Global Headlines You Need to Know Before Thursday's US Stock Market Open

People's Bank of China: Conducted a CNY 1 trillion outright reverse repo operation on August 14. Ministry of Commerce: Continued to impose anti-dumping duties on imported single-mode optical fiber originating from India for a period of five years. Inflation cools more than expected! US July PPI rose only 4.2% year-on-year, lower than the previous value of 5.5%. Richmond Fed President Barkin believes there are arguments both for and against raising interest rates. Cleveland Fed President Hammack: (On Fed policy) "I think we need to take action now." US initial jobless claims rose to 209,000 last week, higher than expected. Yen surges sharply in short term! Report: Japanese Prime Minister Sanae Takaichi supports faster rate hikes by the Bank of Japan. Bank of England: An AI bubble burst could cause capital to withdraw simultaneously from US stocks and bonds, causing spillover effects on the UK. JD.com Group's Q2 revenue fell nearly 3% year-on-year but still exceeded expectations, with the drag from food delivery services weakening and operating profit turning profitable year-on-year. DeepSeek announced API price increases, with peak prices rising to a maximum of CNY 27 starting August 17, alongside the launch of the new V4 Pro version. Benefiting from spillover AI demand, SMIC's Q2 revenue exceeded USD 3 billion, with net profit soaring nearly fourfold; Q3 revenue is projected to increase 2% to 4% quarter-on-quarter. Hua Hong Grace's Q2 revenue hit a record high, with net profit rising 386% year-on-year; Q3 revenue guidance is up to USD 780 million. Pre-US market: Major stock index futures edged higher, South Korean stocks entered a technical bull market after rising 22% in 10 days, while gold and oil both fell. The Nikkei 225 closed up 1.2%, the Shanghai Composite Index closed down 0.5%, and the Hang Seng Index closed down 0.17%.