Global news you need to know before the U.S. stock market opens on Wednesday

U.S. durable goods orders for September rose by 0.5% month-on-month, in line with expectations, while core capital goods orders accelerated to a growth rate of 0.9%.
The number of initial jobless claims in the U.S. fell to 216,000 last week, the lowest level since mid-April.
The Ministry of Industry and Information Technology and five other departments: orderly development of new formats such as live e-commerce and instant retail, promoting the application of artificial intelligence across the entire industry and process of consumer goods.
UK government bonds fell as the budget proposal was unexpectedly leaked early: the fiscal buffer increased to £22 billion, and the GDP growth forecast for 2026 was significantly lowered to 1.4%.
The UK plans to issue £303.7 billion in government bonds this fiscal year, with market expectations at £308.1 billion.
European Central Bank Governing Council member Muller: There is no need to rush to cut interest rates due to inflation being slightly below target.
The European Central Bank released a financial stability assessment report, warning that high valuations exacerbate financial stability risks.
U.S. special envoy shuttles between Russia and Ukraine to promote negotiations, Trump claims significant progress but "no deadline."
Alibaba's Qianwen tops the space intelligence rankings, outperforming Gemini3 and GPT5.1.
From profit to loss! Li Auto's Q3 revenue fell 36% year-on-year, with a net loss of 624 million yuan, and Q4 guidance is nearly 30% lower than expected.
JP Morgan joins the bullish camp on U.S. stocks, raising the S&P 500 target for next year to 7,500 points.
As interest rate cut expectations rise, global stock markets rally, the U.S. dollar weakens, and gold, silver, and oil all rise collectively, with cryptocurrencies rebounding.
The Nikkei 225 index closed up 1.8%, the Shanghai Composite Index closed down 0.15%, and the Hang Seng Index closed up 0.13%.
Reminder: At 03:00 Beijing time the next day, the Federal Reserve will release the Beige Book