Global headlines you need to know before the U.S. stock market opens on Friday

Wallstreetcn
2024.10.11 12:44

US September PPI flat on a month-on-month basis, inflation further trending towards moderation. After two months of stagnation, the UK economy finally rebounded, with a 0.2% month-on-month GDP growth in August. Bank of Korea shifts gears! Cuts interest rates by 25 basis points, the first time in four years. CCTV News: Sources say Gulf countries are lobbying the United States on the Iran situation. Tesla's US stock fell nearly 7% in pre-market trading, as the market was not satisfied with Musk's Robotaxi performance. German luxury car brands collectively suffered losses, with Volkswagen's global sales plunging by 7%. Net interest income unexpectedly grew, investment banking business performed well, JPMorgan Chase's Q3 revenue and profit both exceeded expectations. Wells Fargo's US stock fell over 4% in pre-market trading, third-quarter revenue fell short of market expectations. BlackRock's US stock rose over 2% in pre-market trading, with total assets under management (AUM) approaching $11.5 trillion. Japan suspends Nomura's participation in government bond auctions due to its manipulation of government bond futures prices. Nikkei 225 index closed up 0.6%; Shanghai Composite Index closed down 2.55%; Hong Kong stock market closed today