Global headlines you need to know before Monday's US stock market opens

Wallstreetcn
2024.10.21 12:35

The Central Committee of the Communist Party of China and the State Council: Strive to cultivate around 2,000 master craftsmen by 2035. According to CCTV News, the 15th National Assembly of Vietnam opened its eighth session and elected Liang Qiang as the President. Simkus, a member of the European Central Bank's board, stated that it is obvious that interest rates will be further lowered. The first Hong Kong-listed ETF to be listed in Saudi Arabia will debut on October 30. Goldman Sachs, JP Morgan, Deutsche Bank, and others collectively voiced their support, with Wall Street fully betting on the "Trump trade." How high can the gold price rise? Wall Street predicts that with central bank interest rate cuts and a surge in safe-haven demand, it could reach at least $3,000! A source close to JD.com stated that the rumor of "regulators entering JD Finance" is severely inaccurate. According to Bloomberg, Microsoft is launching an artificial intelligence agent to deepen competition with Salesforce. According to CNBC, Honeywell has reached an agreement with Google to introduce GEMINI generative artificial intelligence into the industrial sector. Chinese concept stocks in the US stock market fell before the market opened, with the 10-year Treasury yield climbing to 4.13%, gold breaking through $2,730 to hit a new high, and oil prices rebounding by 2%. The Nikkei 225 index fell by 0.1%, the Shanghai Composite Index rose by 0.82%, and the Hang Seng Index fell by 1.57%