance of this data will directly influence market expectations for Federal Reserve interest rate cuts. If the data is below expectations, it indicates a strong labor market, which may suppress rate cut expectations; conversely, if the data exceeds expectations, it could reinforce rate cut expectations and be positive for the stock market.

Risk Warning

If Bitcoin weakens simultaneously or macro news is bearish, ETH may accelerate downward toward the 2,100 region;

Conversely, if a sudden positive catalyst pushes a volume breakout above 2,161, it may restore the pattern and return to oscillation.

Currently, market sentiment is somewhat bearish, but it has entered an oversold zone. Overly shorting is not recommended; it is advisable to buy low and sell high, and to lightly position for rebounds.