A · Important
[Overnight global news you need to know on Tuesday: Nvidia closed down more than 4% and hit a new closing low in the past seven months; international oil prices fell to the lowest since August; SpaceX plans to invest US$24 billion in building data centers and natural gas power plants in Texas]
global news
1. Trump said: It seems that military action against Iran is not necessary at the moment; the United States is maintaining Iran's status quo; Iran is talking to the United States "very politely"; we will wait and see, it is likely to end.
2. According to a hearing notice posted on the website of the Starbase City Government in Texas, Musk's SpaceX plans to build, own and operate a gas power plant and supercomputing facilities in Starbase, where the company is located. The initial investment of the project is expected to be US$24 billion.
3. Canada said it would extend extensive tariff relief measures for U.S. imports for one year. Tariff reductions will be extended to certain goods.
4. Lucid’s adjusted loss per share in the third fiscal quarter was US$2.30, compared with the expected loss of US$2.16 per share; revenue was US$350.3 million, lower than the expected US$393.9 million.
5. Rocket Lab fell more than 7% after the market closed. The company expects fiscal fourth-quarter revenue of $270 million to $290 million, compared with an estimate of $265.5 million.
6. The U.S. Bureau of Labor Statistics will not release 12-month year-on-year data for October CPI and core CPI. Due to the lack of base period data due to the U.S. government shutdown in 2025, retroactive collection is impossible, and the market can only rely on month-on-month data to judge inflation.
7. Anthropic is reported to plan to start trading next Thursday or next Friday.
8. U.S. Republican Congressman Thomas Massie will introduce a motion to impeach Defense Secretary Hegseth as soon as Monday. The move will push the House to hold a full-house vote on the motion as early as Wednesday.
9. Richmond Fed President Tom Barkin suggested that strong demand and persistently high inflation mean interest rates still need to rise further, but he warned that any rate increases need to be carried out at a cautious pace.
10. Crude oil inventories in the U.S. Strategic Petroleum Reserve fell to 279.5 million barrels last week, the lowest level since 1982.
global market
1. The three major U.S. stock indexes collectively closed higher, with the Dow Jones Industrial Average rising 2.15%, the Nasdaq Composite Index rising 2.74%, and the S&P 500 Index rising 2.34%. Chip stocks surged, with the Philadelphia Semiconductor Index up 6.85%, AMD up over 13%, Applied Materials up over 11%, Ram Research up over 10%, Seagate Technology and Western Digital up over 9%, and Broadcom up over 8%. However, Nvidia fell 4.22% and hit a new closing low in the past seven months.
2. As the market's optimism about ending the war in the Middle East through diplomatic efforts increased, international oil prices fell to the lowest since August. WTI crude oil for December delivery fell 4.4%, with a settlement price of US$86.85 per barrel; Brent crude oil for January delivery fell 5.9%, with a settlement price of US$92.57 per barrel.
3. Livermore’s leading Chinese concept stock index closed up 0.36%. Among the constituent stocks, iQiyi fell by more than 5%, Alibaba fell by more than 3%, and JD.com fell by more than 2%; Futu Holdings rose by more than 2%, and Bawang Chaji rose by more than 1%.
4. International precious metals rose. Spot gold prices rose 1.72% to US$4,140.93 per ounce; spot silver prices rose by 2.93% to US$53.44 per ounce.
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