Wallstreetcn
2024.10.15 12:45

Global headlines you need to know before Tuesday's US stock market opens

State Council Information Office: The Ministry of Housing and Urban-Rural Development, the Ministry of Finance, the People's Bank of China, and other departments will hold a press conference on October 17 at 10:00 am to discuss promoting the stable and healthy development of the real estate market. According to The Paper, the United States is considering restricting the export of AI chips to Middle Eastern countries from companies such as NVIDIA and AMD. IEA Monthly Report: Adequate supply offsets geopolitical risks, the oil market faces oversupply in the new year. In the UK, the average wage growth excluding bonuses in August increased by 4.9% year-on-year, reaching a two-year low in growth rate. Global public debt is expected to reach $100 trillion this year, accounting for 93% of GDP. The IMF calls for debt control. Global electric vehicle sales surged by 30% in September, signaling a recovery in the global electric car market. China performed the best, with rebounds in the European and American markets. The Renminbi depreciates against the US Dollar. Goldman Sachs' pre-market trading of US stocks rose by nearly 4%! Trading and investment activities drove third-quarter profits and revenues to exceed expectations. Citigroup's pre-market trading of US stocks rose by over 2%, with the company's market division achieving its best performance in at least a decade in the third quarter. Bank of America's pre-market trading of US stocks rose by nearly 3%, with the company's third-quarter net interest income meeting expectations. Charles Schwab's pre-market trading of US stocks rose by nearly 8%, with the company's third-quarter net revenue and adjusted earnings per share exceeding market estimates. According to The Wall Street Journal, Boeing will seek to raise approximately $10 billion through a stock offering. Pre-market trading of US-listed Chinese stocks is generally down, the German DAX index hits a new high, WTI crude oil plunges by 5%, gold prices turn higher, and offshore Renminbi falls by over 350 points. The Nikkei 225 index closed up by 0.8%, the Shanghai Composite Index fell by 2.53%, and the Hang Seng Index fell by 3.67%