S&P 5007,753.11▼0.1% Nasdaq26,605.36▼0.3% Dow53,975.98▼0.1% Russell 2K3,017.40▼0.6% 10-Yr4.70%+4bp VIX15.46+0.56 WTI$82.30▲5.3% Gold$4,448.60▲2.5% EUR/USD1.155▲0.2% BTC$64,135▲0.3% Nikkei65,607▼0.1%
At close · Mon, Aug 10, 2026
Daily Market Updates.

Global Markets

HomeGlobal MarketsTrade & TariffsBrookhaven seeks Chinese superconducting magnet tech f…

Brookhaven seeks Chinese superconducting magnet tech for particle accelerator

Chinese official media said Brookhaven previously relied on a US supply it had “monopolised,” while Chinese researchers cited 13 years of development to reduce dependence on outside technology.

China’s state-linked media said the US Department of Energy’s Brookhaven National Laboratory is seeking to buy Chinese superconducting magnet technology used in a leading particle accelerator.

The outlet said Brookhaven previously “monopolised” this specialized technology, and that the lab is looking to reduce reliance as Chinese firms compete head-to-head in cutting-edge basic science.

According to Science and Technology Daily, Yu Chenghui, chief operator of the collider, said China has proven it can compete with the world’s best, while Zhu Yingshun, a researcher at the institute, said Chinese teams spent 13 years developing a world-leading combined superconducting magnet.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.