[Overnight global news you need to know on Wednesday: News was cold on the eve of the Federal Reserve’s interest rate decision, the S&P 500 index hit a new closing low since August, and the settlement price of U.S. diesel futures hit a new high] 1. The U.S. Senate failed to advance the landmark cryptocurrency bill. 2. U.S. Treasury Secretary Bessent said that controlling the federal fiscal deficit within 3% of GDP is crucial to the stability of the U.S. Treasury yield curve. 3. U.S. Energy Secretary Wright believes that the Saudi East-West Pipeline will resume operation soon, and the reopening of the pipeline is expected to be completed within a few days. 4. According to the U.S. Congressional Budget Office, the Iran war cost the United States $38 billion in the first five months. 5. According to reports, British Prime Minister Burnham will meet Trump for the first time in New York next week. 6. Vance said that the war in Iran will enter a "completely different phase" and Vance agreed that the war will end after the mid-term elections. 7. The three major U.S. stock indexes collectively closed down. The Nasdaq fell 0.78%, the Dow fell 0.63%, and the S&P 500 fell 0.45%, hitting a new closing low since August. Cryptocurrency concept stocks generally fell, with Circle falling more than 11% and Coinbase falling more than 10%. Most major European stock indexes closed lower, with Germany's DAX30 index falling 0.07%. 8. The settlement price of international crude oil futures closed sharply higher. WTI crude oil futures October contract rose 4.38%, Brent crude oil futures November contract rose 2.9%. U.S. diesel futures settled above $5.26 a gallon, a record high. 9. COMEX gold futures fell 0.43% to US$4,333.4 per ounce; COMEX silver futures rose 0.07% to US$64.19 per ounce. 10. It is reported that OpenAI is considering a round of financing before its IPO to obtain a valuation of US$1.2 trillion. 11. Micron demonstrated the world's first 512GB DDR5 RDIMM memory module and is expected to achieve mass production in the second half of 2027. 12. Meta is reported to deploy a new generation of self-developed Arke chips in the first half of 2027 and launch the next generation Astrid chips at the end of 2027. 13. Anthropic announced that it has launched a Salesforce plug-in for Claude, which is currently in the testing phase. 14. OpenAI said it is cooperating with Anthropic and Google to promote AI security work. 15. Gilead Sciences stated that the growth of the HIV drug market is expected to return to normal levels of 2% to 3% in the next few quarters.