Wallstreetcn
2024.09.19 12:50

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

Li Qiang: Implementing a gradual increase in the statutory retirement age in a stable and orderly manner provides important support for promoting the Chinese-style modernization.

The Bank of England has paused interest rate cuts and plans to reduce its balance sheet by £100 billion in the coming year.

The number of initial jobless claims in the United States last week dropped to 219,000, the lowest level since May.

ECB Governing Council member Centeno: It may be necessary to accelerate the pace of interest rate cuts.

German Central Bank: The German economy may have already entered a mild recession.

"New Bond King" Jeffrey Gundlach: The Fed doesn't need to worry too much about inflation, as the U.S. may already be entering a recession.

Dalio: Faced with a massive $35 trillion debt, the Fed needs to maintain a "difficult balance" in interest rates.

According to Bloomberg, the EU will warn Apple to open up the iPhone operating system or face hefty fines.

Pre-market trading in the U.S.: France's CAC 40 index is up 2%, Nasdaq 100 index futures are up over 2%, Chinese concept stocks and semiconductor stocks are generally up, and gold, silver, copper, and oil prices are all significantly higher.

The Nikkei 225 index closed up 2.1%, the Shanghai Composite Index closed up 0.69%, and the Hang Seng Index closed up 2%