
Global news you need to know before the U.S. stock market opens on Thursday
Ministry of Commerce: Regarding soybean trade, the U.S. should take proactive actions to cancel related unreasonable tariffs.
Ministry of Commerce: Initiated an anti-dumping investigation on imported pecans originating from Mexico and the United States.
U.S. Q2 real GDP annualized quarter-on-quarter final value is 3.8%, PCE price index is 2.6%.
Federal Reserve Governor Mylan: Current interest rates are overly restrictive, hoping for significant rate cuts within the next six months to approach neutral rates.
Federal Reserve Goolsbee: If the risk of stagflation subsides, interest rates may decline further.
Better than expected! U.S. August durable goods orders preliminary month-on-month value is 2.9%.
The number of first-time unemployment claims in the U.S. fell sharply to 218,000 last week, the lowest level since July.
Historically rare! The White House warns of potential permanent layoffs during a government shutdown, as the budget deadlock escalates.
Reject negative interest rates! The Swiss National Bank pauses interest rate cuts for the first time since early 2024.
SAP is under investigation by the EU for antitrust issues related to software support services.
Xiaomi is an assembly factory, lacking technology? Lei Jun: Chips are the necessary path to success, requiring at least ten years and an investment of at least 50 billion.
Baidu's Steam Engine releases a general AI long video generation function, capable of generating AI videos of unlimited length.
BYD's European sales in August surged 200% year-on-year, surpassing Tesla for two consecutive months!
Cryptocurrency continues to plummet, with Ethereum falling below the $4,000 mark, and bulls facing massive liquidations!
U.S. stock index futures collectively fell, Intel rose over 5% in pre-market trading, Ethereum led the decline in cryptocurrencies, and spot gold dropped about $12 in a short time.
Nikkei 225 index closed up 0.3%, Shanghai Composite Index closed down 0.01%, Hang Seng Index closed down 0.13%
