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

Li Qiang: Actively promote service exports in emerging fields, accelerate the cultivation and development of new business formats and models such as digital service trade and "artificial intelligence + service trade." State Council's "Artificial Intelligence +" action plan: Focus on tackling AI chip challenges and cultivating software ecosystems, and strongly promote the development of smart vehicles and other terminals. U.S. durable goods orders in July fell by an initial value of 2.8% month-on-month, while core durable goods orders increased by 1.1%, exceeding expectations. The U.S. critical minerals list is being "expanded," with plans to add six new minerals including copper, silicon, silver, and potassium. U.S. Secretary of Commerce Gina Raimondo: We all agree that interest rates should be lowered. Former Federal Reserve official Lael Brainard: The Federal Reserve may cut interest rates by 25 basis points at the September meeting. According to Bloomberg, Germany and Canada have committed to deepening cooperation in critical mineral supply chains and jointly funding new projects. According to Bloomberg, Vietnam has ended the state monopoly on gold bar production. European automotive giants are reducing technology investments, with Stellantis quietly shelving its L3 autonomous driving project. Echostar's U.S. stock rose nearly 90% in pre-market trading, following reports that AT&T will acquire spectrum licenses from Echostar for approximately $23 billion in cash. Eli Lilly's U.S. stock rose over 3% in pre-market trading after the company announced trial results for Orforglipron, which led to a 9.6% weight loss in obese and diabetic patients. Political turmoil in France combined with the Federal Reserve's turmoil has led to a decline in global stock markets, with long-term bonds experiencing larger declines and the dollar recovering most of its losses. The Nikkei 225 index fell by 1%, the Shanghai Composite Index fell by 0.39%, and the Hang Seng Index fell by 1.18%