U.S. stock index futures weakened, the yen rebounded, gold and crude oil fell back, and spot silver rose by 3% during the day

On October 10th, before the US stock market opened, the three major stock index futures rose collectively, with the market still buoyed by the artificial intelligence boom. Gold prices fell due to profit-taking by investors, while most Asian stock markets declined.

US and Japanese government bonds fell collectively, with the yield on Japan's 10-year government bonds rising to 1.7% during the day, the highest level since 2008. The yield on 10-year US Treasury bonds increased to 4.14%.

The US dollar index slightly corrected after breaking above 99 to reach a two-month high, currently oscillating above 99. The yen rebounded due to news of the collapse of Japan's ruling coalition.

Most commodities fell, with gold and crude oil declining as tensions in the Middle East eased, while silver rose against the trend, gaining 3% during the day.

Cryptocurrency performance was weak, with Bitcoin down 1.5% and Ethereum down 3.6%.

• US stock index futures rose collectively, with S&P 500 futures up 0.09%, Nasdaq futures up 0.1%, and Dow futures up 0.1%.

• The benchmark Seoul Composite Index (Kospi) rose 1.8% at one point, reaching a record high.

• SK Hynix's stock price rose 11% at one point, while Samsung Electronics rose 6%.

• The Nikkei 225 index closed down 1%.

• The yield on Japan's 10-year government bonds rose to 1.7% during the day.

• The yield on 10-year US Treasury bonds increased to 4.14%.

• The US dollar index oscillated above 99, currently at 99.34.

• Gold fell slightly by 0.09% to $3972 per ounce.

• Spot silver rose 3% during the day, reported at $50.84 per ounce.

• Brent crude oil futures fell to $65.04 per barrel.

• London copper futures fell 1.12% to $10,745.5 per ton.

• Cryptocurrency performance was weak, with Bitcoin down 1.5% and Ethereum down 3.6%.

US stock index futures rose collectively, with S&P 500 futures up 0.09%, Nasdaq futures up 0.1%, and Dow futures up 0.1%. Although some market analysts believe that artificial intelligence has entered a bubble, investor enthusiasm continues to boost the stock market.

After a market closure yesterday, the benchmark Seoul Composite Index (Kospi) rose 1.8% today, reaching a record high. The surge in this index was driven by the rise in technology stocks.

Driven by a series of artificial intelligence trades, SK Hynix's stock price rose 10%, and Samsung Electronics' stock price rose nearly 6%, reaching new highs. In news, Nvidia-backed Reflection AI secured $2 billion in funding, increasing its market value to $8 billion, which boosted the stock prices of both companies

The Nikkei 225 index closed down 1% at 48,088.8 points. After data showed that the producer price increase in September exceeded expectations, the Nikkei 225 index retreated from a significant rise the previous day.

The yen rebounded slightly, with the USD/JPY falling about 40 points to 152.51. Reports indicate that the ruling Liberal Democratic Party (LDP) and Komeito coalition, which has been in power for nearly 25 years, is on the verge of collapse due to a breakdown in negotiations over funding rules. Komeito announced it would not vote to support LDP's new leader, Sanae Takaichi, as Prime Minister, which poses a significant blow to her yet-to-be-officially-appointed position.

Gold fell slightly by 0.09% to $3,972 per ounce. The rise in gold prices stalled after Israel and Hamas signed a ceasefire agreement, with easing geopolitical tensions expected to weaken some of the safe-haven demand for gold.

ANZ analysts pointed out that the recent declines in gold and precious metals were mainly driven by profit-taking.

Spot silver rose by 3% during the day, trading at $50.84 per ounce.

Brent crude oil futures fell to $65.04 per barrel. This decline followed the signing of a ceasefire agreement in Gaza between Israel and the Palestinian militant group Hamas.

London copper futures fell by 1.12% to $10,745.5 per ton.