
Global news you need to know before the U.S. stock market opens on Thursday
The Central Committee of the Communist Party of China and the State Council: Develop a group-style and networked modern urban agglomeration and metropolitan area, and continue to promote the renovation of old urban residential communities. Ministry of Commerce: Continue to impose anti-dumping duties on imported phenol originating from the United States, European Union, South Korea, Japan, and Thailand. Higher than expected! The annualized quarter-on-quarter revised growth rate of the U.S. GDP in the second quarter increased by 3.3%, with trade contributions reaching a record high. The number of initial jobless claims in the U.S. for the week of August 23 fell to 229,000, lower than expected. Trump: Soros should be charged with extortion. Senior officials at the Bank of Japan have indicated that the current interest rate hike environment is more mature than in April. Li Auto's U.S. stock pre-market fell over 4%, with the company's Q2 revenue down 4.5% year-on-year, net profit basically flat year-on-year, and third-quarter guidance far below expectations. SMIC's revenue in the first half of the year increased by 22% year-on-year, with a significant increase in gross profit driving a 35.6% increase in net profit, with an annual target to exceed the average of comparable peers. Wall Street reviews NVIDIA's earnings report: Ignore the "noise" from the Chinese market, the fundamentals remain strong, and there is great growth potential for Blackwell and Rubin. Buffett takes action! Berkshire Hathaway increases its stake in Japan's Mitsubishi, with shareholding exceeding 10%. NVIDIA fell about 2% in pre-market trading, European stocks opened higher, the dollar maintained its downward trend, and gold touched $3,400. The Nikkei 225 index closed up 0.7%, the Shanghai Composite Index closed up 1.14%, and the Hang Seng Index closed down 0.81%