A[Overnight global news you need to know on Friday: European and American stock markets rose across the board, Huang Renxun said that Nvidia will double its chip sales next year, and Trump said that he will decide whether to resume large-scale war against Iran]
1. The three major U.S. stock indexes collectively closed higher. The Nasdaq rose 1.69%, the S&P 500 rose 1.14%, and the Dow Jones Industrial Average rose 0.61%. The Philadelphia Semiconductor Index rose 3.14%. AI hardware stocks and chip semiconductor stocks surged, and the three times long semiconductor ETF-Direxion surged 10.44%. Major European stock indexes collectively closed higher, with Germany's DAX30 index rising 0.77%.
2. Trump said he would decide whether to resume large-scale war against Iran in order to end this conflict.
3. The U.S. State Department stated that the Iranian delegation will be allowed to participate in the 81st United Nations General Assembly High-Level Week in New York next week.
4. Standard Chartered Bank expects the Federal Reserve to raise interest rates by 25 basis points in December 2026. It had previously predicted that the policy interest rate would remain unchanged this year.
5. The Pentagon and Lockheed Martin are accelerating production of a new classified air-to-air missile for use on U.S. Air Force and Navy fighter jets.
6. According to reports, the U.S. Pentagon is considering withdrawing nearly one-third of its U.S. troops from Europe.
7. The White House is considering establishing an American cybersecurity research and start-up incubator.
8. Goldman Sachs raised the average annual compound growth rate of electricity demand in the United States from 3.2% to 3.5% by 2030; it is expected that data center power demand in 2030 will increase by about 170% compared with 2025, while the forecast in March this year was only about 117%.
9. JPMorgan Chase expects the Bank of England to raise interest rates by 25 basis points in February 2027, compared with the previous forecast of two interest rate cuts in 2027.
10. Nvidia CEO Jensen Huang said that Nvidia’s chip sales next year will double this year’s.
11. GlobalFoundries and Marvell Technology have expanded their cooperation to jointly promote next-generation optical connection technology.
12. Microsoft, Marvell Technology and Utimaco will launch the industry’s first secure, cloud-scale payment solution.
13. Google launched Expert Intelligence to connect professional content to Gemini Notebook.
14. Anthropic launches Mythos 5.1, Opus 5 and Sonnet 5 models, all of which are subject to the standard license terms of the Life Sciences Program.
15. Putin predicts that Russia’s GDP growth will reach 1% in 2026, and Russia’s budget deficit is expected to account for 2% of GDP in 2027.
16. Russia has once again extended its ban on imports of Western agricultural products until December 31, 2028.
17. The international crude oil futures settlement price closed down. WTI crude oil futures October contract fell 0.51%, Brent crude oil futures November contract fell 0.95%.
18. COMEX gold futures fell 0.16% to US$4,380.6 per ounce; COMEX silver futures rose 1.23% to US$65.72 per ounce.
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