US stocks stabilized after the sharp selloff on the first trading day of September, with the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all closing higher on Wednesday, September 2. Dell Technologies led the advance after reporting second-quarter operating revenue of $47 billion, up 58% year over year and above expectations, while raising full-year revenue guidance to $192 billion. Its shares surged 15.8%, supported by strong AI server demand. Treasury yields retreated from recent highs, and weaker-than-expected August private-sector payroll growth reported by ADP eased some concerns about additional Federal Reserve rate hikes, although interest-rate futures still priced a 66% to 70% probability of a September increase. US-Iran tensions paused after two days of strikes and retaliation, but oil remained above $90 a barrel, sustaining inflation concerns. Hong Kong's Hang Seng Index suffered a third straight decline but recovered in night and grey-market futures. Analysts said the index could rebound, while warning that moving averages around 25,504 to 25,574 have turned into resistance and that 25,600 is the near-term dividing line. Investors will focus next on the US employment report due Friday, September 4, Treasury yields, Middle East developments and whether Hong Kong stocks can regain that level.