Global news you need to know before the U.S. stock market opens on Tuesday

China's GDP grew by 5.3% year-on-year in the first half of the year, with a growth of 5.2% in the second quarter.
The U.S. core CPI rose by 2.9% year-on-year in June, and by 0.2% month-on-month, remaining below expectations for five consecutive months.
U.S. Treasury Secretary Janet Yellen: The formal process for Powell's successor has begun, and the selection will proceed at Trump's pace.
Japan's bond crisis enters a new phase: The 10-year yield has broken through the warning line, reaching a new high since 2008.
Jensen Huang: The U.S. government has approved export licenses and will begin selling H20 chips to the Chinese market.
Apple bets $500 million on the only rare earth supplier in the U.S., MP Materials, to strengthen its domestic supply chain layout.
Apple's first foldable iPhone is expected to be released in the second half of 2026, with a starting price of $1,800.
AMD's U.S. stock continues to rise before the market opens, with an increase of over 5%.
Tesla enters the high-end market in India! The starting price of Model Y is close to $70,000, which is twice as expensive as in China.
JP Morgan's Q2 revenue of $45.7 billion exceeded expectations, with a net profit of $15 billion and stock trading income reaching a record high.
The Nikkei 225 index closed up 0.6%; the Shanghai Composite Index closed down 0.42%; the Hang Seng Index closed up 1.60%