Huo Xing Finance News: Key financial updates for the U.S. market that investors should pay close attention to: 1. U.S. major stock index futures edged lower. The Dow Jones Index futures fell 0.03%, the S&P 500 Index futures declined 0.00%, and the Nasdaq 100 Index futures dropped 0.17%. 2. International oil prices rose collectively. WTI crude oil futures increased 1.43% to $90.658 per barrel; Brent crude oil futures rose 1.64% to $97.737 per barrel. 3. International gold and silver spot prices moved in opposite directions. Spot gold prices rose 0.17% to $4,188.99 per ounce; spot silver prices fell 1.32% to $60.64 per ounce. 4. Europe’s three major stock indices all declined. The UK FTSE 100 fell 0.05%, France’s CAC 40 dropped 0.56%, and Germany’s DAX 30 slid 0.36%. 5. The U.S. August Personal Consumption Expenditures (PCE) report will be released at 20:30 Beijing time tonight. Markets currently expect (core) PCE to rise 0.3% month-over-month, with PCE year-over-year growth at 3.7% and core PCE year-over-year growth at 3.3%. 6. Apple is reportedly planning to aggressively enter the smart home market on October 13, launching its new Home Hub alongside updated versions of the Apple TV and HomePod mini. 7. Micron Technology will release its latest earnings report after market close on Wednesday. Based on Monday’s options pricing, Micron’s stock is expected to fluctuate by as much as 7% before the end of the week. Micron previously provided guidance for Q4 revenue of $50 billion and Non-GAAP EPS of $3.10. 8. The U.S.-based BlueQubit research team completed a random quantum circuit sampling experiment using IBM’s latest Nighthawk r2 quantum processor, generating one million samples in just 19 seconds. 9. TSMC is evaluating a potential investment in Texas to expand its semiconductor manufacturing capacity in the U.S. This potential investment would be in addition to the $265 billion TSMC has already committed to Arizona. 10. OpenAI has decided to delay the planned October launch of GPT-6.1 Astra, further highlighting the competitive costs of AI safety. 11. SK Hynix has expanded its outsourcing of flip-chip packaging for memory semiconductors and added new outsourcing partners. The outsourced products include DDR4 and DDR5 DRAM. (Cailian Press)
U.S. PCE Report and Micron Earnings to Watch as Markets Await Key Data
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Summary
U.S. August PCE inflation data is due at 20:30 Beijing time, with core PCE expected to rise 0.3% MoM. Altcoins to watch may react to the outcome. Micron Technology will report earnings after Wednesday’s close, with options data indicating potential 7% stock price swings. OpenAI has delayed GPT-6.1 Astra due to safety concerns. TSMC is considering additional investments in Texas to increase U.S. chip production.
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